Uzbekistan, Tashkent, Feb. 27 / Trend D. Azizov /
The Directorate General of Public Finance under the French Ministry of Budget and the Uzbek Treasury signed a cooperation agreement for 2012-2014, the French Embassy in Tashkent said today.
The agreement fixes an active ten-year cooperation between two state agencies that contributed to the creation of the Treasury in Uzbekistan.
According to the signed document, the French side will assist the Uzbek Treasury to further develop a single plan of accounts and a single treasury account, to manage the budgetary resources, to strengthen information systems and tax system.
Uzbekistan launched a project to reform public financial management in 2002.
The law on "Treasury execution of the state budget" has entered into force since Jan. 1, 2006. It was approved by the Parliament in August 2004.
The Uzbek Treasury under the Uzbek Finance Ministry of the country was established by the presidential decree in early 2007.