BUDGETARY SYSTEM REFORM IN MOND
BUDGETARY SYSTEM REFORM IN MOND

Summary/Abstract: The Romanian Finance Ministry is currently implementing the project "Increasing the Accountability by upgrading computer system for reporting financial statements of public institutions (FOREXEBUG)", which has the objective of increasing the efficiency of central government and local administrative transparency, by providing the public institutions of modern instruments standardized, for reporting and disclosure of financial statements for details on the use of public funds in accordance with budgetary classification.This instrument will allow automatic generation of summary reports (standard and ad-hoc) based on the data collected via electronic reporting of financial statements and will lead to improved budget management by reducing reporting burdens related activities and creating the possibility reallocation of time for analysis and decision activities in the area.

• Details
• Contents