New IMF Public Financial Management Advisor for South East Europe Joined the CEF

Mr. Duncan Paul Last joined us at the CEF in the position of IMF Public Financial Management Advisor for South East Europe. The CEF therefore continues to host two IMF FAD advisors and their support staff, whose efforts are funded by the Japanese government. Mr. Last offers 28 years practical experience…

CEF Issued Second Edition of the Book on Linking Structural Reforms to the Budget

The CEF has published the second edition of the Fiscal Impact Assessment of Structural Reforms: Case Studies on South East Europe. Covering nine countries, the book presents in-depth needs assessment on a key issue that has not been sufficiently addressed: how the costs of these reforms are integrated…

Delivery of Certificates and Opening Ceremony for the Training of Internal Auditors

The closing event with delivery of certificates for the first generation of students enrolled in the Training of Internal Auditors in the Public Sector in Macedonia took place on October 21, 2014 in Skopje. At the same time the opening ceremony for the second generation of students that will be enrolled…

In Focus: CEF and IMF Led Discussions on Fiscal Transparency and Revenue Administration Reform

The CEF and the International Monetary Fund (IMF) Fiscal Affairs Department held the “High-Level Policy Dialogue on Strengthening the Role of Good Governance through Increased Fiscal Transparency and Revenue Administration Reform in South East Europe” at the IMF and World Bank Group (WBG) 2014 Annual…

What to Consider when Initiating High-Wealth Personal Income Tax Compliance Initiative

Heads of tax administrations and managers currently responsible for the tax administration’s compliance efforts related to ensuring that high wealth individuals (HWIs) are complying with their obligations from South East European (SEE) countries will meet on November 27-28, 2014 at the CEF to discuss…

Importance of Financial Reporting in Light of the Accession Process to the EU

Former Chief Executive of the Chartered Institute of Public Finance and Accountancy (CIPFA) Mr. Noel Hepworth shared with us his reflections on the importance of financial reporting in the light of the process of joining to the EU. Mr. Hepworth regularly lectures at the CEF. Our learning events importantly…

Strengthening Capacities in Financial Reporting in the SEE Region

Good financial information is essential for decision-making about public finances. In the last decade important new developments have taken place in the area of financial reporting. These new developments are reflected in revisions of the standards that international organizations, including the European…

Meetings of CEF Coordinators and Advisory Board Concluded on a Successful Note

The 2014 annual meetings of the CEF coordinators and CEF Advisory Board were organized back to back. This enabled the coordinators, who are involved in the development of strategic learning capability of our member institutions, to share and discuss information on their institutions' capacity development…

SPB Newsfeed: Public Investments - The Importance of Planning and Integration in Budget Processes

Effective planning and implementation of public investments are important in ensuring a country’s social and economic development and its financial stability. In many transition countries budgeting for public investments is not yet fully integrated into the formal budget formulation processes. This results…

In Focus: SPB Newsfeed: We are Launching our New E-learning Course on Budget Formulation

We are launching our new e-learning course on budget formulation targeted at public officials in South East Europe working in finance and line ministries. The course specifically addresses the needs of public finance officials who have recently joined public institutions and are looking to better understand…