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A MEMORANDUM OF MUTUAL COMPREHENSION SIGNED BETWEEN RA FINANCE MINISTRY AND GERMAN TECHNICAL COOPERATION COMPANY
ARMENPRESS
JULY 27, 2010
YEREVAN
YEREVAN, JULY 27, ARMENPRESS: A memorandum of mutual comprehension
on continuing the cooperation of further deepening of the process of
planning budgetary reforms in Armenia was signed today between the
Armenian Finance Ministry and German Technical Cooperation Company
(GTZ).
The memorandum was signed by Armenian First Deputy Finance Minister
Pavel Safaryan and GTZ regional director James Macbeth. The main goal
of the memorandum is to support in deepening of planning budgetary
reforms in Armenia and in application of the advanced experience of
the planning budgetary in RA state financial management system.
Press service of the Armenian Finance Ministry told Armenpress that
the primary goal of the planning budgetary is the economic efficiency
increase of state expenses. It appears to be the priority of the
Armenian government.
At the moment thanks to the GTZ technical support implemented in the
planning budgetary sphere, all the state governing bodies are involved
in experimental investment works of the planning budgetary reforms.
Within the frameworks of the support intended by the memorandum,
it is expected that in the stage of forming the 2011 and 2012 state
budgets, all the state bodies will have an opportunity of deepening the
planning budgetary investment works and will present their budgetary
applications with an improved format.
The cooperation between the GTZ and Armenian government in the issue
of deepening reforms in the planning budgetary sphere is implemented
from 2008.
From: A. Papazian
ARMENPRESS
JULY 27, 2010
YEREVAN
YEREVAN, JULY 27, ARMENPRESS: A memorandum of mutual comprehension
on continuing the cooperation of further deepening of the process of
planning budgetary reforms in Armenia was signed today between the
Armenian Finance Ministry and German Technical Cooperation Company
(GTZ).
The memorandum was signed by Armenian First Deputy Finance Minister
Pavel Safaryan and GTZ regional director James Macbeth. The main goal
of the memorandum is to support in deepening of planning budgetary
reforms in Armenia and in application of the advanced experience of
the planning budgetary in RA state financial management system.
Press service of the Armenian Finance Ministry told Armenpress that
the primary goal of the planning budgetary is the economic efficiency
increase of state expenses. It appears to be the priority of the
Armenian government.
At the moment thanks to the GTZ technical support implemented in the
planning budgetary sphere, all the state governing bodies are involved
in experimental investment works of the planning budgetary reforms.
Within the frameworks of the support intended by the memorandum,
it is expected that in the stage of forming the 2011 and 2012 state
budgets, all the state bodies will have an opportunity of deepening the
planning budgetary investment works and will present their budgetary
applications with an improved format.
The cooperation between the GTZ and Armenian government in the issue
of deepening reforms in the planning budgetary sphere is implemented
from 2008.
From: A. Papazian