Finance Minister Meets with US Treasury Reps.

YEREVAN (Noyan Tapan)–Minister of Economy and Finance Edward Sandoyan met with US Treasury Senior Advisor for Budgetary Policy and Control David Namy and a representative of the US Treasury–Advisor-Resident on Budgetary and Finance Affairs of the Ministry of Economy and Finance of Armenia Leonard Swin.

The sides discussed the realization of the memorandum on the establishment of a central computer treasury system in Armenia’signed between the Ministry of Economy and Finance–the United States Agency for International Development and the US Embassy in Armenia last year. The establishment of such a system will provide the Treasury with the network of paymen’s with its 49 departmen’s.

The same day Sandoyan met with the Senior Expert on Urban Development of the European and Central and Asian Region of the World Bank Robert Mower to discuss the socio-economic situation in Armenia and the program of municipal development.

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