Arka News Agency, Armenia
March 2 2007

AMERIA CJSC CONDUCTING EVALUATING STUDY OF TECHNICAL ASSISTANCE
PROGRAM OF JAPAN POLICY AND HR DEVELOPMENT FUND IN ARMENIA

YEREVAN. March 1. /ARKA/. Ameria CJSC in cooperation with Universalia
Management Group (Canada) is implementing the evaluating study of the
Technical Assistance Program of Japan Policy and Human Resources
Development Fund (PHRD) in Armenia.
America Company reported on Friday that the Trust Fund Operations
Department of the World Bank has commissioned the Canadian consulting
company, Universalia Management Group to evaluate the activity
results of the PHRD since 1999, and to present a recommendation for
improvement of the PHRD Fund.
The study includes evaluation of PHRD Fund projects in India,
Indonesia, Vietnam, Ethiopia, Columbia, and Armenia, the countries
selected for the size and representativeness of their PHRD Fund
projects.
America Company conducted the evaluation in Armenia in
January-February 2007.
PHRD Fund is one of the largest Trust Funds of the World Bank
established in 1990 in partnership with the Government of Japan.
Since fiscal year 2000 the Government of Japan has contributed over
USD 250mln to the Fund to implement five major programs
capacity-building programs in the World Bank member countries, among
them the PHRD Technical Assistance Program. TA Program is the largest
PHRD program providing grants to assist the Bank’s member countries
to prepare and implement Bank-supported operations financed by IBRD
loans and IDA credits and grants. In addition this program supports a
range of climate change related programs and aid coordination
enhancement activities.
Ameria is a group of professional services companies registered in
Armenia with the objective to provide a comprehensive package of
professional advisory and assurance services. Ameria specializes in
four major areas of professional activities: management advisory
services; assurance and advisory services; legal advisory services;
investment banking. Established in 1998, the company has become a
leader in the Armenian market of advisory services bringing an
international reach and local touch to complex issues rising in more
than 30 industry sectors. R.O. -0–