DZ-BUDGET SYST. MODERN.

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The Budget Systems Modernization Project for Algeria aims to modernize and expnd the capacity of the Ministry of Finance to discharge its core expenditure management and economic policy advice functions. The key goals are: budgetary institutions and organizations which favor growth in the context of a democratic market economy by delivering: 1) a transparent and comprehensive statement of public resources allocation, firmly anchored to the economic situation of the country: 2) a framework for strategic expenditures choices using the best information possible, arrayed according to international practices; and 3) an instrument which promotes efficiency and effectiveness in budget execution as well as timely and reliable feedback to insure solid controls and overall fiscal discipline. There are two project components, with the second having three sub-components. The first component implements new expenditures management systems, including budget structuring, controls, new accounting standards, output monitoring and controls, and dissemination of new procedures. The second component develops and implements information systems for new budget structures by providing technical assistance for capacity building, developing and implementing computerized management systems, and strengthening the technological infrastructure.