Banner

Workshop „Assessing fiscal Responsibility Criteria and contributing to fiscal responsibility“

Podgorica, 28th May 2015 – Recognizing the importance of cooperation between SAI, Government and Parliament in implementation of the Law on budget and fiscal accountability of Montenegro, State audit institution of Montenegro in cooperation with SIGMA has organized workshop “Assessing fiscal Responsibility Criteria and contributing to fiscal responsibility“, 28th May 2015 in Podgorica.

SIGMA experts, Mr. Christian Charpy, from Court of accounts of France and Mr. Balázs Romhányi, Institute for fiscal accountability of Hungary have participated at the workshop. They presented their experience in area of implementation and assessment of fiscal rules.

The objective of this workshop is to discuss future challenges in light of implementation of the Law on budget and fiscal accountability of Montenegro, with a special focus on fulfillment of the SAI’s duties. The new law on budget and fiscal responsibility provides the State Audit Institution of Montenegro to assess the application of the fiscal responsibility criteria as part of the annual report submitted to the Parliament. Based on the assessment of the State Audit Institution, the Ministry of Finance proposes to the Government, and the Government proposes to the Parliament, a plan for recovery of numeric limits being exceeded, in accordance with this Law.

 

Apart from the representatives of the SAI and SIGMA, representatives of the Parliamentary Committee on economy, finance and budget and Ministry of finance participated at the workshop.

 

 

This activity was carried out as a result of successful cooperation between the SAI and SIGMA. After the workshop, the agreement was reached on realization of the future activities on assessment of application of the fiscal responsibility criteria.