ANKARA - The parliament adopted on Wednesday night the law that re-arranged public administration and inspection in public sector.
The law foresees effective, economic and productive use of public sources in line with policies and targets mentioned in development plans and programmes, and it aims to control financial supervision, accounting all financial proceedings in order to ensure financial transparency.
According to the law, financial administration will be in integrated harmony and will be carried out in that form. Public opinion will be informed about the method of acquisition and use of all sorts of public sources. The principles of ''financial transparency and the need to make accounting for'' will be taken into consideration in use of public sources.
Incentives and subsidies to be given will be made public and public accounts will be formed in line with standard accounting order. Authorized institutions and persons will make accounting for the acquisition and use of public sources. All public institutions excluding State Economic Enterprises (SEEs) will submit their budget estimations to the parliament. Public administrations will not make expenses beyond the allocations covered by their budgets and they will not undertake any tasks if there is no allocation for that in their budgets.
According to the newly adopted law, all public institutions will prepare activity reports every year and account for the things they did and they could not at the end of that year. The law also takes special incomes within the scope of the budget and the scope of the inspection by the Supreme Council of Public Accounts (Council of Audit) is also broadened.
The law also prohibits collection of donation or aid by use of public force. The revolving funds and enterprises set up in public administrations will be liquidated until December 31, 2007. The law also canceled the 50-year the Public Accounting Law.
Some articles of the law like the one on ''budget policy, monitoring of expenses and incomes,'' and the article which authorizes Finance Ministry to make the necessary regulations for implementation of the provisions of the law, will go into force when the law is promulgated, and its other provisions will enter into force on January 1, 2005.
After the adoption of the law, State Minister Babacan said that public finance would become more transparent as of the year 2005.
The regulation brought the three-year budget concept, Babacan said adding that ''next year hopefully we will submit a three-year budget bill to the parliament. The budget will also be one which erases six zeros from Turkish Lira.''
Babacan added that the economy administration reached an important turning point with the adoption of the law.
(Öª-AÖ) 11.12.2003