21 March 2025|BCOP|Success Story
Application of International Budgeting Frameworks in Armenia

Using the knowledge of the PEFA methodology and criteria taught through PEMPAL BCOP and its cooperation with the PEFA Secretariat, Armenia implemented improvements to its PFM practices; this resulted in higher ratings in the recent PEFA assessment. Armenia also initiated participation in the Open Budget Survey and implemented the related transparency measures (resulting in a strong first Open Budget Index score) and introduced participatory budgeting.
Download