Public Expenditure Management

Sigma's expertise in public expenditure management covers two main areas: budget and resource allocation and treasury.  Its specific focus is on the following:

• Budgetary development and analysis
• Medium-term budgetary framework
• Budget development systems
• Budget execution
• IT support for budget execution
• Government accounting systems
• Cash management
• Debt management

Collaboration with the Centre for Excellence in Finance

Sigma has worked since 2003 in collaboration with the Centre for Excellence in Finance (CEF) in Ljubljana, Slovenia. The centre provides short-term training services for CARDS countries (participants also accepted from Bulgaria, Romania and Moldova) in various aspects of public management. Sigma has participated in meetings of the CEF Advisory Board and has provided trainers and materials for several seminars on such topics as internal control, public procurement, and internal audit.

The high level of participation in these seminars is an indication of the need in the region for a better understanding of public finance issues and for training in public expenditure management.

More on Sigma's priority activity areas.