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Romania: Fiscal Transparency Evaluation

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  • International Monetary Fund

Abstract

The paper discusses recommendations made in a fiscal transparency evaluation report for Romania. Seven recommendations are made to improve the level of information available to decision makers and the public. The report recommends reducing fragmentation of existing fiscal reporting and expanding the institutional coverage to include the wider public sector. It also recommends improving the timeliness, quality, and integrity of fiscal reports and financial statements through publishing reconciliations between cash and accrual based reports and enforcing strict timelines for publication of financial statements.

Suggested Citation

  • International Monetary Fund, 2015. "Romania: Fiscal Transparency Evaluation," IMF Staff Country Reports 2015/067, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2015/067
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=42775
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    Cited by:

    1. Berceanu, Ionut Bogdan & Mititelu, Cristina, 2016. "The Impact of Economic Crisis on the Emerging Administrations from Southeastern Europe. Case Study: Romania," MPRA Paper 100365, University Library of Munich, Germany.

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