Department of Budget and Finance
1. The mission of the Department of Budget and Finance is to support the Ministry of Economy in the implementation of standard accounting policies and procedures, applicable laws, regulations related to the field of budget and finance.
2. Tasks and duties of the Department of Budget and Finance shall be:
2.1. Budget planning by coordinating with the relevant units within the Ministry;
2.2. Preparation of the Medium Term Expenditure Framework (MTEF), draft annual budget as per the requirements and in accordance with the planning documents;
2.3. Realization of the budget expenditure in line with the plans of the Ministry and in accordance with the treasury rules originating from the Law on Public Financial Management and Accountability;
2.4. Preparing the Financial Statements of the Ministry together with the budget units within the Ministry;
2.5. Undertaking the necessary actions on budget savings arising as recommendations from the Government or the Ministry of Finance;
2.6. Implementation of Government decisions related to the Ministry’s budget and expenses;
2.7. Harmonization of the budget and adjustment of the budget allocations of the Ministry with its budgetary units in accordance with the Law on Public Financial Management and Accountability;
2.8. Drafting of the cash flow plan in accordance with the recommendations and rules defined by the Treasury;
2.9. Preparing various periodic and annual reports based on various requirements, including the requirements of the Law on Access to Public Documents;
2.10. Preparing the budget impact assessment for draft-laws, draft by-laws, draft concept documents and draft strategic documents within the scope of the Office of Prime Minister;
2.11. Reconciliation of accounts for the realization of expenses between the Ministry and the Treasury;
2.12. Allocation or commitment of funds from the specified category for the realization of payments for projects/activities foreseen in the budget of the Ministry;
3. The Department of Budget and Finance performs other tasks and duties defined by the relevant Law on Public Financial Management and Accountability and legislation in force, as well as the tasks defined by the Minister and the Secretary General of the Ministry.
4. The Department of Budget and Finance is led by the Director of the Department, who is the Chief Financial Officer and has the functions and responsibilities defined by the relevant Law on Public Financial Management and Accountability.
5. The Department of Budget and Finance shall be composed of the following divisions:
5.1. Budget and Planning Division;
5.2. Finance and Accounting Division.
6. The Director of the Department of Budget and Finance reports to the Secretary General.
7. The number of employees in the Department of Budget and Finance is nine (9)
Contact:
Department Director: Agim Thaçi
Tel: 038 200 215 31
Email: agim.thaci@rks-gov.net
1. Tasks and duties of the Budget and Planning Division shall be:
1.1. Planning of the budget of the Ministry in coordination with relevant units within the Ministry;
1.2. Preparing the Medium Term Expenditure Framework (MTEF), in line with the requirements of the Ministry and budgetary units operating within the Ministry.
1.3. Developing programs/sub-programs based on the requests of budgetary units in cooperation with the Department of Budget (Ministry of Finance);
1.4. Implementing accounting standards on accounting records;
1.5. Coordination of work with the Ministry of Finance and banking institutions.
1.6. Drafting the cash flow plan in accordance with the rules defined by the Treasury.
1.7. Recording income and various donations and recording accounting data;
1.8. Preparing budget analyses and reports on budget spending and monitoring the implementation of projects related to the Ministry’s budget.
2. The Head of the Budget Division reports to the Director of Budget and Finance.
3. The number of employees in the Budget Division is three (3).
1. The Finance Division shall have following tasks and duties:
1.1. Realization of the budget expenditure in line with the plans of the Ministry and in accordance with the treasury rules stemming from the Law on Public Financial Management and Accountability;
1.2. Coordinating the work with the Treasury, preparing periodical reports on the expenditure of funds based on the data of the budgetary organization and data from the Treasury;
1.3. Managing the connection of allocated funds, those spent and committed during the fiscal year;
1.4. Preparing financial analyzes and reports on budget spending;
1.5. Cash flow management in line with the annual budget plan;
1.6 Coordinating with the units operating within the Ministry in the preparation of the Ministry’s Financial Statements;
1.7. Reconciliation of accounts for the realization of expenses between the Ministry and Treasury;
1.8. Preparing various periodic and annual reports based on various requirements, including the requirements of the Law on Access to Public Documents;
2. The head of the Finance Division reports to the Director of the Department of General Services.
3. The number of employees in the Finance Division is five (5).