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Convergence of Croatian Financial and Budget Regulations to the Framework and Practices of the European Union

Author

Listed:
  • Davor VAŠIČEK

    (Economic Faculty, University of Rijeka, Croatia)

  • Ivana MALETIĆ

    (State Secretary, Croatian Ministry of Finance)

Abstract

As of 2004 intensive preparatory activities for the accession of the Republic of Croatia into the European Union have started. Significant changes have been taking place in legislation, institutional and administrative respect. The so called “silent reform“ is changing the appearance and the way of work of state administration. Institutions acquire the rules and way of work of the European Union through the usage of pre-accession programmes. General opinion moves in the direction of successfulness, competitiveness, attainment of results and added values. Financial regulations regarding stipulation of budget processes have been changing through the introduction of the following elements: strategic planning, multi-annual budget framework, fiscal discipline, internal audit as well as financial management and control system based on clearly set work processes and procedures. This document provides the description of the most significant changes regarding financial management and budget regulations in the Republic of Croatia which have taken place in the course of adapting (developing) the system to the European practices and rules.

Suggested Citation

  • Davor VAŠIČEK & Ivana MALETIĆ, 2010. "Convergence of Croatian Financial and Budget Regulations to the Framework and Practices of the European Union," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 3(3(544)), pages 25-42, March.
    • Handle: RePEc:agr:journl:v:3(544):y:2010:i:3(544):p:25-42
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    Cited by:

    1. Lilia ROTARU & Iulia CAPRIAN & Tatiana COVALSCHI, 2015. "Implications Of The Association Agreement With The European Union On The Financial Public Management In The Republic Of Moldova," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 7(2a), pages 593-604, September.

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