UN: Balkan countries meet minimum requirements of fiscal transparency, what Kosovo report says

UN: Balkan countries meet minimum requirements of fiscal transparency, what Kosovo report says

In the new US State Department report, Western Balkan countries Serbia, Montenegro, Kosovo, Bosnia and Herzegovina and Northern Macedonia ranks among the countries that meet the minimum requirements of fiscal transparency. The report stresses that out of the estimated 140 countries, 72 meet the minimum requirements of fiscal transparency. [...]

In the new US State Department report, Western Balkan countries Serbia, Montenegro, Kosovo, Bosnia and Herzegovina and Northern Macedonia ranks among the countries that meet the minimum requirements of fiscal transparency.

Report Stressing that out of the estimated 140 countries, 72 meet the minimum requirements of fiscal transparency.

Of those that fail to meet, the report says, 25 have made significant progress towards meeting these requirements.

Fiscal transparency is a key element of effective management of public finances and helps build trust on the market”, says the US State Department report, published 27 June.

“Minimum fiscal transparency requirements include the possession of budgetary documents that are available to the public, essentially fully and generally reliable”, it is also said in the report.

The report covers the period from January 1st to December 31st, 2022.

The assessment took into account information from American embassies and consulates, from international organisations and civil society organisations.

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