Cost Analysis of the Regulatory Impact Assessment Process

The beginnings of Regulatory Impact Assessment (RIA) in Macedonia date back to 2008, first as a pilot project, then becoming mandatory for all legal proposals since 2009 as part of regulatory reforms with a declarative goal - improving the entrepreneurial environment. In 2011, the Ministry of Information Society and Administration (MISA) became the main institution responsible for implementation, coordination and oversight of RIA, and in 2013 a new Methodology for RIA was introduced. This methodology is an upgrade of the existing practices introduced in 2009, which are also aligned with the positive practices in the European Union (EU) and its Member States, as well as the OECD Member States. The main goal of this policy paper is to determine the cost for the state during the RIA process of a draft-law. This document does not aim to determine how much will the implementation of that new law made under the RIA cost the state or its stakeholders in full. That is already done by the RIA methodology provides for an analysis of the costs, impacts and benefits of the identified possible solutions when proposing a particular regulation, as well as the preparation of a RIA Report.