DUSHANBE , February 13, Asia-Plus - At the end of last week, Tajikistan ’s State Finance Control Committee and British State Audit Service signed in Dushanbe a cooperation agreement.

Sharif Mulloyev, First Deputy Chairman of Tajikistan ’s State Finance Control Committee, has told Asia-Plus that the document was signed for the purpose of strengthening audit functions and training personnel.  Under this agreement the finance control committee will cooperate with the British high audit organ during a year.  

“For these purposes, the World Bank has provided a grant of 295,000 U.S. dollars,” Mulloyev said.  

According to him, top managers of the project, Eric Nickols (head) and Charles Elkot (manager), have been to Tajikistan since February 5 and over the past period they have managed to hold talks with senior representatives from the country’s parliament and finance ministry, as well as have familiarized themselves with activities of organizations being within jurisdiction of the finance control committee.    

Mulloyev says some changes will be made to the country’s audit and finance legislation.  

“It is necessary to work out new standards and legal documents to raise a level of management of state funds,” Mulloyev said, adding that it is the main objective of the signed document.