1. Evolution of Expenditure Controls
TCOP PEMPAL Plenary
Evolution of Expenditure Controls
Armenia, Kyrgyzstan, Moldova, Russia and Tajikistan
Budapest (Hungary), June 5-7, 2019

2. (what initiatives are under discussion)?
Has automation changed the treasury’s thinking about central controls? If so, in what way?
(what initiatives are under discussion)?
Automation of controls to check for appropriations and reserve liquidity for commitments when registering contacts are leaps forward in the evolution of controls – they are in place in all countries in various degrees, Moldova is at the stage of commitment registration
Importance of links between e-treasury and e-procurement– implemented in 4 countries; Tajikistan – work in progress
Automation of controls in FMIS enhances spending units’ accountability and improves quality of control

3. Which spending control evolution trends are observed in your group?
No more monthly (quarterly) within-year spending limits: Moldova, Russia – annual limits; Armenia – tight quarterly limits
Liquidity forecasting and management takes on a bigger role – Russia
There is a need to revise fixed payment deadlines – work in progress in Russia; internal deadlines in Moldova
Procurement plans become more important– Russia and Armenia
Moving towards risk-based approach - similar to “green corridor”, risk-based classification of payments – Russia

4. Thank you!