Romania: Fiscal Transparency Evaluation

March 11, 2015

Preview Citation

Format: Chicago

Romania: Fiscal Transparency Evaluation, (USA: International Monetary Fund, 2015) accessed November 21, 2024

Summary

The paper discusses recommendations made in a fiscal transparency evaluation report for Romania. Seven recommendations are made to improve the level of information available to decision makers and the public. The report recommends reducing fragmentation of existing fiscal reporting and expanding the institutional coverage to include the wider public sector. It also recommends improving the timeliness, quality, and integrity of fiscal reports and financial statements through publishing reconciliations between cash and accrual based reports and enforcing strict timelines for publication of financial statements.

Subject: Budget planning and preparation, Expenditure, Fiscal reporting, Fiscal risks, Macroeconomic and fiscal forecasts, Public financial management (PFM)

Keywords: Accounts payable, Africa, Budget planning and preparation, Budget submission, CR, Europe, Execution report, FAD staff, Finance statistics, Fiscal reporting, Fiscal risks, Global, Government assets, Government finance statistics manual, Government ordinance, IMF resident representative, ISCR, Local government, Macroeconomic and fiscal forecasts, Mission from the Fiscal Affairs Department, Staff team of the International Monetary Fund, Summary evaluation

Publication Details

Pages:

73
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2015/067
Stock No:

1ROUEA2015001
ISBN:

9781498369169
ISSN:

1934-7685

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