The MIC will be promoting financial informatization in order to enhance efficiency, transparency, and accountability of financial activities, and will be establishing a scientific financial management and operation system. By the end of 1999, a financial information system will be built to manage the nation's financial affairs, such as the administration of annual revenues and expenditures of government-owned properties. Planning budgets according to performance and managing the execution of these expenditures will form the basis of the budget information system which will be established by the end of 2001. In line with this approach, a comprehensive audit system at the Board of Audit and Inspection (BAI) will be set up by 2001. This comprehensive audit system will be linked with the financial information system.