ESCWA Publication: E/ESCWA/CL3.SEP/2025/TP.4
Country: Arab region
Publication Type: Information material
Cluster: Shared Economic Prosperity
Focus Area: Financing for development, Technology & innovation
Initiatives: Artificial Intelligence-Powered Budgeting
SDGs: Goal 8: Decent Work and Economic Growth, Goal 9: Industry, Innovation and Infrastructure, Goal 17: Partnerships for the Goals
Keywords: Arab countries, Artificial intelligence, Budgeting, Computer software, Financial management, Government spending policy, National budgets, Public expenditures, Sustainable development
Integrated Budget Intelligence Toolkit: An artificial intelligence and machine learning application
June 2025
The Integrated Budget Intelligence Toolkit (iBIT) is a groundbreaking, machine learning-powered solution engineered to transform public financial management. It specifically targets enhancing public spending efficiency, procurement practices, and State-owned enterprise operations to maximize national sustainable development outcomes. By integrating Sustainable Development Goal (SDG) pathway multipliers from planning to oversight, iBIT streamlines budget alignment with national development goals and enables the simulation of optimal scenarios.
This innovative toolkit uniquely empowers policymakers to maximize the impact of public spending on the SDGs and effectively monitor implementation. Fully aligned with the United Nations 2.0 agenda, iBIT provides governments with vital strategic foresight, allowing them to unlock fiscal space, monitor budget execution, and ensure expenditures achieve intended outcomes for sustainable national development.
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Financing for development, Technology & innovation
The Integrated Budget Intelligence Toolkit (iBIT) is a groundbreaking, machine learning-powered solution engineered to transform public financial management. It specifically targets enhancing public spending efficiency, procurement practices, and State-owned enterprise operations to maximize national sustainable development outcomes. By integrating Sustainable Development Goal (SDG) pathway multipliers from planning to oversight, iBIT streamlines budget alignment with national development goals and enables the simulation of optimal scenarios.
This innovative toolkit uniquely empowers policymakers to maximize the impact of public spending on the SDGs and effectively monitor implementation. Fully aligned with the United Nations 2.0 agenda, iBIT provides governments with vital strategic foresight, allowing them to unlock fiscal space, monitor budget execution, and ensure expenditures achieve intended outcomes for sustainable national development.