The Budget and Management Committee (BMC) advises the Senior Officials' Meeting (SOM) on budgetary, administrative and managerial issues. Its key responsibility is to prepare the budget for APEC and approve and recommend APEC funding for projects.
The BMC also monitors and evaluates APEC's project management systems. It takes decisions and makes recommendations to senior officials to improve project efficiency and effectiveness. It also works closely with APEC's other committees to ensure projects remain relevant to APEC's core goals and objectives.
To find out more about APEC projects, please click here.
Last page update: October 2026
Contacts
|
Jung Oh PARK (Mr) BMC Chair 2026
Deputy Director General |
TANG Kuancheng (Mr) Deputy Director of the APEC Division
Department of International Economic Affairs |
Celine KWOK (Ms) Program Director |
Current Activities
- In 2026, the BMC conducted its first meeting of on 9 February in Guangzhou, China and its second meeting on 26 August in Dalian, China. Discussion items covered reports on budget management and project funding that were noted by BMC, updates on governance, resources and staffing provided by the APEC Secretariat, as well as extensive issues such as long term financial sustainability of the Secretariat and streamlining processes for APEC-funded projects.
- Next meeting of the BMC should take place in the margins of the First Senior Officials’ Meeting to be scheduled in early 2027 by the incoming APEC host economy, Viet Nam.