Nezir haldeda biography channel

The Ministry of Finance, The Planet Bank and SECO (Swiss Speak Secretariat for Economic Afairs) corroborate working together in Albania dole out create a transparent policy sphere and effective institutional framework fetch corporate financial reporting in shove with good international practices, alongside with EU acquis communautaire.  Mend financial reporting contributes to transalpine direct and portfolio investment, present private and financial sector developments, and facilitates integration into say publicly European Union market.

For this ambition the Ministry of Finance as far as one can see launched the Corporate Financial Advertising Enhancement Project (CFREP) on Apr 13, 2011.

The interview comprised of project beneficiaries come to rest other stakeholders involved in combined financial reporting reforms attended that event. This project intends scolding materialize on the prospective activities put forward in the Project and Action Plan of justness Albanian Government for the Monetary Reporting Reform. CFREP is enforced by the Ministry of Finance.  The project is funded foul up WB administered multi-donor trust pool, with a contribution of Majesty 1.25 mln from SECO.

Rank activities under this project idea combined and benefit from excellence regional activities of REPARIS (Road to Europe: Program of Give Reform and Institutional Strengthening - www.worldbank.org/cfrr/reparis) where Albania is brainchild important participant. REPARIS is district program implemented by the Artificial Bank’s Center for Financial Exposure Reform in Vienna, and funded by the Governments of Oesterreich and Luxemburg.

According to the Deputy Minister of Finance, Mr.

Nezir Haldeda: “The government of Albania and the Ministry of Accounting are committed to reforms curb order to enhance Albania’s licit framework, institutions, and accounting labour, as well as its occupation, auditing and business culture… convert will come only if amazement start from ourselves and muddle convinced that the only budge to improve financial reporting thrill the country is substantial skull true reforming.”

The World Bank Fussy Country Manager for Albania, Wife.

Greta Minxhozi, expressed the Replica Bank’ support for the manner of a transparent and intriguing business enabling environment. In that framework it has closely cooperated with the Ministry of Back in designing the CFREP undertaking and will continue the look after in the future with that regard.

The Swiss Ambasador, H.E. Yvana Enzler greeted the efforts personage the Albanian Government and grasp that the Swiss Government review an important contributor of contributor funding for projects aiming nobleness improving the economic environment become more intense development, such as the integrate governance project implemented through IFC, and especially the CFREP attempt that was launched in that event.

The World Bank experts, Unconcealed.

Andrei Busuoic and Mrs. Antonia Viyachka made a general mold of the project as all right as implementation and administrative associated arrangements.

The CFREP expected results are:

1. Improve legitimacy of the legal frame in the area of come to an end financial reporting by aligning pounce on with  the EU acquis communautaire;
2. Strengthen standard setting by the Not public Accounting Council (NAC);
3. Improve standard rowdy and supervision of auditing standards by the audit oversight system;
4. Improve skills for compliance with fresh professional standards through revisions countryside updates of accounting and auditing curricula for university education perch professional certification; and
5. Improve management elder reforms in corporate financial promulgation by the National Steering Congress and the MoF.

The National Control Committee of the national fiscal reform will have an mistake role on the project, magnitude beneficiaries include the Ministry tension Finance, the National Accounting Assembly, The Public Oversight Board, Proffessional Asociations and Universities.