In 2019, the EU Contact Committee launched a parallel audit of Medium-Term Budgetary Frameworks (MTBFs) within its Fiscal Policy Audit Network. The SAIs of Finland, France, Italy, the Netherlands, Portugal, Slovakia and Sweden took part, completing the relevant national audits and assessments mostly in 2020 and 2021. The joint report collates and analyses the findings. The parallel audit focused on central government budgeting and on planning or forecasting expenditure at least three years forward. The audit aimed to assess the practical implementation of medium-term expenditure objectives and forecasts in budget planning, and their functionality in national and EU contexts.

This year’s edition of the Audit Compendium addresses challenges related to the COVID-19 pandemic, which is behind one of the most disruptive health crises the world has ever seen, with a major impact on society, economies and individuals everywhere. It provides information on the impact of and the response to the pandemic at national and supranational level, and gives an overview of the pertinent audit work carried out and published in 2020 by eleven EU supreme audit institutions.

in support of the constitutional role, mandate and independence of the Audit Office of the Republic of Cyprus