Greece: Report on the Observance of Standards and Codes—Fiscal Transparency Module—Update
IMF Staff Country Reports, February 10, 2005
Source details
- Canonical URL
- Greece: Report on the Observance of Standards and Codes—Fiscal Transparency Module—Update
Other formats
Bibliographic details
- Published: February 10, 2005
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451816204.002
Executive summary
- This paper presents an update to the Report on the Observance of Standards and Codes (ROSC)—Fiscal Transparency Module for Greece.
- Progress since joining the European Union includes:
- Separating government from nongovernment functions.
- More tightly delineating the boundaries between the government and the rest of the public sector.
- Development of a consistent legal framework to support these changes.
- Remaining issues:
- A few areas where roles and responsibilities could be more clearly defined.
Key findings
- Institutional and legal advances:
- A consistent legal framework has been developed to separate government from nongovernment functions and to delineate public sector boundaries.
- Implementation gaps:
- Certain roles and responsibilities within the public sector remain insufficiently defined.
Thematic coverage
- Subjects addressed in the report:
- Auditing
- Budget execution and treasury management
- Budget planning and preparation
- Expenditure
- Fiscal accounting and reporting
- Fiscal transparency
- Public financial management (PFM)
Keywords and focus areas
- Keywords listed:
- audit, Auditing, budget, Budget planning and preparation, CR, Fiscal accounting and reporting, government, Greece, Greece's subscription, ISCR, policy objective, privatization agency, public expenditure management systems, ROSC