The document discusses budgeting practices in Slovenia. It provides an overview of the Ministry of Finance and Budget Directorate, which is responsible for budget preparation and coordination. It outlines major public finance reforms that have been implemented, including new budget classifications and procedures. These reforms aimed to increase transparency and implement results-oriented budgeting. The document also describes Slovenia's budget system in terms of legislation, classifications, and structure. Key parts of the budget include the general part, special part, and development programs plan.
This presentation was made by Elena PECHAN, Ministry of Finance, Belarus, at the 15th Annual Meeting of OECD-CESEE Senior Budget Officials held in Minsk, Belarus, on 4-5 July 2019
2. Number, street, and room, suite number or PO box
Huettenstrasse 3
Common Consolidated Corporate Tax Base (CCCTB) HDB AG DATA BASE
Empirical Foundations of Information and Software Science III
The Harmonised Database is the world's largest goods and services database and is embedded in all EUIPO online filings and in classification tools such as TMClass or Similarity. The HDB contains terms that are agreed by all the regional and national IP offices of the EU together with EUIPO.
3. City or town
Duesseldorf
4. State/Province/Region
North Rhine - Westphalia
5. Country (including postal code)
Germany 40215
6. GIIN
G11998.GRPCH.SL.276
7. TIN
GR094504379
8. Filer contact (name)
Evangelos Goutos
9. Filer contact (title)
Mister
10. Filer contact (phone number)
+49 15222811272
The document is an independent auditor's report for The First Children's Embassy in the World Megjashi for the 2014 fiscal year. It includes the auditor's opinion that the financial statements fairly represent the organization's financial position and performance for the year. The auditor conducted the audit in accordance with international standards and found no material misstatements in the financial statements. The report also states that the historical financial information in the annual report is consistent with the audited financial statements.
Independent Auditors’ Report for 2016 to the First Children's Embassy in the ...Детска Амбасада Меѓаши
The document is an independent auditor's report for the financial statements of the First Children's Embassy in the World Megjashi for the year ending December 31, 2016. It includes the auditor's opinion that the financial statements fairly represent the organization's financial position and results. It also states that the annual report is consistent with the financial statements. In addition, the auditor's responsibilities are to express an opinion on whether the financial statements are free of material misstatement and comply with relevant standards and laws.
Evolving of PFM for economic policy - game of tools and rules (focus on Slove...OECD Governance
This presentation was made by Irena Rostan, Slovenia, at the 12th Annual Meeting of OECD-CESEE Senior Budget Officials held in Ljubljana, Slovenia, on 28-29 June 2016
OECD, 10th Meeting of CESEE Senior Budget Officials - Bojan Paunovic, MontenegroOECD Governance
The document summarizes PFM reforms in Montenegro. It discusses how Montenegro implemented reforms following a 2008 PEFA assessment, including establishing a Supreme Audit Institution, developing public procurement systems, and introducing program budgeting. A new budget code was adopted in 2014 that introduced fiscal rules targeting surpluses, deficits below 3% of GDP, and debt below 60% of GDP. Future focus areas include further developing medium-term budget frameworks, implementing program and performance budgeting, regulating the public sector wage bill, and continuing fiscal consolidation efforts to reach a balanced budget.
The French LoLF - Guy Cazenave-Lacroutz, FranceOECD Governance
This presentation was made by Guy Cazenave-Lacroutz, Ministère des Forces armées et des Anciens combattants, France, at the 12th Annual Meeting on Performance and Results held at the OECD on 24-25 November 2016
This presentation was made by Elena PECHAN, Ministry of Finance, Belarus, at the 15th Annual Meeting of OECD-CESEE Senior Budget Officials held in Minsk, Belarus, on 4-5 July 2019
2. Number, street, and room, suite number or PO box
Huettenstrasse 3
Common Consolidated Corporate Tax Base (CCCTB) HDB AG DATA BASE
Empirical Foundations of Information and Software Science III
The Harmonised Database is the world's largest goods and services database and is embedded in all EUIPO online filings and in classification tools such as TMClass or Similarity. The HDB contains terms that are agreed by all the regional and national IP offices of the EU together with EUIPO.
3. City or town
Duesseldorf
4. State/Province/Region
North Rhine - Westphalia
5. Country (including postal code)
Germany 40215
6. GIIN
G11998.GRPCH.SL.276
7. TIN
GR094504379
8. Filer contact (name)
Evangelos Goutos
9. Filer contact (title)
Mister
10. Filer contact (phone number)
+49 15222811272
The document is an independent auditor's report for The First Children's Embassy in the World Megjashi for the 2014 fiscal year. It includes the auditor's opinion that the financial statements fairly represent the organization's financial position and performance for the year. The auditor conducted the audit in accordance with international standards and found no material misstatements in the financial statements. The report also states that the historical financial information in the annual report is consistent with the audited financial statements.
Independent Auditors’ Report for 2016 to the First Children's Embassy in the ...Детска Амбасада Меѓаши
The document is an independent auditor's report for the financial statements of the First Children's Embassy in the World Megjashi for the year ending December 31, 2016. It includes the auditor's opinion that the financial statements fairly represent the organization's financial position and results. It also states that the annual report is consistent with the financial statements. In addition, the auditor's responsibilities are to express an opinion on whether the financial statements are free of material misstatement and comply with relevant standards and laws.
Evolving of PFM for economic policy - game of tools and rules (focus on Slove...OECD Governance
This presentation was made by Irena Rostan, Slovenia, at the 12th Annual Meeting of OECD-CESEE Senior Budget Officials held in Ljubljana, Slovenia, on 28-29 June 2016
OECD, 10th Meeting of CESEE Senior Budget Officials - Bojan Paunovic, MontenegroOECD Governance
The document summarizes PFM reforms in Montenegro. It discusses how Montenegro implemented reforms following a 2008 PEFA assessment, including establishing a Supreme Audit Institution, developing public procurement systems, and introducing program budgeting. A new budget code was adopted in 2014 that introduced fiscal rules targeting surpluses, deficits below 3% of GDP, and debt below 60% of GDP. Future focus areas include further developing medium-term budget frameworks, implementing program and performance budgeting, regulating the public sector wage bill, and continuing fiscal consolidation efforts to reach a balanced budget.
The French LoLF - Guy Cazenave-Lacroutz, FranceOECD Governance
This presentation was made by Guy Cazenave-Lacroutz, Ministère des Forces armées et des Anciens combattants, France, at the 12th Annual Meeting on Performance and Results held at the OECD on 24-25 November 2016
International financial support and reforms in UkraineVictor Maziarchuk
Презентація про міжнародну фінансову підтримку Україні, яку надає МВФ та ЄС для проведення економічних реформ.
Презентація представлена представникам французького бізнесу та членам ЄК в Брюселі - 2014-09-18.
The IMF approved an 18-month Stand-By Arrangement (SBA) for Ukraine, providing access of about US$5 billion. The SBA aims to help Ukraine address large financing needs stemming from the COVID-19 pandemic, which has significantly worsened Ukraine's economic outlook. Key objectives of the program include mitigating the economic impact of the crisis, ensuring monetary and exchange rate stability, safeguarding financial stability, and advancing governance reforms. The approval enables the immediate disbursement of US$2.1 billion, with the remainder phased over subsequent reviews contingent on implementation of policies focused on fiscal sustainability, central bank independence, and anti-corruption measures. However, risks to the program are large given uncertainty
Imf letter of intent, memorandum of economic and financial policies, and t...Andrew Gelston
The document summarizes Ukraine's request to the IMF for completion of the first review of its economic program supported by a Stand-By Arrangement and approval of a disbursement of funds. Ukraine outlines challenges to meeting initial economic targets due to conflict in the east and a gas dispute, but states it has implemented structural reforms and met most performance criteria. It requests waivers for missed targets and approval to rephase disbursements to support economic stabilization while avoiding undue strain, with a commitment to continued reforms.
Tunisia: Letter of Intent, Memorandum of Economic and Financial Policies, and...Afif Bejaoui
The following item is a Letter of Intent of the government of Tunisia, which
describes the policies that Tunisia intends to implement in the context of its
request for financial support from the IMF. The document, which is the
property of Tunisia, is being made available on the IMF website by agreement
with the member as a service to users of the IMF website
This document provides an overview of Ukraine's financing needs and sources from 2015 to 2018 according to the IMF. Ukraine faces a total financing gap of $40 billion and requires $15.3 billion from debt operations with public sector debt holders. The debt operations aim to generate savings on external debt payments, bring public debt below 71% of GDP by 2020, and keep gross financing needs at an average of 10% of GDP from 2019 to 2025. The perimeter of the debt operations includes various sovereign bonds and state-owned entity debts. An ad hoc creditor committee has been formed and negotiations will take place in April and May to restructure the debts in line with IMF targets.
PFM reform - putting the theory into practice -- Ivana Jakir-Bajo, CroatiaOECD Governance
This presentation was made by Ivana Jakir-Bajo, Croatia, at the 12th Annual Meeting of OECD-CESEE Senior Budget Officials held in Ljubljana, Slovenia, on 28-29 June 2016
The financial crisis of 2007-2009 led to a renewed increase in government deficits and debts in many EU countries, causing a full-fledged fiscal crisis in Greece and severe fiscal pressures in other euro-area countries. This has prompted a series of proposals for improving the fiscal framework of the European Monetary Union, the Excessive Deficit Procedure and the Stability and Growth Pact. The first part of this paper reviews the main properties and developments of that framework until 2007. On that basis, it discusses the recent proposals for reform, which range from marginal improvements of the existing framework to the introduction of an explicit framework for managing fiscal crises in the member states, and the expansion of the scope of policy coordination to address macro economic imbalances and the competitiveness of the member states. We find the proposal of a mechanism for dealing with government default most useful. Attempts to suppress current account imbalances and to target national competitiveness positions would most likely result in serious economic losses and do damage to the internal market of the EU. This would increase the wedge between members and non-members of the euro area.
Authored by: Jurgen von Hagen
Published in 2010
Priority areas for cooperation in state regional policy
implementation between Minregion and development
partners, programs and projects. Common results framework
The IMF document discusses Ukraine's request for completion of its first review under its Stand-By Arrangement with the IMF. Key points:
- The Ukrainian economy has deteriorated significantly since the program began due to intensification of conflict in eastern Ukraine and a gas dispute with Russia. This has impacted confidence, economic activity, public finances, and the banking sector.
- While Ukraine has broadly implemented agreed policies, targets set in the initial program are now difficult to meet due to the worsening economic situation. Some performance criteria were missed in July.
- The review focused on compensatory measures to meet program objectives while allowing temporary deviations from initial targets. Additional fiscal measures, central bank interventions, and improved gas collections were
Presentation by Tony Murphy, European Court of Auditors, at the SIGMA conference of the network of Supreme Audit Institutions of EU Candidate and Potential Candidate countries and the European Court of Auditors. This conference was hosted by the Turkish Court of Accounts, it took place in Ankara on 8-9 November 2016.
This document provides an interim review of Greece's economic adjustment programme. It finds that while fiscal consolidation is broadly on track, inflation is higher than projected. Economic activity contracted by 2.5% in the first quarter, in line with projections. Unemployment rose to a 10-year high of 12%. Progress has been made on fiscal reforms and preparing a pension reform, but further work is needed on expenditure controls. Banking stability has been affected by debt downgrades, and the government may provide more loan guarantees. Overall implementation of the economic programme is positive but some areas need more progress.
Budget Preparation and Monitoring Information Systemicgfmconference
The delegation from the Republic of Serbia will provide an overview of the changes that are being introduced in the budgeting process in the Republic of Serbia, specifically the major shift from a line budget to program budgeting. Presenters include:
Mr. Ivan Maričić, Treasurer, Republic of Serbia
Mr. Milorad Ivšan, Senior Advisor, Division Head, Republic of Serbia
Ms. Danka Božić, Junior Advisor in the Public Debt Management Department, Republic of Serbia
The IMF approved a 14-month Stand-By Arrangement (SBA) for Ukraine totaling $3.9 billion to help meet Ukraine's balance of payments needs and succeed the previous Extended Fund Facility arrangement. The SBA will aim to preserve recent economic gains and maintain reserves during an unsettled external environment. Key policies under the program include continuing fiscal consolidation, reducing inflation while maintaining a flexible exchange rate, strengthening the banking system and asset recovery, and advancing structural reforms in tax administration and governance. However, risks to the program are high due to the conflict in eastern Ukraine, external pressures, and potential populist policies or reversals ahead of 2019 elections. Strong frontloaded actions and external financing help mitigate risks, but steadfast
This presentation was made by Ida Hohnjec, Croatia, at the 3rd Health Systems Joint Network meeting for Central, Eastern and South-eastern European Countries held in Vilnius, Lithuania, on 25-26 April 2019
The document summarizes key aspects of the Hellenic Parliament's Parliamentary Budget Office (PBO). It outlines the PBO's legal framework, mission to monitor Greece's state budget and provide assistance to parliamentary committees. It describes the PBO's administration and functioning. The majority of the document discusses the PBO's quarterly reports, including their structure, methodology, sources, special topics covered, and some of the findings presented in past reports from 2013 to 2015 regarding Greece's economic challenges in meeting fiscal targets and implementing reforms.
The US federal budget-making process has three main stages: 1) budget formulation where agencies make spending plans and the Office of Management and Budget reviews them and makes recommendations to the President; 2) budget presentation to Congress where the President's budget is presented and Congress holds appropriations hearings and passes a budget resolution; 3) budget execution where government agencies and oversight bodies monitor spending to ensure it aligns with what was approved.
Gloucester county va adopted fy16 budget capital budgetKenneth Hogge Sr
This document provides an overview of the adopted budget for Gloucester County, Virginia for the 2016 fiscal year. It includes an introduction to the county, its leadership and organizational structure. The budget overview includes revenues and expenditures by fund, including the general fund, school funds, social service funds, capital funds, debt fund, sanitary district funds, utilities fund, and mosquito control fund. It also includes appendices with additional financial details. The overall document is designed to inform residents, officials and other stakeholders about Gloucester County's financial plans and operations for the 2016 fiscal year.
The document provides information about the Tax Administration of Slovenia. It notes that Slovenia has a population of over 2 million people and is a member of the EU and OECD. The Tax Administration collects taxes and other government revenues, has over 2,400 employees, and is reorganizing its 15 tax offices and 41 branches in response to rationalization efforts. It summarizes Slovenia's tax system, international tax treaties, and the process for legal entities to self-report taxes.
The Commission for the Prevention of Corruption in Slovenia developed an online application called Supervizor to increase transparency of public sector finances. Supervizor provides information on money transfers between public bodies and private entities. It detects patterns of financial dependence on the government and analyzes flows to specific companies. The Commission plans to upgrade Supervizor with additional data sources to allow more advanced network analysis and detection of potential corruption.
This document presents the budget for 2013 for the State of Slovenia. It allocates over 2.7 billion euros for state budget expenditures. The largest allocation is 1.3 billion euros for pension security. Over 700 million euros is allocated for public debt service. The budget also allocates over 400 million euros in contributions to the European Union. Additionally, it allocates 185 million euros for state budget lending and repayments and 1.9 billion euros for state budget borrowing and amortization of debt.
International financial support and reforms in UkraineVictor Maziarchuk
Презентація про міжнародну фінансову підтримку Україні, яку надає МВФ та ЄС для проведення економічних реформ.
Презентація представлена представникам французького бізнесу та членам ЄК в Брюселі - 2014-09-18.
The IMF approved an 18-month Stand-By Arrangement (SBA) for Ukraine, providing access of about US$5 billion. The SBA aims to help Ukraine address large financing needs stemming from the COVID-19 pandemic, which has significantly worsened Ukraine's economic outlook. Key objectives of the program include mitigating the economic impact of the crisis, ensuring monetary and exchange rate stability, safeguarding financial stability, and advancing governance reforms. The approval enables the immediate disbursement of US$2.1 billion, with the remainder phased over subsequent reviews contingent on implementation of policies focused on fiscal sustainability, central bank independence, and anti-corruption measures. However, risks to the program are large given uncertainty
Imf letter of intent, memorandum of economic and financial policies, and t...Andrew Gelston
The document summarizes Ukraine's request to the IMF for completion of the first review of its economic program supported by a Stand-By Arrangement and approval of a disbursement of funds. Ukraine outlines challenges to meeting initial economic targets due to conflict in the east and a gas dispute, but states it has implemented structural reforms and met most performance criteria. It requests waivers for missed targets and approval to rephase disbursements to support economic stabilization while avoiding undue strain, with a commitment to continued reforms.
Tunisia: Letter of Intent, Memorandum of Economic and Financial Policies, and...Afif Bejaoui
The following item is a Letter of Intent of the government of Tunisia, which
describes the policies that Tunisia intends to implement in the context of its
request for financial support from the IMF. The document, which is the
property of Tunisia, is being made available on the IMF website by agreement
with the member as a service to users of the IMF website
This document provides an overview of Ukraine's financing needs and sources from 2015 to 2018 according to the IMF. Ukraine faces a total financing gap of $40 billion and requires $15.3 billion from debt operations with public sector debt holders. The debt operations aim to generate savings on external debt payments, bring public debt below 71% of GDP by 2020, and keep gross financing needs at an average of 10% of GDP from 2019 to 2025. The perimeter of the debt operations includes various sovereign bonds and state-owned entity debts. An ad hoc creditor committee has been formed and negotiations will take place in April and May to restructure the debts in line with IMF targets.
PFM reform - putting the theory into practice -- Ivana Jakir-Bajo, CroatiaOECD Governance
This presentation was made by Ivana Jakir-Bajo, Croatia, at the 12th Annual Meeting of OECD-CESEE Senior Budget Officials held in Ljubljana, Slovenia, on 28-29 June 2016
The financial crisis of 2007-2009 led to a renewed increase in government deficits and debts in many EU countries, causing a full-fledged fiscal crisis in Greece and severe fiscal pressures in other euro-area countries. This has prompted a series of proposals for improving the fiscal framework of the European Monetary Union, the Excessive Deficit Procedure and the Stability and Growth Pact. The first part of this paper reviews the main properties and developments of that framework until 2007. On that basis, it discusses the recent proposals for reform, which range from marginal improvements of the existing framework to the introduction of an explicit framework for managing fiscal crises in the member states, and the expansion of the scope of policy coordination to address macro economic imbalances and the competitiveness of the member states. We find the proposal of a mechanism for dealing with government default most useful. Attempts to suppress current account imbalances and to target national competitiveness positions would most likely result in serious economic losses and do damage to the internal market of the EU. This would increase the wedge between members and non-members of the euro area.
Authored by: Jurgen von Hagen
Published in 2010
Priority areas for cooperation in state regional policy
implementation between Minregion and development
partners, programs and projects. Common results framework
The IMF document discusses Ukraine's request for completion of its first review under its Stand-By Arrangement with the IMF. Key points:
- The Ukrainian economy has deteriorated significantly since the program began due to intensification of conflict in eastern Ukraine and a gas dispute with Russia. This has impacted confidence, economic activity, public finances, and the banking sector.
- While Ukraine has broadly implemented agreed policies, targets set in the initial program are now difficult to meet due to the worsening economic situation. Some performance criteria were missed in July.
- The review focused on compensatory measures to meet program objectives while allowing temporary deviations from initial targets. Additional fiscal measures, central bank interventions, and improved gas collections were
Presentation by Tony Murphy, European Court of Auditors, at the SIGMA conference of the network of Supreme Audit Institutions of EU Candidate and Potential Candidate countries and the European Court of Auditors. This conference was hosted by the Turkish Court of Accounts, it took place in Ankara on 8-9 November 2016.
This document provides an interim review of Greece's economic adjustment programme. It finds that while fiscal consolidation is broadly on track, inflation is higher than projected. Economic activity contracted by 2.5% in the first quarter, in line with projections. Unemployment rose to a 10-year high of 12%. Progress has been made on fiscal reforms and preparing a pension reform, but further work is needed on expenditure controls. Banking stability has been affected by debt downgrades, and the government may provide more loan guarantees. Overall implementation of the economic programme is positive but some areas need more progress.
Budget Preparation and Monitoring Information Systemicgfmconference
The delegation from the Republic of Serbia will provide an overview of the changes that are being introduced in the budgeting process in the Republic of Serbia, specifically the major shift from a line budget to program budgeting. Presenters include:
Mr. Ivan Maričić, Treasurer, Republic of Serbia
Mr. Milorad Ivšan, Senior Advisor, Division Head, Republic of Serbia
Ms. Danka Božić, Junior Advisor in the Public Debt Management Department, Republic of Serbia
The IMF approved a 14-month Stand-By Arrangement (SBA) for Ukraine totaling $3.9 billion to help meet Ukraine's balance of payments needs and succeed the previous Extended Fund Facility arrangement. The SBA will aim to preserve recent economic gains and maintain reserves during an unsettled external environment. Key policies under the program include continuing fiscal consolidation, reducing inflation while maintaining a flexible exchange rate, strengthening the banking system and asset recovery, and advancing structural reforms in tax administration and governance. However, risks to the program are high due to the conflict in eastern Ukraine, external pressures, and potential populist policies or reversals ahead of 2019 elections. Strong frontloaded actions and external financing help mitigate risks, but steadfast
This presentation was made by Ida Hohnjec, Croatia, at the 3rd Health Systems Joint Network meeting for Central, Eastern and South-eastern European Countries held in Vilnius, Lithuania, on 25-26 April 2019
The document summarizes key aspects of the Hellenic Parliament's Parliamentary Budget Office (PBO). It outlines the PBO's legal framework, mission to monitor Greece's state budget and provide assistance to parliamentary committees. It describes the PBO's administration and functioning. The majority of the document discusses the PBO's quarterly reports, including their structure, methodology, sources, special topics covered, and some of the findings presented in past reports from 2013 to 2015 regarding Greece's economic challenges in meeting fiscal targets and implementing reforms.
The US federal budget-making process has three main stages: 1) budget formulation where agencies make spending plans and the Office of Management and Budget reviews them and makes recommendations to the President; 2) budget presentation to Congress where the President's budget is presented and Congress holds appropriations hearings and passes a budget resolution; 3) budget execution where government agencies and oversight bodies monitor spending to ensure it aligns with what was approved.
Gloucester county va adopted fy16 budget capital budgetKenneth Hogge Sr
This document provides an overview of the adopted budget for Gloucester County, Virginia for the 2016 fiscal year. It includes an introduction to the county, its leadership and organizational structure. The budget overview includes revenues and expenditures by fund, including the general fund, school funds, social service funds, capital funds, debt fund, sanitary district funds, utilities fund, and mosquito control fund. It also includes appendices with additional financial details. The overall document is designed to inform residents, officials and other stakeholders about Gloucester County's financial plans and operations for the 2016 fiscal year.
The document provides information about the Tax Administration of Slovenia. It notes that Slovenia has a population of over 2 million people and is a member of the EU and OECD. The Tax Administration collects taxes and other government revenues, has over 2,400 employees, and is reorganizing its 15 tax offices and 41 branches in response to rationalization efforts. It summarizes Slovenia's tax system, international tax treaties, and the process for legal entities to self-report taxes.
The Commission for the Prevention of Corruption in Slovenia developed an online application called Supervizor to increase transparency of public sector finances. Supervizor provides information on money transfers between public bodies and private entities. It detects patterns of financial dependence on the government and analyzes flows to specific companies. The Commission plans to upgrade Supervizor with additional data sources to allow more advanced network analysis and detection of potential corruption.
This document presents the budget for 2013 for the State of Slovenia. It allocates over 2.7 billion euros for state budget expenditures. The largest allocation is 1.3 billion euros for pension security. Over 700 million euros is allocated for public debt service. The budget also allocates over 400 million euros in contributions to the European Union. Additionally, it allocates 185 million euros for state budget lending and repayments and 1.9 billion euros for state budget borrowing and amortization of debt.
The document outlines projects and activities by the Slovenian Ministry of Interior related to better regulation and reducing administrative burdens. It discusses Slovenia's improvement in rankings for ease of doing business according to the World Bank's Doing Business report. The Ministry's goals include simplifying the business environment and boosting the economy. Key projects mentioned are conducting regulatory impact assessments, public consultations, and reducing administrative burdens through a "minus 25%" initiative aimed at saving businesses over 360 million euros annually.
The document summarizes the activities and responsibilities of Slovenia's Ministry of the Interior in the field of public administration. The Ministry oversees human resources management in the central public administration, develops e-government services, works on eliminating administrative burdens through regulation, and oversees local self-governance, elections, integrity and prevention of corruption. It is responsible for establishing an effective, efficient and modern public administration in Slovenia.
The document summarizes Slovenia's achievements in e-government from 2000 to 2012. Some key developments include the first e-government strategy in 2001, the launch of the state portal and early e-services. Modernization of several government registers also occurred. The e-VEM and e-Social Security projects received international awards for improving service delivery. The current e-government strategy aims to increase efficiency, user uptake of services, infrastructure sharing, and support for cross-border services. The e-Social Security system launched in 2012 processes over 10,000 applications daily through automated data exchanges across 50+ data sources, saving costs compared to manual processes. Going forward, e-government needs to focus more on back-office functions and increasing
SID Bank is Slovenia's national export and development bank. It provides long-term financing and insurance to support Slovenian exports and the economy. SID Bank fills gaps in the financial market through export financing, insurance, guarantees and other services. It aims to boost the competitiveness of Slovenian companies and support jobs and sustainable development. SID Bank played a key role in Slovenia's response to the economic crisis by providing financing and insurance to over 5,900 companies. It has supported over 25 billion euros in Slovenian exports through its various services. Going forward, SID Bank will continue working to promote Slovenian trade and economic development internationally.
The document summarizes the revenues and expenditures of the 2013 state budget of Slovenia. Total revenues were EUR 8.611 billion, with tax revenues making up over 75% of the total. Expenditures totaled EUR 9.621 billion, with over half going to current transfers such as subsidies, transfers to individuals and households, and transfers to other government institutions. Capital expenditures accounted for around 6% of the total. Payments to the EU budget amounted to EUR 413 million.
The document provides an overview of the European concept of public financial management and its implementation in Slovenia. It discusses three key elements: financial management and control systems, internal auditing, and the central harmonization unit. It describes Slovenia's decentralized financial management system and internal control requirements for ministries, budget organizations, and managers. It also outlines Slovenia's internal audit system, including the role of in-house audit services. Finally, it discusses the role and activities of Slovenia's Central Harmonization Unit in developing guidelines, assessing compliance, training, and reporting on the country's public internal financial control framework.
The document discusses social and economic reforms implemented in Slovakia in the lead up to its accession to the European Union in 2004. Key reforms included fiscal reforms to increase budget transparency, banking system reforms, tax reforms to simplify the system and lower rates, decentralization of public administration, pension system reforms, and social system reforms to increase work incentives. These reforms helped modernize Slovakia's economy and public institutions to meet EU standards. However, regional disparities remain a challenge.
Croatia spending review - Ivana Jakir-Bajo, CroatiaOECD Governance
This presentation was made by Ivana Jakir-Bajo, Croatia, at the 11th Annual Meeting of Central, Eastern and South-eastern Senior Budget Officials (CESEE SBO) held in Warsaw, Poland, on 21-22 May 2015.
Progressing from budget transparency to accessibility to participation: Croat...OECD Governance
The document discusses budget transparency and citizen participation in Croatia's budget process. It covers Croatia's legal framework for transparency, participation in the Open Government Partnership, and results from the Open Budget Survey. It also describes efforts at the state level, including external experts and public discussions during lawmaking. Participation is more developed at the local level, with some cities creating online applications that educate citizens, gather input on projects, and allow simulation of budget choices.
The document discusses the independence of the Supreme Audit Office of Poland (NIK). It notes that NIK has a strong legal foundation in the Polish Constitution and acts independently from the executive. NIK has financial independence as its budget is approved by its own council, included without changes in the state budget, and can only be amended by parliament. NIK conducts audits of public bodies and funds in Poland and employs around 1,700 staff to do so.
The document summarizes key aspects of public finance management in Russia, including the budgetary process, public finance control systems, and the breakdown of Russia's 2008 federal budget. The budgetary process establishes government budgets and considers budget implementation. Public finance control promotes efficient government spending and includes oversight of tax collection and debt management. The 2008 federal budget allocated funds across sectors like oil and gas, education, and health care.
Budgeting in Kazakhstan - Vagiz KHISMATULIN, KazakhstanOECD Governance
This presentation was made by Vagiz KHISMATULIN, Ministry of National Economy of the Republic of Kazakhstan, at the 14th CESEE SBO meeting held in Zagreb, Croatia, on 24-25 May 2018.
The strategic planning system in Lithuania has developed in three phases from 1999 to the present. It is centered around strategic plans that ministries prepare which are linked to the annual budget. There is also a hierarchy of strategic documents including long, medium, and short-term plans as well as cross-cutting plans and annual government priorities. Central coordination is provided by the Office of the Government and Ministry of Finance, and monitoring and evaluation systems have been established though evaluation implementation has faced challenges due to capacity. Political support, leadership, coordination, communication, and a pragmatic approach are seen as important factors for the success of the strategic planning system.
The document outlines the budget cycle process in Tanzania, including the major phases of formulation, approval, execution, and oversight. It discusses the key stakeholders involved at both the national and local government levels. There are several laws and regulations that govern the budget process. Recent trends have opened the process to greater participation and scrutiny, though challenges remain around priorities, reallocations, and procurement.
Improving the quality and impact of annual performance reporting - Sanita Til...OECD Governance
This presentation was made by Sanita Tiltina, Ministry of Finance, Latvia, at the 14th Annual Meeting of the OECD Senior Budget Officials Performance & Results network held at the OECD Conference Centre, Paris, on 26-27 November 2018
Budget accessibility to participation in Latvia - Taisa Trubaca, LatviaOECD Governance
This presentation was made by Taisa Trubaca, Latvia, at the 11th Annual Meeting of Central, Eastern and South-eastern Senior Budget Officials (CESEE SBO) held in Warsaw, Poland, on 21-22 May 2015.
Presentation on ensuring alignment between policy planning and financial planning: experience from Slovenia, Katja Lautar, SIGMA expert, joint SIGMA-ReSPA PIFC regional conference for EU candidate countries and potential candidates, Skopje, 19 September 2019.
OECD, 10th Meeting of CESEE Senior Budget Officials - Ivana Jakir-Bajo, CroatiaOECD Governance
This presentation by Ivana Jakir-Bajo, Croatia, was made at the 10th Meeting of CESEE Senior Budget Officials held in Den Haag on 26-27 June 2014. Find more information at http://www.oecd.org/gov/budgeting/10thannualmeetingofseniorbudgetofficialsfromcentraleasternandsoutheasterneuropeanceseecountries.htm
Fscal Transparency - Richard Adorjan, Hungary (English)OECD Governance
This presentation was made by Richard ADORJAN, ministry of Finance, Hungary, at the 9th OECD MENA-SBO meeting held in Kuwait City on 12-13 October 2016
2013. gada 6. jūnijā Rīgā norisinājās Finanšu ministrijas organizēta starptautiska konference „Fiskālās politikas perspektīvas Latvijā un Eiropas Savienībā”.
Konferencē diskutēja par fiskālās politikas reformām, kas ir viens no aktuālākajiem jautājumiem Eiropas politikas darba kārtībā. Konferences dalībnieki tika iepazīstināti arī ar pašreizējām tendencēm Baltijas valstu publiskajās finansēs un turpmākā darba prioritātēm.
This document discusses Bulgaria's challenges and opportunities in joining the Eurozone. It notes that Bulgaria aims to become the 21st Eurozone member but faces political and economic obstacles. While Bulgaria has joined the Banking Union and passed legislation to adopt the Euro, its target date was pushed back from 2024 to 2025 as it did not meet inflation criteria and had legal issues to resolve. The document concludes that Bulgaria must address all obstacles to adopting the Euro in line with EU values and meet necessary convergence and legal criteria.
Economic Risk Factor Update: June 2024 [SlideShare]Commonwealth
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
Understanding how timely GST payments influence a lender's decision to approve loans, this topic explores the correlation between GST compliance and creditworthiness. It highlights how consistent GST payments can enhance a business's financial credibility, potentially leading to higher chances of loan approval.
OJP data from firms like Vicinity Jobs have emerged as a complement to traditional sources of labour demand data, such as the Job Vacancy and Wages Survey (JVWS). Ibrahim Abuallail, PhD Candidate, University of Ottawa, presented research relating to bias in OJPs and a proposed approach to effectively adjust OJP data to complement existing official data (such as from the JVWS) and improve the measurement of labour demand.
5 Tips for Creating Standard Financial ReportsEasyReports
Well-crafted financial reports serve as vital tools for decision-making and transparency within an organization. By following the undermentioned tips, you can create standardized financial reports that effectively communicate your company's financial health and performance to stakeholders.
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Discover the Future of Dogecoin with Our Comprehensive Guidance36 Crypto
Learn in-depth about Dogecoin's trajectory and stay informed with 36crypto's essential and up-to-date information about the crypto space.
Our presentation delves into Dogecoin's potential future, exploring whether it's destined to skyrocket to the moon or face a downward spiral. In addition, it highlights invaluable insights. Don't miss out on this opportunity to enhance your crypto understanding!
https://36crypto.com/the-future-of-dogecoin-how-high-can-this-cryptocurrency-reach/
[4:55 p.m.] Bryan Oates
OJPs are becoming a critical resource for policy-makers and researchers who study the labour market. LMIC continues to work with Vicinity Jobs’ data on OJPs, which can be explored in our Canadian Job Trends Dashboard. Valuable insights have been gained through our analysis of OJP data, including LMIC research lead
Suzanne Spiteri’s recent report on improving the quality and accessibility of job postings to reduce employment barriers for neurodivergent people.
Decoding job postings: Improving accessibility for neurodivergent job seekers
Improving the quality and accessibility of job postings is one way to reduce employment barriers for neurodivergent people.
Optimizing Net Interest Margin (NIM) in the Financial Sector (With Examples).pdfshruti1menon2
NIM is calculated as the difference between interest income earned and interest expenses paid, divided by interest-earning assets.
Importance: NIM serves as a critical measure of a financial institution's profitability and operational efficiency. It reflects how effectively the institution is utilizing its interest-earning assets to generate income while managing interest costs.
Fabular Frames and the Four Ratio ProblemMajid Iqbal
Digital, interactive art showing the struggle of a society in providing for its present population while also saving planetary resources for future generations. Spread across several frames, the art is actually the rendering of real and speculative data. The stereographic projections change shape in response to prompts and provocations. Visitors interact with the model through speculative statements about how to increase savings across communities, regions, ecosystems and environments. Their fabulations combined with random noise, i.e. factors beyond control, have a dramatic effect on the societal transition. Things get better. Things get worse. The aim is to give visitors a new grasp and feel of the ongoing struggles in democracies around the world.
Stunning art in the small multiples format brings out the spatiotemporal nature of societal transitions, against backdrop issues such as energy, housing, waste, farmland and forest. In each frame we see hopeful and frightful interplays between spending and saving. Problems emerge when one of the two parts of the existential anaglyph rapidly shrinks like Arctic ice, as factors cross thresholds. Ecological wealth and intergenerational equity areFour at stake. Not enough spending could mean economic stress, social unrest and political conflict. Not enough saving and there will be climate breakdown and ‘bankruptcy’. So where does speculative design start and the gambling and betting end? Behind each fabular frame is a four ratio problem. Each ratio reflects the level of sacrifice and self-restraint a society is willing to accept, against promises of prosperity and freedom. Some values seem to stabilise a frame while others cause collapse. Get the ratios right and we can have it all. Get them wrong and things get more desperate.
1. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
Mojca Voljč, Ministry of Finance Slovenia
Ljubljana, June 2013
Study tour for officials from National Institute of Financial Management
2. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
22
1. Introduction of Ministry of Finance and Budget
Directorate
2. Major public finance reforms in Slovenia
3. Budget system in Slovenia
1. Legislation
2. Budget Classifications
3. Budget Structure
4. Organization and Responsibilities
5. Information system
4. Budget Preparation Procedures in Slovenia
5. Role of the Parliament
6. Main points about Budget Execution
AgendaAgenda
3. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
33
1.1. Introduction of Ministry of Finance and Budget DirectorateIntroduction of Ministry of Finance and Budget Directorate
4. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
44
1.1. Introduction of Ministry of Finance and Budget DirectorateIntroduction of Ministry of Finance and Budget Directorate
preparation and coordination of budget and public finance
policy, public finance legislation and other documents
concerning public spending
interpreting budget solutions and advising budget users about
budget preparation and execution
preparation of budget manual (budget and annual report)
final preparation of budget documents (for Government and
Parliament)
indirect control of budget preparation and execution (i.e.
through budget user managers)
preparation of different analysis of budget measures and
budget execution
BUDGET DIRECTORATE:
5. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
55
Public Finance Act (Organic Budget Law, 1999)
Economic Classification (= accounting classification,
GFS, 1999)
COFOG (2000)
Program Classification (2000)
Institutional Classification (2000)
“Source of Funds Classification”
“Two Year Budget” (2001)
Changed budget preparation procedures from “bottom
up” to “top down” (2002)
Development programs plan (2003)
2. Major public finance reforms in Slovenia2. Major public finance reforms in Slovenia
6. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
66
““Technical” consequences of public finance reformsTechnical” consequences of public finance reforms
NEED FOR INFORMATION SYSTEM
Improvement of information
Transparent Budget (Who?, How?, What for?)
OVERLOAD OF INFORMATION
COMPLEXITY OF THE BUDGET
2. Major public finance reforms in Slovenia2. Major public finance reforms in Slovenia
7. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
77
3.1.3.1. Budget system in SloveniaBudget system in Slovenia –– LegislationLegislation
LEGISLATION
• Public Finance Act
• Decree on Strategic Development Documents
and on the Bases and Procedures for
Preparation of a Proposed National Budget
• Rules of Procedure of the Parliament
8. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
88
Public Finance Act
01.
January
31.
December
Budget preparation
Decree on Strategic Development Documents
and on the Bases and Procedures for
Preparation of a Proposed National Budget
01.
October
Preparation of budget proposal
Rules of Procedure of
the Parliament
Adoption of the Budget
33.1. Budget system in Slovenia – Legislation.1. Budget system in Slovenia – Legislation
9. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
99
3.1.3.1. Budget system in SloveniaBudget system in Slovenia –– LegislationLegislation
Public Finance Act regulate:
Composition of the budget and financial plans
Two budgets for next two years
Documentations that Government should submit to the
Parliament
The date for submission to the Parliament
Instruction for preparing the Budget
The structure of the proposed financial plans explanation
Adjustment of proposals
Adoption of the Budget and restrictions in adopting the Budget
10. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
1010
3.1.3.1. Budget system in SloveniaBudget system in Slovenia –– LegislationLegislation
Decree regulates:
The preparation of the strategic development documents of the
state
The formulation and determination of national development
priorities
The preparation of the budget memorandum and determination
of fiscal rule (the frame of public finance expenditures)
The procedures and documents for the preparation of a
proposed national budget, proposed amendments to the
national budget, a proposed revised national budget and other
documents connected with these acts
11. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
1111
3.1.3.1. Budget system in SloveniaBudget system in Slovenia –– LegislationLegislation
Decree determine budget preparation procedures as
follows:
The preparation and composition of the budget memorandum
First budget session of the Government (before 15. of May)
Harmonization of budget expenditures in government working
groups
Second budget session of the Government (before end of June)
Instructions for the preparation of the budget
Submission of proposed financial plans (before 15. of August)
Submission of the budget memorandum and the proposed budget
by the MoF to the Government (before 20. of September)
12. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
1212
INSTITUTIONAL CLASSIFICATION
WHO spend public money
ECONOMIC CLASSIFICATION
HOW we spend public money
FOR WHICH economic purposes
PROGRAM CLASSIFICATION
WHAT FOR we spend public money
ON WHICH program areas
FUNCTIONAL CLASSIFICATION - COFOG
WHAT FOR we spend public money
FOR WHICH function
SOURCE OF FUNDS CLASSIFICATION
FROM WHICH FUNDS
33.2. Budget system in Slovenia – Classifications.2. Budget system in Slovenia – Classifications
13. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
1313
33.2. Budget system in Slovenia – Classifications.2. Budget system in Slovenia – Classifications
INSTITUTIONAL CLASSIFICATION
GENERAL
GOVERNMENT
CENTRAL
GOVERNMENT
LOCAL
GOVERNMENT
SOCIAL SECURITY
FUNDS
Direct budget
users
State funds
Other units of the state
level (indirect users)
Line Ministries
- 34 -
Direct budget users
-169 –
Nongovernmental
Governmental
Justice (Courts, Prosecutions,..)
14. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
1414
33.2. Budget system in Slovenia – Classifications.2. Budget system in Slovenia – Classifications
INSTITUTIONAL CLASSIFICATION
15. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
1515
33.2. Budget system in Slovenia – Classifications.2. Budget system in Slovenia – Classifications
ECONOMIC CLASSIFICATION
ACCOUNTS OF
REVENUES AND
EXPENDITURES
THE FINANCIAL ASSETS
AND LIABILITIES
ACCOUNT
FINANCING ACCOUNT
40 Current expenditure
41 Current transfers
42 Capital expenditure
43 Capital transfers
45 Payments to the EU
budget
44 Lending and
acquisition of equity
55 Amortization of debt
70 Tax revenues
71 Non - tax revenues
72 Capital revenues
73 Grants
74 Transferred revenues
78 Receipts from the EU
budget
75 Repayments of loans
and sales of equities
50 Borrowing
16. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
1616
Budget expenditure (tip 1)
Pre-accession funds – Slovenian participation - BLC A (tip 20)
Accession funds– Slovenian participation (tip 29)
Donations – Slovenian participation (tip 31)
Norwegian 3 financial mechanism and EEA financial mechanism – Slovenian
participation (tip 33)
EU 04-06 – Structural funds – Slovenian participation (tip 51)
EU 07-13 – Structural funds – Slovenian participation (tip 71)
EU 04-06 – Cohesion fund – Slovenian participation (tip 53)
EU 07-13 – Cohesion fund – Slovenian participation (tip 73)
EU 04-06 – Rural development – Slovenian participation (tip 55)
EU 07-13 – Rural development – Slovenian participation (tip 75)
EU 04-06 – Other measures in agriculture sector – Slovenian participation (tip 63)
EU 07-13 – Other measures in agriculture and fisheries sector – Slovenian participation
(tip 83)
EU 04-06 – Environmental measures – Slovenian participation (tip 65)
EU 07-13 – Environmental measures – Slovenian participation (tip 85)
EU 04-07 – Internal policies – Slovenian participation (tip 67)
EU 07-13 – Internal policies – Slovenian participation (tip 81)
EU 07-13 – European fisheries fund – Slovenian participation (tip 87)
EU 07-13 – Territorial co-operation – Slovenian participation (tip 89)
……..
1
6
5
1
33.2. Budget system in Slovenia – Classifications.2. Budget system in Slovenia – Classifications
SOURCE OF FUNDS CLASSIFICATION
17. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
1717
33.2. Budget system in Slovenia – Classifications.2. Budget system in Slovenia – Classifications
FUNCTIONAL CLASSIFICATION
Three levels of classification:
• Divisions - 10
• Groups - 69
• Classis - 111
01 GENERAL PUBLIC SERVICES
02 DEFENCE
03 PUBLIC ORDER AND SAFETY
04 ECONOMIC AFFAIRS
05 ENVIRONMENT PROTECTION
06 HOUSING AND COMMUNITY AMENITIES
07 HEALTH
08 RECREATION, CULTURE AND RELIGION
09 EDUCATION
10 SOCIAL PROTECTION
18. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
1818
3.2.3.2. Budget system in Slovenia – ClassificationsBudget system in Slovenia – Classifications
PROGRAM CLASSIFICATION
• FOR WHICH programs we spend public money
• The base for result oriented budgeting
• Three levels:
• Policy – 24
• Program – 112
• Subprogram – 300
19. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
1919
BUDGET STRUCTURE
1. GENERAL
PART
2. SPECIAL
PART
3. DEVELOPMENT
PROGRAMS PLAN
33.3. Budget system in Slovenia – Budget structure.3. Budget system in Slovenia – Budget structure
REVENUES AND
EXPENDITURES
ECONOMIC
CLASSIFICATION
SURPLAS/
DEFICIT
• INSTITUTIONAL
•PROGRAM
CLASSIFICATIONS
EXPENDITURES
•PROGRAM
CLASSIFICATIONS
EXPENDITURES –
PROJECTS /
ACTIVITIES
20. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
2020
3.3.3.3. Budget system in Slovenia – Budget structureBudget system in Slovenia – Budget structure
GENERAL PART
ECONOMIC
CLASSIFICATION
shall comprise:
A: the joint accounts of
revenues and
expenditures,
B: the financial assets
and liabilities account
and
C: the financing account
21. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
2121
3.3.3.3. Budget system in Slovenia – Budget structureBudget system in Slovenia – Budget structure
SPECIAL PART
PROGRAM
CLASSIFICATION
INSTITUTIONAL
CLASSIFICATION
of the budget shall comprise
financial plans of the direct
spending units
22. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
2222
3.3.3.3. Budget system in Slovenia – Budget structureBudget system in Slovenia – Budget structure
DEVELOPMENT PROGRAMS PLAN
PROGRAM
CLASSIFICATION
PROJECTS
ACTIVITIES
shall disclose projects for investments, EU funds and state aid
and activities of direct spending units
in the subsequent four years, which shall be broken down by:
– Individual program of direct spending units
– Year in which the outgoings for the programs will burden the budget
– Source of financing for full completion of programs.
23. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
2323
33.4. Budget system in Slovenia – Organization and responsibilities.4. Budget system in Slovenia – Organization and responsibilities
PARLIAMENT
CABINET OF MINISTER
LINE MINISTRIES
DIRECT BUDGET
USERS
Ministry of Finance
Budget department
Ministry of
Justice
Ministry of
Defence
Ministry of
Education …
Core
Ministry
Office for
Youth
Inspectorate
for Education …
Local
communities
Health
Fund
Pension
Fund
Transfers
from the state
budget
INDIRECT BUDGET
USERS ≈ 3000 …
Primary
School
Secondary
School …
Transfers from the state budget
ORGANIZATION AND
RESPONSIBILITIES
24. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
2424
System MFERAC
• Execution
• Accounting
System APPrA
Budget preparation process
• Scenarios – First phase
• Budget preparation – Second
phase
• Reporting system
Execution and accounting
data
- Automatic procedures
- Every night
Adopted
budget
3.5. Budget system in Slovenia – Information system3.5. Budget system in Slovenia – Information system
25. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
2525
1. Scenarios
2. Reporting system – internal (budget department)
3. Budget preparation – web collection of data
4. Reporting system – web
5. Final accounts – web collection of data
6. Applications for local communities
7. Application administration
APPrA
System / application for information support in
budget preparation procedures and data analyses
related to the budget
3.5. Budget system in Slovenia – Information system3.5. Budget system in Slovenia – Information system
26. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
2626
3.5. Budget system in Slovenia – Information system3.5. Budget system in Slovenia – Information system
27. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
2727
4.4. Budget Preparation Procedures in SloveniaBudget Preparation Procedures in Slovenia
Timetable for budget implementation
Expenditures by programs
Legislature scrutinises and approves budget
Budget submitted to legislature
Draft budget prepared by MoF
Budget requests reviewed by MoF -
negotiations
Line ministries submit budget requests
Budget circular
Cabinet approves strategy and ceilings
Revenues and expenditures projections
Preparation of macro-economic framework
OSAJJMAMFJ
28. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
2828
Government budget session
First phase
Ceilings
- determination of priorities
- revenue and expenditure estimations
- nominal expenditure frame
- deficit / surplus as a goal
Expenditures by policies, programs,
subprograms and line ministries
Harmonisation of budget expenditures
Budget adopted by the Government
Second phase
Budget send to the Parliament
- each line minister – finance
minister
- preparation of financial plans
according priorities and instructions
MoF prepare budget proposal
+ other documentations
Harmonisation of proposals -
Final negotiations
4.4. Budget Preparation Procedures in SloveniaBudget Preparation Procedures in Slovenia
29. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
2929
INPUT DATA
• Base data
• Macro-economic
indicators
• Index
• Absolute value
RULES
Mathematical functions
BD*MEI1*(Ind1+Ind2) +/- AV
RESULT
Revenues /
expenditures for the
observed period
o Wizard for defining rules
o General and specific rules
o At least 1 rule per data point per year
o Result on detailed level
First Phase – Information system
APPrA – module Scenarios
4.4. Budget Preparation Procedures in SloveniaBudget Preparation Procedures in Slovenia
30. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
3030
Government budget session
First phase
Ceilings
- determination of priorities
- revenue and expenditure estimations
- nominal expenditure frame
- deficit / surplus as a goal
Expenditures by policies, programs,
subprograms and line ministries
Harmonisation of budget expenditures
Budget adopted by the Government
Second phase
Budget send to the Parliament
- each line minister – finance
minister
- preparation of financial plans
according priorities and instructions
MoF prepare budget proposal
+ other documentations
Harmonisation of proposals -
Final negotiations
4.4. Budget Preparation Procedures in SloveniaBudget Preparation Procedures in Slovenia
31. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
3131
Instructions for the preparation of the budget shall
contain
• the resolutions of the first and second budget sessions of the
Government
• the basic economic starting points and assumptions for the
preparation of budget proposals
• the distribution of rights to expenditure determined by the
Government
• instructions for preparation of explanations of financial plans
• deadlines
• other technical and substantive instructions for the preparation of
the proposed budget
Submission of proposed financial plans
by 15 August of the current year or by a day determined by the
Government
Second Phase
4.4. Budget Preparation Procedures in SloveniaBudget Preparation Procedures in Slovenia
32. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
3232
WEB application
Data base on MoF
Controls of data on
entering
Different Role:
MoF, BU, LM
Central administration and
upgrade of application
Second Phase – Information system
4.4. Budget Preparation Procedures in SloveniaBudget Preparation Procedures in Slovenia
33. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
3333
Government shall submit to the
Parliament:
• Budget memorandum
• Proposed central government budget with
explanation
• Proposed planned sales of the central government’s
financial and physical assets for budgetary purposes
• Proposed financial plans for the subsequent year
with regard to the Health Insurance Institute and
Retirement and Disability Pension Insurance
Institute, both in the area of compulsory insurance,
public funds and agencies founded by the central
government, together with explanations
• Proposed laws required to implement the proposed
central government budget
• Proposed Job Allocation Schedules and Proposed
Plan of Capital Purchases
4.4. Budget Preparation Procedures in SloveniaBudget Preparation Procedures in Slovenia
34. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
3434
55. Role of the Parliament. Role of the Parliament
Rules of Procedure of the Parliament determine the
adoption of the budget:
The session at which the budget memorandum and the draft
state budget will be presented (in 10 days after submission)
Amendments are proposed to the individual subprogram of
defined budget user in the special part of the draft state budget
Amendments to the draft state budget may be tabled by
deputies, deputy groups, the working bodies concerned, and the
working body responsible (no later than 10 days following the
presentation)
All proposers of amendments must take into consideration the
rule on the balance between budget revenues and expenditures.
An amendment tabled should not burden the budget reserves or
general budgetary commitments, nor should it entail the burden
of additional borrowing
35. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
3535
55. Role of the Parliament. Role of the Parliament
Rules of Procedure of the Parliament determine the
adoption of the budget:
The Government takes a position on all tabled amendments
On the basis of the latest analyses of economic trends and the
implementation of the state budget for the current year,
government prepares a supplemented draft state budget and
submits it to the Parliament (within 30 days following the
presentation)
Amendments to the supplemented draft state budget may be
tabled by the working body responsible, a deputy group, or at
least one quarter of the deputies
Committee on Finance and Monetary Policy - working body
responsible
36. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
3636
55. Role of the Parliament. Role of the Parliament
Rules of Procedure of the Parliament determine the
adoption of the budget:
The session of the Parliament at which the discussion on the
supplemented draft state budget will be held is convened within
15 days following the submission of the supplemented draft
state budget
the representative of the Government may first explain the
supplemented draft state budget
the reporter of the working body responsible may present
a report
the representatives of the deputy groups may present
their positions on such
At the session of the Parliament they debated and voted on
individual parts of the supplemented draft state budget
37. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
3737
55. Role of the Parliament. Role of the Parliament
Rules of Procedure of the Parliament determine the
adoption of the budget:
The Parliament decides on the amendments to the supplemented
draft state budget at the end of the debate on the individual part
of the special part of the supplemented draft state budget to
which the amendment was tabled
When the voting on parts of the supplemented draft state budget
is completed, the chairperson establishes whether the draft state
budget is balanced in terms of revenue and expenditure, and
individual parts
If the draft state budget is balanced, the Parliament votes on it in
its entirety
38. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
3838
55. Role of the Parliament. Role of the Parliament
Rules of Procedure of the Parliament determine the
adoption of the budget:
The budget implementation act
must be harmonised with the adopted state budget
if not, the Government must propose a harmonising
amendment to the draft budget implementation act
the discussion and adoption of the draft budget
implementation act by the urgent procedure
39. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
3939
66. Main points about Budget Execution. Main points about Budget Execution
BUDGET EXECUTION
Budget executed on budget line: budget item and 4-digit
economic classification
Reallocation of Appropriations are allowed in according to
Public Finance Act and annual Act on the implementation of
the budget
Carry over's are not allowed
Restricted Entering into Commitments Burdening the
Budgets for Subsequent Years
40. Budgeting – the Case of SloveniaBudgeting – the Case of Slovenia
Thank you!
Mojca.voljc@mf-rs.si