Public Finance Management In The South Caucasus

Monetary administration focuses on ratios, equities and debts. Good financial administration will assist your small business to make efficient use of resources, fulfil commitments to your stakeholders, achieve aggressive advantage and prepare for long-term monetary stability. A cash flow statement reports an organization’s inflows and outflows of cash and cash equivalents over a specific time period. As an analytical software, the assertion of money flows is helpful in determining the short-time period viability of an organization, notably its ability to pay bills. Nevertheless, the paper also notes that since 2000 there was a fast progress in overseas investment by various agencies and funds that are usually more commercially oriented. By mid-2004, this group of actors had invested a total of practically USD1.2 billion in about 500 MFIs. The authors note that the equity, loans, and guarantees that they provide to MFIs are sometimes much less subsidised than grants and loans …

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