We welcome the start of negotiations and discussions on Araratian Baccalaureate between the Ministry of Education and Science and Ayb Educational Foundation, anticipating efficient collaboration to make quality education accessible for everyone. We are hopeful that the enormous work of the Ayb Educational Foundation’s professional team, Araratian Baccalaureate international partners, regional schools and hundreds of teachers involved in the program will be ongoing and will contribute to the qualitative development of our educational system.
Highlighting the importance of the efforts parties undertake in order to resolve the existing situation, we believe it necessary to refrain from announcing interim results during negotiations and studies, as well as from declaring figures and other information before they are verified and confirmed.
Taking the opportunity, we reiterate that the Ayb Educational Foundation operates exclusively in a transparent manner and is constantly reporting to its benefactors and the public. The Foundation undergoes annual financial audit, which has been implemented by KPMG company in the recent years. The Ayb Educational Foundation’s financial statement and the independent auditor’s report are available for everyone; they are published on the official website for public announcements of the RA Ministry of Justice - azdarar.am, and on the Foundation’s website at https://foundation.ayb.am/en/reports. Within the framework of the National Program for Educational Excellence, all financial resources have served their purpose and have been used in accordance with the terms of the agreement concluded between the RA Ministry of Education and Science and Ayb Educational Foundation.
Board of Trustees
Ayb Educational Foundation