Friday, July 24 2020 16:10
Alina Hovhannisyan

Ministry of Finance of Armenia presented a report on the activities  of the department for 2019

Ministry of Finance of Armenia presented a report on the activities  of the department for 2019

ArmInfo.The Ministry of Finance of Armenia presented a report on the activities of the  department for 2019 during a meeting in the government, held with the  participation of Armenian Prime Minister Nikol Pashinyan.

As reported by the press service of the government, the Minister of  Finance of Armenia Atom Janjughazyan reported on the work done in the  direction of fiscal policy, effective financial management, public  debt management, the introduction of an accountable system, and spoke  about improving the capacities of public administration through  retraining courses.

The meeting participants also touched upon the reforms being carried  out by the Ministry, including in the tax field and the procurement  system, as well as cooperation with international financial  organizations.

The RA Prime Minister noted the importance of the programs carried  out by the Ministry in the above areas, and stressed the need to  implement consistent measures aimed at effective financial  management.

In particular, Nikol Pashinyan emphasized the importance of  introducing additional mechanisms for the timely implementation of  measures stipulated by the state budget expenditure program, which  during the year will make the process of spending funds and their  management more predictable.