and control over budget execution by IBBs DLI8: Percentage Commitments—assumed Yes FMIS standard and Review by the Public Policy DLI for year 1 (70%); of commitments in liabilities by budget tailored reports Secretariat of reported data from DLI for year 2 (80%); BES entered within beneficiaries for which the the FMIS on payments and DLI for year 3 (90%) the required funds are committed in the Audit trail of the FMIS reporting of commitments deadline, per the FMIS against respective Assessment dates: legislation on beneficiary’s budget Calculation: Amount (in RSD) December 31, 2016, Deadlines for appropriation. of commitments in BES entered 2017, and 2018 Payments in within the required deadline per Commercial BES—as defined in rulebook the legislation on Deadlines for PDO Indicator 6 Transactions (%) on the system of budget Payments in Commercial execution, that is, a system Transactions/ Total amount of operated by the TA through commitments (in RSD) entered the FMIS application, in BES during the review period covers all budget expenditures *100 incurred by entities included in the system. RINO by-law (to Law on Deadlines of Payments in Commercial on supervision of implementation of the RINO Law (October 2015) prescribes that budget beneficiaries are obliged to report commitments within three days after those have been assumed.
and control over budget execution by IBBs DLI8: Percentage of commitments in BES entered within the required deadline, per the legislation on Deadlines for Payments in Commercial Transactions (%) Commitments—assumed liabilities by budget beneficiaries for which the funds are committed in the FMIS against respective beneficiary’s budget appropriation. BES—as defined in rulebook on the system of budget execution, that is, a system operated by the TA through the FMIS application, covers all budget expenditures incurred by entities included in the system. RINO by-law (to Law on Deadlines of Payments in Commercial on supervision of implementation of the RINO Law (October 2015) prescribes that budget beneficiaries are obliged to report commitments within three days after those have been assumed. Yes FMIS standard and tailored reports Audit trail of the FMIS Review by the Public Policy Secretariat of reported data from the FMIS on payments and reporting of commitments Calculation: Amount (in RSD) of commitments in BES entered within the required deadline per the legislation on Deadlines for Payments in Commercial Transactions/ Total amount of commitments (in RSD) entered in BES during the review period *100 DLI for year 1 (70%); DLI for year 2 (80%); DLI for year 3 (90%) Assessment dates: December 31, 2016, 2017, and 2018 PDO Indicator 6
105198-WP-P155172-PUBLIC-Serbia-PforR-Technical-Assessment.docx