Enhancing Budget Transparency in Romania
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Learn about Romania's budget transparency efforts in the Open Budget Survey 2015. Explore key documents and actions to improve participation and oversight. Find resources for more information.
Enhancing Budget Transparency in Romania
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Open Budget Survey Romania Virginia Comsa Deputy director general
OPEN BUDGET SURVEY 2015 - ROMANIA Romania - Ministry of Public Finance
CHANGE IN TRANSPARENCY OVER TIME Romania - Ministry of Public Finance
PUBLIC AVAILABILITY OF BUDGET DOCUMENTS Romania - Ministry of Public Finance
Public Documents Romania - Ministry of Public Finance
IMPROVING TRANSPARENCY Romania should prioritize the following actions to improve budget transparency: • Produce and publish a Citizens Budget. • Increase the comprehensiveness of the Executive’s Budget Proposal by presenting more information on contingent liabilities and on future liabilities. • Increase the comprehensiveness of the Year-End Report by presenting more information on planned versus actual performance. Romania - Ministry of Public Finance
IMPROVING PARTICIPATION Romania should prioritize the following actions to improve budget participation: • Ensure the public is informed of the purpose of public budget engagements and provided with sufficient information to participate effectively. • Hold legislative hearings on the state of the economy that are attended by the executive and open to the public. • Establish formal mechanisms for the public to participate in audit investigations. Romania - Ministry of Public Finance
IMPROVING OVERSIGHT Romania should prioritize the following actions to strengthen budget oversight: • Ensure the Executive’s Budget Proposal is provided to legislators at least three months before the start of the budget year. • Ensure the executive receives prior approval by the legislature before implementing a supplemental budget. Romania - Ministry of Public Finance
Stages of Budget Process Key Budget Documents: 1. Audit Reports 2. Legislative Audit Committees reports Key Budget Documents: 1. Budget framework 2. Executive Budget Proposal 3. Supporting Reports Key Budget Documents: 1. In-year Reports 2. Mid-year Reports 3. Supplementary budgets Key Budget Documents: 1. Budget law 2. Reports of legislative budget committees Romania - Ministry of Public Finance
Resources • http://www.fiscaltransparency.net/resources-all/ • http://survey.internationalbudget.org/#home • http://www.internationalbudget.org/opening-budgets/open-budget-initiative/open-budget-survey/ • https://drive.google.com/folderview?pli=1&id=0ByA9wmvBrAnZYUlwdUM2alVlR2M&ddrp=1&tid=0ByA9wmvBrAnZN3ZrdzNzcS1JZzg • http://www.worldbank.org/en/country/romania • http://www.pempal.org/about/about-pempal Romania - Ministry of Public Finance