ArmInfo.The Eurasian Fund for Stabilization and Development (the former EURASEC Anti-Crisis Fund) will award a $518,000 grant to Armenia for establishing an e- labor exchange.
At its meeting on Thursday Armenia's Cabinet approved a proposal to sign a grant agreement with the Eurasian Development Bank. The EFSD will award a grant under the E-Labor Exchange programme.
The e-labor exchange will help resolve a number of employment problems in Armenia by affording ampler opportunities to jobseekers and employers, which will reduce unemployment in the country.
