Armenian Public Financial Management Reforms Should Be Implemented W

ARMENIAN PUBLIC FINANCIAL MANAGEMENT REFORMS SHOULD BE IMPLEMENTED WITHIN 10 YEARS

PanARMENIAN.Net
June 16, 2010 – 17:31 AMT 12:31 GMT

Yerevan hosted the workshop: “Armenian Public Financial Management
Reforms.” It focuses on public financial management reform agenda and
various reform priorities. Among those is Public Internal Financial
Control (PIFC), which is an integral part of the European Neighborhood
Policy Action Plan concluded between the Republic of Armenia and the
European Commission in 2006. In his opening remarks, Armenian Prime
Minister Tigran Sargsyan said that the program of reforms should be
implemented in Armenia within 10 years.

“We summarized the results of the first stage of reforms during the
previous meeting. Today we should define the second stage of reforms,
as well as our strategy and basic tasks,” the Prime Minister said.

For his part, Head of the European Commission Delegation to
Armenia Raul de Luzenberger said that reasonable public financial
management will reduce corruption and increase the efficiency of
funds distribution.

From: A. Papazian

You may also like