YEREVAN, November 28. /ARKA/. The government of Armenia has approved today a plan of measures designed to reform the financial management system for 2019-2023. The main purpose of the plan is to guarantee an equitable distribution of public goods.

Finance Minister Atom Janjughazyan said the plan calls for targeted, efficient and economical use of public goods, predictability and compliance of regulations, forecasts and decisions, as well as organization of all processes in an atmosphere of sufficient transparency and reporting.

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President of the Union of Banks of Armenia (UBA) Mher Abrahamyan finds correction of a number of faults an important step on the way of improvement of investment environment in the country and protection of interests of domestic and foreign investors. He is quoted by the union’s press office as saying in an interview that the mission of the Central Bank of Armenia in very important in the process of rooting out these problems

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Tags: Armenia, investment environment, reform, UBA

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