In Macedonia, the Rules of Procedure for Work of the Government requires a governmental agency to perform a financial analysis before the signing, ratifying, or adopting of legislation (including international instruments). This analysis is done by completing a Form for Financial Implications. This financial analysis needs to be done at each stage in the decisionmaking process.
Thus, for example, prior to signing a Protocol on Strategic Environmental Assessment (SEA) to the Espoo Convention (a UNECE Convention governing environmental impact assessment in a transboundary context), Macedonia performed a financial analysis. The financial analysis revealed that at that stage there would be no financial implications for Macedonia. Macedonia signed the Protocol on 21 May 2003. In the next steps, when Macedonia decides whether to ratify the Protocol or to adopt the national legislation for SEA, there will be separate financial analyses regarding the potential financial implications.
For more information, contact Ms. Daniela Stefkova at D.Stefkova@moepp.gov.mk