The Ministries of Finance of Moldova and Georgia will sign a memorandum of understanding to share experience in formulating the budget-fiscal policy, managing public finances and improving accounting, IPN reports.

The Cabinet endorsed a bill to this effect. Under the bill, the sides will exchange information on tax administration, decision-making and legislation drafting. There will be organized consultation visits, training programs, workshops and conferences involving specialists from both of the countries.

The costs for implementing the planned measures will be covered with money from the budgets approved by the involved institutions.