1. Evolution of the Role and Functions of the Treasury
Group 1
Evolution of the Role and Functions of the Treasury
Armenia, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russia
Chisinau, 2 June 2016

2. 1. Main Facts / Structure Arme-nia Bela-rus Kazakh-stan Kyrgyz-stan
Mol-dova
Russia
Year Treasury Formed
1996
1993
1994
1992
Is the Treasury part of the MoF (P) separate from the MoF (O) P
MoF Agency
Indepen-dent Service
Total Staffing of the Central Treasury (number)
~70 27
130 42 43
797
Regional Treasury Offices (number) --
135
204 55 38 86
Total Staffing in Regional Offices (number)
566
~3.3 thou.
316
255
42 thou.
Number of Clients
3 thou.
11 thou.
15 thou.
6.3 thou.
3.4 thou.
300 thou.
Population
3.5 mil.
9.5 mil.
17.7 mil.
6 mil.
146.5 mil.

3. 2. Functions T Arme-nia Bela-rus Kazakh-stan Kyrgyz-stan Mol-dova
Russia
Management of the central financial management information system (including the general ledger) +
Processing of payments on behalf of the government
Budget execution reporting 
Public sector accounting policy, instructions and guidelines -
-(MoF)
Consolidated financial reporting
Cash management and forecasting
Management of government accounts (TSA and other)
Debt management
Training and education  
-(MoF)EC IT
MoF - Ministry of Finance
EC-Educational Center

4. 2.1. Other Existing Functions
Revenue Accounting
Methodology of Treasury-based Budget Execution
Methodological Advice to Budget Entities
Public Internal Financial Control (Russia)

5. 3. Strategies T Arme-nia Belarus Kazakh-stan Kyrgyz-stan Mol-dova
Russia
PFM Strategy (Action Plan) covering the Treasury +
Treasury Strategy (Action Plan)
Other Relevant Strategy Document

6. 4. Do you see a need to strengthen / develop further / add new functions or activities in the future?
Monitoring and Analysis
Cash Management and Forecasting
Risk Management
Budget Execution Methodology
Accounting and Financial Reporting Methodology (cash and accrual reporting harmonization)
Training and advice to participants in the budgetary process
Service provision
Communication with other information systems

7. 5. Do you expect some functions currently performed by the Treasury not to be required in the future?
The role and functions of territorial offices are expected to change
Treasury control functions should be modernized and reduced in some countries