At the session which has been held today in Sarajevo, members of the Management Board of the Public Administration Reform Fund, besides others, have anonymously approved the Terms of References “Budget management information system” from the area of Public Finances.

The goal of this project is increasing the effectiveness of the budget management by creating and implementing the modern Budget management information system (BMIS) in harmonization with the best European practices.

Implementation of the BMIS unified by default in all the budget institutions, by using the newest technology, represents a payable solution which reduces expenditures of management and coordination of the government finances operations.