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 | Lemkin Institute petition seeks release of Armenians in Azerbaijan The Lemkin Institute is deeply concerned about the continued illegal detention of political prisoners from Karabakh in Azerbaijan. Armenian Catholicos calls for national unity against threats Karekin II issued a message on Republic Day marking the anniversary of the First Armenian Republic. Pashinyan: Armenia’s desired goal is “on the horizon” Prime Minister Nikol Pashinyan has said that Armenia is moving forward “without interruption”. Opposition leader, supporters spend night at Sardarapat memorial Police made nearly 300 arrests the day before as Galstanyan and his supporters continued to demonstrate in Yerevan. |