Budget Results Management Solution (BRMS)

Our BRMS provides a platform for aligning expenditure with available financing and allocation of limited resources to expenditures and investment improving the supply side and implementing effective regulations. It is anchored by three pillars:

I) Our state-of-the-art E-Budget system, successfully implemented in the competitive Nigerian markets of Kano and Katsina, with core features including:

• Advanced workflow technologies, facilitating seamless electronic information exchange among government entities, thus saving time and reducing costs throughout the government.

• Classification of budget expenditures and revenues as per GFSM 14 and COFOG, providing the basis for implementing program and result management

• Costing of existing commitments to establish the fiscal space available for new commitment

• Ranking of existing activities based on their significance to the achievement of core priorities to enable evidence-based prioritization of resource allocation.

II) The second pillar is a robust budget process which comprises:

• Top-down budgeting process, anchored by the resources available for spending in the next three years per the fiscal rules.

• Three-year Medium Term Expenditure Framework (MTEF) with expenditure limits for the first two years and provisional estimates for the third year to ensure resource predictability.

• Comprehensive budget guidelines with:       

         I) Ministry-level budget ceilings,

         II) Criteria for replacing existing initiatives with new ones to enforce prioritization,

         III) Key Performance Indicators for progress measurement,

         IV) and a calendar for timely budget preparation and legislative approval.

III) The third pillar is transparent automated budget reports including:

• Quarterly budget execution as well as performance reports, comparing actual results with KPI targets.