Expert-Grup

How Public Money Is Lost: Monitoring the Implementation of the Court of Accounts Decisions for 2012

Finanțe publiceMonday, 3 June 201320857 views

Automatically translated summary. The full text is available in Romanian.

This report from the Independent Think Tank “Expert-Grup” examines how the recommendations of the Court of Accounts of the Republic of Moldova were implemented in 2012. It also assesses the quality of the responses provided by the audited entities. The full study is available only in Romanian.

In 2012, the Court of Accounts published 51 reports containing 3,818 recommendations, twice as many as the previous year. The report finds that the scale of material damage caused to the state doubles every year, while more than 50% of the recommendations aimed at remedying the situation are not implemented.

Moreover, since 2006 no official holding a position of responsibility has been convicted. The report describes the lack of involvement of law enforcement bodies, as well as of Parliament and the Government, as unjustified. As a result, the Court of Accounts decisions are not being used as an instrument for prevention, oversight and accountability of those managing public funds.