Territorial reform to benefit from international expertise in its second phaseNov 25, 2014
Tirana, 25 November 2014 – One of the largest companies in the world that provides professional financial and audit services, KPMG, is going to assist the Minister of State for Local issues during the implementation phase of the administrative and territorial reform. They will provide their national and international expertise during the pilot project on the amalgamation of two new municipalities, Pogradec and Ura Vajgurore.
UNDP Country Director, Yesim Oruc and KPMG partner in Albania, Steven Nutley, singed the contract during an official ceremony attended by international partners of STAR project (Support to Administrative and Territorial Reform) supported by the Italian Government, Swiss and Swedish Government and USAID.
Minister of State for Local Issues, Bledi Çuçi during the signing ceremony highlighted that “This is one of the most ambitious projects undertaken in the area of the amalgamation of public entities. I believe that thanks to the unsparing assistance of UNDP and international partners that support STAR project, we have selected one of the best companies in the world to assist us in this challenging process.”
KPMG will assist the Minister of State for Local Issues throughout the pilot project and in cooperation with the LGUs’ staff will perform the inventory and financial consolidation process that comprises of: financial reporting, audit and administrative management. The company will develop a step-by-step methodology with the procedures of the amalgamation process that will be followed by 59 municipalities (apart from the two pilot municipalities). The methodology will cover many aspects of administrative and financial management such as: human resources (staff reductions, new organizational structure) financial aspect (cost of amalgamation process) and legal aspect (contracts, asset management, public entities). The methodology will be available for the new leaders of the municipalities that will come in office after the local elections in 2015.
KPMG operating in 155 countries, including Albania, is one of the “Big Four” auditors, the largest international network that provides professional audit, tax and advisory services.