On 30^th October 2015 the Board of Trustees of the Fund for Rural Economic Development in Armenia (FREDA) held its regular meeting in the conference hall of the Government. Within the framework of the agenda the following was discussed and approved:  the changes and amendments of the Fund’s summarized budget for 2015, draft summarized budget and maintenance expenditure estimates for 2016, staff list and the annual work plan for 2016. As well as, Ernst & Young” CJSC was re-elected as independent auditor of the Fund’s financial statements for the year ending 2015.