Services for improvement of national budgeting system are required in Montenegro.
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Within the context of the Instrument for Pre-Accession Assistance (IPA II), EuropeAid published a service contract notice for improvement of budgeting system and public internal financial control system in Montenegro. The overall objective of the project is to contribute to increased fiscal sustainability and sound management of public finances in line with EU requirements.
The specific objectives of the contract are:
- the full implementation of a medium-term budget framework;
- the full development and implementation of a programme budgeting-based system;
- the improvement of public internal financial control system.
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The contract will include complementary activities to support the transition to accrual accounting, to improve the quality of budget documents and for the establishment of a system of prevention and recovery from potential threats to business continuity.