Romania - Ministry of Public Finance Romania Open Budget Survey Romania Virginia Comsa Deputy director general

OPEN BUDGET SURVEY 2015 - ROMANIA Romania - Ministry of Public Finance OPEN BUDGET SURVEY 2015 - ROMANIA TRANSPARENCY (OPEN BUDGET INDEX) 75 OUT OF 100 The Government of Romania provides the public with extensive budget information. PUBLIC PARTICIPATION 42 OUT OF 100 The Government of Romania provides the public with limited opportunities to engage in the budget process. BUDGET OVERSIGHT 54 OUT OF 100 BY LEGISLATURE Budget oversight by the legislature in Romania is limited. 100 BY AUDIT Budget oversight by the supreme audit institution in Romania is adequate. February 2016 Romania - Ministry of Public Finance

CHANGE IN TRANSPARENCY OVER TIME Romania - Ministry of Public Finance CHANGE IN TRANSPARENCY OVER TIME February 2016 Romania - Ministry of Public Finance

PUBLIC AVAILABILITY OF BUDGET DOCUMENTS Romania - Ministry of Public Finance PUBLIC AVAILABILITY OF BUDGET DOCUMENTS February 2016 Romania - Ministry of Public Finance

Romania - Ministry of Public Finance Public Documents February 2016 Romania - Ministry of Public Finance

IMPROVING TRANSPARENCY Romania - Ministry of Public Finance IMPROVING TRANSPARENCY Romania should prioritize the following actions to improve budget transparency: Produce and publish a Citizens Budget. Increase the comprehensiveness of the Executive’s Budget Proposal by presenting more information on contingent liabilities and on future liabilities. Increase the comprehensiveness of the Year-End Report by presenting more information on planned versus actual performance. February 2016 Romania - Ministry of Public Finance

IMPROVING PARTICIPATION Romania - Ministry of Public Finance IMPROVING PARTICIPATION Romania should prioritize the following actions to improve budget participation: Ensure the public is informed of the purpose of public budget engagements and provided with sufficient information to participate effectively. Hold legislative hearings on the state of the economy that are attended by the executive and open to the public. Establish formal mechanisms for the public to participate in audit investigations. February 2016 Romania - Ministry of Public Finance

Romania - Ministry of Public Finance IMPROVING OVERSIGHT Romania should prioritize the following actions to strengthen budget oversight: Ensure the Executive’s Budget Proposal is provided to legislators at least three months before the start of the budget year. Ensure the executive receives prior approval by the legislature before implementing a supplemental budget. February 2016 Romania - Ministry of Public Finance

Stages of Budget Process Romania - Ministry of Public Finance Stages of Budget Process Key Budget Documents: 1. Audit Reports 2. Legislative Audit Committees reports 1.Budget Formulation 2.Budget approval 3.Budget Execution 4.Budget Oversight Key Budget Documents: 1. Budget framework 2. Executive Budget Proposal 3. Supporting Reports Key Budget Documents: 1. In-year Reports 2. Mid-year Reports 3. Supplementary budgets Key Budget Documents: 1. Budget law 2. Reports of legislative budget committees February 2016 Romania - Ministry of Public Finance

Romania - Ministry of Public Finance February 2016 Romania - Ministry of Public Finance

Romania - Ministry of Public Finance February 2016 Romania - Ministry of Public Finance

Resources http://www.fiscaltransparency.net/resources-all/ http://survey.internationalbudget.org/#home http://www.internationalbudget.org/opening-budgets/open-budget-initiative/open-budget-survey/ https://drive.google.com/folderview?pli=1&id=0ByA9wmvBrAnZYUlwdUM2alVlR2M&ddrp=1&tid=0ByA9wmvBrAnZN3ZrdzNzcS1JZzg http://www.worldbank.org/en/country/romania http://www.pempal.org/about/about-pempal February 2016 Romania - Ministry of Public Finance

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