It also supported measures to strengthen budget execution
and public financial management systems at the federal level.
Treasury sent copies of budget execution
by programmes and sub-programmes to the counties.
His demand was, however, dismissed by the speaker Agha Siraj who said that the assembly sitting a day earlier had adopted a unanimous motion to set aside other agenda of the house and discuss pre-budget and budget execution
13 municipalities (or 4.9% of all municipalities in the country) meet three or more of the criteria for municipalities with financial difficulties, according to the data from the annual reports on the municipal budget execution
of municipalities at the end of 2017.
The Provincial Minister for Law presented the Budget Execution
Report for the third quarter of the financial year 2017-2018.
'This new arrangement should facilitate faster budget execution
and enable agencies to plan and manage their cash requirements better, according to their implementation deadlines and procurement schedules,' he added.
The State budget execution
report for the 2015 financial year shows a decrease of the budget deficit from 5% in 2014 to 4.8% in 2015 and a decrease in the volume of own resources due to the decrease in tax resources mainly linked to the slowdown in the growth rate and the decline in the output of public enterprises, in particular oil companies.
According to the finance minister, the PFM reforms strategy, which has already been approved by the provincial cabinet presented a roadmap for reforms focusing on policy based planning and budgeting, more control in budget execution
and expenditures, greater resource mobilization and reforms in taxation.
The GFMIS computerizes the entire life-cycle of budget preparation, budget execution
, and financial reporting.
Summary: The Ministry of FinanceEe's preliminary estimate of the budget execution
for 2015 shows that the deficit stayed at 2.6% of GDP (RUB 1.9tn), which is better than the 2.9% previously projected.
* Citizen delegates and local authorities monitor the execution of the budget using the performance management indicators contained in the service improvement action plan and a monitoring community meeting is organized halfway through the annual budget execution
By issuing the new Eurobond in the amount of EUR 270 million, Republic of Macedonia has provided funds to finance all projects and Budget needs, as well as to continue the stable trends and the stable Budget execution