ECONOMY Besimi: Improvement of FMIS one of priorities in cooperation with World Bank

The project on integrated financial management information system (FMIS), set to ensure monitoring of revenues and expenditures, starting from their planning up to their realization, as well as projects on local roads, innovations and competitiveness, and sustainable development of municipalities are the priority projects within the four-year partnership strategy with the World Bank.

Finance Minister Fatmir Besimi and National Bank Governor Anita Angelovska-Bezhoska held an online meeting with Anna Bjerde, World Bank Vice President for Europe and Central Asia, in the framework of the Annual Meetings of the International Monetary Fund (IMF) and the Word Bank.

The meeting also focused on the agreement related to the project for urgent management of COVID-19 that was signed this past week, as well as the agriculture modernization project, which realization will start after the law is adopted in Parliament, the Ministry of Finance said in a press release.

Minister Besimi also met with Georgina Baker, Vice President for Latin America and the Caribbean, and Europe and Central the International Finance Corporation (IFC), a member of the World Bank Group.

Several projects are currently implemented in cooperation with the IFC, including the one on networking of companies from the Western Balkans in the manufacturing value chain. The project is set to establish a regional e-platform for networking of local SMEs with local and global companies, but also upgrade and strengthen the capacities of local firms, reads the press release.

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