Budgeting and Public Finance Management in the Czech Republic by Irena Valkova

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Presentation by Irina Valkova at the 7th annual meeting of the MENA Senior Budget Officials held on 10-11 December 2014. Find more information at http://www.oecd.org/gov/budgeting

Gouvernement et associations à but non lucratif

Budgeting and Public Finance
Management in the Czech Republic
Irena Valkova
State Budget Department

Budgeting and Public Finance Management
• Three-tierd public finance management
• Medium-term expenditure framework on rolling basis N+2
• Medium-term outlook N+2
• 12 budget classifications
• Reporting
• Supreme Audit Office

EU requirements /National fiscal reform
proposal
• Expenditure rule
• Debt brake
• Transparency
• Local governments rule
• National fiscal council

Thank you for your attention.
Irena Valkova
State Budget Department
Ministry of Finance
Czech Republic

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