Chartered Accountant

FY 2026 Budget Development – Day 1 Recap

On March 13, 2025, the Ministry of Finance, Banking & Postal Services, supported by the Chief Secretary and Chairperson of the Budget Coordinating Committee and the Secretary of MOFBPS, successfully launched the FY2026 Budget Development Workshop.

Day 1 focused on macro-level budget formulation, covering:

  • FY23 actual expenditures
  • Performance-based budgeting
  • Business Plans for State-Owned Enterprises (SOEs)
  • Subrecipient grantee monitoring & reporting

Heads of Department, senior staff, and technical budget teams actively participated, laying the groundwork for a strong budget plan.

The workshop continues tomorrow, March 14, 2025, with a focus on the technical aspects of budget development.

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