Slovak Republic: Technical Assistance Report-Fiscal Transparency Evaluation

IMF Staff Country Reports, November 3, 2023

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Canonical URL: Slovak Republic: Technical Assistance Report-Fiscal Transparency Evaluation

The evaluation confirms Slovakia’s "generally strong record of accomplishment on fiscal transparency."
"Most aspects of Slovakia’s fiscal reporting, budgeting and risk management are in line with the good or advanced practices of the IMF’s Fiscal Transparency Code (FTC)."
The "broad coverage of institutions in fiscal reports, which extends across the whole public sector, both in terms of stocks and flows, makes Slovakia one of the world leaders in the reporting of a public sector balance sheet."
The evaluation "highlights several areas where Slovakia’s fiscal transparency practices could be further improved."

The report "provides a series of recommendations to address the above-mentioned gaps."
Recommendations are described as "actionable and targeted" and "have been selected according to the importance of the key issues facing Slovakia."

The report "compiles a public sector balance sheet for Slovakia using publicly available information and information supplied by the authorities."
It also "provides a comparison with country peers."

Primary focus: Fiscal Transparency Evaluation.
Subjects listed: Budget planning and preparation; Economic sectors; Expenditure; Financial statements; International organization; Monetary policy; Public debt; Public financial management (PFM); Public sector.
Keywords include: authorities of the Slovak Republic; Budget planning and preparation; Financial statements; General government investment; Global; government finance statistics manual; local government; multiannual expenditure ceiling; Public sector.