Switzerland grants EUR 1.25mn to improve financial reporting in Albania.

By bne IntelliNews May 31, 2011
The Swiss State Secretariat for Economic Affairs (SECO) has granted through the World Banks International Bank for Reconstruction and Development (IBRD) EUR 1.25mn to finance an Albanian project aimed at enhancing the corporate financial reporting, Albanian finance ministry said on its website. The Corporate Financial Reporting Enhancement Project envisages improvement of the legal framework in the area of corporate financial reporting, strengthening the capacity of the National Accounting Council as well as the establishment of an audit oversight system. The finance ministry will hire a local project coordinator and an international strategic consultant for the project.
Notice: Undefined index: social in /var/www/html/application/views/scripts/index/article.phtml on line 278
Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Albania calls tender for supervision of sewerage project.

Albania has called a tender to select a company to supervise the construction and supplies for a sewerage system and waste water treatment plant in Velipoja area, the European Commission informed ... more

Albania's govt approves changes in concession agreement for Devoll project.

The Albanian government has approved changes in the concessionary agreement for the Devoll Hydropower cascade, which formally enables Austrian EVN to exit from the project, the cabinets press ... more

Albanian parliament panel endorses EUR 12.7mn EBRD loan for dam safety project.

The economy and finance committee of Albanias Parliament has approved a EUR 12.7mn loan from the European Bank for Reconstruction and Development (EBRD) to be used to fund a project for upgrading ... more

Follow Us On

Most Read

  1. The fall of Nagorno-Karabakh
    1 day ago
  2. Missiles strikes on Crimea kill nine, as Ukraine breaks through Russia’s last line of defence in Zaporizhia
    1 day ago
  3. Russia bans fuel exports as deliveries to military surge
    2 days ago
  4. Russia overtakes Germany to become fifth biggest economy in the world in GDP on a PPP basis
    1 month ago
  5. Unidentified air defence accident over northern Iranian city of Gorgan
    6 days ago
  1. BRICS MATERIALS: the flourishing intra-BRICS oil trade
    27 days ago
  2. Russia overtakes Germany to become fifth biggest economy in the world in GDP on a PPP basis
    1 month ago
  3. Russia mulls drastic measures as domestic fuel shortage crisis grows
    12 days ago
  4. Niger coup threatens Nigeria-Morocco 30bcm gas pipeline project
    1 month ago
  5. Rare Subtropical Storm Daniel hits Libya, causing flooding and havoc
    14 days ago

Reports

Dismiss