Budget openness and transparency are key elements of the effective management of public finances, determining the fiscal risks, rational financial decision-making, increasing accountability by policy makers and improving fiscal policies. It is difficult to define budget transparency, and also...

This is the first study which estimates costs and benefits of overall policy reform for implementation of performance based budgeting. Costs estimation is based on a phased implementation, where we consult the Regulatory Impact Assessment methodology. In order to estimate benefits, we use a...

This report should be regarded as an initial study that sets the basis for a more thorough and systematic analysis of the PFS in Macedonia, and its findings should be regarded in that light. The report comprises:• Current state of affairs.• Identification of main achievements and weaknesses...

The political debate in Macedonia in recent years with the new government is going into questioning that the Macedonian budget growth with the new government is not sustainable and is growing without control. We present discussion on recent government actions and how they relate to existing...