Technical Assistance Reports

Slovak Republic: Technical Assistance Report-Next Phase of Spending Reviews

February 7, 2025

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International Monetary Fund. Fiscal Affairs Dept. "Slovak Republic: Technical Assistance Report-Next Phase of Spending Reviews", Technical Assistance Reports 2025, 011 (2025), accessed April 19, 2025, https://doi.org/10.5089/9798400299421.019

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Summary

Slovak Republic has made significant progress in institutionalizing spending reviews, having completed spending reviews covering 64 percent of total public spending since initiating the spending review project eight years ago. Despite progress, challenges remain, and important choices will need to be made going forward to enhance the budgetary impact of spending reviews. This may be done through more targeted spending reviews, a more comprehensive analysis of potential measures, strengthened coordination within the Ministry of Finance and with line ministries, as well as their better integration into the budget cycle.

Subject: Budget planning and preparation, Expenditure, Expenditure efficiency, Public expenditure review, Public financial management (PFM), Total expenditures

Keywords: Budget planning and preparation, Budgeting, Expenditure efficiency, Expenditure reviews, Fiscal consolidation, IMF FAD mission, IMF's Fiscal Affairs Department, Instrumentalities of the TA recipient, Line ministry budget unit, Public expenditure review, Slovak Republic., Spending reviews, Total expenditures, Value for money, World Bank staff

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