EU funded project, “Public Financial Management phase Two (PFM II)” improves financial management in Balochistan
Headed by Ovidiu Mic, Head of Cooperation, an EU mission met Mr. Abdul Rehman Buzdar, Secretary Finance, Government of Balochistan. The meeting was organised by EU funded project, “Public Financial Management phase Two (PFM II) “. The mission included Virginie LAMBOTTE, Head of Finance and Contract, Roshan Ara, Programme Manager PFM II and Arshad Rashid Programme Manager.
The Secretary Finance lauded the support of EU in improving the financial management and financial reform agenda in the province of Balochistan. Mr Ovidiu MIC, Head of the Cooperation at the EU Delegation to Pakistan, reiterated the EU support to the province of Balochistan (GoB) in particular and Pakistan in general in its all development efforts. The 11.45 million Euro PFM II project is supporting the Finance Department of GoB, in developing Rules and Regulations relating to Public Financial Management Act 2020.
This includes preparation of Budget Manual, Accounting rules, and internal Audit Rules, development of Medium term fiscal framework, Citizen Budget Book, budget circular, White Paper on Budget and capacity building of drawing and disbursement officers (DDOs) working under different departments of the Balochistan Government specifically service delivery functions including Education, Health, Agriculture and Livestock.