| Albania
has been using mid term budget frameworks from the year 2001. This
new financial instrument was followed by the design of several mid
and long term development strategies and programs (sectoral and
regional strategies) which culminated in the drafting of national
development documents such as the National Strategy on Social and
Economic Development, the Decentralization Strategy, etc. One of
the main goals of the Mid Term Budget Framework is to match strategic
priorities with funding resources. Also, interest groups will be
encouraged to cooperate among/between them in order to make sure
that public funds are managed effectively, transparently and address
the needs of the citizens.
Among other objectives in the project
are: Increase transparency, responsibility and accountancy of public
resource management including finances; promote the participation
of local communities in decision making processes related to public
finances; reduce corruptive practices and various political trafficking
of influences over budget drafting; strengthen the capacities of
civil society/interest groups to encourage their pro-active participation
in the management of public funds especially in the monitoring and
assessment of public expenditures.
The main beneficiaries of the project
are the vulnerable and the marginalized, local communities, civil
society and local governments.
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