1. Treasury bodies of the Republic of Belarus
MINISTRY OF FINANCE OF THE REPUBLIC OF BELARUS
Treasury bodies of the Republic of Belarus
Kishinev
June 2016

2. 1991 1993 1998-1999 Structure of the MST Current status
The Republic of Belarus gained political and economic independence
Establishment of the Main State Treasury (MST)
(as part of the Ministry of Financeв составе of the Ministry of Finance)
27 persons
Establishment of territorial offices of the State Treasury
Number of employees in treasury bodies is 593 persons
Data processing center of the Ministry of Finance
(332 persons, work places are arranges in all administrative-territorial units)
Structure of the MST
Budget execution office
Cash receipts and budget commitments office
Budget accounting and reporting office
Отдел совершенствования бухгалтерского учета и отчетности сектора государственного управления
Current status
7 offices for obalsts and for the city of Minsk
128 chapters in districts (cities)
Ministry of Finance of the Republic of Belarus
Enterprise subordinated to the MoF

3. Development of the treasury system of the Republic of Belarus
1993
Creation of the system of state treasury bodies
Introduction of TSA
Creation of the second tier of the treasury system – territorial state treasury bodies
Creation of the automated state treasury system
Further expansion of coverage of financial resources (budgets of the Common State, Social Protection Fund, innovation funds, local budgets) with treasury technologies
2010
The Republic of Belarus joined the Customs Union, duties are allocated among budgets of Customs Union member countries
2011
Implementation of an electronic document
Transfer to treasury execution of public off-budgetary funds, off-budgetary revenue and expense estimates of certain public bodies
Implementation of the centralized automated system for collection and consolidation of reports on budget execution
At present
Improvement of treasury technologies

4. Functions of treasury bodies
Forecasting cash flows and asset management in the TSA;
Allocation of taxes, fees (duties) between the republican and local budgets, of customs duties between budgets of states that are members of the Eurasian Economic Union;
Repayment, off-set of amounts overpaid to the revenue of the republican budget;
Inter-budget transfers;
Control over budgetary authorities and obligations;
Payments on behalf of budget funds adminstrators (recipients);
Accounting for transactions and preparation of reports on execution of the budget;
Convergence of the national accounting and reporting system in the public governance sector with IPSAS;
Cash-based execution of local budgets, budgets of state off-budgetary funds, budget of the Common State, off-budgetary funds estimates of certain public bodies;
Methodological regulation of issues related to treasury execution of budgets.

5. Areas of Treasury Activities Development (are included in the Reform Strategy of the public finance management system determined by Decree of the Government of the Republic of Belarus as of , No. 1080)
Expansion of coverage of public funds accumulated in the TSA;
Improvement of mechanisms for free TSA cash balance forecasting and management;
Enhancement of efficiency of accounting and control in the process of execution of расходных обязательств;
Creation of the public procurement information system;
Convergence of the national accounting and reporting system in the public governance sector with IPSAS;
Development and implementation of the single chart of accounts integrated with the budget classification;
Improvement of approaches to execution and accounting of public finance.

6. Main results of reforms
Creation of modern and efficient public finance management mechanisms
Implementation of the new FMIS on the basis of advanced ICT
Key risks
Political
Loss of support and interest in conducted reforms from the side of high positioned officials
Human resource
Insufficient qualifications of the staff members involved in implementation of reforms

7. Thank you for attention!