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In recent years the Slovak Republic, which adopted the Euro as its currency on January 1, 2009, has earned significant funding from the European Union (EU). With its larger budget, the Ministry of Finance of the Slovak Republic (MFSR) invested in new projects and programs in the country's public sector. The new version of PMM complies with the strict requirements and best practices for project management in the public sector. Thanks to the success of the project, PMM became the official standard for project management throughout the whole Slovakian public sector.
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