The PAC, Certification of Public Budgets

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Abstract

The European Union, in its treaties, has imposed the confinement of public budget values to certain limits, and also the verification of national convergence policies, for price and interest rate stability, as well as policies characterized by a sustainable and sound management of public resources. All this implies control and security of the data included in the national public budget. This objective is the purpose of the PAC (Budget Certification), which currently characterizes the activity of the Italian public administration, and which will bring significant benefits from the point of view of planning and financial policies to cover public debt.

Number of pages: 6

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About Author

Laureato in Economia con specializzazione in mercati ed intermediari finanziari, ha sviluppato specifiche competenze nel campo dell’amministrazione e del controllo gestione nelle aziende, pubbliche e private. Attualmente lavora presso la KPMG.

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