2002 - 2008

Armenia’s public financial management (PFM) reform agenda aims to improve fiscal discipline and allocative and operational efficiency. This goal is reflected in Government’s own documents, like the Medium Term Expenditure Framework (MTEF). The Government’s reform agenda covers activities across the PFM system, including MTEF and program budgeting reforms, treasury reforms, internal and external audit reforms, accounting reforms, and others.  These reforms cannot be seen to stand alone, but rather as specific but interconnected interventions at different points within one PFM system. The ICHD has been one of the key institutions in Armenia both advocating for the PFM reforms and providing policy advice and technical inputs in the process of the reforms since 2002. ICHD engaged all critical processes of the PFM system through 2002-2008.