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Armenia is Restructuring the Pension System
The current pay-as-you-go pension structure in Armenia will be replaced by the mandatory contribution system. Starting from January 2011, Armenians will take more responsibility for their pensions.
The Government of Armenia (GOAM) is in the process of developing a pension reform strategy to establish a pension system that ensures some type of income for each and every retiree, from a minimum benefit that exceeds the poverty line to a maximum benefit of providing funds equivalent to a substantial portion of an individual’s pre-retirement income. more... |  |
Voluntary Peer Review in Armenia
Three Armenian officials, representing the State Commission for the Protection of Economic Competition (SCPEC) participated in the 10th Meeting of Intergovernmental Group of Experts on Competition Law and Policy in Geneva, Switzerland in July 2009. Their participation was funded by USAID and organized by AED.
The Intergovernmental Group of Experts on Competition Law and Policy is a standing body established under the United Nations Set of Multilaterally Agreed Equitable Principles and Rules for the Control of Restrictive Business Practices (UN Set) to monitor the application and implementation of the Set.
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Armenia is building institutional capacity in health insurance
Health Insurance system will reduce barriers to access for health services for all Armenians, provide affordable access to health care for vulnerable and rural populations, provide incentives to improve the quality of health services, reduce informal payments to providers.
In 2008, representatives of the Ministry of Health and the Central Bank of Armenia participated in a USAID-funded, AED administered, study tour to Germany. more... |  |
Association of Accountants and Auditors Strives to Improve the Accounting System
USAID supports the Association of Accountants and Auditors, which is well positioned to advocate for further implementation of International Financial Reporting and International Accounting and Auditing Standards.
Conversion to International Accounting Standards requires a well educated workforce, skilled in such areas as overall business management, marketing and sales management, cost accounting, finance, product design, technical production, and modern business practices. more... |  |
Study Tour Experience Inspires Action.
As the largest election monitoring organization and a key player in building democracy in Armenia, It’s Your Choice (IYC) NGO recognizes the importance of transparency and accountability in local governance. In April 2008, a group of IYC representatives participated in a study tour to the US to learn the fundamentals of rating the post-election activity of elected officials. The participants gained valuable insight and determination to introduce mechanisms of public supervision over elected body activities in their home country. more... |
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