On 25-27 June 2018, SOSE Institute under the Italian Ministry of Economy and Finance and Bank of Italy visited Armenia as invited by CoE Project on Consolidating support to local democracy in Armenia together with the Ministry of Territorial administration and Development of Armenia. The aim of the visit was familiarisation with financial equalisation issues present in Armenia, as well as development of proposals for improving the current system.
On 25 June the experts visited RA Ministry of Territorial administration and Development to have a working meeting with V. Terteryan, First Deputy Minister, D. Gevorgyan, Deputy Minister, and heads of relevant departments of the Ministry.
Working meetings were also held with the Head of Finance Officers of Armenia and CoE expert V. Movsisyan, and Chairman of Communities Association of Armenia E. Yeritsyan.
On 26 June, the experts presented Italian experience on financial equalisation and evaluation of community expenditure needs to finance officers from 52 consolidated communities of Armenia. The community representatives took active part in discussions and expressed hope that measures would be taken to consider community expenditure needs in Armenia.