WB's Molineus says Georgia ranks first in public finance management system
WB's Molineus says Georgia ranks first in public finance management system
13:42, 21.12.2022

Sebastian Molineus, World Bank’s Regional Director for South Caucasus, on Wednesday, said Georgia ranked top among emerging markets and countries in terms of public finance management system, calling it “undoubtedly a very impressive achievement.”

“This is supported by other international studies, such as the Open Financial Index, which places Georgia top in budget transparency,” he continued.

According to him, “it is important that Georgia constantly improves the results.”

According to the 2022 Public Expenditure and Financial Accountability (PEFA) Global Report, Georgia ranks first among 59 nations in the globe with continual progress of public finance management.”



By - Marika Kartozia

Economics
public finance management system
Sebastian Molineus
World Bank's Regional Director
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