Fiscal Year 2026
Capacity Development Activities
Public Financial Management
PFM Law (May-June)
Since November 2024, METAC is providing ongoing support to Sudan for the development of an integrated PFM law, which the authorities consider to be a prerequisite for the implementation of in-depth PFM reforms. In May and June, METAC suggested the addition of a chapter fully dedicated to financial management to streamline and strengthen the structure of the proposed law. METAC also provided comments on treasury, accounting, and audit chapters to strengthen their content and consistency. METAC organized weekly discussions with the authorities to make drafting recommendations on budget preparation with a focus on reform-oriented articles, including top-down budgeting, strategic budgeting (concepts, tools etc.), organization of the budget process and its calendar, budgeting for fiscal risks, and budget documentation.
Development of a PFM Law
METAC continued the provision of remote technical assistance during July to October to the Ministry of Finance and Economic Planning (MoFEP) of Sudan for the development of a modern PFM law that will serve as long-term foundation for the PFM reforms. The authorities strengthened the sections related to the oversight of public bodies and SOEs, financial management, fiscal federalism, transitional arrangements and violations and penalties. The proposed law introduces fiscal responsibility principles, reforms budget planning and management, institutionalizes modern cash management and the Treasury Single Account, and requires the adoption of international public sector accounting standards. It also enables digitalization of PFM processes and establishes MoFEP’s oversight and control over all public resources. METAC discussed with the authorities including State Minister of Finance the next steps including support for the development of the PFM law regulations.
