Česky

Anticorruption barometer


Update history

Transparent and effective public investment — #99 Cost and benefit analysis

Before anyone decides to carry out a project paid from public funds it is necessary to determine the costs of such project in advance and the benefits which it will bring to citizens for the overall period of its expected existence.


Justification and sources

Selected update

Updated: 06/2016 Parameter update history

Effectiveness:
75%
Progression:
50%
The law proposal is in the Gov't

The proposal of the Act on management and control of public finances requires, within the framework of the preliminary assessment of an expenditure operation, that before planned expenditure from the public budget the public need to be satisfied as well its justification be assessed as well as the amount of funds to be expended in the preparatory, realization and operational phase. The obligation to perform the preliminary assessment is, however, dependent – next to the amount to be set by an internal regulation of the authority in question – , on the risk evaluation of the main economists of the same authority, so that the assessment may not be performed in the same way by all public authorities.

Compared to current state


Updated: 12/2016 Parameter update history

Effectiveness:
75%
Progression:
60%
The law proposal is in the Lower Chamber

The proposal of the Act on management and control of public finances, which is in the Lower Chamber of the Parliament, requires, within the framework of the preliminary assessment of an expenditure operation, that before planned expenditure from the public budget the public need to be satisfied as well its justification be assessed as well as the amount of funds to be expended in the preparatory, realization and operational phase. The obligation to perform the preliminary assessment is, however, dependent – next to the amount to be set by an internal regulation of the authority in question – , on the risk evaluation of the main economists of the same authority, so that the assessment may not be performed in the same way by all public authorities.