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2.12.2019 - 16:38

In an event organised in connection with the Finnish EU Presidency, supreme audit and statistics authorities discussed their shared means for ensuring the reliability of fiscal data.

27.11.2019 - 06:45

Assessment of the sustainability of general government finances has so far focused on the long-term sustainability gap. According to the National Audit Office of Finland (NAOF), the Ministry of Finance should assess the sustainability and medium-term economic development more comprehensively.

26.11.2019 - 11:30

The aim of the event organised this week to mark the Finnish EU Presidency is to consider different ways of ensuring that the EU countries base their fiscal policy on reliable information. Speakers at the international event include the Directors General of Eurostat and the Hellenic Statistical Authority as well as Martti Hetemäki of the Ministry of Finance and Olli Rehn of the Bank of Finland.

26.11.2019 - 09:00

The elements of an effective development project include identifying the development need, setting clear targets and monitoring them by indicators. Monitoring data is collected during the project, and the work is assessed both during the project and after it has been completed.

How are central government finances and public administration doing?

National Audit Office’s Annual Report to Parliament 2019 has been published. The Annual Report presents the NAOF’s key findings regarding central government finances and public administration for the past year.

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27.11.2019 - 06:45

So far, the assessment of the sustainability of public finances has focused on the long-term sustainability gap. Assessment methods should be broadened.

27.11.2019 - 06:45

Challenges in the medium-term economic forecasting impede the planning of counter-cyclical fiscal policy. According to the National Audit Office, the Ministry of Finance should broaden its medium-term economic forecasting by introducing new methods alongside the current output gap estimates that reflect the cyclical conditions.

26.11.2019 - 06:45

Successful target-setting is of key importance to the effectiveness of the projects within the Effectiveness and Performance Programme. The NAOF recommends that the ministries prepare a shared principles-based evaluation model. Shared evaluation principles would support post-project evaluation of development projects and promote more systematic preparation and implementation of projects.

21.11.2019 - 11:00

There is a risk that Finland fails to comply with the provisions of the preventive arm of the EU Stability and Growth Pact. The provisions of the preventive arm aim at ensuring the stability of general government finances. The preparation and successful implementation of measures to improve the employment rate play a key role in balancing general government finances. The National Audit Office of Finland has made a preliminary assessment of the status of general government finances in 2019 and 2020.

Good governance

5.6.2019 - 15:00

Publicly funded operations are usually assessed using the three e’s: efficiency, economy and effectiveness. In Finnish legislation, the principles of good governance are included in the Administrative Procedure Act. The Act does not separately mention efficiency, however, but public authorities and other providers of public services can be expected to be efficient without any specific legislation stating so.

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NAOF

24.4.2018 - 09:05

In its role as the independent national audit authority, the NAOF audits and monitors the management of central government finances. The role and duties of the NAOF are laid down in the Constitution of Finland.

International

11.6.2018 - 17:18

NAOF performs the international tasks of the Supreme Audit Institution (SAI) and the Independent Fiscal Institution (IFI) in Finland. NAOF also takes part in international cooperation by maintaining good relations with international actors, especially with its sister agencies, and by engaging in an active dialogue with them.

International activities