Presentation of financial management and control manual

Presentation of financial management and control manual
Date :
Date :

Organized by the Public  Internal Control Department of the Ministry of Finance of Georgia, the Good Governance Fund (GGF) of the United Kingdom of Great Britain and Northern Ireland, and the Budget Directorate of the European Commission, the presentation of the financial management and control implementation guide was held, which is one of the most important components for the implementation of governance reform in the country.

The event was opened by the Deputy Minister of Finance, Giorgi Kakauridze, Ambassador Extraordinary and Plenipotentiary of the United Kingdom of Great Britain and Northern Ireland to Georgia, Justin Mackenzie Smith.

Liam Fitzpatrick, an expert from the Good Governance Foundation, and Raymond Hill, head of the Public Internal Control Group of the European Commission's Budgetary Directorate, took part in the public discussion.

"Today, a very important document was presented. It will contribute to the formation of a new management culture in the country, which is lobbied by the Council of Europe as much as possible. The introduction of a modern financial management and control system implies effective management and effective use of costs," said the head of the Public Internal Control Group of the Budgetary Directorate of the European Commission, Raymond Hill.

Within the framework of the public discussion, with the participation of the representatives of the public agencies, such topics were discussed as: the functioning of the effective control system in the institutions, the detection of existing risks, the provision of necessary procedures to achieve the goals of the agency, monitoring issues.