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Gov’t establishes Public Finance Management Council 

Gov’t establishes Public Finance Management Council 

Skopje, 17 September 2024 (MIA) - At a session Tuesday the Government established a Public Finance Management Council as the highest coordination body of the Government tasked with monitoring the implementation of public finance management reforms foreseen with the Public Financial Management Reform Programme 2024-2027.

The Council, according to the Government, will be composed of a president and nine members. The president will be the Minister of Finance, and the members will be the Minister of European Affairs; Minister of Energy, Mining and Minerals; Minister of Public Administration; Minister of Digital Transformation, as well as the heads of the Customs Administration, the Public Revenue Office and the Public Procurement Bureau, the President of the State Commission for Public Procurement Appeals and the chief state auditor.

According to the Government, the primary tasks of the Council will be to carry out the necessary activities in the realization of the reform goals of the Programme; to assess and approve the draft annual action plan for the implementation of the Programme before its adoption by the Government; to monitor the implementation of the Programme and the annual action plan for the implementation of the Programme in terms of the results, indicators and targets; to assess and provide opinions and recommendations about the semi-annual and annual report on the progress in the implementation of the Programme and the annual action plan for its implementation.

“In addition to this, the Council should propose measures that affect the timeframe for the implementation of activities; propose measures related to the financing of activities within the Programme; ensure close cooperation between the relevant institutions involved in the realization of activities; solve any issues related to the coordination between the affected parties; lead a dialogue on high-level policies with donors and other stakeholders about the implementation, financing and scope of the public finance management reform. The Council should also monitor and provide directions to ensure broad social support for the planned public finance management reforms, to lead the process on a midterm and final assessment of the goals and results of the Programme, and put forward changes to the measures and activities outlined in the Programme and jointly assess the critical points or bottlenecks in the implementation of the Programme, as well as propose and carry out activities to correct the identified problems,” the Government said in a press release. 

Photo: MIA Archive