The Integrated Financial Management Information System (IFMIS) is an integrated Public Financial Management system being implemented by Federal Government of Ethiopia (FGE) through the Ministry of Finance and Economic cooperation to improve Public Financial Management System and Property Administration; enhance greater accountability, timely financial and property information and transparency across Federal Ministries, Agencies, Regions, City administration, Zones and Woredas. It is an initiative of Expenditure Management Control Program (EMCP) of Public Financial Management reforms It is also believed to increase efficiency and reduce back-office costs with standardized processes for shared services. It will also allow the government to manage its finance from a single and integrated system The IFMIS solution is the latest version of the ORACLE E-Business Suite (EBS) comprising the following nine modules: Public sector budgeting (PSB), Cash Management (CM), Account Receivables(AR), Account Payables(AP), General Ledger (GL), Purchasing , Inventory, Fixed Asset and Payroll
WHAT HAS BEEN ACHIEVED SO FAR?
CURRENT AND ONGOING EVENTS