The budget management modernization plan is progressing

He Ministry of Economy and Finance (MPEG)The United Nations Development Program (UNDP) and the Ministry of Foreign Affairs (MIRE) have signed a project to implement Results-Based Management: Closing the Gaps with Efficiency and Transparency.

He Minister of MEF, Héctor Alexanderhe stated that the idea is to articulate a budget that has the best possible effect on the state, and that the state budget is one of the main instruments of public policy.

“The goal is to have the budget framed within the national strategy, in real planning so that the results generate progress in national development,” he said. Minister Aleksandar.

for his part, Yill del Carmen Otero, Deputy Minister of Multilateral Affairs and International Cooperation of the Ministry of Foreign Affairshe pointed out that the implementation of the project for the implementation of results-based management is a way to tell the world that Panama once again concretizes its commitment to creating a management that is not only transparent, but also responsible for the use of its resources, with the aim of positively transforming the population, the ordinary citizen.

In the meantime, Permanent representative of UNDP in PanamaMaría del Carmen Sacasa, pointed out that the fundamental initiative is to know exactly where efforts are directed and that citizens have access to the same opportunities, through clear planning and greater efficiency of institutions.

Likewise, Director of the MEF State Budget, Carlos Gonzálezhe explained that the pilot plan of the project is underway, which is in the second phase with the inclusion of 22 new entities that will enter the training process for preparing their budgets in 2024.

He explained that the pilot plan started with 12 institutions and an annex General Budget Law for 2023with a focus on results for these 12 institutions.

González added that “by 2024, even more than 34 are expected institution with which the project has a total today, at least 12 more have been incorporated and there is a voluntary tender for that, those institutions that have that interest will be added and in this way 50% of the subjects of the sector would be covered by the public”.

Minister Alexander, resident representative in UNDP in Panama, Sacasa y Otero, Deputy Minister of Multilateral Affairs and International Cooperation of the Ministry of Foreign Affairsthey signed the project document for the implementation of results-based management: Closing the gaps with efficiency and transparency.

V. participated in the activity Deputy Minister of Economy, Enelda Medrano de González, Alejandro VernazaDeputy Director of the National Budget and Gabriel Boyke, UNDP National Program Officer, among others.