Moldova first joined PEMPAL in 2006, at a stage when its internal audit and internal control reforms had only just started implementation, when people from the public administration had ideas about such reforms only from theoretical knowledge gained in universities. Now in 2016, Moldova has its own good national practices and already established processes, including laws, regulations and other procedures that have benefited from peer-to-peer advice and practical knowledge from other PEMPAL countries.
Use of Information Technologies in Treasury Operations is one of the topics of priority interest for the TCOP members. In 2013 a dedicated thematic group was established, enabling deeper and more regular discussions on specific issues for the interested members from 10 TCOP countries. The group puts an emphasis on studying member country experiences as well as best international practices, with particular focus on practical lessons learnt from implementation of FMIS and live demonstrations of the systems’ functionality. The group membership enables the participants to gain valuable information and practical advice which are not otherwise available from other sources. This brochure summarizes the main findings of the group events and their impact on the reforms implemented in PEMPAL countries.
PEMPAL Success Stories: Use of IT in Treasury Operations
Program and performance budgeting reforms were first raised by PEMPAL Budget COP members in 2012 in Slovenia, and subsequent meetings were held in 2013 and 2014 in Albania and Turkey respectively with reforms reviewed after each annual budget cycle. Up to 21 countries met in these meetings given the priority given by member countries to these reforms. In 2016, a working group was formed, led by the Russian Federation and member countries on the BCOP Executive Committee, who could meet more regularly largely through videoconference to facilitate further progress. The key objective of the Working Group is to identify main trends observed in PEMPAL countries in introducing program budgeting and expenditure reviews so that efficient approaches to the adoption of such practices can be subsequently developed. The main achievements of the group can be found in the broshure below.
The topic of ‘fiscal transparency and accountability’ was first chosen as a priority in 2013 by the PEMPAL Executive, which is represented by senior government levels from 16 of the 21 member countries in the three thematic COPs of budget, treasury and internal audit. The topic was chosen due to its relevance to central finance agencies and its potential to improve governance. A Budget Literacy and Transparency Working Group was formed in 2015 to learn from international experience with raising budget literacy among citizens and budget openness and accessibility. This brochure summarizes the main results of the workinsg group.
Georgia Ministry of Finance has been actively using PEMPAL to advance reforms in public financial management since 2012. Georgia used PEMPAL as a valuable resource in the design and implementation of an integrated FMIS. Nino Tchelishvili, Deputy Head of the Treasury Service of Georgia: "PEMPAL has been used by the Georgian MoF as a source of treasury related international standards and norms, backed up with advice and experience on regional practical implementation. It is a valuable tool that I use for both my personal and professional development, and the advancement of PFM reforms in my organization."