New EU-twinning project National Academy for Finance and Economics

We are happy to announce that the National Academy for Finance and Economics will implement an EU-twinning project with the Parliament of Georgia. 

Together with experts of the Bureau for Analysis and Research of the Netherlands Parliament and other experts many activities aimed at strengthening parliamentary oversight in public finances are foreseen. The project will be executed from 2022 – 2024.
 

First mission to Tbilisi

A first preparatory mission to Tbilisi took place in May. The experts received a warm welcome, had meetings with staff members of the Georgian parliament and the EU delegation. The project outcomes and activities were on the agenda.

Objectives

The overall objective of this project is to strengthen fiscal governance through enhanced budgetary frameworks, external audit, independent monitoring as well as participation and oversight of public finances. 


The specific objective of the project is to strengthen parliamentary oversight in public finances in Georgia; with the priority of enhancing independence and institutional capacities of the Parliamentary Budget Office, increasing the efficiency of the cooperation of the Budget and Finance committee with relevant institutions and other parliamentary entities, as well as civil society.