Thursday, May 2 2024 12:01
Alexandr Avanesov

Budget programme performance mechanism to be introduced in Armenia 

Budget programme performance mechanism to be introduced in Armenia 

ArmInfo. A regular process for assessing the effectiveness of budget programs will be introduced in  Armenia. At the plenary meeting on May 2, the National Assembly of the Republic of Armenia adopted amendments to the law "On the Budget System" in the first reading.

According to the RA Deputy Minister of Finance Vahan Sirunyan, in  order to implement the evaluation system, by decision of the RA Prime  Minister, the Concept for introducing a system for evaluating the  effectiveness of state budget programs, as well as methodological  guidelines for assessing the implementation of programs, were  developed and approved. However, there are no regular processes for  evaluating budget programs, which limits the government's ability to  evaluate the effectiveness and efficiency of budget programs.

The introduction of a process for regular evaluation of budget  programs is an important step in the context of program budgeting  reforms and will help improve the efficiency and effectiveness of  budget programs.  The RA Ministry of Finance will monitor compliance  with the requirements of the document. The monitoring procedure will  be approved by the RA Government within three months from the date  the law comes into force. In parallel, work is underway to transfer  the Ministry of Finance's powers to monitor the effectiveness of the  implementation of budget programs to the State Control Service. Thus,  an attempt is made to more optimally control the process.

In turn, the Ministry of Finance will deal exclusively with  analytical work in this matter, the main task of which will be to  assess the effectiveness of new programs, their implementation and  the results achieved.  At the first stage, the work will be carried  out centrally, although in the future it is possible that other  structures will be involved.

The presented document, as the deputy minister emphasized,  corresponds to the government program for 2021-2026.