Working group meeting at MinFin

Working group meeting at MinFin
15 June 2011

IMG Continues Working at Interbudgetary Relations Improvement

     A scheduled meeting of the Interdepartmental Working Group on local budgets and interbudgetary relations took place at the Ministry of Finance on 15 June 2011.  MFSI/IBSER took part in the meeting and in discussing issues regarding the amending of the legislation in effect and adopting new acts that would promote the efficient management of budget resources and the optimization of the structure of expenditures.
     Also, the meeting participants discussed issues related to indicators regarding 2012 local budget revenue forecasts (both those indicators that are taken into account and those disregarded when determining the amount of intergovernmental transfers), and the amount of State budget General Fund revenues used for remitting the equalization grant to local budgets.