THE National Government has launched a P495-million contract for the Budget and Treasury Management System (BTMS) project, a joint venture with Free Balance Canada and Innove Communications, a subsidiary of Globe Telecom Inc.
The project–which will be implemented for 27 months–will develop, operate and maintain a new IT system that would link the public financial management (PFM) processes of the Department of Budget and Management (DBM) and the Bureau of Treasury (BTr), two of the key oversight agencies of the government. The system will go live in 2017.
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