Moldova’s Court of Accounts to gain greater financial independence
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The Court of Accounts will become even more independent

The Accounting Chamber will independently form and approve its budget - the government has approved a draft that strengthens the financial independence of the institution.
Светлана Руденко Reading time: 1 minute
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Andrian Gavrilica

Andrian Gavrilica

The initiative was elaborated by the Ministry of Finance within the framework of the commitments undertaken by the Republic of Moldova in the European integration process, including the National Program of Accession to the EU for 2025-2029 and the Growth Plan for 2025-2027.

The document envisages a change in the procedure of approving the budget of the Court of Accounts. It will form and approve its own budget, taking into account the mandatory opinion of the parliamentary commission for control over public finances, and will submit it to the government for inclusion in the draft state budget without amendments.

At the same time, the Ministry of Finance will be able to provide only an advisory opinion during the consideration of the draft budget in Parliament.

The right of the Court of Accounts to appeal to parliament in case of insufficient funding to fulfill its mandate is also enshrined.

“Thus we ensure the financial independence of the Accounting Chamber in accordance with the best European practices. It was a long, constructive discussion and I believe we came to a very good thing,” Finance Minister Andrian Gavrilica said.

The authors of the initiative note that the changes are aimed at eliminating possible interference of the executive branch in the budgetary process of the Accounting Chamber and bringing the national legislation in line with international audit standards.



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