1. Treasury Community of Practice Workshop
MINISTRY OF FINANCE
REPUBLIC OF MOLDOVA
Measuring and Monitoring Treasury Performance in the Republic of Moldova
Treasury Community of Practice Workshop
Tirana, Albania, May, 2018

2. Strategic/operating documents containing key performance indicators (КРI)
MINISTRY OF FINANCE
REPUBLIC OF MOLDOVA
Public Finance Management Mid-term Program ( ) Fiscal Policy Subprogram
КPI Category
KPI for Treasury
Value at year-end
As of
Outcome KPI
Share of maintained Central Government’s total cash shortage quarterly limit
100%
27,5%
Share of NPB (National Public Budget) funds in TSA of the MoF
70%
98,2%
Output KPI
Number of orders for development and introduction of regulations on cash execution,accounting and reporting of the national public budget through the MoF’s Treasury system 11 14
Number of developed real-time forecasts
325
315
Annual NPB execution report 1
Performance KPI
Share of budget execution reports timely submitted by institutions
92,5%

3. Strategic/operating documents containing key performance indicators (КРI)
MINISTRY OF FINANCE
REPUBLIC OF MOLDOVA
Программа “Управление публичными финансами в среднесрочной перспективе ( г.)” Подпрограмма “Исполнение и отчетность национального публичного бюджета”
КPI Category
KPI for Treasury
Value at year-end
As of
Outcome KPI
National budget revenue execution
100%
100,5%
National budget expenditure execution
97%
93,9%
Revenue execution in local budgets
99,2%
Expenditure execution in local budgets
95%
89%
Output KPI
Number of registered contracts
192,740
243,346
Number of processed bank statements
94,965
280,168
Number of authorized payment documents
2,664,350
1,637,330
Performance KPI
Average number of daily documentation processing operations per one regional treasury employee 45
665

4. National Debt Management Mid-term Program (2018-2020)
Strategic/operating documents containing key performance indicators (КРI)
MINISTRY OF FINANCE
REPUBLIC OF MOLDOVA
National Debt Management Mid-term Program ( )
Main goal - обеспечение финансовых потребностей государственного бюджета на приемлемом уровне расходов в среднесрочном и долгосрочном периоде в условиях ограничения сопутствующих рисков.
Risk Parameters for
Value at year-end
As of
Public Debt payable within one year (% of total)
≤25%
20.6%
Internal public debt (%of total)
≥25%
43.7%
Public debt defined in specific foreign currency (% of total)
≤50%
27.1%
Public debt at variable rate (% of total)
≤40%
30.2%
Stability Parameters for
Servicing public debt (% to public budget revenues – grants)
≤15%
5.9%

5. Debt Management Performance Assessment Methodology
Practices and tools used for performance measuring and monitoring
MINISTRY OF FINANCE
REPUBLIC OF MOLDOVA
Debt Management Performance Assessment Methodology
DeMPA - is a public debt management performance assessment methodology applying a comprehensive set of indicators covering the entire range of public debt management functions.
14 indicators of debt performance together with assessment methodology
Identify strengths work out instructions
and weaknesses improve processes
tool

6. PI22- “Expenditure Arrears”
PEFA PI22 self-assessment results
MINISTRY OF FINANCE
REPUBLIC OF MOLDOVA
PI22- “Expenditure Arrears”
Component 22.1 Expenditure arrears, mln. Leu
Budget level
Indicators
2015
2016
2017
Score
National Budget
Expenditures
23,750.4
24,784.5
26,945.1
Other arrears
657.7
13.6
2.6
National social insurance budget
13,490.2
14,964.7
17,614.5 -
Mandatory health insurance funds
5132
5,673.5
6,260.8
Central Government’s Budget
Total expenditures
45,422.7
50,820.4
Total other arrears
Value
1.6%
0.03%
0.01% А

7. PEFA PI22 self-assessment results
MINISTRY OF FINANCE
REPUBLIC OF MOLDOVA
PI22- “Expenditure Arrears” Component 22.2 Expenditure Arrears Monitoring
Accounting – in each type of arrears, based on the source document showing the dates of incurring and redemption.
Monthly report on the status of arrears:
- The report is entered by budget institutions into the MoF information system monthly within 10 days of the month following the reporting period.
- Treasury ensures that reports are accepted and summarized until the 15th day of each month.
Sectoral financial directorates analyze the information and submit specific proposals to MoF management on how to reduce the arrears in controlled sectors, until the 18th day of each month.
SELF-ASSESSMENT
Component Expenditure arrears monitoring - А
PEFA PI22- Expenditure Arrears - А

8. THANK YOU FOR YOUR ATTENTION
MINISTRY OF FINANCE
REPUBLIC OF MOLDOVA
THANK YOU FOR YOUR ATTENTION