HY RU EN
Asset 3

Loading

End of content No more pages to load

Your search did not match any articles

USAID to Assist in Raising Public Awareness of Pension System in Armenia

USAID/Armenia  Head Karen Hilliard and Armenia’s Minister of Labor and Social Affairs Artem Asatryan signed two grant agreements on December 20 designed to increase public awareness of the country’s ongoing pension system and enhance the quality of social services.  

The goal of the first program is to continue USAID’s efforts in strengthening the capacity of the Ministry of Labor and Social Affairs to carry out public awareness campaigns on the new pension system as well as implement financial literacy projects through the government-funded Pension System Awareness Center Foundation.

The one-year program complements USAID’s work through its Pension Reform Implementation (PRIP) program, the Finance for Economic Development (FED) program, and the Tax Reform Program (TRP). In its turn, the World Bank has provided a grant to support development of the Unified Pension Portal and the Unified Pension Hotline Service for Armenia.

As part of the second agreement, USAID will support the Ministry to enhance the quality and efficiency of social protection services to the Armenian population. The program will assist with the implementation of the Government of Armenia’s initiative – the Integrated Social Services System (ISSS) – and will address critical challenges during the introduction phase. With the establishment of the ISSS, the Government aims to create incentives for economic growth and poverty reduction through human capital development. In addition, the nature and the role of social work will be revisited.

Both grants are part of the Health and Social Reform Assistance Agreement that USAID signed with the Armenian government in September 2013. 

Photo - Minister Artem Asatryan

Write a comment

Hetq does not publish comments containing offensive language or personal attacks. Please criticize content, not people. And please use "real" names, not monikers. Thanks again for following Hetq.
If you found a typo you can notify us by selecting the text area and pressing CTRL+Enter