Aid Details

Bilateral Aid

PACT 3 Training Montenegro

General Information

Funding entity Ministry of Finance of Slovak Republic
Recipient Country Montenegro
Implementing Organization Center of Excellence in Finance (CEF)
Implementing Organization Code Center of Excellence in Finance
Geo Location Podgorica, ME
  Longitude 19.26361
  Latitude 42.44111
Start of Commitment 2018-09-04
End of Commitment 2020-07-01
Currency EUR
Status OECD approved

Description

The project aims at supporting the Government of Montenegro in transition towards accrual accounting and adoption of the International Public Sector Accounting Standards (IPSAS). The Public Accountants Certification Training (PACT) contributes to increased public financial management (PFM) accountability, transparency and performance of Montenegro, in line with the PFM Reform Program for 2016-2020. In the period between autumn 2018 and spring 2020, the PACT program will continue in Montenegro through training a third generation (G3) of up to 40 students at the certificate level. It will entail three training modules and localization support that will be complemented with peer learning events.

Commitments and Amount Extended (EUR)

Reporting Year Commitments Amount Extended
2018 249 799 € 249 799 €
Total 249 799 € 249 799 €

Sectors share

Sector name Share
Public finance management (PFM) 100.0 %

Statistics

Statistics show the proportion of the PACT 3 Training Montenegro project compared to the implementing subject and the type of flow

Comparison based on the region

Other filtered aid Amount extended
PACT 3 Training Montenegro 249 799 €
Other filtered aid 1 040 712 182 €
Project/Region Amount Extended Ratio