In August – September, the “Strategic Development Agency” NGO within the framework of the “Modernizing Vocational Education and Training in Agriculture in Armenia” (MAVETA) project organized a training on “Financial analysis for effective management” for the representatives of private sector of Lori and Syunik regions.
The purpose of the training was to improve the knowledge about financial analysis and the ability to create financial reports for partner organizations and farmers in order to provide a comprehensive, accessible and holistic financial analysis and to improve the effectiveness of the organization’s management.
With the help of practical examples and tasks, the participants consolidated their knowledge, as well as asked the questions arising from their own experience in order to correct their mistakes and existing gaps.
The MAVETA project is funded by a broad coalition of international and local organizations led by the Swiss Agency for Development and Cooperation (SDC), including the Austrian Development Agency, the German Ministry for Economic Cooperation and Development (BMZ), the Government of Armenia, the Swiss Church Aid (HEKS/EPER) NGO, Izmirlian Foundation, the Strategic Development Agency (SDA) NGO and Vanand Agro CJSC.
The project’s implementing partners are the GIZ and HEKS/EPER with the involvement of SDA and the School of Agricultural, Forest and Food Sciences at the Bern University of Applied Sciences (HAFL).
