Financial Crime World

Fiscal Reports Cover a Wide Range of Institutions in Macedonia

The public sector in Macedonia comprises a vast network of institutions, with over 1,300 separate units operating across various legal forms. A new report from the country’s Treasury Department provides an overview of these institutions and their financial activities.

Overview of Public Sector Institutions

  • The central government is comprised of 398 budgetary units, including ministries and social security funds, as well as 131 extrabudgetary units.
  • Extrabudgetary units include public health institutions, regulatory agencies, and public enterprises.
  • The largest of these units are the Public Enterprise for State Roads (PESR), Macedonia Railways Infrastructure (MZT), and Macedonia Radio Television (MPT).

Role of Local Government

  • 668 local government units operate across the country, including municipalities and other government bodies controlled by municipalities.

Public Nonfinancial Corporations and Financial Corporations

  • The National Bank of the Republic of Macedonia (NBRM) is one example of a public financial corporation.
  • Public nonfinancial corporations also play a significant role in the country’s public sector.

Importance of Fiscal Reports

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The Treasury Department’s reports provide valuable insights into the fiscal activities of Macedonia’s public sector institutions. These reports help to ensure transparency and accountability in government finances.

“We believe that these reports are an important tool for tracking the country’s financial health,” said a spokesperson for the Treasury Department. “They allow us to identify areas where we can improve our financial management and make better decisions about how to allocate resources.”

Reports Available

The Treasury Department releases quarterly and annual reports on its website. The quarterly reports provide updates on budget execution, while the annual reports provide a comprehensive review of the country’s fiscal activities over the past year.

Quarterly reports provide updates on budget execution. Annual reports provide an overview of the country’s public sector institutions and their finances.

Encouragement to Access Reports

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“We encourage citizens to access these reports and learn more about how their government is managing public finances,” said the spokesperson.

For more information, please visit the Treasury Department’s website at [insert website URL].