Bosnia and Herzegovina : Country Financial Accountability Assessment
This Country Financial Accountability Assessment (CFAA) was prepared on the basis of the findings of a World Bank mission to Bosnia and Herzegovina in 2001, and reflects developments through early 2002. The CFAA was a constituent element of the Pub...
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| Format: | Country Financial Accountability Assessment |
| Language: | English en_US |
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Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2003/06/2821384/bosnia-herzegovina-country-financial-accountability-assessment http://hdl.handle.net/10986/14690 |
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okr-10986-14690 |
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oai_dc |
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Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
PUBLIC FINANCE POST-CONFLICT RECONSTRUCTION TRANSITIONAL ECONOMIES PUBLIC-PRIVATE PARTNERSHIPS PRIVATE SECTOR MANAGEMENT FINANCIAL MANAGEMENT FINANCIAL PLANNING GOVERNMENT PLANNING BUDGET PROCESS BUDGETARY SUPPORT BUDGET CONTROL RISK ASSESSMENT GOVERNMENT ACCOUNTING PUBLIC EXPENDITURES ACCOUNTING SYSTEMS ACCOUNTING STANDARDS AUDITING BUSINESS ENVIRONMENT CAPACITY BUILDING HUMAN RESOURCES DEVELOPMENT INVESTMENT OF PUBLIC FUNDS TECHNICAL ASSISTANCE FISCAL CONSTRAINTS CONSENSUS APPROACH INFORMATION MANAGEMENT REFORM POLICY ADMINISTRATIVE CAPABILITY LEGAL FRAMEWORK POLITICAL POWER CORRUPT PRACTICES CONFLICT OF INTERESTS PARLIAMENTARY SYSTEM ACCOUNT ACCOUNTABILITY ACCOUNTANCY ACCOUNTANTS ACCOUNTING RECORDS ACCOUNTING STANDARDS ACCOUNTING SYSTEMS ACCOUNTS ADMINISTRATIVE AUTHORITY ANTI-CORRUPTION ATTESTATION AUDIT COMMITTEES AUDITING AUDITORS AUDITS AUTONOMY BORROWING BUDGET EXECUTION BUDGET MANAGEMENT BUDGET REVENUES BUDGETARY FUNDS BUDGETARY INSTITUTIONS BUDGETARY RESOURCES BUDGETARY SUPPORT BUDGETING CASH MANAGEMENT CENTRAL BANK OF BOSNIA AND HERZEGOVINA CENTRAL GOVERNMENTS CENTRALIZATION CITIZENS CONSENSUS CONSOLIDATION CORRUPTION DEBT MANAGEMENT DECISION-MAKING DEMOCRACY DISCLOSURE EBF EFFECTIVE GOVERNANCE EXECUTION EXECUTIVE POWER EXPENDITURES FINANCIAL ACCOUNTABILITY FINANCIAL ACCOUNTING FINANCIAL INFORMATION FINANCIAL MANAGEMENT FINANCIAL MANAGEMENT SYSTEMS FINANCIAL PLANNING FINANCIAL REPORTING FINANCIAL SECTOR FISCAL FISCAL MANAGEMENT FISCAL RESOURCES FISCAL SUSTAINABILITY FISCAL YEAR FOREIGN DEBT FOREIGN TRADE GOVERNMENT INSTITUTIONS GOVERNMENT SECTOR GOVERNMENTAL STRUCTURE GROSS DOMESTIC PRODUCT INSTITUTIONAL FRAMEWORK INTERNAL AUDIT INTERNAL AUDITING INTERNAL CONTROLS INTERNATIONAL ACCOUNTING STANDARDS LAWS LEGAL FRAMEWORK LEGAL PROVISIONS LEGALITY LEGISLATION LEGISLATIVE FRAMEWORK LEGISLATIVE OVERSIGHT LEGISLATURE MINISTRY OF FINANCE MUNICIPAL INFRASTRUCTURE MUNICIPALITIES POLITICAL CONTROL PRIVATE SECTOR PRIVATIZATION PROCUREMENT PUBLIC ADMINISTRATION PUBLIC ADMINISTRATION INSTITUTIONS PUBLIC DISCLOSURE PUBLIC EXPENDITURE PUBLIC EXPENDITURE MANAGEMENT PUBLIC FINANCE PUBLIC FINANCE MANAGEMENT PUBLIC FINANCE SECTOR PUBLIC INSTITUTIONS PUBLIC RESOURCES PUBLIC SECTOR PUBLIC SECTOR ACCOUNTING REGULATORY FRAMEWORK REPORTING SYSTEMS SOCIAL SECURITY STATE AGENCIES STATE GOVERNMENT STATE INSTITUTIONS TECHNICAL ASSISTANCE TRANSPARENCY TREASURY |
| spellingShingle |
PUBLIC FINANCE POST-CONFLICT RECONSTRUCTION TRANSITIONAL ECONOMIES PUBLIC-PRIVATE PARTNERSHIPS PRIVATE SECTOR MANAGEMENT FINANCIAL MANAGEMENT FINANCIAL PLANNING GOVERNMENT PLANNING BUDGET PROCESS BUDGETARY SUPPORT BUDGET CONTROL RISK ASSESSMENT GOVERNMENT ACCOUNTING PUBLIC EXPENDITURES ACCOUNTING SYSTEMS ACCOUNTING STANDARDS AUDITING BUSINESS ENVIRONMENT CAPACITY BUILDING HUMAN RESOURCES DEVELOPMENT INVESTMENT OF PUBLIC FUNDS TECHNICAL ASSISTANCE FISCAL CONSTRAINTS CONSENSUS APPROACH INFORMATION MANAGEMENT REFORM POLICY ADMINISTRATIVE CAPABILITY LEGAL FRAMEWORK POLITICAL POWER CORRUPT PRACTICES CONFLICT OF INTERESTS PARLIAMENTARY SYSTEM ACCOUNT ACCOUNTABILITY ACCOUNTANCY ACCOUNTANTS ACCOUNTING RECORDS ACCOUNTING STANDARDS ACCOUNTING SYSTEMS ACCOUNTS ADMINISTRATIVE AUTHORITY ANTI-CORRUPTION ATTESTATION AUDIT COMMITTEES AUDITING AUDITORS AUDITS AUTONOMY BORROWING BUDGET EXECUTION BUDGET MANAGEMENT BUDGET REVENUES BUDGETARY FUNDS BUDGETARY INSTITUTIONS BUDGETARY RESOURCES BUDGETARY SUPPORT BUDGETING CASH MANAGEMENT CENTRAL BANK OF BOSNIA AND HERZEGOVINA CENTRAL GOVERNMENTS CENTRALIZATION CITIZENS CONSENSUS CONSOLIDATION CORRUPTION DEBT MANAGEMENT DECISION-MAKING DEMOCRACY DISCLOSURE EBF EFFECTIVE GOVERNANCE EXECUTION EXECUTIVE POWER EXPENDITURES FINANCIAL ACCOUNTABILITY FINANCIAL ACCOUNTING FINANCIAL INFORMATION FINANCIAL MANAGEMENT FINANCIAL MANAGEMENT SYSTEMS FINANCIAL PLANNING FINANCIAL REPORTING FINANCIAL SECTOR FISCAL FISCAL MANAGEMENT FISCAL RESOURCES FISCAL SUSTAINABILITY FISCAL YEAR FOREIGN DEBT FOREIGN TRADE GOVERNMENT INSTITUTIONS GOVERNMENT SECTOR GOVERNMENTAL STRUCTURE GROSS DOMESTIC PRODUCT INSTITUTIONAL FRAMEWORK INTERNAL AUDIT INTERNAL AUDITING INTERNAL CONTROLS INTERNATIONAL ACCOUNTING STANDARDS LAWS LEGAL FRAMEWORK LEGAL PROVISIONS LEGALITY LEGISLATION LEGISLATIVE FRAMEWORK LEGISLATIVE OVERSIGHT LEGISLATURE MINISTRY OF FINANCE MUNICIPAL INFRASTRUCTURE MUNICIPALITIES POLITICAL CONTROL PRIVATE SECTOR PRIVATIZATION PROCUREMENT PUBLIC ADMINISTRATION PUBLIC ADMINISTRATION INSTITUTIONS PUBLIC DISCLOSURE PUBLIC EXPENDITURE PUBLIC EXPENDITURE MANAGEMENT PUBLIC FINANCE PUBLIC FINANCE MANAGEMENT PUBLIC FINANCE SECTOR PUBLIC INSTITUTIONS PUBLIC RESOURCES PUBLIC SECTOR PUBLIC SECTOR ACCOUNTING REGULATORY FRAMEWORK REPORTING SYSTEMS SOCIAL SECURITY STATE AGENCIES STATE GOVERNMENT STATE INSTITUTIONS TECHNICAL ASSISTANCE TRANSPARENCY TREASURY World Bank Bosnia and Herzegovina : Country Financial Accountability Assessment |
| geographic_facet |
Europe and Central Asia Bosnia and Herzegovina |
| description |
This Country Financial Accountability
Assessment (CFAA) was prepared on the basis of the findings
of a World Bank mission to Bosnia and Herzegovina in 2001,
and reflects developments through early 2002. The CFAA was a
constituent element of the Public Expenditure and
Institutional Review (PEIR) published in June 2002 on the
basis of work carried out in 2001-2002, and the key findings
of the CFAA on the public expenditure policy and
institutional framework form a significant part of the PEIR
section dealing with financial management in the government
sector. While some of the diagnosis presented in this CFAA
may have been overtaken by events since early 2002, most of
its recommendations remain valid and the report provides a
sound analytical framework for ongoing reforms in the field
of public expenditure management. The country is in
transition not only to a market and a post-war economy, but
also to a peculiar (and still fragile) conception of
statehood. Public administration in BiH combines pre-war,
wartime and post-war institutions, often exercising
overlapping administrative authority. The administrative
organs operating within a complex governmental structure,
the international strategy focus is on building the
institutional base of BiH's democracy and fiscal
management, using international influence to protect key
institutions during their vulnerable early phase, and bring
them to a point where they can sustain themselves after
international support is withdrawn. At the same time, the
way to Europe being the creation of a single free economic
space in BIH, harmonization and creation of common
institutions are crucial. Statehood needs to be reinforced
and specific areas need to be strengthened in the two
Entities in view of the requirements for EU accession. The
CFAA recommends support of the shift of key institutions and
processes from the Entities to the State as advocated by the
IC. Such a shift would empower State institutions with
stable and predictable budgetary resources and ensure
harmonized fiscal management and oversight. At the same
time, to mitigate concerns about over-centralization,
effective governance should be promoted at the cantonal and
municipal levels, where financial accountability is also weak. |
| format |
Economic & Sector Work :: Country Financial Accountability Assessment |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Bosnia and Herzegovina : Country Financial Accountability Assessment |
| title_short |
Bosnia and Herzegovina : Country Financial Accountability Assessment |
| title_full |
Bosnia and Herzegovina : Country Financial Accountability Assessment |
| title_fullStr |
Bosnia and Herzegovina : Country Financial Accountability Assessment |
| title_full_unstemmed |
Bosnia and Herzegovina : Country Financial Accountability Assessment |
| title_sort |
bosnia and herzegovina : country financial accountability assessment |
| publisher |
Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2003/06/2821384/bosnia-herzegovina-country-financial-accountability-assessment http://hdl.handle.net/10986/14690 |
| _version_ |
1764428421524357120 |
| spelling |
okr-10986-146902021-04-23T14:03:17Z Bosnia and Herzegovina : Country Financial Accountability Assessment World Bank PUBLIC FINANCE POST-CONFLICT RECONSTRUCTION TRANSITIONAL ECONOMIES PUBLIC-PRIVATE PARTNERSHIPS PRIVATE SECTOR MANAGEMENT FINANCIAL MANAGEMENT FINANCIAL PLANNING GOVERNMENT PLANNING BUDGET PROCESS BUDGETARY SUPPORT BUDGET CONTROL RISK ASSESSMENT GOVERNMENT ACCOUNTING PUBLIC EXPENDITURES ACCOUNTING SYSTEMS ACCOUNTING STANDARDS AUDITING BUSINESS ENVIRONMENT CAPACITY BUILDING HUMAN RESOURCES DEVELOPMENT INVESTMENT OF PUBLIC FUNDS TECHNICAL ASSISTANCE FISCAL CONSTRAINTS CONSENSUS APPROACH INFORMATION MANAGEMENT REFORM POLICY ADMINISTRATIVE CAPABILITY LEGAL FRAMEWORK POLITICAL POWER CORRUPT PRACTICES CONFLICT OF INTERESTS PARLIAMENTARY SYSTEM ACCOUNT ACCOUNTABILITY ACCOUNTANCY ACCOUNTANTS ACCOUNTING RECORDS ACCOUNTING STANDARDS ACCOUNTING SYSTEMS ACCOUNTS ADMINISTRATIVE AUTHORITY ANTI-CORRUPTION ATTESTATION AUDIT COMMITTEES AUDITING AUDITORS AUDITS AUTONOMY BORROWING BUDGET EXECUTION BUDGET MANAGEMENT BUDGET REVENUES BUDGETARY FUNDS BUDGETARY INSTITUTIONS BUDGETARY RESOURCES BUDGETARY SUPPORT BUDGETING CASH MANAGEMENT CENTRAL BANK OF BOSNIA AND HERZEGOVINA CENTRAL GOVERNMENTS CENTRALIZATION CITIZENS CONSENSUS CONSOLIDATION CORRUPTION DEBT MANAGEMENT DECISION-MAKING DEMOCRACY DISCLOSURE EBF EFFECTIVE GOVERNANCE EXECUTION EXECUTIVE POWER EXPENDITURES FINANCIAL ACCOUNTABILITY FINANCIAL ACCOUNTING FINANCIAL INFORMATION FINANCIAL MANAGEMENT FINANCIAL MANAGEMENT SYSTEMS FINANCIAL PLANNING FINANCIAL REPORTING FINANCIAL SECTOR FISCAL FISCAL MANAGEMENT FISCAL RESOURCES FISCAL SUSTAINABILITY FISCAL YEAR FOREIGN DEBT FOREIGN TRADE GOVERNMENT INSTITUTIONS GOVERNMENT SECTOR GOVERNMENTAL STRUCTURE GROSS DOMESTIC PRODUCT INSTITUTIONAL FRAMEWORK INTERNAL AUDIT INTERNAL AUDITING INTERNAL CONTROLS INTERNATIONAL ACCOUNTING STANDARDS LAWS LEGAL FRAMEWORK LEGAL PROVISIONS LEGALITY LEGISLATION LEGISLATIVE FRAMEWORK LEGISLATIVE OVERSIGHT LEGISLATURE MINISTRY OF FINANCE MUNICIPAL INFRASTRUCTURE MUNICIPALITIES POLITICAL CONTROL PRIVATE SECTOR PRIVATIZATION PROCUREMENT PUBLIC ADMINISTRATION PUBLIC ADMINISTRATION INSTITUTIONS PUBLIC DISCLOSURE PUBLIC EXPENDITURE PUBLIC EXPENDITURE MANAGEMENT PUBLIC FINANCE PUBLIC FINANCE MANAGEMENT PUBLIC FINANCE SECTOR PUBLIC INSTITUTIONS PUBLIC RESOURCES PUBLIC SECTOR PUBLIC SECTOR ACCOUNTING REGULATORY FRAMEWORK REPORTING SYSTEMS SOCIAL SECURITY STATE AGENCIES STATE GOVERNMENT STATE INSTITUTIONS TECHNICAL ASSISTANCE TRANSPARENCY TREASURY This Country Financial Accountability Assessment (CFAA) was prepared on the basis of the findings of a World Bank mission to Bosnia and Herzegovina in 2001, and reflects developments through early 2002. The CFAA was a constituent element of the Public Expenditure and Institutional Review (PEIR) published in June 2002 on the basis of work carried out in 2001-2002, and the key findings of the CFAA on the public expenditure policy and institutional framework form a significant part of the PEIR section dealing with financial management in the government sector. While some of the diagnosis presented in this CFAA may have been overtaken by events since early 2002, most of its recommendations remain valid and the report provides a sound analytical framework for ongoing reforms in the field of public expenditure management. The country is in transition not only to a market and a post-war economy, but also to a peculiar (and still fragile) conception of statehood. Public administration in BiH combines pre-war, wartime and post-war institutions, often exercising overlapping administrative authority. The administrative organs operating within a complex governmental structure, the international strategy focus is on building the institutional base of BiH's democracy and fiscal management, using international influence to protect key institutions during their vulnerable early phase, and bring them to a point where they can sustain themselves after international support is withdrawn. At the same time, the way to Europe being the creation of a single free economic space in BIH, harmonization and creation of common institutions are crucial. Statehood needs to be reinforced and specific areas need to be strengthened in the two Entities in view of the requirements for EU accession. The CFAA recommends support of the shift of key institutions and processes from the Entities to the State as advocated by the IC. Such a shift would empower State institutions with stable and predictable budgetary resources and ensure harmonized fiscal management and oversight. At the same time, to mitigate concerns about over-centralization, effective governance should be promoted at the cantonal and municipal levels, where financial accountability is also weak. 2013-07-31T20:19:59Z 2013-07-31T20:19:59Z 2003-06-10 http://documents.worldbank.org/curated/en/2003/06/2821384/bosnia-herzegovina-country-financial-accountability-assessment http://hdl.handle.net/10986/14690 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Country Financial Accountability Assessment Economic & Sector Work Europe and Central Asia Bosnia and Herzegovina |