Department:  Department of Finance

1. Objectives

The objective of the sub-program is: 1) to ensure budget management and utilization at national and sub-national levels for transparency, accountability, effectiveness and efficiency; and 2) to ensure timely and appropriate expenditure and liquidation reporting correspondent with the public financial management  reform.

2. Responding to ESP Strategies and Policies

Policy 2: Improving the Quality and Efficiency of Education Services

¯  Increase public financial accountability and educational institution responsibilities for operational budgets and program decision making.

          Policy action:

·           Regulations and expenditure principles for the implementation of program budgeting, such as school operational budgets, scholarships, personnel expenditure and other incentives for efficiency, revised by 2013.

Policy 3:Institutional and Capacity Development for Educational Staff for Decentralization

¯  Improve the predictability for medium-term financial planning, decentralized management and improve regulatory systems and good governance.

           Policy action:

·           MOEYS’s action plan on the public financial reform program (PFMR) revised in 2012.

·           Guidelines related to the public financial reform program such as budget strategic plans and annual operational plan developed in 2012.

¯  Assuring that all departments and educational institutions become operational departments with higher efficiency in  budget management and implementation

Policy action:

• Guidelines on budget management and implementation prepared every year.

3. Indicators and Targets

• Percentage of annual program budgeting compared with the total budget in the education sector increased from 17% in year 2009 to 18% in year 2013.
• Percentage of annual program budgeting expenditure increased from 90% in 2009 to 95% in 2013.
  

4.Main Programs and Activities

4.1.    Recurrent Budget (Program based budgeting​​​​​ and others budgeting)

• Monitor budget management and its implementation by strengthening capacity building of specific staff to manage and implement the budget more efficiently.
• Provide support to departmental processes.
• Materials supplies:  Printing, construction, maintenance and safety boxes.

4.2.    Capital programs

Technical Cooperation

• Strengthen the capacity of Finance Department staff to monitor and report on financial releases and budget flows for the PB.
• Process the financial management information systems.
• Strengthen the financial security systems at all levels, especially at provincial and district levels, including the use of the provincial/district banking system.
• Strengthen the capacity of the Provincial and District Education Offices to provide regular technical support to schools in order to ensure timely actions on spending and reporting.
• Train staff in the development of accounting systems to consist with new regulations that have arisen from the Public Financial Management Reform.

5. Program Management and Monitoring

The Department of Finance is responsible for financial monitoring and preparing work plans by monitoring implementation and coordination with the financial management team.

6. Financial Plan (million Riels)