Armenian Public Financial Management Reforms should be implemented within 10 yearsJune 16, 2010 - 17:31 AMT PanARMENIAN.Net - 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. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Pashinyan travels to Iran to pay tribute to Raisi, others Prime Minister Nikol Pashinyan has left for the Islamic Republic of Iran on a working visit. Armenia-Qatar ties discussed in Doha The Secretary of Armenia’s Security Council met with the Deputy Secretary General of the National Security Council of Qatar. ARARAT special evening dedicated to Aznavour's 100th Anniv. On May 20 ARARAT legendary Armenian brandy, celebrated the centennial of Maestro Charles Aznavour with a special event. Surveying works underway in Armenia’s Kirants Surveying works are underway in the Armenian village of Kirants in the northern Tavush province. |