Bosnia and Herzegovina—Further Support to Public Finance Management

Client: European Union

Duration: 2020-2022

Region: Eastern Europe and Central Asia

Country: Bosnia and Herzegovina

Solutions: Governance

Bosnia and Herzegovina (BiH) has a unique and complex system of public finance. Its general government sector includes institutions of BiH, entity governments (Federation of Bosnia and Herzegovina and Republika Srpska), Brčko District, cantonal and city/municipal authorities, and extrabudgetary funds.

The Further Support to Public Finance Management project enables authorities in BiH to improve public finance management by increasing expenditure effectiveness and the budget planning process.

In terms of budget planning, the project strengthens organizational frameworks, developing a detailed structure of budget users and creating performance indicators to ensure that mid-term budget planning is accepted by all state governments and entities so the process can achieve the results of government policies as stated in the Framework Budget Document. Additionally, the project aims to develop the human capacities of the relevant financial institutions by sharing expertise from member states and current European Union candidate states, to improve the process for budget planning at all levels of government.

Sample Activities

  • Improve the program budgeting process and alignment with the mid-term policy planning process at all levels of government.
  • Increase human resources capacity for program budget planning at all levels of government.
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