Azerbaijan, Baku / Trend / A meeting of an expert group with the Senior Manger of the Project Evaluation Department of the European Bank for Reconstruction and Development (EBRD), Wolfgang Gruber, who is the leading expert of the EBRD, was held at the NGO of the Public Finance Monitoring Centre (PFMC) in Baku on 14 June within the framework of the 'Monitoring of Credit Projects' program.
Gruber shared his ideas and experiences in evaluating credit projects, efficient implementation of monitoring exercises, as well as the methodological and indicative basis of holding a monitoring, according to PFMC.
The attendees inquired about informing the public of implementation of credit projects, as well as obligations of operator-banks in this connection. It was stressed at the meeting that in order to improve monitoring effectiveness, it would be good to have an agreement of the interested parties and to establish fruitful cooperation with them.
PFMC is implementing the project owing to the assistance rendered by the Open Society Institute. The Centre has intentions to form a permanent expert group in that field.