Expert-Grup

How Public Money Gets Lost: Monitoring the Court of Accounts Decisions for 2016

Finanțe publiceThursday, 22 June 201711605 views

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

The Independent Think Tank “Expert-Grup” has published a study assessing how far audited institutions in Moldova implemented recommendations of the Court of Accounts. It covers 41 audit reports published in 2015 and 2016 whose deadlines had expired by 1 June 2017, and examines institutions, recommendation types and areas.

Of the 1,446 recommendations issued, only 36.9% were implemented, a change that was insignificant compared with previous years. Technical recommendations were implemented at a high rate, and their number fell by over 32%. Operational ones reached the highest execution rate, above 68%, up by over 18%.

Recommendations to amend the legal framework rose from 12% to 20% of the total and have the lowest implementation level, even after the deadline was extended to 18 months. Central and local authorities perform similarly: almost 50% respond on time with quality answers, but only 20% of their solutions bring real change for a high-performing public sector. The study was supported by the Soros Foundation-Moldova.