Anticorruption barometer

The proposal of the Act on management and control of public finance which would replace the existing dysfunctional Act on financial control in public administration was during its preparation at the Ministry of finance re-worked several times. The final version submitted by the ministry of finance to the government for adoption unfortunately does not include crucial mechanisms for an efficient system of internal audit or reduction of duplicit and ineffective inspections and checks. At the same time, the conflict of interest in spending public funds as well as the independence of the audit body is not dealt with sufficiently. Compared to the current state resulting from the deficient Act on financial control is the proposal of the new Act only a tiny step forward.

The proposal of the Act on management and control of public finance, which should replace the existing dysfunctional Act on financial control in public administration was returned by the Upper Chamber to the Lower Chamber of the Parliament for the final vote. The Act does not include crucial mechanisms for an efficient system of internal audit or reduction of duplicit and ineffective inspections and checks. The Act diverges from the European and international audit standards applicable to the public administration. At the same time, the conflict of interest in spending of public funds as well as the independence of the audit body is not dealt with sufficiently