TitleArmenia Regulatory Simplification - Doing Business Reform Project
Type of projectSustainable Economic Development
ClientMinistry of Economy, Yerevan
Origin of fundingInternational Finance Corporation (IFC), Washington, D.C., United States
Duration02/2011 - 08/2011

The project component implemented by PEM CONSULT and its partners contributed to the creation of a risk-based inspection system in Armenia.

Project activities comprised:

  • Helping Armenian Government understand risk-based approaches in pilot inspections and initiate work on this area - suggesting options with regard to a more optimal, cost efficient and effective inspection system in Armenia;
  • Setting up databases of businesses under supervision for several key regulatory agencies, including the necessary data to allow for risk-based planning of inspections [including setting up data collection mechanisms etc.];
  • Developing and implementing mechanisms for inspection targeting;
  • Developing inspection check-lists for several key regulatory agencies in the most important business sectors;
  • Training the personnel of these inspection agencies in using the new tools.