Hello, dear participant!

Welcome to our training workshop on drawing up and updating commitment plans!

In this sequence 20, we will analyze “The Frequency of Updating Commitment Plans.”

Updates are performed in the last month of each quarter, with the exception of the fourth quarter. These are the months of March, June, and September of year N+1. There is no update in December, given that January marks the beginning of a new budget cycle.

Choosing a quarterly review is recommended for at least three reasons:

1. – The procedure for drawing up and updating commitment plans is much more complex due to the number of stakeholders involved, particularly sectoral ministries and the central coordination body (MINFI). As such, the timeframes for soliciting effective input from all these stakeholders could extend beyond the monthly frequency.
2. – The period between liquidation and settlement by payment is set at ninety (90) days; during this period, the cash position plan may undergo two or three adjustments.
3. – Adjusting the commitment plan frequently could disrupt the implementation of activities within government departments, with a negative impact on the quality of spending and performance.

From this sequence, you should remember that commitment plans are updated three times a year: in March, June, and September.