UCA News - Issue 118
- Kyrgyz Finance Minister Akylbek Japarov speaks to IMTAK journalist participants at UCA
- UCA publishes trilingual public finance glossary
On 12 May 2012, Kyrgyz Republic Minister of Finance Akylbek Japarov, presented a lecture on the implications of switching to a two-tier public budget to 13 Kyrgyz journalists at the University of Central Asia (UCA).
The journalists are undergoing training in economic journalism, as part of the World Bank-supported Budget Reporting for Journalists and Media Training project. The project seeks to assist journalists to improve their ability to analyze, present, and disseminate accurate fiscal and budgetary information. As part of this project, prominent national experts and government representatives speak to participants on topics of particular significance to their oblast, or region.
During the lecture, Minister Japarov shared the current status of optimizing the public finance system and added economic freedom now available to individual village districts. Since 2012, Kyrgyz Republic's financial year budget is already a two-tier budget. The media is able to review current information on disbursements by individual village councils through the Ministry of Finance website, allowing for public transparency.
According to Minister Japarov, the Ministry's main accomplishment was modifying the local government revenue collection system which in the past, was funneled to the national budget for redistribution to the regions as it was prone to corruption. Now the government wants local administration to retain a significant portion of their revenue and allocate these funds as they see appropriate.
The Budget Reporting for Journalists and Media Training project is being implemented by a Consortium, led by the University of Central Asia and including the Development Policy Institute, the Kyrgyz Stock Exchange Press Club, and the Alliance for Budget Transparency. Administered by the World Bank and financed by the Global Partnership Facility, the project is part of the overarching Information Matters: Transparency and Accountability in the Kyrgyz Republic (IMTAK) initiative, which seeks to build the capacity of media to ensure transparency and heighten awareness of budget processes.
A total of 150 journalists will be trained over the course of this three-phase project, which began in the spring of 2011. In December 2011, the second phase of the project, which trained 90 journalists from across the country, was completed.
Previous UCA News stories on IMTAK:
125 journalists undergo training on budget transparency and accountability
(UCA News #112 – 3 Jan 2012): http://www.ucentralasia.org/Resources/Item/295
UCA implements transparency and budget reporting training for journalists as part of Kyrgyz government "Information Matters" initiative
(UCA News #81 – 29 April 2011): http://www.ucentralasia.org/Resources/Item/82
In April 2012, the University of Central Asia (UCA) published the Kyrgyz-Russian-English Glossary of Terms and Concepts in Public Finance and Budget Process. This glossary containing more than 450 key terms and concepts relevant to public finance was produced to meet a critical need for Kyrgyz Republic journalists to access standardized public finance and budgeting terminology for media use. It is the second such publication produced under the auspices of the World Bank and Global Partnership Facility-supported Information Matters: Transparency and Accountability in the Kyrgyz Republic (IMTAK) initiative.
This glossary is based on the initial 2,500-term English-Russian Glossary of Terms and Concepts in Policy Analysis, Public Administration and Public Economics compiled by Associate Professor Oleksandr Kilievych in 2009. Last month, the glossary was completed by Assoc. Prof Kilievych, who is based in the Department of Economic Policy, National Academy of Public Administration under the Office of the President of Ukraine (NAPA).
"Congratulations to our Kyrgyz colleagues for publishing the Russian-Kyrgyz-English glossary; it opens new opportunities for integration of Kyrgyzstan's professional development system (in public administration, in particular) into the global education community. The glossary promotes cooperation between our National Academy and the University of Central Asia", said Yuriy Kovbasiuk, NAPA President.
The IMTAK initiative seeks to build the capacity of media to ensure transparency and heighten awareness of budget processes. This project is implemented by the University of Central Asia, in cooperation with the Development Policy Institute, the Kyrgyz Stock Exchange Press Club, and the Alliance for Budget Transparency.
Kyrgyz-Russian-English Glossary of Terms and Concepts in Public Finance and Budget Process is available for purchase by emailing: firstname.lastname@example.org
English-Russian Glossary of Terms and Concepts in Policy Analysis, Public Administration and Public Economics is available for purchase by emailing: email@example.com