APEC Officials LoginAPEC Groups
 |
||
|
|
||
|
|
||
|
|
||
|
|
||
|
Budget and Management Committee |
The Budget and Management Committee (BMC) advises the Senior Officials' Meeting (SOM) on budgetary, administrative and managerial issues. Its key responsibility is to prepare the budget for APEC and recommend the approval of projects. The BMC also monitors and evaluates project management aspects of the operations of Committees and Working Groups and makes recommendations to Senior Official Meetings (SOM) for improved efficiency and effectiveness. The BMC meets twice a year, usually at the end of March and September/October.
PROJECTS
Operational Account
Projects in support of APEC's Economic and Technical Cooperation (ECOTECH) agenda are funded by the Operational Account, which is formed from a portion of members' annual contributions to APEC. In recent years, the Account has funded projects with an annual commitment of US$2.2 million.
Trade and Investment Liberalisation and Facilitation Special Account
Cooperative projects in support of trade and investment liberalisation and facilitation (TILF) which aim to assist APEC Member Economies to meet the free trade and investment goals, are funded by the TILF Special Account.
In 1995 at the APEC Economic Leaders' Meeting, Japan expressed its intent to contribute up to 10 billion yen over several years to the APEC Central Fund to fund projects which expand cooperative programs, encouraging trade and investment liberalisation and facilitation. Japan also expressed its view that other APEC Member Economies should actively engage in cooperation in the future. The TILF Special Account has been established to accommodate such contributions. In recent years, the Account has funded projects with an annual commitment of around US$4.5 million.
APEC Support Fund
In 2005 members approved the establishment of the APEC Support Fund (ASF) to provide further assistance to capacity building programs for developing economies. The fund was established with an initial A$1 million donation from Australia in 2005. Since then donations have been promised and received from other economies. The ASF can receive donations from member economies and other organizations for both general capacity building projects and for capacity building projects in specific areas. Currently, specified sub-funds relating to human security and avian flu have been set up.
Latest Developments
Guidebook on APEC Projects
The Guidebook on APEC Projects provides direction on managing APEC projects, including application, implementation, reporting and evaluation. In November 2005, the 6th edition of the Guidebook on APEC Projects was released, following a major review. The Guidebook is kept under review and minor amendments were made to it following the March 2007 BMC meeting.
Budget and Management Committee (BMC) - Key Contacts
Chair
Ms Tran Thi Thu Huang
Deputy Director General
Multilateral Trade Policy Department, Ministry of Trade
31 Trang Tien Street, Hanoi, Viet Nam
Tel: (84-4) 825 6776
Fax (84-4) 826 4696
Email apec@mot.gov.vn or tranthuhang@mot.gov.vn
APEC Secretariat
Ms Winsome Au
Director (Finance)
Email: wa@apec.org
Project Evaluation Coordinator
Ms Hiroko Taniguchi
Director (Program)
E-mail: ht@apec.org
Mr Derek Taylor
Director (Program)
E-mail: dt@apec.org