BPMIS

Budget Planning and Management Information System

BPMIS - Budget Planning and Management Information System is an information system which supports all information processes of an entire budget preparation cycle. BPMIS is designed as an integral part of the Financial Management Information System; for that reason, integration with existing systems for budget execution is enabled, encompassing all stages of the budget's lifecycle in combination with the Permanent Treasury System: planning, management and realization. BPMIS is centralized and integral system for budget preparation process for Ministry of Finance and all budget beneficiaries on state and local level who are located in all parts of a country; a quality of a high mobility system.

BPMIS enables the integration of economic policy ensuring that expenditure programs are driven by policy and strategy priorities. BPMIS improves the quality of the public finances and output driven budgeting, as well as enables sufficient use of scarce public resources and well-targeted expenditures.

BPMIS supports and improves both types of budget preparation models. Program budget, as a modern and actual model of budget preparation process, puts focus on the planned or expected results, as well as monitors what was achieved in the previous period using approved funds. Also, Program budget introduces a component of responsibility (at direct budget beneficiaries) for program implementation, therefore improving program management. BPMIS with its mechanisms as a centralized and integrated information system offers the possibility of more analytical access and engagement during the entire budget year for all the system’s beneficiaries, particularly the Ministry of Finance officials. This ensures maximum control of results, especially because the BPMIS is working towards methodology of multi-annual budget preparation.

See also:

• Features
• Functionalities
• Characteristics
• Partners
• References