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RA Ministry Of Finance, European Commission Members Hold Joint Semin

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  • RA Ministry Of Finance, European Commission Members Hold Joint Semin

    RA MINISTRY OF FINANCE, EUROPEAN COMMISSION MEMBERS HOLD JOINT SEMINAR

    PanARMENIAN.Net/
    09.06.2009 14:10 GMT+04:00

    /PanARMENIAN.Net/ The Armenian Ministry of Finance and European
    Commission's Directorate-General for Budget initiated a seminar on
    Public Internal Financial Control (PIFC) in Armenia and EU on June 8,
    2009. The event brought together high ranking officials, including
    Head of European Commission Delegation to RA, Ambassador Raul de
    Luzenberger. The sides agreed on further cooperation on financial
    security between Armenian government and European Commission.

    PIFC was developed in the late 1990s as a means for Eastern Bloc
    countries working toward full membership in the European Union (EU) to
    implement the necessary control systems to safeguard public resources.
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