Former Yugoslav Republic of Macedonia: Fiscal Transparency Evaluation

October 29, 2018

Preview Citation

Format: Chicago

Former Yugoslav Republic of Macedonia: Fiscal Transparency Evaluation, (USA: International Monetary Fund, 2018) accessed December 21, 2024

Summary

This report assesses the state of fiscal transparency practices in the Former Yugoslav Republic of Macedonia against the IMF’s Fiscal Transparency Code. The report finds that Macedonia meets the standard of good or advanced practice on 13 of the 36 principles, and the basic standard on a further 12 principles. Moreover, in 5 of the areas where Macedonia’s transparency practices do not currently meet basic practice, this could be addressed by publishing data that are already collected for internal management purposes. It is recommended to expand the institutional coverage of fiscal and statistical reports, to include the activities of all institutional units that would be classified as part of the general government under international statistical standards.

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

Keywords: Accounts payable, Annual budget, Budget planning and preparation, Central government, CR, Debt management, Europe, Expenditure plan, Fiscal reporting, Fiscal risks, Foreign currency, Global, ISCR, Natural resource, Real GDP, Spending outturn

Publication Details

Pages:

67
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2018/299
Stock No:

1MKDEA2018001
ISBN:

9781484381984
ISSN:

1934-7685

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