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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: March 2024


Contacts

Matt MURRAY (Mr)
BMC Chair 2024
Ambassador
Bureau of East Asian and Pacific Affairs
U.S. Department of State
Victor Antonio MUNOZ TUESTA (Mr)
BMC Vice Chair 2024
Peru APEC Alternate Senior Official
APEC Directorate
Ministry of Foreign Affairs of Peru
Joanna TSUI (Ms)
Program Director

Current Activities

 

  • The BMC had its first meeting on 4 March 2024 in Lima, Peru. The BMC endorsed its 2024 Work Plan at the meeting. BMC will continue to progress its substantial work programon the APEC funding position, the budgetary and related processes of the Secretariat and project management. In addition, BMC will provide inputs into the implementation plan of the APEC Putrajaya Vision 2040, where necessary; and provide inputs into the implementation of the Bangkok Goals on Bio-Circular-Green (BCG) Economy, where appropriate.
  • The BMC is also overseeing the implementation of the Secretariat’s Process Modernization Initiative including the development and implementation of the APEC Project Administration System (APAS) to support automation of APEC project processes; and the implementation of the APEC Knowledge Management System (KMS).