EU continues to invest in creating new job opportunities and strengthening fiscal governance in Armenia
The new programme "Better Qualifications for Better Jobs", with a budget of €15.2 million, seeks to improve the efficiency of Armenia's labour market and the employability of its workforce, with a particular emphasis on agricultural employment. Through the development of a national system of professional orientation, the reinforcement of career guidance centres and the improvement of lifelong learning opportunities, the initiative supports the development qualifications and employability of jobseekers. It also aims to improve the mechanisms to identify and match labour supply with private and public sector demand through more effective data collection and usage.
In addition, the initiative has a particular focus on the employment perspectives and qualifications for agricultural Vocational Education Training (VET) graduates by developing national apprenticeship schemes and the rehabilitation of agriculture VET centres.
In parallel, the newly signed programme to support the reform of Public Finance Policy (€10 million) in Armenia, addresses the accountability, transparency and effectiveness of public spending in line with international standards and practices. The programme will strengthen the accountability and transparency of the budget and its spending through better accounting as well as auditing practices; working with civil society and the National Assembly to ensure a more participatory budgeting process.
Background
While Armenia's economy has been growing over the past decade, the country has been exposed to external economic weakness. In this context the European Union supports Armenia's development efforts aimed at strengthening the employment opportunities to develop and nurture the country's human capital, to improve social security and strengthen the public administration and governance systems.
The funding comes through the European Neighbourhood Instrument (ENI), the main financial and cooperation instrument through which the funding is given to the European Neighbourhood Policy (ENP) countries, including Armenia.
For more information
Consult website of the EU Delegation to Armenia:
https://eeas.europa.eu/delegations/armenia_en
Follow: @EU_Armenia | Twitter
Like @eudelegationtoarmenia page on Facebook
Subscribe to online http://eunewsletter.am/
Watch https://www.youtube.com/user/EUDelArmenia
Eastern Partnership:
http://ec.europa.eu/enlargement/neighbourhood/eastern-partnership/index_en.htm
EU Neighbourhood Info Centre: