Strengthening the medium term budgeting for effective public financial management
Twinning Project MK11 IB FI 01
“Strengthening the medium term budgeting for effective public financial management"
Project name: "Strengthening the medium term budgeting for effective public financial management"
Main Beneficiary: Ministry of Finance, Budget and Funds Department
Implemented by: HAUS Finnish Institute for Public Management
Period of implementation: 01 December 2015 – 20 November 2017
Budget: 1.100.000,00 EUR
The project is financed by the European Union, National IPA Programme TAIB 20111
Twinning project “Strengthening the medium term budgeting for effective public financial management" overall objective is to ensure and maintain sustainable and sound public finances by improving public finance management. The project purpose is to improve the effectiveness of medium-term budget planning, programme budgeting and budget classification, and fiscal reporting. This will contribute to formulating sustainable medium term fiscal planning and strengthening fiscal discipline and credibility.
- Component 1: Further improvement of programme budgeting - This component is expected to result with improved programme classification and developed procedure for defining, monitoring and reporting of programme indicators identified in the programme classification.
- Component 2: Improved medium term budgeting - This will result with improved capacity of the Budget and Funds Department within Ministry of Finance and pilot budget users for medium-term budget planning.
- Component 3: Improved fiscal reporting - This component will result in developed capacity of the Ministry of Finance for fiscal reporting in accordance with EU standards and requirements in the area of public finance.
Experts from Finland, Slovenia, Austria and the Netherlands will cooperate with experts from the Ministry of Finance in numerous activities planned for the time framework of the project. In addition to Budget and Funds Department, there will also be cooperation with Treasury Department, Tax and Customs Policy Department, Macroeconomic Department and Department for International Financial Relations and Public Dept Management, and as well Public Revenue Office and State Statistical Office.
For additional information:
Resident Twinning Adviser
Ms Jonna Berghäll
RTA counterpart from BFD
Mr Martin Noveski
Ms. Katerina Dimovska