Narrative Description of Project:

The global objective of the assignment is to support the Ministry of Education and Science in identification and formulation of policy options/legal requirements for establishment National Training Fund to support VET skills development in Armenia.

Specific objective(s) are (a) Conduct feasibility analysis of skills development financing by means of national training funds comprised of contributions from various stakeholders, such as employers and employees (b) Review current policy and legislation; identify policy options/ legislative requirements for establishment of a National VET Fund.

Description of Actual Services Provided by Your Staff:

The Consultant developed a strategic and comprehensive, integrated and participatory approach to the drafting of the legislation/policy options for National Training Fund establishment. The legislation/policy options drafted should seek to establish integrity, relevance and compliance with the policy/legal requirements of Armenia and at the same time represent international best practice in the area of national funds.

The Consultant, in collaboration with the Resident TA, conducted consultations with key stakeholders at the commencement of the consultancy in Armenia. Regular status meetings were held with the participation of the Consultant and the Resident TA. The Consultant carried out the following activities in order to meet the objectives stated above:

• Undertake review and analysis of available policies/legislation relevant to establishment of National Training Fund
• Elaborate policy proposals / recommendations for establishment and effective operation of National Training Fund
• Based on the policy proposals and in consultation with the Resident TA Team, prepare various drafts of the legislative requirements for the smooth operations of the National Training Fund
• Prepare the final draft of the legislation for the National Training Fund