Jul 2, 2019

Annual Coordination and Steering Committee Meeting of the Program Revenue Administration and PFM Reform in SEE

The International Monetary Fund (IMF), the European Commission (EC) and Switzerland State Secretariat for Economic Affairs (SECO) held the Annual Coordination and Steering Committee Meeting to discuss the EU and SECO financed capacity development program Revenue Administration and Public Financial Management Reform in Southeast Europe implemented by the IMF in six Western Balkan countries. The Center of Excellence in Finance (CEF), which hosts IMF program advisors for the region, supported the organization of the meeting.

During the meeting, the IMF, EC and SECO representatives met with high-level officials from ministries of finance and tax administrations—several General Tax Directors among them—from Albania, Bosnia and Herzegovina, Kosovo,  North  Macedonia, Montenegro, and Serbia to discuss achievements, the program’s  direction and the work plan for the year ahead. Participants discussed reform priorities presented and identified by countries’ representatives, under their respective Economic and Reform Programs, and how best to ensure that the capacity development program can support countries in formulating and implementing their reforms through strengthening both public financial management and revenue administration systems. Participants also received a better insight into medium-term revenue strategies and infrastructure governance. Participants concluded that countries’ continued ownership to reforms will remain to be key in achieving progress.

Find out more in digital story from the meeting