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Official News

Thursday, 28 November 2019

Public expenditure management efficiency will be improved: Government approves PFM system reform strategy for 2019-2023

A Cabinet meeting was held today, chaired by Deputy Prime Minister Tigran Avinyan. The Government approved the strategy and the action plan to implement the Public Finance Management (PFM) system reform for 2019-2023. The reform will improve the efficiency of public expenditure management system and the quality of services provided. The PFM system’s primary task is to enforce compliance with the applicable regulations, as well as to ensure that the management of resources is... more »

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