Republic of Lithuania: Report on the Observance of Standards and Codes-Fiscal Transparency Module
November 12, 2002
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This report examines the Observance of Standards and Codes on Fiscal Transparency for the Republic of Lithuania. Lithuania’s fiscal institutional framework meets many requirements of the Code of Good Practices on Fiscal Transparency. Important strengths are clearly defined roles and responsibilities of the three branches of government; limited scope for quasi-fiscal activity at the central government level; and binding debt rules for all levels of government. The reforms that are being implemented promise to ultimately move Lithuania toward best practices in several areas.
Subject: Budget execution and treasury management, Budget planning and preparation, Fiscal accounting and reporting, Fiscal policy, Fiscal transparency, Internal audit, Public financial management (PFM)
Keywords: annual budget, asset registry, audit program, Budget planning and preparation, budget year, central government, CR, debt data, debt statistic, government asset, government debt statistic, government deposit, government obligation, government regulation, government resolution, internal audit, Internal audit, ISCR, policy tool, strategic planning effort
Pages:
32
Volume:
2002
DOI:
Issue:
250
Series:
Country Report No. 2002/250
Stock No:
1LTUEA0052002
ISBN:
9781451824087
ISSN:
1934-7685
