Overview of the Analysis on FY2018 Settlement of Accounts
Published on 22 August 2019
Published by Administrative Budget Analysis Division of the Budget Analysis Department
In order to effectively support the examination of settlement of accounts by the standing committees and the Special Committee on Budget and Accounts of the National Assembly, NABO published the Overview of the Analysis on FY2018 Settlement of Accounts, which is a comprehensive summary of the FY2018 Settlement of Accounts Analysis Series.
Part I: General Analysis, summarizes the details of the Comprehensive Analysis of FY2018 Settlement of Accounts for readers to better understand.
General Analysis contains the summary and general review of the FY2018 settlement of accounts, comprehensive fiscal analysis and analyses of major policies by type. General Analysis also includes a macro-analysis of nine different financial subjects such as fiscal soundness and projects involving increased budget allowances via supplementary budgeting, in addition to an in-depth examination of 45 carefully selected fiscal policies including a renewable energy support program, four major public pension schemes, job creation programs and programs to address fine dust pollutants.
Part II: Committee-Specific Analysis contains a brief summary of the Committee-Specific Analysis of the FY2018 Settlement of Accounts for parliamentarians and staff members to fully utilize within a short period of time.
The Committee-Specific Analysis includes concentrated analyses of the fiscal programs conducted by each of the responsible Ministries and public institutions under the 16 Standing Committees. In particular, in the committee-specific settlement of accounts analysis, the “analysis of major issues” was reinforced to highlight macro and integrated analyses as well as policy improvement tasks; while enhancing the report’s objectivity by continuously receiving the Ministries’ comments from the planning stage of the report as well as comments received through internal and external deliberations.