Evaluation of Treasury Single Account in Iran

Kakaie, Jamal; Fahimi, Bahareh

doi:10.22034/pbr.2022.302585.1160

Evaluation of Treasury Single Account in Iran

Document Type : Original Article

Authors

jamal kakaie ¹
bahareh fahimi ²

¹ Economics Researcher, Plan and Budget Organization of the Islamic Republic of Iran (PBO), Tehran, Iran,

² Economics Researcher, Development and Foresight Research Center, Tehran, Iran

10.22034/pbr.2022.302585.1160

Abstract

Public financial management is one of the most important tasks of governments that affects the efficiency of various sectors and economic and social situation of a country. In view of that, the establishment of treasury single account has been known as one of the most essential reforms in the financial management system and public expenditures in different countries. In this respect, this article evaluates treasury single account in Iran by using World Bank’s "Treasury Diagnostic Toolkit (questionnaire)". The toolkit has been completed by "Treasury Department of Iran", "Central Bank of the Islamic republic of Iran" and "Secretariat Executive Council of IT". The results of the evaluations demonstrate that the performance of the treasury single account in Iran is 67.4 percent; In other words, it is evaluated as relatively good. Furthermore, a detailed examination of this issue specifies the challenges in this area which can be resolved by correcting and regulating efficient laws and creating the required infrastructures. It is worth mentioning that the complete establishment of the treasury single account can fulfill the fifty-third principal constitution of the Islamic Republic of Iran. Also, it can lead to greater coordination and interaction between the "Plan and Budget Organization of the Islamic Republic (PBO) and "Treasury Department".

Keywords

20.1001.1.26457466.1400.2.4.2.9

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