(Photo: VNN)

The Ministry of Finance (MOF) and ADETEF, a public interest group based in Paris, have signed a framework agreement to boost their cooperation in the 2011-2013 period.

Under the agreement, the French agency will help MOF reform its public financial management in the fields of tax, customs, treasury and financial inspection.

The two sides will cooperate to enhance financial and budget management capacity, focusing on training and improving staff’s skills.

Additionally, the Central Bank of France and the French Banking and Insurance Supervisory Authority will also share their experiences in the management and supervision of banking and the operation of insurance businesses.

Source: VNA