The project increases capacities of CSOs in Armenia as independent development actors - to make them more competent, more responsive to citizens’ needs, and proactively supporting country’s development through practical, project-based approaches.
The project's overall objective is to contribute to the fight against corruption in Armenia. The specific objective of the project is to raise awareness, especially among youth, regarding the risks presented by different types of corruption and the value and rewards of resisting corruption as an investment in long-term personal and societal prosperity.
The project aims to provide technical assistance to the Public Debt Management Department of the Ministry of Finance under the guidance of its Director and encompass the following three areas of services:
The project will revise legislation to match good practice for public internal financial control; propose adoption of standards for internal control and internal audit that are in line with international good practice, incl. risk management and implement the foundation of the pillar on Financial Management Control.
The project aims at strengthening the independence, effectiveness and transparency of the Armenian External Audit system so that the audit processes of the Chamber of Control of the Republic of Armenia are compliant with the International Standards of the Supreme Audit Institutions.