Strengthened Mid-Term Budgeting, Spending Reviews, and Budget Transparency in Bulgaria

Strengthened Mid-Term Budgeting, Spending Reviews, and Budget Transparency in Bulgaria

Informed by the BCOP knowledge, the Ministry of Finance, together with line ministries, conducted a review and prioritization of performance indicators in budget programs and identified Key Performance Indicators to track progress towards achieving national and EU strategic targets, including in the medium-term government budget forecast. Bulgaria also leveraged PEMPAL BCOP advice to conduct rapid spending reviews during the pandemic. Budget transparency and the quality of budget documentation also improved. 

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