Expert-Grup

How Public Money Is Lost: Monitoring the Implementation of the Court of Accounts Decisions for 2013

Finanțe publiceWednesday, 24 September 201413165 views

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

Independent Think Tank “Expert-Grup” has published a report monitoring how the Decisions of the Court of Accounts for 2013 were implemented in the Republic of Moldova. The report was launched at an event held on 24 September 2014 and examines how public money is managed and how audit recommendations are followed.

The Court of Accounts is the public institution that oversees how the Government and its agencies execute the budget and manage public property. In its reports it gives Parliament, law enforcement bodies and society an informed, independent and credible opinion on the regularity, efficiency and effectiveness of the use of public resources, thus supporting good governance, transparency, accountability and citizen participation.

The irregularities estimated by the Court of Accounts in 2013 amounted to MDL 7.7 billion. More than 60% of its recommendations, intended to remedy the situation, are not implemented. Moreover, the interest of law enforcement bodies, Parliament and the Government did not grow during the past year.

How Public Money Is Lost: Court of Accounts Decisions 2013