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 approve and recommend APEC funding for projects.

The BMC also monitors and evaluates APEC's project management systems. It takes decisions and makes recommendations to Senior Officials to improve project efficiency and effectiveness. It also works closely with APEC's other Committees to ensure projects remain relevant to APEC's core goals and objectives.

To find out more about APEC projects, please click here.

BMC is now overseeing and evaluating the implementation of the 2017 streamlined project selection process and the incorporation of the APEC Capacity Building Policy into the project governance.