## 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](https://www.imf.org/en/publications/cr/issues/2016/12/31/greece-report-on-the-observance-of-standards-and-codes-fiscal-transparency-module-update-18045)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/greece-report-on-the-observance-of-standards-and-codes-fiscal-transparency-module-update-18045/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/greece-report-on-the-observance-of-standards-and-codes-fiscal-transparency-module-update-18045/index.json)
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## Bibliographic details
- Published: February 10, 2005
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451816204.002

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### 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

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/greece-report-on-the-observance-of-standards-and-codes-fiscal-transparency-module-update-18045_