27.04.2016 22:06
YEREVAN, April 27. /ARKA/. Finance ministers, senior government representatives, and representatives of the business, professional and academic communities from across Europe and Central Asia along with experts from key international organizations gathered in Vienna for the biennial Ministerial Conference organized by the World Bank’s Centre for Financial Reporting Reform (CFRR), the World Bank Yerevan Office told ARKA today.
It said the main theme of the Conference was the impact that quality financial reporting has on catalyzing growth in investments and economies. Welcoming around 250 delegates to the Conference through a video message, Hans Jörg Schelling, Austrian Minister of Finance, reiterated Austria’s support of the agenda: “We care about an enabling environment for growth and stability in our neighbouring countries. Strong corporate financial reporting systems contribute to private sector growth, financial markets development and thus to financial stability.”
During a high-level panel discussion, Ministers of Finance from Bosnia and Herzegovina, Kosovo and Serbia discussed how high-quality financial reporting can act as a catalyst for increased confidence, transparency and trust – which in turn create an environment conducive to sustainable economic growth, job creation and development throughout the region.
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