Budget preparation live operation started in January 2016; budget execution will start from july 2016 and rollout of accounting module will be completed in 2016-17 based on the existing classification;
- New Classification will be the basis for budget preparation, exectution and accounting for fiscal year 2017-18
- Full Commitment control and asset management by 2019-20
key improvements from iBAS
- iBAS++ is a distributed system running with the WAN of Finance Division, Whereas iBAS++ is a centralised and internet based system;
- Ibas is a transaction capturing system without a General Ledger, as a result lacks essential budgetary and accounting controls. On the other hand, iBAS++ is a General Ledger based system with budgetary and accounting control porvisitions;
- iBAS does not have provision for budget Distribution, fund Release and re Appropriation, which ibas++ provides.
contact:
Public Expenditure management Strenthening program Fianance Division, Ministry Finance
UCEP Cheyne Tower (2nd Floor)
25, Segunbagicha, Dhaka-1000
Source: Download