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Objective of FMIS

The overriding objective of the FMIS implementation is to support and underpin the general PFM reform activities in all stages by improving accountability, effectiveness, efficiency, and modernization of the public financial management system in Cambodia. This will provide timely and comprehensive information on budget revenue and expenditure as well as in the longer term the FMIS will provide automated support (turn-key solution) to budget planning and formulation and budget execution processes, with stronger system reinforced controls. There may be a future second stage where further functionality will be added to FMIS and the system rolled out to all line agencies and possibly sub-National Governments.