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On the improvement of the system of public financial control in order to build an efficient state

P. Petrenko

Economy and Forecasting, 2016, issue 4, 132-143

Abstract: Public financial control is considered from the standpoint of its institutionalization and establishment of a system effective in combating embezzlement, misuse of budget funds and corruption. The author proposes a number of concrete measures to overcome the legislative discrepancies in the wording of the subject, purpose and functions of public financial control, and argues the need to create a supreme audit authority as an organizational and coordination center.

Date: 2016
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Handle: RePEc:eip:journl:y:2016:i:4:p:132-143