BPMIS  Features

BPMIS features

BPMIS system consists of two subsystems, with functionalities covering two-phase model of the budget preparation cycle:

• Subsystem for macro-fiscal scenarios preparation and Medium-Term Expenditure Framework (MTEF) development - "BPMIS Scenarios," allows Ministry of Finance officials to prepare macro-fiscal scenarios, develop MTEF, define amount of spending normative, define amount of transfers for local authorities and define the limits for budget beneficiaries, based on the objectives of fiscal policy and other macro-economic objectives - Phase I,
• Subsystem for budget beneficiaries financials plans collection - "BPMIS Financial Plans", allows budget beneficiaries to enter financial plan proposals within the limits set during first phase, as well as collection, analysis and approval of entered data by Ministry of Finance analysts, including draft budget generation and its finalization - phase II.