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 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.
Last page update: January 2021
The BMC has approved Edition 15 of the Guidebook on APEC Projects and is reviewing the recommendations in response to the 2019 Longer-Term Evaluation of APEC Projects. The BMC is also overseeing the planning and implementation of the Secretariat’s Process Modernisation Initiative as well as its Human Resources Review.
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In response to COVID-19, the Project Management Unit (PMU) is working closely with Project Overseers (POs) in APEC economies to ensure that all proposed projects support regional recovery by addressing impacts of the pandemic. PMU is also assisting POs to convert projects scheduled for 2020 and 2021 into virtual or hybrid events – necessary due to ongoing travel restrictions in APEC economies. This ensures that APEC economies can continue to deliver quality projects, despite the challenging environment.
In 2019, BMC approved funding for 116 projects that were submitted by APEC member economies, at a total value of US$13.1 million.
Mr Kalithasan Kaliappan
Director of Finance
Ministry of International Trade and Industry (MITI) of Malaysia
Mrs Tamsin Royson
APEC Policy Division
New Zealand Ministry of Foreign Affairs and Trade
Ms Joanna TSUI