Finance Division, Ministry of Finance

The budget preparation process for FY 2013-14 is well underway. Budget Call Circular-2 has already been issued and the line ministries have been requested to prepare the detailed budget estimates and submit them to Finance Division by 6 May 2013. Meanwhile, the revised authority for FY 2012-13 has been issued.

It has been decided that five ministries/divisions, namely; Ministry of Agriculture, Local Government Division, Ministry of Education, Power Division and Ministry of Social Welfare will prepare their Medium Term Strategic Business Plan (MTSBP) in 2013 with the assistance of the Deepening MTBF and Strengthening Financial Accountability (DMTBF) project of the Finance Division. By now the draft MTSBP of the Ministry of Agriculture has been prepared which will be finalized soon. MTSBP for two more major spending Divisions – Power and Local Government Division -will be prepared by June 2013. Preliminary steps for preparing MTSBP for the Ministry of Education and Ministry of Social Welfare have been taken and their MTSBPs are likely to be finalized by September 2013.

12th Fiscal Economics and Economic Management (FEEM) course has been delivered and the next course will commence in July 13. A selected group of FEEM participants have been offered scholarships to pursue one-year masters programme abroad and as many as 68 participants have already completed their masters programme from reputed foreign universities under the same arrangement.

Twenty ministries/divisions within the secretariat and sixteen ministries /divisions outside the secretariat have already been brought under iBAS connectivity. The rest of the ministries/divisions will be brought under iBAS connectivity soon.