Knowledge Sharing on the Costing of Structural Reforms: North Macedonia (By Invitation)
Structural reform measures outlined in the Economic Reform Programmes (ERPs) are set to tackle the most important structural obstacles to the competitiveness and inclusive growth of a country. However, structural reforms outlined in the ERP shall also reflect country’s medium-term priorities in the areas of public finance management, health care, green transition and digital transformation. By implementing these structural reforms, countries aspire to embrace the opportunities and minimize the potential negative implications of such transformations. When macro-fiscal stability and fiscal risks are potentially disrupted by a substantial number of policy areas newly introduced to the ERP, it is even more important that all measures are well prioritized and realistically costed and funded.
About this learning event
As a response, the objective of this event is to provide a platform for assessing the scope and accuracy of envisaged implementation costs and funding sources for the measures proposed for inclusion in the 2022–2024 ERP in line with the Methodological Guidance for Costing of Structural Reforms (Costing Guidance) and the European Commission‘s Guidance for the ERP 2022-2024, while the descriptions of these measures will be assessed if they provide sufficient information for doing proper costing.
What will you learn
This event will be oriented towards practical implementation of the Costing Guidance of structural reforms to be included in the next ERP. Participants will have a possibility to jointly work with lecturing experts and peers from other institutions involved in ERP preparation, to assess and determine the prospects for overcoming the main costing challenges. In particular, participants will have the opportunity to strengthen their skills needed for assessing fiscal implications of structural reforms by:
- Learning about the novelties from the European Commission‘s Guidance for the ERP 2022-2024 and how they influence the ERP preparation process
- Refreshing the knowledge about the Methodological Guidance for Costing of Structural Reforms and how to practically implement it on the draft measures
- Appraising how well-articulated measures’ description and sequencing can contribute to realistic costs and secured funding for their implementation
- Assessing how to streamline the process of cooperation and information exchange among line ministries, the budget department of the Ministry of Finance and the ERP Coordinator
The event builds on the knowledge shared and lessons learned during the series of events delivered under the FISR project for the public officials from North Macedonia from 2019–2021 while acknowledging identified country-specific learning needs.
Who should attend
Invited to participate are the officials involved in the design, costing and budgeting of structural reforms outlined in the ERP, which include:
- National ERP Coordinator and Coordinator for the ERP Chapter 3 on Structural Reforms
- Members of the working group for the ERP preparation
- Officials working at the finance and policy departments of line ministries
- Officials working at the budget department of the Ministry of Finance
- Policy planning experts from the government’s policy coordination body and/or Prime Minister“s office
Faculty
The learning initiative will be delivered by:
- Saša Jazbec, CEF Expert, Former State Secretary, Ministry of Finance, Slovenia
- Silvana Mojsovska, CEF Expert, Professor at the Institute of Economics, Skopje, North Macedonia
Partners
This event is delivered as part of the EU funded multi-country project “Strengthening Line Ministries’ Capacities to Assess Fiscal Implications of Structural Reforms” (FISR) implemented by the CEF.
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