ArmInfo. The implementation of the program "Public Finance Management in the South Caucasus in 2017-2020" in Armenia can be called successful. This was stated by First Deputy Minister of Finance of Armenia Karen Brutyan on December 3 at the closing ceremony of the program "Strengthening Public Finance Management of Armenia" co-financed by the European Union.
According to Brutyan, thanks to the program, it was managed to develop the budget for 2019 and present in full in the format of program budgeting. "There is no other more effective grading system than matching plans with actual work," he said.
Nevertheless, as Karen Brutyan told ArmInfo correspondent, this does not mean that the Ministry of Finance is completely satisfied with the work done. Key performance indicators - KPI, which allow us to analyze the effectiveness of certain activities, as well as the level of achievement of goals, still need improvement, there is also a serious task associated with the development of public control systems.
"For the second year in a row, all information regarding the budget process becomes public at the planning stage, but, despite the feedback from individual activists of civil society, there is a task in its systematic manifestation," said the First Deputy Minister of Finance. As a result, according to Karen Brutyan, the public finance management system should ensure an equitable distribution of public wealth.
The need to establish a more effective feedback between the government and civil society, and the direct participation of the latter in the decision-making process was also indicated by the head of the cooperation department of the EU Delegation to Armenia Gonzalo Serrano de la Rosa. According to him, the effectiveness of public finance management is important for the European Union. Earlier, ArmInfo reported that the EU will support Armenia in the effective management of public finances. On September 19, 2017, in Yerevan, the closing ceremony of the EU-funded program "Strengthening, Efficiency and Transparency of the External Audit System in Armenia" and the launch of the "Public Finance Management in the South Caucasus in 2017-2020" program took place. The budget of the program implemented by the German Society for International Cooperation (GIZ) for Armenia and Georgia is 5.75 million euros, about 1 million euros - EU co-financing. The main partners of the program in the Republic of Armenia were the Ministry of Finance, the National Assembly, the Audit Chamber, the State Revenue Committee (SRC) and civil society. The goal of the program is to bring public finance infrastructure in line with European and international standards, helping to increase their efficiency and accountability. In Armenia, the GIZ (German Society for International Cooperation) office was opened in 2014 and includes completed and ongoing projects to support economic competition, environmental protection, biodiversity protection and natural resource management, as well as advising the Government on reforms in the legislative and legal systems .