Component 2: Budget Formulation and Preparation
Objective: To establish a clear and transparent budget presentation that is reflective of policy objectives and efficient allocation after a credible budget process.
The activities in this component will include:
- Strengthening sector budgets to have them prepared based on sector policy priorities and integrated within the national budget.
- Strengthening the consultative mechanisms with key stakeholders during the budget formulation process.
- Strengthening the budget classification.
- Strengthening annual budget reporting to the FEC and enabling them to effectively monitor the budget process as part of their oversight role.