According to ADB documents, the proposed public efficiency and financial markets program aims to strengthen fiscal sustainability and deepen financial markets in Armenia. The TA will:
1. Assess the financial sector to get an understanding of the level of development in the money market and its interactions with the government's debt-issuance program
2. Review international best practice in financial sector and capital market development to understand the gaps and binding constraints in the Armenian context
3. Work with MOF to improve its PPP capacity and improve operations in debt management
4. Suggest strengthening of the draft policy matrix on the basis of discussions with the government
5. Work with government agencies to support implementing the policy actions necessary for subprogram 1
6. Build institutional and individual capacity in government agencies to ensure that policy actions will continue after the program has finished
7. Work with the government agencies to support implementing the policy actions necessary for subprogram 2
8. Report to ADB on progress of each of the major activities listed.
Project Officer: Niazi, Tariq H.
Central and West Asia Department
No contact information provided at the time of disclosure.
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