FTI, the specialist treasury management, consultancy and systems company, has been awarded the contract to provide the debt management system for the Romanian Ministry of Public Finance (MoPF).
The project was won in a competitive international EU tender and is financed from EU PHARE funds. The total value of the contract is in excess of €500,000 and the system will be installed and put into operation by June this year.
FTI, along with its partner Sysware Systems Integration of Bucharest, will provide a modern and sophisticated debt management system that will enable the creation of a single database for all public debt, both central government and local government, and provide the capability to analyse, manage and report of all liabilities, direct and contingent. |
