resettlement and ethnic group development plan (myanmar
TRANSCRIPT
Power Network Development Project (RRP MYA 50020)
Resettlement and Ethnic Group Development Plan (Myanmar Language Translation)
March 2018
MYA: Power Network Development ProjectβTransmission Component Prepared by AF-Consult Switzerland Ltd. for the Department of Power Transmission and System Control and the Asian Development Bank. This resettlement and ethnic group development plan is a document of the borrower. The views expressed herein do not necessarily represent those of ADB's Board of Directors, Management, or staff, and may be preliminary in nature. In preparing any country program or strategy, financing any project, or by making any designation of or reference to a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.
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α ααααΈ TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ - α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α
α α¬αα»ααΈα α¬αααΈ α‘αα‘α α¬ α»ααααα±ααα¬ααα¬αΈα±ααΈαα
αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ
α ααααΈα‘ααΌααΈ αααα
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AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ - α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
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αααΈαααΈα‘ααΈααΌα α‘α¬αααΌααΏααΈα±ααΈαα α‘ααΌααΈ αα α±α‘αααααΈαα¬ αααΈααα±αα¬ααΈαΏααα±αα¬αΈ ααα αααΈαααααα¬α ααα αΈαααΈαααΈα
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α ααααΈ TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ - α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α
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α‘αααααΈα‘ααΌααΈ αααα
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AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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α‘ααΈα±αα¬ααΈ α αα¬ααα¬
ACC αααΈαααΈαααα¬α αα αΈαα¬α±αΎαα±αα±αα¬αΈα±αα±αα¬αΈαα
ADB α‘α¬ααΌαα»ααΏαα±ααααΈ
DMS α‘α±αα ααΈαααΈαα¬α α αΈαααΈα±αα¬ααΈααα
DPTSC ααΌααΈα α αΈαα«ααΈα‘α¬ααααααΈα±αααΌααΈ αα»ααΈαα±α α₯α αα¬α
FGD ααααΈαα±αα» αααΈαααΈ α‘ααΈα αα¬ααΌααΈα±αα» α±αα» αα
GAD α‘α±αα»α±αα»α‘ααΈαααΈα±αα₯α αα¬α
GOM αααΈα±αα¬ααΈα αααΈαα¬αααΈαα±αα¬αΈα‘α α
GRC α‘αααΈαα±ααααα¬ααΌααααΈα±αααΌααΈα±αα±αα¬αΈαα
GRM α‘αααΈαα±ααααα¬ααΌααααΈα±αααΌααΈα±αα αα αΈ
IA α‘α±αα¬ααΈα‘αααΈα±αα¬αΈα±αα¬ααΈαααΈ αα¬α
Km ααααα¬
kV αααα
LUC α±ααα¬α‘αααααΈααΌααΈ
MMK αααΈαα¬αααΈα±αα»
MOEE ααΌααΈα α αΈααΌααΈ α α»ααΈα‘ααΈαααΈαααα¬α
MONRE αααα¬αααΌααΈ ααα¬ααααΈαααΈαααΈαααΈαααΈα±ααααΈαααα¬α
PIB α‘αα¬αααΈαα‘αα»ααΈ ααααΈα‘αααΈα‘αααΈαα¬αα«αααΈαααΈ α α¬α‘ααΈαααΈ
PMU α ααααΈα ααααΈααα»ααααα αΈ
PPTA α ααααΈα‘αααααΈαααΈα±α αααΈααα¬α‘α±αα¬ααΈα‘α
REGDP αααΈαααΈα±ααα¬ααα¬α±αααΌααΈ αααΈαααΈαα¬ααα‘ααΈα αα¬ αα»ααΏαα±αα‘α α‘α α₯αΈ
ROW αα«ααΈα‘α¬αααΈαααΈααααΈ
SPS αα¬αα»ααΈα±α α¬ααΈα±ααΌα¬ααΈα±ααααΈαα¬ααα«α αααΈαααΈα±αΎααα¬αααΈ
TOR α‘αα‘αα¬α‘αααΈα‘αααΈαα¬
TL αα«ααΈα‘α¬ααααααΈαααΈαααΈ
USD α‘α±αααααΈα±αααα¬
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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αα¬ααα¬
1 α ααααΈα‘α±αΎαα¬ααΈα±αα¬αΈααααΈ .......................................................... αΏ
1.1 α ααααΈαααΈαα¬ α±αα¬ααΈαα‘α±αΎαα¬ααΈα‘αα¬ ................................................................. αΏ
.αΏ αα«ααΈα‘α¬ααααααΈα±ααααΈ α‘α ααΈα‘αααΈ ααΌααΈ α±ααα¬αααααΈαααΈαααΈ α‘αααΈα‘αα¬ ...... αΏ
.α ααααααααΈαααΈαααα¬α‘α±ααααααΈααα α±ααΌα¬ααΈααΌα¬αααΈααΌααΈ α‘αααΈααα αΈα±α αααΈ
α αα±αα¬ααΈαα»ααΈαααα¬ααΌααΈ α‘αα¬α±αα» αααΈαα»ααΈαααΈαααΈ ................................................. α
.α REGDP α αααΈαα»ααΈαααΈ ..................................................................................... αΏ
.α α ααααΈαααΈαα¬α±αα¬αΈααααΈ ααΌααΈ REGDP αα»ααΈ α‘αααΈα‘αααΈαα¬αααΈααααΈα α»ααΈαααΈ
α‘α α‘αα‘αα»ααΈ α‘α±αα...................................................................................... αΏ
αΏ α±ααα¬αααααΈαααΈαααΈααΌααΈ αααΈαααΈα±ααα¬ααα¬αααΈα‘αααΈα‘αα¬ ..... αΏ
αΏ. ααααΈαα»α¬α±αα¬ α±ααα¬αα¬ααΌααΈ αααΌαα¬ ............................................................... αΏ
αΏ.αΏ ααααΈαα»α¬α±αα¬ α±ααα¬αα¬α‘α±αα αααΈαααΈααα‘α±αα‘αα¬ ......................................... αΏ
αΏ.α ααααΈααα±αα¬ α‘ααΈα±αα¬ααΈα αα¬ ........................................................................... αΏα
αΏ.α ααααΈαααα¬α α‘αααΈα‘αα¬ ............................................................................... αΏα
αΏ.α ααααΈαα»ααΈα±αα¬ α‘ααΈα αα¬ ................................................................................. αΏα
αΏ.α α‘αα¬ααααΈα±αα¬ αααΈαααΈαααα¬ ........................................................................... αΏα
α αααα αα»α¬αααΈαα¬ α‘α±αα‘α±α .......................................................... αΏα
α. α α αΈαααΈα±αα¬ααΈααααΈ αααΈα αα αΈ ........................................................................ αΏα
α.αΏ αα«ααΈα‘α¬ααααααΈαααΈαααΈαα¬αααΈαααΈαα»α¬αααΈαΏαααααΈαα¬ααΌ αα₯α±α ααα¬α ααΌααΈ
αα₯α±αααααΈααα‘α±αα‘α±α .............................................................................. αΏα
α.α ααααΈα±αα¬ α‘ααΈα±αα¬ααΈα αα¬α αα₯α±ααααΈαα¬ α‘αααΈα‘αααΈαα¬ ............................. αΏα
α.α α‘ααΈα±αα¬ααΈα αααΈαα¬α ααα¬α±α ............................................................................ α
α.α α‘ααΈα±αα¬ααΈα αααΈαα¬α α‘αααΈα‘αααΈ ...................................................................... ααΏ
α.α α‘ααΈα±αα¬ααΈα αααΈα±αα» ααΌααΈ α‘αα αααΈαα¬ .................................................................. αα
α.α α±ααα¬αααΈαααΈαα................................................................................................. αα
α.α α ααΈαα±αα» αα±ααααΈα±αα¬ααΈαααα¬ ......................................................................... αα
α.α α±αααΌααΈααα¬α αα αΈ ................................................................................................. αα
α. ααααΈαα»ααΈααααΌααΈ α‘ααααααΈα±ααααΈαα¬αα» αααΈα ααΈαα¬αααΈα α αΈαααΈ .............................. α
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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α TLα αΎαα€α‘αα»ααΈααΌαααΈαααΈαα¬α‘ααΈα αα¬ ............................................. α
α. αααΈαααΈαα¬α‘ααΈα αα¬α‘αα»ααΈ ααααΈαααααΈα α αΈαααΈα αααΈαα»ααΈαααΈ ............................ α
α.αΏ α‘αααΈα‘αααΈα±αα¬ααΈααααΈαααΈα αα αΈ ................................................................ α
α.α TL α ααα‘αα»ααΈααΌαααΈαααΈαα¬α‘ααΈα αα¬α ααα±ααααΌααΈ αα₯αΈα±ααααα ....................... α
α.α αααΈαααΈαα¬α‘ααΈα αα¬α‘α±αα TL αα¬α αααΈα±αα¬ααΈααααΌααΈ αα»ααΏαα±ααααΈα±αα¬ααΈαααΈαα¬ ... ααΏ
α α‘αααΈα‘αααΈαααΈαααΈα±αΎααα¬ααααΌααΈα‘αα¬αααΈαααΌααΈαααΈαααΈα±αα» α±αα» αααΈαα¬
.................................................................................................αα
α. α‘αα¬αααΈααα«αααΈα±αα¬ααΈαα»ααΈαααΈαααΈαα¬ αααΈα±αα¬ααΈαααα¬α αααΈαα»ααΈαααΈ ................... αα
α.αΏ ααααΈα‘αααΈα‘αααΈαααΈαααααΈ ........................................................................... αα
α.α α‘ααΈα±αα¬ααΈα αααΈαα¬α α αΈαααΈα±αα¬ααΈααααα¬α ααααΈ ............................................... αα
α.α αααΈαααΈα±αα» α±αα» αα»αα¬ .......................................................................................... αα
α.α α‘αααΈα‘αααΈαααΈαααΈα±αΎααα¬αααΈααΌααΈ αααΈαααΈα±αα» α±αα» αααΈαααΈαα¬ α α α₯αΈαα¬ααΌαααα¬ ...... αα
α α‘αααΈαα±ααααα¬ααΌααααΈα±αααΌααΈα±αα αα αΈ ............................................. α
α. αααΈαααΈαααα¬α‘α±αααα αΈαα¬α±αΎαα±αα±αα¬αΈα±αα±αα¬αΈααααΌααΈ α‘αααΈαα±ααααα¬ α±αααΌααΈαααΈ .... α
α.αΏ α‘αααΈαα±ααααα¬ααΌααααΈα±αααΌααΈαααΈαααΈαα¬ αααΈααααΈαααΈαα¬ .................................. α
α ααα«ααααΈαααΈαα¬ααΌααΈα₯αα±αα±ααα¬ αα±αα¬ααΈ ........................................... αα
α. ADB α ααα«ααα¬ααΌααΈ αααΈαα¬αααΈαα ααα«ααα¬ α±α α ααΈα±αα«ααΈααααΈ ........................... αα
α.αΏ REGDP α±ααα»α±αααΌααΈ α‘α±αα¬ααΈα‘αααΈα±αα¬αΈα±αα¬ααΈα±αααα¬ ...................................... αα
α αα α¬αα»ααΈ ...................................................................................... ααΏ
α αααΈαααΈα±ααα¬ααα¬α±ααααΈαααΈααΌααΈ ααα¬α±αα‘α α‘α α₯αΈ ................... αα
α. αααΈαααΈααΌααΈ αααΈααααΈααΌααΈαααΈαααΈα αα αΈ .......................................................... αα
α.αΏ ααα±αα» α‘αααΈα‘αα αΈααΌααΈα αααΈαα ............................................................................. αα
α.α αα αΈαα¬α±αΎαα±αα±αα¬αΈαααΈ αααΈαααΈ ..................................................................... αα
α‘α±αα¬ααΈα‘αααΈα±αα¬αΈα±αα¬ααΈα±αα‘αααΈααα¬ ...................................... α
αααΈαααΈα±ααα¬ααα¬αααΈα‘αα»ααΈ α‘ααΈα ααααΌααΈαααΈαα¬ αα±αα¬ααΈ ........ ααΏ
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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αΏ α±α α¬ααΈαΎαααΈαααΈααΌααΈ α‘ααααΈαααΈ ..................................................... αα
α±αα¬ααΈαααΈαα»αα¬
α±αα¬ααΈαααΈαα» α‘ααΈα±αα¬ααΈα αα¬α‘αα»ααΈ α±ααα»ααΈαα¬
α±αα¬ααΈαααΈαα» αΏ α‘αα¬αααΈαα‘αα»ααΈ ααααΈα‘αααΈαα¬αα«αααΈαααΈ α α¬α‘ααΈαααΈ
ααα»αα« αααΈαααΈα±αα» α±αα» αα»αα¬ααΌ ααΌααΈαααΈαα¬
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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α‘ααΌα αΈαααΈ
α ααααΈα‘α±αΎαα¬ααΈα±αα¬αΈααααΈ
α€αααΈαααΈα±ααα¬ααα¬α±αααΌααΈ αααΈαααΈαα¬ααα‘ααΈα αα¬αα»ααΏαα±αα‘α α‘α α₯αΈ (REGDP)
αααΈαααΈαα¬ααΌααΈα α αΈαα«ααΈα‘α¬αα»ααΈαααΈαα»ααΏαααααΈα±αα ααααΈα ααΌααΈα α αΈαα«ααΈα‘α¬ααααααΈα±αα‘α ααΈα‘αααΈαα αΈα±αα¬ αΏα αααα αα«ααΈα‘α¬ααααααΈα±ααααΈ (TL) α αααΈα‘αα»ααΈ αα αα¬αααΈαα αΈαα«αααΈα TL α αααΌα¬
α±α‘α¬ααΈαα«α‘αααΈαα αΈαααΈ () α‘α-ααα¬ (αααΈαα¬αααΈ - α .αΏ ααααα¬) (αΏ) α‘α-ααα¬ (ααα α ααααα¬) ααΌααΈ (α) α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ (αΏα α ααααα¬) αααα αΈαααΈα ααα TL αΏ αααΈααΌα¬
αααΈαααΈαααΈα±ααααα‘αα»ααΈααΌαααΈαα αΈαα¬ α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈαααΈααΌα¬ αα»ααΈαααΈαααΈααΌααΈ αααα€α¬ααααΈα±αααααα»ααΈααΌαααΈα α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL αααΈαα»ααΈ αααΈααΌ αα«ααΈα‘α¬αα»ααα αΈαα‘αααΈ
α±αα¬ααΈαααΈ αα«ααΈα‘α¬αα»α αΏ ααα‘ααΈαααΈα α‘α-ααα¬ TL αααΈ αΏ αααΈααααΈ αααΈααΌ αα«ααΈα‘α¬αα»α αΏ αα αααΈαα»ααΈαα¬αααΈα αα«ααΈα‘α¬ααααααΈα±ααααΈ α αααΈαα ααΌααΈα α αΈαα«ααΈα‘α¬ααααααΈα±αααΌααΈ αα»ααΈαα±α α₯α αα¬α
(DPTSC) α α‘α±αα¬ααΈα‘αααΈα±αα¬αΈα±αα¬ααΈαααΈαα αΈαααΈα
α±ααα¬αααααΈαααΈαααΈ ααΌααΈαααΈαααΈα±ααα¬ααα¬αααΈ α‘αααΈα‘αα¬
αα¬αα«αααΈαα¬αα‘α±ααααΈα±αα¬ααΈαααΈα‘αα»ααΈ ααααααααΈα±ααα¬α αααααΈαα‘ααΈαα«αααΈ - α±αα¬αΈααΏαααΈ-α±α-
αα¬αααΈ TL α‘αα»ααΈ .αα αααΈαα¬ ααΌααΈ α‘α-ααα¬ TL (αα) α‘αα»ααΈ .αα αααΈαα¬ αα‘ααΈαα«αααΈα α‘α-ααα¬ (αααΈαα¬αααΈ) TL αααΈ α‘α ααααΈα±αα±αααα»ααΈ αααΈαααΈαα»α¬αααΈαα αΈαα¬ αα¬αα±α αααΈα±αα«ααΈ αΏα α
αα¬α α±αααα±αα¬ααΈααααΈαα αΈαα«αααΈα TL αΏ ααα»ααΈ αααΈα±αα¬ααΈα±ααα¬αα‘αα»ααΈ αα ααα¬αααΈαααΈα±αα¬α ααα‘αα»ααΈααΌ αααΌαα¬α αα¬ααααΈααΌα¬ααααΈαα αΈαα«αααΈα α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL
α‘αα»ααΈ αα«ααΈα‘α¬αα»α αΏ ααααΈα±αα¬ααΈαα¬αα»ααΈ α‘ααΈ α αααΌααΈ .αα αααΈαα¬ααΌ αα¬αα¬α ααΈαααΈ ααααΈαααΈαα αΈαααΈα αααααΈααααααα¬α‘α¬αα ADB α αααα±ααααΈαα¬αα¬αα»ααΈα±α α¬ααΈα±ααΌα¬ααΈαααα‘ααΈαααΈαα¬ααΌααΈα‘α
αααΈαααΈα‘α α¬ααααΈα±αα¬αααΈααααΈ α±αα±αα¬αΈαααΈαα αΈαααΈα ααα¬α₯αα±αα‘αα±ααααΈαααΈαααααΈαααααΈαα αΈα±α αααΈα ααααα»α¬α±αα¬ αααΈαααΈαααα¬ ααΌααΈ/ααααααΈ α±ααα¬αααΈαααΈαααααΈα±αΎαα¬ααΈ αααΈα±αα»ααααααα¬α
α±αα±αα¬αΈαα»α¬αααΈαα αΈαααΈα ααααΈααα±αα¬ α‘ααΈα±αα¬ααΈα α‘α±αα‘αα»ααΈα α α±αα«ααΈααΌα¬ ααα αα αΈαα«αααΈα
αααα αα»α¬αααΈαα¬α‘α±αα‘α±α
α±αα¬ααΈααα¬α±αα¬ ααα-α αα»α¬αααΈαα¬ α α αΈαααΈααααΈα‘α α‘ααΈα±αα¬ααΈα αα αΈα αα»ααΈ αα₯α±α α α₯ααΌ α α₯α‘αααΌαα¬
α‘αα¬α ααΌα¬ αααΆαα¬αα¬αααΈαα¬αα αΈαα«αααΈα α±αααα‘α¬αααΈα‘ααα¬α‘α±αα‘αα»ααΈαααΈ α‘αααα‘α±αα‘αα»ααΈαααΈ αα¬αα«αααΈα αα₯α±αα α α±αα«ααΈα α α% αααΈααααΈ α‘αααΈαα‘α±ααααΈ αααααΈααα¬α±α
αααΈα±αα¬ααΈαΎααα«αααΈα α‘ααα¬αα¬ααΌααΈ α‘ααααα¬αα»ααΈ α‘αααΈαααΈαααααΈααΌα¬ αα¬αααΈααααΈα‘α¬αααΈ αααΈααααΈαα αΈαα«αααΈα α‘αααααΈα±αα»ααα¬α‘αααΈααΌα¬ α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL αααΈα‘αααΈαα»ααΈ
α ααΈαα±ααααΈαααΈαα αΈαΏα α‘αα¬ αΏαααα±ααααΌ TL αΏ αααΈαα»ααΈα α±ααα α¬α ααα α¬αααΈαααΈαα¬αα αΈαα«αααΈα αααΈααΌ ααΌα αΈα α₯αΈαααΈα±αα»ααΌα¬ α‘α±αααααΈα±αααα¬ α αααΈααα αΈα±αα¬αΈαααΈ α‘ααΈα±αα¬ααΈα α‘αα¬α αααΈ α‘αα αααΈαααααΈααα±αΎαα¬ααΈ
αα±αα» ααααΈααΌαααΈα αααΈα±αα»-αα»ααΈα±αα» α‘αΎαα¬αα»α¬ααααΈα αααΈαααΈαααΈ αααΈαααααΈ α‘α±αα» αααα α» αααΈα
α±αα»ααα¬αααΈαα¬ααΌααΈαααΈα±αα»αααΈααα¬α‘αΎαα¬ααΌ α‘αααΈα‘ααΌααΈαααααααα¬α‘α±αα ααΌααΎααααΈα α‘αα αααΈα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
Page8
αααΈαααΈαααΈαα α‘α α¬α‘α α¬α‘αα»ααΈα‘ααα±αααααΈα α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈα‘αααΈααΌ αααΈααΌα±ααααΈαααΈααααΌα¬
α‘ααΈα±αα¬ααΈα αα αΈα αααΈ α.αΏ αααΈαα¬αα αΈαΏα αααΈαααΈααΌ TL αΏ ααα»ααΈα αααΈααα¬ααααΈαα¬α α»α¬αααΈαααΈα αα‘αα¬α αα»ααΈ α±αα‘αααααΈααΌααΈ (LUC) ααΌαΎααααΈα αα¬αα‘αααΈαααΌα ααΈαα±αα¬αααΈααα¬α‘αα¬α αααΈ
ααα¬ααα»ααΈαα¬ α ααΈααΎααααΈα α‘α¬αααα«αα»ααΈ α±αα¬ααΈαα»ααΈα±αα¬α‘ααΈαα¬αα¬ααΌαΎααααΈα ααα±αα¬αΈ α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ α‘αααΈαα»ααΈ αααΈαααΌααΈα±αα¬α±αα‘αααΈα‘αα αΈαααΌαΎαα±αα α‘ααΈα±αα¬ααΈα αα¬α‘α¬αα α±αααα αΈααααΈααααΈ
α‘αααα₯α±αα¬ααΈα±αα¬ α‘ααΈα±αα¬ααΈα αα¬αα αΈαααΈα αααΈα±αα» αα αΈα±αααααΈ αΏ α±αααα¬α±α‘α¬ααΈαα¬ααΌαΏα ααααΈα α»ααΈα±αα¬α‘ααΈα±αα¬ααΈα αααΈαα¬αα«αααΈαααΈ α‘ααΈα±αα¬ααΈα αα¬αααΈααΌαααΈα
TL α αΎαα€α‘αα»ααΈααΌ αααΈαααΈαα¬α‘ααΈα αα¬
α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL αααΈαααΈαα»ααΈαααΈ α α αΈαααΈαα»ααΈ αααΈαααΈαα¬α‘ααΈα αα αΈααα«αααΈααααΈ αα αΈααααΈα±αα¬α±ααα¬αα αΈαα«αααΈα αααΈα‘ααΈα ααΌα¬ α‘ααΈα±αα¬ααΈα αα¬α ααΏ% αααΈααα αΈαΏα αα»ααΈαααα αΈαα«αααΈα αααΈαα
α‘ααααα¬α αα αΈα±αα¬ ααα¬αααα¬αααΈ α‘αα¬ TL αααΈαααΈαα»ααΈα±ααα¬αα¬αα»ααΈ α‘ααΈα±αα¬ααΈα αα¬α % αα αΈαα«αααΈα αα‘αα¬α±αααα±αα¬ααΈα±ααααΈααα αα¬α ααΌα αΈα±αα«ααΈαα¬α α»α¬α‘αααΈα‘ααΌααΈαα±αα»αααα
α‘αααα»ααααααΈα±α‘α¬ααΈααα αΈααααΈααΌααΈ αα»ααΈαααΈα±ααα¬αα‘αα»ααΈ α‘α αααα«ααα¬α±αΎαα¬ααΈ αα»ααΈααΌααΈ ααα¬ αα₯αΈα±ααααα¬α‘αΎαα¬αα»ααΈ α±αα¬α±ααΌα¬α±αα«ααΈα ααΈααα αα¬ααααΈαααΈαααΈαα¬αα¬α±αα»αααααΈα α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL
αααΈ αα»ααΈα‘ααΈα±αα¬ααΈα αα¬ α‘ααα±αα±αα¬α±ααα¬αα¬α αααΈαααΈααααΈα±α αααΈαααΈα ααα±αα¬αΈ αααΈαααΈ αααα±αα αα₯αΈα±ααα ααααααΈ ααα»ααΈααΎαααΈααα‘α α‘α±αααα±αα¬α±ααα¬αα¬α αααΈαααΈαα»α¬αααΈ ααααααΈ α‘α α₯αΈα‘αα¬α
ααα»ααΈααΎαααΈαααα¬α ααααΈαααΈαααΌα±αΎαα¬ααΈ α±ααα»α¬ αα»α¬ααΌ α‘ααΈαααΈα±αααΌαα¬αα±αα¬αΈαααΈα±αα¬ααΈα αααΈαααΈα±αα» α±αα» αα»αα¬α ααααΈαα¬αα±αα¬αΈαααΈα±αα¬ααΈ α‘α±αα‘αα¬αααα«αααΈα αααΈαααΈαα¬ααααΈα αα¬α
α‘αααααΈ αααΈααα αααΈαααΈαααΈαα¬α αααα±α αα₯αΈα±ααα ααααααΈ ααα»ααΈαααααΈαα¬ α‘α α₯αΈα‘αα¬αα¬ ααααααΈ α‘αααΈα‘αα αΈαα¬α‘α±αα αααα±αα¬ααΈαααα¬α α ααααΈα α±ααΌα¬ααΈααΌα¬αααΈαα αΈα±αΎαα¬ααΈ αα»ααΈααα¬α±αα¬ REGDP αα»ααΈ
α±αααααΈαα¬α αα‘ααΈαααΈα±ααα¬αα α±αα¬ααΈααα¬αα«αααΈα αααΈα±αα¬ααΈααααΈα α‘ααα«α±ααα‘αα»ααΈααΌ αααΈαααΈαα¬α‘ααΈα α α‘αα‘ααΌααΈααααΈα α¬ααΌααΈ ααΌααΈ αααΈαααΈαα¬ αααΈα±αα¬ααΈα ααΌαα¬ααα αΈαααα
αααΈααααΈααΌααΈα±αααα¬αααΈαα αΈαα«αααΈα
α‘αααΈα‘αααΈαα¬αααΈαααΈα±αΎααα¬ααααΌααΈ α‘αα¬αααΈαααΌααΈ αααΈαααΈα±αα» α±αα» αααΈαα¬
αΏα αααΌα αΈ α ααΈαααΈαα¬α-α±α‘α¬ααΈααα¬ααα»ααΈ αααΈααα±αα¬ α±ααα‘α¬αα¬αααΈαα¬ααΌααΈ α±αα»αααα»αα¬α αααΈαααΈα±αα» α±αα» αα»αα¬ ααΌααΈ αααα αα»α¬α α αΈαααΈα‘αα»ααΈ α‘ααΈαα¬ααα¬ααΌααααΈα ααααΈαααΈαα¬α‘αααΈα‘αααΈαα¬α
αααΈαα±αααα«αααΈα α ααααΈααΌααΈ αααΈαααΈα αααΌααα‘αααΈα‘αα¬αααΈαα«α±αΎαα¬ααΈ α α αΈαααΈα ααααΈαα±ααα«αααΈα ααα±αα¬αΈ α±ααααααΈαααΈα±αα¬αΈα α ααααΈαα»ααΈ αααα¬αααΌα±αΎαα¬ααΈ ααααααΈ ααα‘αααΈαα»ααΈ αααΈααα‘α±ααααΈ
ααααΌα±αα±αΎαα¬ααΈ α±ααΎαα¬αΎααα«αααΈα ααααΈααααΌαααΈα αααααΈααα¬α α ααΈαα±ααααααααΌααΈααΌααΈα α αΈα±αΎαα¬ααΈ αα αΈαααΈα±αα¬ α‘ααα¬ααΈααα α±αα¬ααΎααα«αααΈα αΏα αααΌα αΈ α ααΈαααΈαα¬α αΏα αααΈααΌ α±α‘α¬ααΈααα¬α αΏ
αααΈα±ααα‘αα»ααΈαα»ααΈ α±αα» α±αα» αααΈαααΈαα»α±αα«ααΈ αα» αααΈαααα«αααΈα αααΈα±αα¬ααΈαα ααΏ α₯α‘αααΈαΏ% ααααΌα¬ α‘ααααα¬αα αΈαΏα α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ αααΈαααΈαα»ααΈαα»ααΈ αα% ααααΌα¬ αααΈαααΈαα¬α‘ααΈα αααΈαα¬αα αΈαΎααα«αααΈα
α±αα» α±αα» αα»αα¬αα»ααΈ α‘ααα±αα¬ααΎαα±αα¬αα α₯αα¬ααΌα¬ ααααΈαααα¬α‘αα»ααΈ α±αα¬αΈα±αΎα ααΌααΈ ααΌααΈα α αΈαα«ααΈα‘α¬αααΌαα α»ααααα±αα¬ααΈαα»ααΈα±α α±ααα αα αΈαΎααα«αααΈα REGDP α αααΈαααΈαα»ααΈααΏααααΈααΌααΈ
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
Page9
αααΈαα¬αα¬αα¬ααΌααΈ αα»ααΈαα¬αα¬αα αααΈααααΈαα αΈαα¬ α‘αα¬αααΈαα‘αα»ααΈ ααααΈα‘αααΈα‘αααΈαα¬αα«αααΈαααΈ
α α¬α‘ααΈαααΈ (PIB) ααΌααΈα‘α α ααααΈα±αΎαα¬ααΈααααΈααααα¬ααα αααΈαα±ααααΈαα αΈαα«αααΈα REGDP α αα»ααΈαα±αα α₯αΈααΌααΈADB αααΌ α ααααΈαΏαα ααα‘α αααΈαα α¬ αααΈαααΈααααααααΈ αααΈα±αα¬ααΈα±αα
αααΈαααΈαααΈαααΈαααααΈα±αα¬ααΈα±αα α₯αΈα‘αααΈαα¬αα»ααΈ α‘αααΈαα¬α α»α¬αα«αααΈα±αα¬ αααΈαααΈα±αα» α±αα» αα»αα¬α αα¬αα‘αααΈα‘αα¬α‘αααΈ αααΈααα»α¬αααΈαα αΈαα«αααΈα
α‘αααΈαα±ααααα¬ ααΌααααΈα±αααΌααΈα±αα αα αΈ (GRM)
α±αα¬αΈα±αΎαααααΈαα¬αα¬αααΈααΌααΈαααΈα α±αα¬αΈα±αΎαα±αα‘ααΈαααΈαααΈαααΈα α₯αΈαα ααααΈααα» αααΈααΌααΈ ααααΈααα±αα¬
α‘ααΈα±αα¬ααΈα αα¬αα α±αα¬αΈα±αΎαα±αα‘ααΈαααΈααα αααΈα±αα¬ααΈαααΈ αααΈα±αααα/αααΈαααΈα‘α ααααΈ αα¬αα±αα«ααΈα αα«αααΈα±αα¬ α±αα¬αΈααααα»αα ααΈαααΈαα αΈαα«αααΈαα‘αααΈ α αααΈ αα«αααΈα±αα¬
α‘αααΈαα±ααααα¬ααΌααααΈα±αααΌααΈα±αα αα αΈαααΈ αααΈαΎαα¬αααα¬α αααΈα α±αααΌααΈαα¬αα»ααΈ αα»ααΈαααΈα αα»ααΈαααΈαααΈαα¬α α‘αααΈαααΈα α±ααααΈαα»ααΈα±αα¬ααΈα±αα¬ α‘αα»ααΈαααΈ
αααΈα±αα¬ααΈαααΈαα αΈαα«αααΈαα‘αααΈαα±ααααα¬ααΌααααΈα±αααΌααΈα±αα±αα¬αΈαα (GRC) αααΈ DPTSC PMU α ααααΈαααΌααΈ αααΈαα±αα¬αΈα‘αααΈ ααααΈ α αααΈ α‘αααΈ α αααΈαα»ααΈ αααΈαααΈαααΈα±αα¬ααΈαααΈαα αΈαα«αααΈαREGDP
α αααΈα‘α±αα¬ααΈα‘αααΈα±αα¬αΈαααΈααΌααΈ α‘αααΈαα±ααααα¬ααΌααααΈα±αααΌααΈα±αα±αα¬αΈαα (GRC) αααΈ α αααΈα‘αααΈαααΈαααΈαα αΈαΏα α ααααΈα‘α±αα¬ααΈα‘αααΈα±αα¬αΈα±αα¬ααΈαααΈαα¬ααα αΈα±αα¬ααΈα
αααΈαααΈαααΈα±αα¬ααΈα±ααααΈαα αΈαα«αααΈα GRC αααΈ αααΈαΎαα¬αααα¬α αααΈααααΈαααΈαα¬ααΌααΈα‘α α±αααΌααΈαααΈαα αΈαα¬ ααααΈα±αααΌααΈαααΈαα¬α αΏαα α‘α±αα¬ααΈα‘αααΈα±αα¬αΈαααΈ α‘αααΈαα¬ααααΈααΌααΈαααΈαααΈ
αα¬ααΌαα«αααΈα α‘αααΈ α αααΈ αα«αααΈα±αα¬ GRM αα»ααΈ α‘αααααΈαααΈαααΈα‘αα»ααΈαααΈα±ααα¬ αααΈααα¬αα«αααΈα αααΈαΎαα¬ααααΈ α±α‘α¬ααΈα‘αααΈαα αΈαααΈαα»ααΈ ααααΈαααΈα α±ααααΈαααααΌαα«α α‘αααΈα‘αααΈαααααΈα±αα¬ααΈ
αααΈαΎαα¬α±αααΌααΈαααΈαααΈαα αΈαα«αααΈα
ααα«ααααΈαα¬ ααΌααΈ α₯αα±ααααΈαα¬ αα±αα¬ααΈ
αα»αα ααΈαα‘α±ααα₯αα±αααΌααΈ αΏαΏ αααΌα αΈ αααΈαα¬α±αα₯αα±α ααΌα αΈαααα»ααΈ α±ααα¬αα¬α‘α¬αα αααΈαα±αα¬αΈα
αααΈαααΈαααΈα αααα¬αα«αααΈα ααα±αα¬αΈ α‘αααΈα αααΈαα±αα¬αΈα‘α±ααααΈ αααΈαααΈααα αααΈαααΈαααααΈα‘αα«αα»ααΈ α±ααα¬α±αααα»ααΈ αα±αα¬ααΈαα¬α±αα¬ αααΈαααΈαααα¬α‘αα»ααΈ βαααΈα±αα¬αΈα±αα¬ α±αα¬αΈα±αΎαβ α±αα‘ααΈααααΈα αΏαΏ
αααΈαα¬α±αα₯αα±ααα»ααΈ ααα¬ααΈαα¬αα«αααΈα LUC αααΌα±αα¬ α±ααα¬αα¬α‘αα»ααΈ α±αα¬αΈα±αΎαα±αααααΈα αααΈα₯αα±ααα»ααΈ ααα¬ααΈααα¬α±αα¬αΈαααΈ αααΈαααΈα±ααα¬ααα¬α±α ααααααΈ
αα¬α±ααααΈαααΈαα¬αα¬α‘α±αααααΈα±αα¬ααΈαααα¬ αα«αααΈαααΈ α ααααΈαα¬αααΈ αααΈαααΈαα¬ αααΈαααα¬ααα¬α αααΈαααΈαα¬α±αα¬ αααΈααααΈαααΈαα¬α αααΈαααααΌααααΈ α‘α¬ααΌαα»ααΏαα±ααααΈα ααα¬α»ααααΈ ααΌααΈ
αααΈαααα¬ααα¬α±αα±αα¬αΈαα±αααΌααΈ (IFC) ααα α ααααΈαα¬α‘αααΈ ααα»ααΈα±α‘α¬ααΈαααΈα±αα¬ααΈααααΈα αΏα αααΌα αΈ αααΈαααΈαααΈααααΈαααααΈα α αΈαααΈαααΈαα¬ αααΈααααΈαααΈαα¬αα»ααΈ ααα¬ααΈαα¬αα«αααΈα αααΈααα¬ααΈαααΈαααΈ
αααΈαα¬αααΈααα₯αα±ααα¬ ααΌααΈ ADB α αα¬αα»ααΈα±α α¬ααΈα±ααΌα¬ααΈαααΈ ααα«ααααΈαα¬ α±αα¬αΈααααΈ (αΏα ) ααα α±αα«ααΈααααΈαα»ααΈα±ααα¬αα«αααΈα
αα α¬αα»ααΈ
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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αα α¬αα»ααΈααα¬αα»ααΈ αααααα‘αα‘α α¬αα¬ ααΌααΈ αααΈαααΈαα¬ ααααΈαα»ααΈ αα α¬αααΈαα»ααΈαα¬α αα±αα¬ααα¬αα
α‘αααΈα‘αα¬ααα α±αα¬αΈααα¬αα«αααΈα REGDP α α‘α ααΈα‘αααΈαα αΈα±αα¬ αααΈα±αα«ααΈα α¬αααΈ ααΌααΈ DMS αααααΈ α‘ααΌααΈααααΈααααααα¬α αααΈαα¬αααΈαα αΈαΏα α±αα¬ααΈααα»ααΈα αααΈααΌααΈαα¬α±αα¬ αα α¬αα»ααΈαα¬αααΈ
αααΈααα‘α±αααα»ααΈ α‘α±ααααΈαααΈαα αΈαα«αααΈα α±α αα»ααΈα±αα«ααΈα±α α α αΈαααΈα±αα¬ααΈααα ααααΈαα¬ααΌααΈ αααΈαααΈα±αα» α±αα» αααα¬ααΌααααΈ ααααααα¬α α‘ααΌααΈααααΈ αααΈαααΈα‘α α¬ααααΈαα‘ααΈα±αα¬ ααααΈαα¬αα¬α
αααΈααΌααΈαααΈαα αΈαα«αααΈα α±αα¬αΈα±αΎαα α±αα»αα¬αααΈ α±αα‘ααΈαααΈαα αΈαΏα αααΈαα»ααΈααΌααΈ ααααΌα αΈα₯α αααα αααΈαααααααΈαα αΈαααΈα αα αΈαααΈαα«α α±αα¬αΈα±αΎαα±αα»α±αα‘ααΈαααΈα αααΈααΌααααΈ ααα±αα¬ααΈα±αα‘ααΈαααΈαααΈ
α±αα»αα¬αααΈ αααΈαααΈα±αα¬ααΈαα»ααΈααααα¬α α‘αααΈααα αΈα±α‘α¬ααΈαααΈα±αα¬ααΈαα«αααΈα α‘αααΈα αααΈα αα‘ααΈαααΈαα¬ααΌααΈ αααΈααα«α αααΈα α¬αααΈαααΌαααΈ ααααΈααα±αα¬ α‘ααΈα±αα¬ααΈα αα¬α‘α±ααααΈ αααΈαα»ααΈα αα
ααΌα αΈα₯α αα α‘αααΈαααΈ αααΈα α¬αααΈαα»ααΈααΌα αΈαααΈαααΈ α ααααΈα αααααΈαα αΈαα«αααΈα TLα αΎαα€ αα αΈα±αα¬ααΈααΌ ααααΈαα»ααΈα±αα¬ α‘ααΈα±αα¬ααΈα αα¬α ααα‘αααΈαα¬α αααΈαααΈα ααΈααααΈαααΈαααΌα±αα¬αα±αα¬
αα¬αα¬α ααΈαααα¬αααααΈ α‘αα‘α±αα¬ααΈα‘αα αααΌαΎααααΈαα αΈαααΈα α‘ααΈα±αα¬ααΈα αα¬α αααΈα±αα»α ααααΈα‘α±αα‘α±ααα αααΈαααΈα±αα¬ααΈααΌα±α‘α¬ααΈ α ααα¬αα»ααΈ α±αα‘ααΈα±αα¬ α±αα¬αΈα±αΎαα±αα»αα¬ααΌααΈ α‘α±αα¬ααΈα‘ααα¬αααΈ
αα±αα¬ααΈααααΌαααΈα αααΈααΌααΈαα«αααΈα α±αα‘ααΈα±αα¬α‘α±αα¬ααΈα‘ααα¬αα»ααΈ α αΎαα€αα±αα¬ααΈαα»ααΈ αααΈααΌααΈαα¬α±αα¬ α‘αααΈαααΈααααΈαααΈα±αΎαα¬ααΈα ααΈααααΈαααΌα‘αα‘α α¬α±αα» αααΈαα¬αα»ααΈ
α‘αα¬α‘ααααα±αα¬ααα¬α‘αα»ααΈ α‘ααΈα±αα¬ααΈα αα αΈα αααΈα α αα‘ααΈαααΈαα¬ααΌααΈαααΈαα±α‘α¬ααΈ α ααΈαα±αα α±αα» αα±αααΌααΈ αααΈα±αα¬ααΈαααΈαααα¬αααααΈαα±ααα¬α±αα¬ α‘α±αα¬ααΈα‘αααα¬ αα«αααΈαα«αααΈα
αα αΈαα¬α±αΎααα α¬αα»ααΈααΌαα α¬αααΈα±αα¬ααΈααααα¬αα»ααΈαα±αα¬ α±αα¬ααΈαα α¬αααΈαααΈαααΈ (cut-off date) ααΌα¬ αααΈα±αα«ααΈα α¬αααΈααΌααΈ DMS α±αα¬ααΈααα¬αα»ααΈ αααΈα±αα¬ααΈαα±αα¬ α±αα¬ααΈααααΈαα αΈαα«αααΈα
α±αα¬ααΈαα α¬αααΈαααΈαααΈαα»ααΈ αααΈα±αα¬ααΈααααΌα±αα¬α§ααα¬α‘αα»ααΈα α¬αααΈα±αα¬ααΈααα±αα¬ ααααΈαααααΈ α‘ααΈα±αα¬ααΈα αα¬α‘α¬ααααΈ αααΈααα ααααΈαα»α¬α±αα¬ αααΈαααΈαααα¬α‘αα»ααΈα±αα¬αΈα±αΎαααΌααΈ αααΈααΌααΈαα¬α±αα¬
α‘α±αα¬ααΈα‘ααα¬α αα α¬αα»ααΈ αααΌαααΈαα αΈαα«αααΈα
αααΈαααΈα±ααα¬ααα¬α±ααααΈαααΈααΌααΈ ααα¬α±αα‘α α‘α α₯αΈ
α‘α-ααα¬ TL (αααΈαα¬αααΈ) α‘αα»ααΈ REGDP α‘α±αα¬ααΈα‘αααΈα±αα¬αΈα±ααααΈαααΈα α α±αα«ααΈααΌα¬ α‘α±αααααΈα±αααα¬ ααΏα α αα αΈαα«αααΈα α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL α‘αα»ααΈ αααΈαααΈααΌα¬ α‘α±αααααΈα±αααα¬
ααα αα αα αΈαα«αααΈα α‘α-ααα¬ (αα) TL α‘αα»ααΈααΌα¬ α‘α±αααααΈα±αααα¬ αααΏα αα αΈαα«αααΈα α±αα¬αΈα±αΎαααααΈαα¬αα¬ααΌααΈ α‘α±αα¬ααΈα‘ααα¬α ααα¬αα αααΈαααΈααααΈαααΈαα αΈαΏα αααΈα±αα«ααΈα α¬αααΈα DMS ααΌααΈ
REGDP α‘α±αα¬ααΈα‘αααΈα±αα¬αΈα α₯αΈααΌαααΈ α±α αα»ααΈα±αα«ααΈα±α αα¬α‘α±αα α‘α±αααα¬ αααΈαααΈ αααΈααΌαα»α¬αααΈαα αΈαααΈα MOEE αααΈ αααΈα±αα¬ααΈα αααΈαα¬αααΈαα±αα¬αΈα‘α α ααΌααΈ ADB ααα‘αΎαα¬ αα±αα¬ααα¬α±αα¬
ααα¬α±αα‘α α‘α α₯αΈα‘α±αα α‘α±αααα¬ αααΈαααΈα±ααα¬ααα¬α±αα‘αα»ααΈ αααΈαα±αα»αα¬α α±αα‘ααΈαα»α¬αααΈαα αΈαααΈα α±αααααΈαα¬ α‘α±αα»α±αα»α‘ααΈαααΈα±αα₯α αα¬α (GAD) αααΈ α±αα¬αΈα±αΎαα‘αα»ααΈ αααΈαααΌααΈαααΈαα αααΈα αα»ααΈαααΈαα¬
MOEE ααα αααΈααααΈαα αΈαΏα MOEE αααΈ αααΈαααΈαα¬ α±αα»ααα¬αα GAD α α±αα»α α¬αααΈα‘αα»ααΈαα α±ααα»ααΈαααΈαα αΈαααΈα
α‘α±αα¬ααΈα‘αααΈα±αα¬αΈα±αα¬ααΈα±αα‘αααΈααα¬
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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REGDP α αααΎαα¬αα¬αα‘αα»ααΈ α‘α±αα¬ααΈα‘αααΈα±αα¬αΈαααΈαα αΈαα«αααΈα α‘α±αα ααΈα‘ααΈαααΈααα¬ααααΈ αα αααΈ
ααααΈα±αα¬ α‘ααΈα±αα¬ααΈα αα¬ααααΈααΌααΈαααΈαααΈαα αΈαα¬ α α αΈαααΈα±αα¬ααΈααααΈααΌααΈ DMS α α αααΈαααΈα±αα¬ααΈαααΈαα αΈαααΈα αααΈα±αα«ααΈα α¬αααΈααΌααΈ DMS ααααΈαα¬α α‘α±αααα¬ ααααΈααα±αα¬
α‘ααΈα±αα¬ααΈα αα αΈααααΈα‘αα»ααΈ α±αα¬αΈα±αΎαααααΈαα¬αα¬α αα»ααΈαααΈα±αα‘ααΈαα«αααΈα GRM α αα»αα ααΈαΏαα±αα¬ααΈ PMU α αααΈαααΈαααΈαααΈαααΈααΌααΈ ααΏαααΈαααΈ PMU αααΈ GRM α α αααΈαααΈα±αα¬ααΈαα«αααΈα
α‘ααΈα ααααΌααΈαααΈαα¬ αα±αα¬ααΈ
MOEE αααΈ DPTSC α ααααΈα ααααΈααα»ααααα αΈ(PMU) ααΌ ααααΈ REGDP α‘α±αα¬ααΈα‘αααΈα±αα¬αΈααα
αααΎαααΈαααΈαα αΈαααΈα αααΈαααΈ αααΈαααΈα±ααα¬ααα¬α±ααααΈα±αα¬ααΈαααα¬αα»ααΈ GAD ααΌααΈ α±ααα α₯αΈ ααΌααααΈαααΈαααΈαααΈα±αα¬ααΈαααα¬ α±αα¬α±αα»αα±α αααΈ ααΌααΈ ααααΈαα αΈαα¬α α‘ααΈα±αα¬ααΈα αα¬αα αα±αα¬αααα¬αααΈ
α±αα¬αΈα±αΎααα¬ α‘αααΈα‘αααΈα±ααααΈα±α αααΈ αααΈα±αα¬ααΈαααΈαα αΈαααΈα α ααΈαα¬α₯αΈαα¬ααΌααΈ α±αα¬ααΈαααΈα±ααα α₯ααΈαα¬ αααΈααααΈα±αΎαα¬ααΈ αααΈα αα»α¬α±αα¬ αααΈαααΈαααα¬α α±αα±αα¬αΈα±α αααΈα α±ααα¬αα¬α ααααΈα‘α±αα‘αα¬αα
αααΈαααΈα±αα¬ααΈααΌα±α α±α αααΈα±αα¬ααΈαααΈαα α‘αα«α‘αααΈ α ααα€αααΈαααΌ α±ααα¬αα¬α αα¬αα‘αααα¬αα»ααΈ α±ααα¬α‘ααα±ααααΌααΈ α α¬αααΈαααΈααααΈαααΈαααΈ α‘αααΈα‘αααΈαα¬α αααΈααααΈαα¬α α α¬αααΈαα»ααΈαα«αααΈα±α αααΈ
PMU α α‘α±αα‘αα¬αααΈα±αα¬ααΈαααΈαα αΈαααΈα α±αα±αα±αα»αα¬αααΈ α ααααΈα αααΈααΌααΈαα¬α±αα¬ ααααΈαα¬αα¬ααΌααΈ ααα»ααΈαΏα αααΈααα α±α α¬ααΈαΎαααΈαααΈ α‘α α‘α α₯αΈα α‘α ααΈα‘αααΈαα αΈαα‘αα αΈ α±α α¬ααΈαΎαααΈαα»α¬αααΈαα αΈαααΈα
αααΈαααΈ αααΈααααΈαα¬α‘α±ααααΈ α α¬αααΈαα« ααααααΈαα¬α α±αα α¬αααΈαα¬ααααααΈ αααΎαααΈα±α α¬ααΈαΎαααΈαα»α¬αααΈαα αΈαααΈα
α±α α¬ααΈαΎαααΈαααΈ
α±αα¬αΈα±αΎαα±αα‘ααΈαααΈαααΈα±αα¬ααΈαααΈαα¬α‘α¬ α±α α¬ααΈαΎαααΈαααΈα α±αα¬αΈα±αΎαα αααΈα±αα‘ααΈαααΈααΌααΈ
αα αΈαΏαααΈαααΈα αααΈαα»α¬αααΈαα αΈαααΈα ααααΈααα±αα¬ α‘ααΈα±αα¬ααΈα αα¬ α±αα¬αΈα±αΎααααΌαΏαα±αα¬ααΈ α αααΈα‘αΎαα¬ααΌααΈ αααΈαααΈαα»ααΈα±ααα¬ααΌααΈ αααΈα ααΈαΏα αααΈαααΈ α‘αααΈαα»α¬ααα α‘αα¬α‘α αααΌα α±ααα¬ααΌαα¬
αααΈαααΈαααΈα±αα¬ααΈαααΈα±ααα¬ ααΌααΈαααΈαααΈα α αααΈαααΈα±αα¬ααΈαααΈαα αΈαααΈα REGDP α‘α±αα¬ααΈα‘αααΈα±αα¬αΈααα ααααΈαααα α₯αΈα‘α αααΈαα α¬α GAD α αααΈααααΈαα αΈαααΈα DPTSC αααΈ αα α₯αΈα‘α α₯αΈα‘α αααΈαα α¬αα¬α ADB αα
αααΈααααΈ αααααΈα‘α αααΈαα α¬αα¬α‘αα αΈ α α ααΈαααΈαα αΈαααΈα α±α α¬ααΈαΎαααΈαααΈ αα¬αα‘αααΈα‘αα¬αααΈα‘αα»ααΈ GAD αααΈα±αααΌααΈαααΈαα‘ααΈαααΈαα α₯αααΈαα¬α α‘αα‘α±αα¬ααΈα‘αα±αα‘ααΈαα¬αααΈ α‘ααΈα αα¬α α‘αααΈα‘αααΈα
ααααΈααα±αα¬ α‘ααΈα±αα¬ααΈα αα¬α αααΈα±αα»α‘αααΈ α αααΈααα ααΌααΈαα¬αα»α¬αααΈαα αΈαααΈα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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α α ααααΈα‘α±αΎαα¬ααΈα±αα¬αΈααααΈ
.α α ααααΈα±αα¬ααΈαα‘α±αΎαα¬ααΈα‘αα¬
α α€αααΈαααΈα±ααα¬ααα¬α±αααΌααΈ αααΈαααΈαα¬ααα‘ααΈα αα¬αα»ααΏαα±αα‘α α‘α α₯αΈ (REGDP) αααΈ αααΈαα¬ααΌααΈα α αΈαα«ααΈα‘α¬αα»ααΈαααΈαα»ααΏαααααΈα±αα ααααΈα ααΌααΈα α αΈαα«ααΈα‘α¬ααααααΈα±αα‘α ααΈα‘αααΈα‘αα»ααΈ
αα αα¬αααΈαα αΈαα«αααΈα αααΈαα»ααΈ αα«αααΈαααΈα‘α ααΈα‘αααΈαα¬ααΌα¬ αΏα αααα αα«ααΈα‘α¬ααααααΈα±ααααΈ (TL) α αααΈααΌααΈ αααΈααα‘αα»ααΈ αα«ααΈα‘α¬αα»αα‘αα αΈαα¬αα αΈαα«αααΈα TL αα¬α αααΈααα αα«ααΈα‘α¬αα»ααα¬ααΌααΈ TL αα¬α
αααΈαααΈαα¬ α‘αα¬α‘ααΌααΈαα¬ααΌα¬ α±α‘α¬ααΈαα«α‘αααΈαα αΈαα«αααΈα
() α‘α-ααα¬ TL (αααΈαα¬αααΈ) α .αΏ ααααα¬ααΌααΈαα¬αΏα αα αΈαααΈαααΈαα«αααΈ αα«ααΈαααΈα±αα«ααΈ αΏα αααΈ α‘αααααΈα αααΈααΌααΈ αα»αααΈαααΈ αα«ααΈα‘α¬αα»α αΏ ααα«αααΈαααΈα α‘ααα«ααΈα‘α¬αα»ααααΈ
αααΈααΌαα«ααΈα‘α¬αα»ααα αΈαΏα ααα¬αα«ααΈα‘α¬αα»αααΌα¬ α‘α ααααΈα±αα±αααα»ααΈ α‘αα αΈαααΈα±αα¬ααΈααααΈαα αΈαααΈα
(αΏ) α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL - αΏα α ααααα¬ααΌααΈαα¬αΏα α±αα±αα¬ααΈα±αα±αα¬ααΈαα«αααΈα±αα¬ lattice-type αα¬αα«αααΈ ααΏαΏ αααΈα α‘αααααΈα αααΈααΌααΈαα»αααΈαααΈ αα«ααΈα‘α¬αα»α α ααα«αααΈαααΈα αα αΈαααΌα¬
αααΈααΌαααΈααΌα±ααααΈ αα«ααΈα‘α¬αα»α (α±αα¬αΈααΏαααΈ) αα αΈαΏα α‘αα¬ααΌα αΈα (α±αααΌααΈ αα¬αααΈ) ααΌα¬ α‘α ααααΈα±αα±αααα»ααΈ αααΈα±αα¬ααΈαααΈ α α α₯αΈαα¬αααΈα
(α)α‘α-ααα¬ TL (αα)- α ααααα¬ααΌααΈαα¬α±αα¬ TL αα αΈαΏα αα αΈα±αααα»ααΈ .α ααααα¬ αααΈααΌαααΈα
α±αα±αααα»ααΈαααΈαααΈαα»α¬αααΈ α.α ααααα¬αα»ααΈ α±αα±αα¬ααΈα±αα±αα¬ααΈαα«α±αα¬ lattice-type αα¬αα«αααΈ αα αααΈ αα«ααΌαααΈα αααΈα αααΈααΌ α‘ααα«ααΈα‘α¬αα»αααΌααΈ αααΈαα»ααΈαααΈαα αΈαα¬ α‘α ααααΈα±αα±αααα»ααΈ
ααα¬αα«ααΈα‘α¬αα»αααααΈ αααΈα±αα¬ααΈαααΈαα‘ααΈαααΈα
αΏα α‘α-ααα¬ TL (αααΈαα¬αααΈ) αααΈαααΈαααΈαααΈα±ααααα‘αα»ααΈααΌ αΏαααααΈα±ααα
αααΈαααΈαα»α¬αααΈαα αΈαα¬ α‘α-ααα¬ TL (αα) αααΈ αΏαααααΈ α αα αααΈαααΈαα»α¬αααΈαα αΈαααΈ (ααα¬ ααΌααΈ α±αα α αΏ )α α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL αααΈ αααΈαααΈααΌααΈαααΈα±αααα αΏ α (αα»ααΈααΌααΈ αααα€α¬α) ααΌ
αΏαααααΈ α αΏαααααΈα αααΈαααΈαα»α¬αααΈ (α±αα α)α MOEE αααΈ DPTSC ααΌααααΈ
αα«ααΈα‘α¬ααααααΈαααΈα‘α ααΈα‘αααΈα α‘α±αα¬ααΈα‘αααΈα±αα¬αΈαααΈαα αΈαααΈα
.αΏα ααΌααΈα α αΈαα«ααΈα‘α¬ααααααΈα±ααααΈα‘α ααΈα‘αααΈααΌααΈ
α±ααα¬αααααΈαααΈαααΈ α‘αααΈα‘αα¬ααα¬α
αα α‘α-ααα¬ TL (αααΈαα¬αααΈ) αααΈ α±αα§ααα¬ αα.ααΏ αααΈαα¬α ααααΈααααΌαα«αααΈ (α‘αααΈ αα ααα¬ x α .αΏ ααααα¬ α‘αα¬) (ααα¬ αΏ)α ααα±αα¬αΈ αα.α αααΈαα¬αα»ααΈ αα¬αααααΈαααα¬αα αΈαα«αααΈα
α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL αααΈ α§ααα¬ ααΏα αααΈαα¬α ααααΈααααΌαα«αααΈ ( α‘αααΈ αα ααα¬ x αΏα α ααααα¬ α‘αα¬)α ααΏα.α α αααΈαα¬αα»ααΈ αα¬αααααΈαααα¬ααΌαα«αααΈα α‘α-ααα¬ TL (αα) αααΈ
α±αα§ααα¬ αα.αα αααΈαα¬α ααααΈααααΌαα«αααΈ (α‘αααΈ αα ααααα¬ x α.α ααααα¬ α‘αα¬)α αα.αΏα αααΈαα¬αα»ααΈ αα¬αααααΈαααα¬αα αΈαα«αααΈα α‘αΏαα‘αααΈααααΈαααα¬α α‘α-ααα¬ TL
(αααΈαα¬αααΈ) αα»ααΈ .αΏα αααΈαα¬α α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL αα»ααΈ .α αααΈαα¬ ααΌααΈ α‘α-ααα¬ TL
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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(αα) αα»ααΈ .αα αααΈαα¬ αα¬ααΌα±α αααΈ αααΈα±αα¬ααΈαα¬αα«αααΈα α‘αΏαα‘αααΈααααΈαααα¬ααΌα¬ α±αα¬αΈααΏαααΈ-α±α-
αα¬αααΈ TL ααΌααΈ α‘α-ααα¬ TL (αα) αααα»ααΈ αα¬αα«αααΈα‘α±αα‘αα»ααΈαα‘ααΈα±αα¬α±ααα¬αα¬ααΌααΈ α‘α-ααα¬ TL (αααΈαα¬αααΈ) αα»ααΈ αα αΈα±αα¬ααΈαααΈαα¬α α‘α±ααα‘ααΈαα αΈαα¬α‘αα»ααΈ
αα‘ααΈα±αα¬α±ααα¬αα¬α±αΎαα¬ααΈαα αΈαα«αααΈα ααα‘αααΈ α‘αααΈαααΈααααΈαααΈααΌααααΈαα«ααΈα‘α¬ααααααΈαααΈαααΈαα¬αα αΈα±αα¬ααΈαα»ααΈ α‘αΏαα‘αααΈαααΈααααΈαααΈαα¬αααΈ
αααΈα±αα¬ααΈααααΌαααΈαα αΈαα«αααΈα
ααα¬ -α‘αααα¬α±αα¬ TL αααΈαααΈαα»α¬αααΈ αααΈαααΈαα¬α αααΈα±αααααα¬α αΏαααααΈαα¬ααΌααΈ α±ααα»α¬αα¬
TL α αααΈα±αααα /αααΈαααΈ ααΌααΈ αΏαααααΈ α±ααα»α¬αα¬ α±ααα»α¬α α
α±αα«ααΈ
αα α‘α - ααα¬ TL (αααΈαα¬αααΈ )
αααΈαααΈαααΈα±αααα
α‘αα αααΈαα±αα¬αΈα α±αα¬ααΈααα¬α αααΈαα αΈα±αα¬ααΈ
αααΈαααΈαααΈα±ααααααΌ αΏαααααΈαα¬α α±ααα»α¬αα¬α‘αα αΈ αααΈαα ααΈαααΈαα¬αααΈαααΌαα«
αα α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL
αα»ααΈαααΈαααΈ
α±αα¬αΈααΏαααΈ αααΈα αααΈαααΈαααΈα ααα¬αααΈ α
αα αα¬αα¬αααΈα ααα ααα¬αααΈα α±αα¬αΈαα αα±αα¬α±αα¬α ααΌαα±αα«
α
ααααααΈ αα«ααα ααα ααα±αα¬ααΈα αααΈααΌα α‘αααΈ α
α±α ααΌα αΈααααΈα ααααΈα α±αα¬ααΈαα ααααΈααα α‘α±αα¬αΈα α±αα αα±αα¬α ααααΈα
α
αααα€α¬α αααΈα±αααα
α±αα α±αα¬ααΈααααΈα α±αα¬ααααΈααα¬αα αα±αα¬ααΈα±ααΌα¬ααΈα α±αα¬ααΈααΌααΈααααΈαΎαααΈα α±ααα ααα·
α
ααααΈα±α‘α¬ααΈ ααααΈα±α‘α¬ααΈ
αα¬αααΈ αααΈα±αα¬αΈαααΈ
ααα‘α-ααα¬ TL (αα)
αααΈαααΈαααΈα±αααα
α‘αα ααα αααΈαα±αα¬ααΈ αααΈαααΈαααΈα±ααααααΌ αΏαααααΈαα¬α α±ααα»α¬αα¬α‘αα αΈ
αααΈαα ααΈαααΈαα¬αααΈαααΌαα«
α‘αα‘αα¬ DPTSC
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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α±αα α α‘α - ααα¬ TL (αααΈαα¬αααΈ )
α±αα αΏ α α‘α - ααα¬ TL (αα)
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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α±αα αα α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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ααα¬ αΏ - αα«ααΈα‘α¬ααααααΈαααΈαααΈαα¬ααΌααΈαα«ααΈα‘α¬αα»ααα¬α±αΎαα¬ααΈ ααααΈαααΈα§ααα¬ α‘αα₯αΈαααΈα±αα¬αΈααααΈ
αα«ααΈα‘α¬ααααααΈαααΈαααΈααΌααΈ α‘α ααΈα‘αααΈ
αα¬αααααΈ α‘αΏααααΈααααΈ α α α±αα«ααΈ
α‘α-ααα¬ TL (αααΈαα¬αααΈ )
αααΈ αΏα αααΈααΌααΈ αα«ααΈα‘α¬αααΈαααΈααααΈ αα.α αααΈαα¬ .αΏα αααΈαα¬ αα.ααΏ αααΈαα¬
αα«ααΈα‘α¬αα»α
α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL
αα¬αα«αααΈ ααΏαΏ αααΈααΌααΈ αα«ααΈα‘α¬αααΈαααΈααααΈ
ααΏα.α α αααΈαα¬ .α αααΈαα¬ ααΏα αααΈαα¬
αα«ααΈα‘α¬αα»α
α‘α-ααα¬ TL ( αα)
αα¬αα«αααΈ αα αααΈ1ααΌααΈ αα«ααΈα‘α¬αααΈαααΈααααΈ
αα.αΏα .αα αα.αα
αα«ααΈα‘α¬αα»α TL αα»ααΈ αα¬αα«αααΈ α αααΈααΌαΏα α αααΌα¬ αα αΈα‘αα»ααΈαα»ααΈαα αΈαααΈα
αα αα¬αα«αααΈαα αΈαααΈαααΈα αααΈ αααΈα α±αα±αα¬ααΈα±αα±αα¬ααΈα‘αα»ααΈ α α ααααΈααα¬ ααΌααΈ
αα αΈα±αα¬ααΈαααΈ αα αΈαααΈαααΈα αααΈ αααΈα α‘α±αα‘αα»ααΈ α α ααααΈααα¬ αα‘ααΈαααΈαααΈα α αΎαα€αα»ααΈ αα¬αααααΈαααααΈ αααΈα±αα¬ααΈα±αα‘αααΈα‘αα»ααΈαα»ααΈ αα αΈαααΈαααΈα αααΈα‘αααΈα‘αα»ααΈ
α‘αααααΈα±αα¬ααΈαααα¬ααΌα¬ αα¬αα«αααΈααΌααΈαα«ααΈαααΈ α±αα¬ααΈαααΈα αα«ααΈαααα»ααΈαααΈαααΈα αααΈααΌ αα«ααΈα‘α¬αα»ααα¬αα»ααΈ switch-bay αααΈαααΈαααΈα α±αααΌααΈ αα¬αααΈ αα«ααΈα‘α¬αα»ααα¬αααΈα±αα¬ααΈαααΈ
αααα αΈαααΈα TL α‘αααΈαα αΈααααΈα α‘αα»ααΈ αααΈα±αα¬ααΈα±αα‘αααΈαα¬αααΌα¬ αα αααΈαααΈααα αΈαααΈα
αα α‘α-ααα¬ TL (αααΈαα¬αααΈ) α α ααα§ααα¬αα»ααΈ αα¬ααααΈαα¬ (αα.αΏ%) ααΌααΈ αΏααααααΈ (α.α%) αααα«αααΈαααΈ (ααα¬ α)α TL αααΈ αΏααααααΈ αΏ α (αααΈαα¬αααΈα±αα¬ααΈααΌααΈ α‘αα αΈ) α‘αΎαα¬αα»ααΈ αααΈααΌαααΈα
αααΈαΈ αΏ αα‘αΎαα¬ααΌ α§ααα¬αααΈ α‘ααα±ααα¬αα¬αα»ααΈ ααα¬α‘αααΈαααΈα αΌαα¬ααΌαΏα α‘αα¬α±ααα¬αα¬αα»ααΈ ααα¬α±α‘α¬ααΈαα¬ ααΌααααΈα αααααΈ αααΈααα αΈα ααΈαα αΈαααΈα ααααΈαΏααααΈααΌαααΈα αΏα αααΌα αΈ
α ααΈαααΈαα¬α αααΈα±αααα»ααΈ α α αΈαααΈα±αα¬ααΈααα α₯αΈα α‘α αα«ααΈα‘α¬αα»αααΌααΈ αααΈααααΈαααΈα‘αΎαα¬ α ααααα¬α‘αα»ααΈαα»ααΈ αα¬ααααΈ αΏα ααΌαααΈα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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ααα¬ α α Google Earth αα«ααΈααα¬ααΌααΈ α±ααααΈα α αΈαααΈα±αα¬ααΈααα αΏα ααΌααΈαααΈα‘α
α±ααααΈα±ααααΌα‘αααΈαα¬α‘αααΈ αα«ααΈα‘α¬ααααααΈαααΈαααΈα ααα αααΈαααΌααΈ α§ααα¬ (αααΈαα¬)α α±αα¬αΈααααΈ
α±ααααΈα±ααααΌ α‘αααΈαα¬
α‘α-ααα¬ TL (αααΈαα¬αααΈ )
% α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL
% α‘α-ααα¬ (αα) %
α αα« αα.α α.α αα.αα
αα¬αα¬αααΈαα¬ αα . αα.
ααα αΈα±αα¬ αΏα.α α.α
αΏααααααΈααΌ
αα¬ααααΈαα¬α α§ααα¬
αΏα. αα.αΏ
αΏααααααΈ .α α.α
α α α±αα«ααΈ αα.α . ααΏα. αα.αα
αα αααΈααααΈαααΈααΌααΈ ααα¬αα«ααΈα‘α¬αα»αα‘αα»ααΈ α‘αααα¬α±αα¬α±ααα¬α‘αΎαα¬ αΏ.αΏ ααααα¬ααΌ α±ααα¬αα»ααΈ αα¬ααααΈ αΏ ααΌαα«αααΈα αααΈαα¬ααααΈαα¬αααΈ α±αα«ααΈαααΈαααΈαααΈ ααααΈα αα αΈααα¬α αααΈα±ααααα¬αααΈ
αα»ααΈααΌα αΈαα¬αααΈαα αΈαααΈα α‘αααααΈαα¬αα»ααΈ αα αΈαααΌααΈ αααΈαα¬α α±αα¬ααΈαα±αα±αα¬αΈαααΈ α‘αα¬α ααΌα¬ α‘α α¬α‘α±αα¬ααΈαααΈαα¬αα αΈαααΈα αααΈαααΈαα¬αααΈ α±ααα¬α αααΈαααΈα±αα¬ αααΈαααΈαΏααα±αα¬αΈα ααΈαααΈαα¬αα¬α±αα±αα¬αΈαα
(YCDC) αα α±ααα¬α‘αα»ααΈ α‘αα‘αα±ααααΈαααΌα±αα αααΈα αα»α¬α±ααααΈαααΈαα¬ααΌαα»αααΈ α αααα αΈα±αα¬ααΈαα»ααΈ α‘αα¬αααΈααα‘ααΈαα¬ α αααΌααΈ αααΈααααΈ αααΈα±αα¬αΈααα¬αα¬ααΌαααΈα
αα α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL α αααα»ααΈ α‘αα¬αα‘α ααΈα‘αααΈααΌα¬ αα¬αα¬αααΈαα¬αα αΈαΏα α α α±αα«ααΈ α§ααα¬α
αα.% ααΌαααΈα α ααα‘αα»ααΈαα»ααΈ αα¬αα¬αααΈαα¬α αααΈαααΈα ααΈααααΈαααΈααααΈαα«α α‘αααΈα±αΎαα¬ααΈαα±αα¬αΈ α ααααΈαααΈαααΈαααΈαα»ααΈ αα«ααΈα‘α¬αααΈαα¬α‘ααα¬ α‘αααΈαααΈ α.α ααα¬αα αΈαααΈα αααΈαααΈαααΈαα¬αα¬αααΈαα αΈαααΈα
αααΈααΌα‘αααΈααΌα¬ α ααα¬αα αΈαααΈα ααα±αα¬αΈ αααΈαααΈααααΈαααΈααΌα±αα¬αΈαααΈ α±ααα¬α‘ααααα¬α‘α±ααααΈ α‘αααΈ α.α ααα¬α±α‘α¬ααΈααΌαααΈ α‘αα¬ αααΌαα¬α α ααΈααα ααααΈαααΈαα αΈαα«αααΈα αα«ααΈα‘α¬αααΈαα¬α α‘αααΈαα¬α αα±ααα«α
αα«ααΈα‘α¬α αααΈααα α‘α±ααΌα¬ααΈα‘ααΌααΈαα αΈα±α αααΈαα«αααΈα α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL α αααα»ααΈ α.α % ααΌα¬ α αα«αααΈαα¬αα αΈαα«αααΈα α‘α-ααα¬ TL (αα) α αααα»ααΈ α‘α¬αααα«ααΌα¬ α αα«αααΈαα¬αα αΈαααΈα αα αΈαα αΈα±αα¬ααΈαα»ααΈ
ααα±αα¬α‘αααΈαααΈα±αα»αααααΈα
α α TL α ααααΈ α α α±αα«ααΈ αα«ααΈα‘α¬αα»α α αα αααΈαα»ααΈαα¬αααΈ (ααα¬ α)α α‘α-ααα¬ TL (αααΈαα¬αααΈ) ααΌααΈ α‘α-ααα¬ TL (αα) αααααΈ ααα±αα¬ αα«ααΈα‘α¬αα»α αΏ α αα αααΈαα»ααΈαα¬αααΈα αα αΈα (α‘α) ααΌα¬
αααΈααΌαα«ααΈα‘α¬αα»ααα αΈαΏα α±αα¬ααΈαα αΈα (ααα¬) ααΌα¬ αααΈααααΈα±αα¬ααΈααααΈαα αΈαααΈα α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL αα»ααΈ αα«ααΈα‘α¬αα»α α α αα«αααΈαααΈα αα αΈα (α±αα¬αΈααΏαααΈ) ααΌα¬ αααΈααΌ αα«ααΈα‘α¬αα»ααα αΈαΏα α‘αα¬ααΌα αΈα (α±αααΌααΈ αα¬αααΈ) ααΌα¬
αααΈααααΈα±αα¬ααΈααααΈαα αΈαααΈα αααΈααΌ αα«ααΈα‘α¬αα»α αΏ αα‘αα»ααΈ ααααααΈαααΈαα¬α±αα¬ααΈαα»ααΈαααΈαα αΈα±αα¬αΈαααΈ αααΈααα αααΈααΌαααΈα‘αα»ααΈαα»ααΈαα¬ α±ααα¬α±ααααΈα±αα¬ααΈαααΈαα αΈαααΈα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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ααα¬ α - α‘αααα¬α±αα¬ TL ααα αα«ααΈα‘α¬αα»ααα¬α‘αα»ααΈ αααΈαααΈα±ααα¬ααα¬ααα‘αααΈα‘αα¬
TL ααΌααΈ αα«ααΈα‘α¬αα»α
α‘αααΈα‘αααΈ α§ααα¬ (αααΈαα¬)
α±αα‘αααα»ααΈ ααΌααΈαααΈ
αα‘α-ααα¬ (αααΈαα¬αααΈ )
α‘α αααΈααΌ α.α α‘α α (MOEE) αα«ααΈα‘α¬αα»αα ααα αα»ααΈ αααααααΈα±αα¬ααΈααΏα ααα αα»ααΈ
α‘αααΈααΌααΈαααΈααααΈα
ααα¬ α‘αααα¬ .α α‘α α MOEE: (.α ),YCDC
(.α)
αΏαααααΈα ααΈααΈαααΈα‘α¬
αα¬αααΈ (.α)
MOEE αααΈαααΈα‘ααΈαα¬αα¬α αααΈααΌαααΈα‘αα»ααΈαα»ααΈαααΈ
α‘α α¬ααααΈα±αα¬ααΈαααΈα
αΏαα±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ
α±αα¬αΈααΏαααΈ αααΈααΌ .α α‘α α (MOEE) α€αα«ααΈα‘α¬αα»αα αΏα αααΌα αΈαα α αααΈαααΈααααΈα α‘αααα¬α±αα¬ ααααΈααααΈ (switch yard)
ααααααΈαααΈ αααΈααΌαααΈα‘αα»ααΈαα»ααΈαααΈαα αΈαα«αααΈαααΈα
α±αα αααΈααα¬ α₯αααΌ ααααΏα ADB
α ααααΈα α±ααΌα¬αΈαααΈ ααααααΈααααΈαα«α
α±α α‘αααα¬ αΏα.α α‘α α (MOEE) ααααααααΈα‘α±αα¬ααΈα‘α‘ α α αα«αααΈα±αα¬ αααΈα±αα¬α MOEE αααΈα±α
αα¬αααΈ α‘αααα¬ α . α‘α α (MOF) ααααα αα¬αα¬αααΈα α‘αααΈα‘αααΈαααααΈαααΈ α‘ααΈ α α αα« .αα αααΈαα¬ααΌααΈ αΏαα±αα¬α
MOEE αααΈα±α
αα α‘αααα¬α±αα¬ αα«ααΈα‘α¬αα»α α ααα α‘α ααααΈα±ααα»ααΈ αααΈα±αα¬ααΈαααΈαα αΈαα«αααΈα α±αααΌααΈ αα¬αααΈαα»ααΈ αααΈα±αα¬ααΈαααΈ αα«ααΈα‘α¬αα»ααα¬α‘αα»ααΈα±αα MOEE α αααΈαααΈαα«αααΈα αααΈα±ααα¬α
αααΈα±ααααα‘α αα MOEE αα αΏα αααΌα αΈαα»ααΈ ααα±αα¬ααΈα±αα‘ααΈααα«αααΈα α±α ααΌααΈ αα¬αααΈααΌ α±αα±ααα¬αα¬α ααααααααΈααΌααΈαα¬αααΌ αααΈα±ααααα‘α αα ααααΏα αααΈαααααΈα±αα¬ααΈαααααΈ ADB α
ααα¬α±αααααα α±α αΌα¬αΈααΌααΈαααΈα±αα¬ααΈααααΈααααΈαα«α1α±α αα«ααΈα‘α¬αα»αα±ααα¬αα»ααΈ ααααα αα±αα‘ααΈ α
1α±ααα«ααΈα‘α¬αα»αα‘αα»ααΈ α±αα‘α¬ α±ααααΈα±αα¬ααΈαααΈαααΈ ααααααΈα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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αααΌαΏα αα¬αααΈαα»ααΈ α αααΌαα«αααΈα αα¬αααΈααΌ α‘ααΈαα αΈααα»ααΈ α±α αααΈαααΈαα»ααΈααΌα αΈαα¬αα«αααΈα αα¬αααΈ
αα«ααΈα‘α¬αα»αα±ααα¬αα»ααΈ .αα αααΈαα¬ααΌ αα¬αα¬α ααΈαααΈαα αΈααααΈ ααΌαα«αααΈα ααα¬ αα«ααΈα‘α¬αα»αα±ααα¬αα»ααΈ .α αααΈαα¬ααΌα±αα±ααα¬α α‘α ααα¬αααα αα»α±ααααΈαααΈαα«αααΈ - MOEE (.α αααΈαα¬)α YCDC (.α
αααΈαα¬) ααΌααΈαααΈαααΈα‘α¬αα¬αααΈ (.α αααΈαα¬) α‘αααα αΈαΎααα«αααΈα
.αα ααααααααΈαααΈαααα¬α‘α±αα ααααΈααα α±ααΌα¬ααΈααΌα¬αααΈααΌααΈ
α‘αααΈαα±ααΌα¬αααααΈ α‘αα¬αααΈαααΈαα¬ααΌααΈ α‘α α‘ααα¬
α ααααααααΈαααΈαααα¬α‘α±ααααααΈααα α±ααΌα¬αααααΈα‘αα»ααΈ TL αα±αα¬ααΈααΌ α§ααα¬α‘αα¬α αα»ααΈααΌα±αα¬
α±αα‘ααααα α±ααααΈα‘α±αα‘αα¬α ααααΈαααΈα‘αα¬α‘αα¬ααΌα±αα¬ αααΈαααΈαααα¬α α±αααα¬αααΈα α αΈαα¬αα»ααΈ αααΈααΌα±αααα¬α αΏαααΈααα«ααΈααα¬ ααΌααΈ α±ααααΈαα»ααΈαααΈα±αααα¬αααΈαα¬ α‘αα
αααΈα±αα¬ααΈαα»α¬αααΈαα αΈαα«αααΈα α‘ααΈααα¬α±αα¬ αα«ααΈα‘α¬αα»ααα¬α‘α¬ααααΈ α‘α ααααΈα±αα±αααα»ααΈ αααΈααΌαα«αααΈα αααΈαααααααΈα±αα¬ααΈαααα¬ααααΈα±αα¬ααΈαα¬αα»ααΈα‘αα¬α±αα‘ααααα¬α
αααΈααααααΈα±α α αααΈααΌ αα«ααΈα‘α¬αα»ααα¬α αααΈα‘αα»ααΈαα»ααΈαα¬ α±αα¬ααΈαα»ααΈαααΈαα αΈαα«αααΈα
α α±ααααΈααΌα¬αα»ααΈαααΈα‘α±αα‘αα¬ααΌααΈ αα«ααΈα‘α¬αααΈαα¬αα αΈα±αα¬ααΈααΌ α‘α±αα¬ααΈα‘α‘αα¬α‘α
α‘αα»α¬α‘α±αα αα‘ααΈααα±αα¬ααΈααααααΈαα»α¬αααΈαα αΈααααα αα¬αα«αααΈα‘α±αα‘αα»ααΈα α‘αΏααααΈ ααααΈαα¬αα»ααΈ α±α‘α¬ααΈαα«αααΈα±αα¬ααΈαααα¬ααΌααααΈ α±ααα¬αααΈαααΈαααααΈαα‘ααΈαααΈα α±αα¬αααααΈαααΈ
αααΈαα»ααΈα α₯αΈα α¬αα»α¬αααΈαα αΈαααΈα
() αααΈα±αα¬ααΈαααΈα αααΈα±ααα¬ααααΌααΈαααΈα±αα¬αΈααααΌα±α αααΈ αα¬αα«αααΈα‘ααΈαα αΈαα¬α‘αα»ααΈ α‘αααΈα‘αα¬α α‘ααα±αα¬ααΈαα‘αααααΈαα αΈαααΈα ααα±αα¬αΈ α‘ααΈαα αΈαα±αα¬ααΈα α»α¬αααΈαα±α αααΈ ααΌααΈααα‘ααΈα±αα¬
α±ααα¬αααααΈαααΈααααΈα α±ααΌα¬ααΈααΌα¬αααΈαααΈ αα¬αα«αααΈα‘αα»ααΈ α§ααα¬α αα»ααΈαααΈαααΈαα αΈαααΈα
(αΏ) α ααα αααΈααα»ααΈ αα α₯ααΈαα¬αααΈαααα±αα¬ααΈαααΈ ααΌααΈ αα¬ααα₯αΈαααΈαααΈα‘αα»ααΈ αααΈα‘αα αΈα±αα¬ααΈαααΈαααΈαα‘ααΈαααΈα α±ααΌα¬ααΈααΌα¬αααΈαααΈ αααΈααΌαααΈαα‘αααααΈαα αΈαα«αααΈα
αααΈαααΌα±αα¬α±ααα¬αα¬αα»ααΈ α±αα¬ααΈαααΈα±ααα α₯ααΈαα¬α αα‘α¬αααΈ ααααααΈ ααα α§α¬ααΈαα¬αααΈ α αααα αΈα±αα¬ααΈ αα αΈαααΈαααΌ αααΈααααΈαα αΈαα«αααΈα αα₯αΈαααΈαααΈαα¬αα‘ααΈαα¬αααΈα‘αα«αα»ααΈ αααα
REGDP αα« αα α¬αα»ααΈ ααα¬ααΌααΈα‘α α±αα±αα¬αΈαααΈαα αΈαα«αααΈα
(α) αααααα±αα ααααααΈαααΌα±α αααΈ α‘αααΈααα¬αα¬α±ααααΈαααΈα‘ααΈαα¬α α‘αα¬αααΈααααΈα±ααα»ααΈ α±αα¬ααΈαααΈαααΈ ααααααΈ αααΈααααΈαα¬α α α α₯αΈα±ααααΈαα¬ ααααΈαααΈαα αΈαα«αααΈα α‘αααααΈ
α‘αα¬αααΈααααΈα±ααααΈ αα α»α±αααααΌαααΈ α±ααα»ααΈαα αΈαα«αααΈα α±αα¬ααΈααααΈααΌααΈαααΈααααΈα ααΌα±ααα±αα¬ α±αα‘ααααααΈαααααΈ REGDP αα« αα α¬αα»ααΈ ααα¬ααΌααΈα‘α α±αα±αα¬αΈαααΈαα αΈαα«αααΈα
(α) αααΈα±αα¬ααΈα±ααααΈαααΈαα¬α±αα¬ααΈαα»ααΈαααΈα‘αααΈα αααΈαα»ααΈαα¬αα»ααΈ α ααΈααααΈαααΌα α±ααααΈαα αΈα±ααααΈ α±αα¬ααΈα±αα»ααα¬αααΌααΈ αααΈαααΈαααΈα±αα¬ααΈαααΈαα αΈαα«αααΈα
αααΈαααααΈα±αα¬ααΈαααΈαααΈααα¬ααα»ααΈ α ααΈααΏα αααΈαα¬αααΈαααΌ
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
Page20
αααΈαα¬α ααΈαα±ααααΈαααΈα‘αααααΈα±αα» αα αΈαααΈα‘αααα¬ααααΌ (α αα«) α ααααΈαααΈα‘α¬
α±ααΌα¬ααΈααΌα¬αααΈαααΈαα αΈαααΈα
αΏα α‘ααΈαααΈααα¬αααΈαααΈαα¬ α‘α±αα ααΈααααΈαα α αααΈαααΈα±ααα»αα¬αα»ααΈ DPTSC ααΌααΈ αααΈα
αααΈααααΈαα¬αα¬αααΈ αα«ααΈα‘α¬αααΈαα»ααΈαααΈαααααΈα±αΎαα¬ααΈα αααΈαααΈα α αΈα±ααααΈαα αΈαΏα αααΈαααΈαα¬ αα¬ααα¬ (α₯ααα¬- YCDC ααΌααΈ αααΈαααΈα‘α¬αα¬αααΈ) ααΌααΈ αααΈαααΈ/αααΈα±αααα
α‘α¬αα¬αααΈαα¬ααααΌααΈαααΈααααΈαααΈα±αα» α±αα» αα»α¬αααΈαα αΈαααΈα ααααα αααΈαααΈαααα¬α‘α±ααααααΈαααα¬α αααΈαα±α αΌα¬αααααΈ αα‘ααΈα±αα¬ ααααΈα±αα¬ααΈααααα¬α αααΈα±αα¬ααΈαα»α¬αααΈαα αΈαααΈα
.αα REGDP α αααΈαα»ααΈαααΈ
αα α€ REGDP α αΏααα±αα¬ αααΈαα»ααΈαααΈααΌα¬ αα«ααΈα‘α¬ααααααΈα±αα‘α ααΈα‘αααΈα‘αα»ααΈ
αααΈαααΈα±ααα¬ααα¬α±αααΌααΈ α±αα¬αΈα±αΎαα±αα‘ααΈα±α α‘α α‘α α₯αΈα αααΈααΌααΈααα¬ααΈαααΈααΌααΈ ααααΈα±αα¬αααααΈ α‘α±αα‘αα»ααΈα αααΈααα ααααΈαα»α¬α±αα¬ αααΈα±αα»α αααΈαααΈαααΈααααΌααΈ αααΈαααΈαααα¬ α‘αααΈα‘αα¬α
αααΈαααΈαααΌ αααΈαα«α±α‘α¬ααΈα±αα¬ααΈαα»ααΈαααΈαα αΈαα«αααΈα ααααΈααα±αα¬ααα¬α‘α±ααααΈ αααΈααααααα»α¬αααα¬α‘αα»ααΈ αααΈαααΈα‘α α¬ααααΈα±αα¬ααααΈαα¬αααΈ α±αα¬αΈα±αΎααααΌαααΈα αααΈααα
αα±αααα‘αααΈα‘αααΈα α ααααΈααααΈαα‘α±αα‘α±αααΌααΈ ααααΈααΌα₯αΈαααΈ ααααααΈα±αα¬ααΈαα»ααΈαα¬αααΈαααΌαααΈα±αα¬αΈααΌ ααααα‘α±αα‘α±ααα αααΈαααΈα±αα¬ααΈααΌα±α αααΈ
α±αα¬ααΈαα»ααΈα±ααααΈ α‘α α‘ααα¬ αααΌα±α αααΈ REGDP α α±ααα¬α±α αααΈαα αΈαααΈα ααααΌαα¬ ααααΈααααα¬αααΈ α‘αααΈαα‘α±ααααΈ α ααααΈαααΌααααΈ αααΈααα‘α±ααααΈ ααΌα±αααααΈα‘α±αα‘α±ααα»ααΈ
α‘αααΈα±αα±αααΌα±αα±α αααΈαα αΈαααΈα
.αα α ααααΈαααΈαα¬α±αα¬αΈααααΈ ααΌααΈ REGDP αα»ααΈ
α‘αααΈα‘αααΈαα¬αααΈααααΈα α»ααΈαααΈ α‘α α‘αα‘αα»ααΈ α‘α±αα
αα α ααααΈαααΈαα¬α±αα¬αΈααααΈαααΈ ααα₯ααααΈαα ααΌααΈTLααΌααΈ αααΈα ααΈαααΈα±αα¬ααΈαα±αα¬
αα»ααΈαααΈαααΈαα¬αααα¬α‘α±αα α‘α±αααα¬αα«αααΈα αΏαααΈααα«ααΈααα¬αα»ααΈ α±ααααααΈα±αΎαα¬ααΈαααΈααΌααΈααα‘α±ααα‘α±αααα¬ α ααααΈα§αα¬α ααΌααΈ ααααΈααα±αα¬ α±ααα»α¬αα¬α
αααΈααΌααΈαα¬αα«αααΈα ααααΈαααα»ααΈααΌα±αα¬ α‘ααΈα±αα¬ααΈα αα¬α αααα αα»α¬α‘α±αα‘α±α α α αΈαααΈα±αα¬ααΈαααααΌααΈ α±αα» α±αα» αααΈαααΈα‘ααα₯α¬ααΈαααα»αα¬α αααα¬α±αα» αααΈαα¬α±αα¬ α±ααα»α¬αα¬αα»ααΈ ααααΈααα«αααΈα
ααααΈαα»α¬α±αα¬α±αα§ααα¬αα»ααΈ α±αα«ααΈα±αα¬ααΈα±ααααΈα‘αααΈαα¬α‘α¬αααΈαααΌααΈαααΈα αΏαααΈααα«ααΈααα¬α α±ααααΈα±αααα¬αααΈαα¬α αα«ααΈα‘α¬αα»ααααΈαααΈαα¬ MOEE ααααΈααααΈαααΈαα¬ααααΌααΈ
α±αα»ααα±ααααΈαααΈαα¬α‘α±ααα‘α±αα ααααΈααα«αααΈα ααααΈαα»α¬α±αα¬ αααΈαααΈαααα¬α±αΎαα¬ααΈ ααααα»α¬αα»ααΈαα¬ααΌαααΈαααΈα±αα» ααΌααΈ α±αα¬αΈα±αΎαα α±α αα»ααΈα±αα«ααΈα±α α‘α±αααα¬ αααΈαααΌααΈαα»ααΈαααΈαα¬αα»ααΈ
α α αΈαααΈαα¬ααΌ α‘αααΈα‘αααΈαα¬α αααΈαααΈα±αα» α±αα» αααα¬ααΌ ααααΈαα¬α α‘ααααα«αααΈα α‘ααΈαααΈααα¬αααΈαααΈαα¬ α‘α±αα ααΈααααΈαα α±αααα»ααΈ α‘α±αααΏα REGDP α αααΈααα»ααΈααα»α¬αααΈαα αΈαα«αααΈα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
Page21
αΏα α±ααα¬αααααΈαααΈαααΈααΌααΈ αααΈαααΈα±ααα¬ααα¬αααΈα‘αααΈα‘αα¬
αΏ.α ααααΈαα»α¬α±αα¬ α±ααα¬ααΌααΈ αααΌαα¬
αα α±ααα¬αααααΈαααΈαα¬ααΌααΈ αααΈαααΈα±ααα¬ααα¬αα¬αααα»ααΈ ααααααααΈαααΈαααα¬αααΈ αα«αααΈαα«αααΈαααΈα α‘α-ααα¬ (αααΈαα¬αααΈ) α‘αααΈαα»ααΈ αα¬αα±α αααΈαα¬αααΈααΌα±αα±αα¬ αΏα
αααΈαα¬α§ααα¬αα«αααΈαααΈ (ααα¬ α)α α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL α‘ααΈααΈαα»ααΈ αα.α αααΈαα¬αααΈ α αα«αααΈαα¬αα αΈαΏα αα αααΈαα¬ααΌα¬ αα¬αα¬α ααΈαααΈαα¬αα αΈαααΈα α‘α-ααα¬ TL (αα) α‘αααΈαα»ααΈ α αα«αααΈ
α§ααα¬ αα.αα αααΈαα¬ ααααΈααααΌαααΈα ααα±αα¬αΈ αα¬αα«αααΈα‘α±ααα¬αααΈα±αα¬ααΈαααΈα‘αα»ααΈ αα‘ααΈα±αα¬ .αα αααΈαα¬αα¬αααΈ α‘αΏαα‘αααΈααααΈαααα αΈαααΈα
ααα¬ αα ααααΈααα±αα¬α±ααα¬αα¬α αααΈαααΌααΈα§ααα¬α ααααααααΈαααΈααα‘αα‘α α¬α‘αααΈα±αα¬αΈααααΈ -
αΏα
α±αα±ααααΌ α‘αααΈαα¬ αα¬αααααΈ
(αααΈαα¬)
α‘αΏαα‘αααΈααααΈ (αααΈαα¬)
α α α±αα«ααΈ
(αααΈαα¬)
α‘α-ααα¬ TL (αααΈαα¬αααΈ )
αΏααααααΈααΌ αα¬αα±α αααΈαα¬ααΌαααΈ α§ααα¬ αΏα. αΏα.
α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL
α αα« αα.αα .αα αα.α
αα¬αα¬αααΈαα¬ αα .αα .ααΏ αα.
α α α±αα«ααΈ αΏα.αα .αα αΏα.α
α‘α-αα-ααα¬TL (αα)
α αα« (TL α αα) αα.ααΏ .αα αα.α
αΏ.αΏα ααααΈαα»α¬αααΈ α±ααα¬αα¬ αααΈαααΈααα‘α±αα‘αα¬ αα ααααΈααα±αα¬α±αα‘αα¬α αα»ααΈ α±αα‘αααααΈααΌααΈ(LUC) ααΌαΎααα«αααΈ (ααα¬ α)α αααΈα
α‘α±αααα₯αΈαααΈααΌααΈαααΈ α‘αααΈα‘αααΈαα¬α±αα¬ααΈααααΈ α α αΈαααΈααααΈααΌααααΈ αααΈαααΌααΈαα»ααΈαααΈ αα¬αααΈαα αΈαααΈα α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL α‘αααΈαα»ααΈ αΏα.α α‘αααΈ ααα.α αα»ααΈ LUC ααΌαααΈα
α‘α-ααα¬ TL (αα) α‘αααΈαα»ααΈ αα.αα αααΈαα¬α‘αααΈ α.ααΏ αααΈαα¬αα»ααΈ LUC ααΌαΎααααΈα αααΈα±ααα¬αα¬ααΌα¬ α‘αα»ααΈαααα¬αααΈαα αΈαααΈα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
Page22
ααα¬ α α αΏα αααΌα αΈ α±α‘α¬ααΈααα¬ ααα-α αα»α¬ α α αΈαααΈααααΈααΌ αααΈαααΌααΈαα»ααΈαααΈαα¬α±αα¬ ααααΈα±αα¬
α±ααα¬αα¬α αααΈαααΈααα‘αααΈα±αα¬αΈααααΈ
αααΈαααΈαααα α‘αα‘α α¬ ααααΈα±αα¬α±α αααΈαα¬
αα¬α α‘αΏαα‘αααΈ α α α±αα«ααΈ
α±αα¬αΈααΏαααΈ - α±α - αα¬αααΈ TL
LUC ααα.α .α α ααα.α
α‘αα»ααΈαααα¬ αα.αΏα .α αα.α
α α α±αα«ααΈ αΏα.αα .αα αΏα.α
α‘α-ααα¬ TL (αα)
LUC αα .ααα .α α.ααΏ
α‘αα»ααΈαααα¬ α.αα . α.αα
α α α±αα«ααΈ αα.αΏαΏ .α αα.αα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
Page23
αΏ.αα ααααΈααα±αα¬ α‘ααΈα±αα¬ααΈα αα¬
αα α‘ααΈα±αα¬ααΈα αα αααΈ α‘αΏαα‘αααΈ α±αααα±αα¬ααΈααααΈαα αΈαα«αααΈα αααΈαααααΈ α±α ααΌααΈ αα¬αααΈ
αα«ααΈα‘α¬αα»ααα¬α‘αα»ααΈ α‘αααα¬α±αα¬α±ααα¬αα»ααΈαααΈααΌα±ααΎααα«αααΈα α‘α-ααα¬ TL (αααΈαα¬αααΈ) αα»ααΈ α‘ααΌααΈααααΈααααΈαααΈ α‘ααΈα±αα¬ααΈα α‘α±αα‘αα»ααΈα ααααΈαα¬αα»ααΈ
αααΈα±αΎαα¬ααΈαα αΈα±αα¬ααΈααΌαααΈα‘α±αα‘αα»ααΈα α±ααα»ααΈαααΈαααΈ αααΈα±αα¬ααΈααα«αααΈα α‘αααΈα αααΈαα αΈαααΈαααΈ α‘ααΈα±αα¬ααΈα αα αΈα ααα«α αααΈ TL αααΈ α‘ααΈα±αα¬ααΈα α±αα«ααΈ αΏα α ααααΈαα«αααΈα ααα±αα¬αΈ
αααΈ αα¬αα±α αααΈαα¬α α‘α±αα‘αα»ααΈαααΈ αα αΈα±ααααΌααΈ αα αΈα±αα α αα αΈαααΈααΌααΈ αα αΈαααΈ αααα
α±αα¬ααΈααααΈααΌααααΈ α‘α±αα‘αα»ααΈα‘αα‘ααα ααααΌαααΈαα«α
α α α±ααααΈα±ααααΌαααΈα±αΎαα¬ααΈα‘αΏααααΈααΌααΈαααΈα αα¬αα«αααΈαααΈα±ααα¬αα¬α ααΌααΈαα¬αααΈ ααΌααΈ TL α αα
α‘αα»ααΈααΌ αααααα±αααΌααΈ αααΈααα αααΈααΌααΈαα¬α α‘ααααα¬α αααΌααΌααΈαα¬αααΈ ααα ααααΈ α‘αα¬ TL αΏ αα±αΎαα¬ααΈ ααααΈααααΌαααΈ α‘ααΈα±αα¬ααΈα α‘α±αα‘αα»ααΈα ααααΈαααΈαααΈααααΈαα«α α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL
ααΌααΈ α‘α-ααα¬ TL (αα) ααα‘αα»ααΈ ααααΈα±αα¬α‘ααΈα±αα¬ααΈα α‘α±αα‘αα»ααΈαααΈαααΌααΈαααΌαααΈαααΈ αααΈαα¬αααΈα ααααΈαααΈαααΈααΌ α‘αα¬α ααααΈαα αΈααα αΈα±αα¬ α‘αα΅-α±αα¬αααααΈαααΈα‘αααΈααΌααΈαααΈα±αα ααααΈ2α REGDP
α‘α±ααα‘α±αααα¬ αααΈαααΌααΈαα»ααΈαααΈαααααααΈα
αα αα ααααα¬ ααΌααΈαα¬α±αα¬αααΈαααΈ α±ααα»α¬ α ααΌ α‘ααΈα±αα¬ααΈα α±αα«ααΈ α α α ααααΈααααΈ (α‘αα₯αΈαααΈ α α¬αααΈ ααΌααΈαααΈα α‘α αααΈαα α¬ α α¬αααΈ α ααΌααΈ α )α αα αΈααααα¬αααΈ α‘ααΈα±αα¬ααΈα .α α
ααααΈααααΌαααΈα α€αααΈα ααααΈ ααΌααΈTL αΏ ααααΈ αααΈαα±αα¬ α±ααααΈα±αααα»ααΈ αααΈααΌααααΈ ααααΈααα±αα¬α‘ααΈα±αα¬ααΈα α‘α±αα‘αα»ααΈαααΈαααΈ ααααΈααααΈαα αΈαααΈα αααααΈαααΈα
ααααΈαααΈαααΈαα»ααΈ αα αΈα ααααΈααααα¬αααΈ α ααΏ α₯α±ααααΈαααΈ (αα αΈαααΈαα¬αααΈ .α α₯)α αααα€α¬ααααΈα±αααααα»ααΈ αα αΈα ααααΈααααα¬αααΈ α ααΏ α₯α±α‘α¬ααΈαα¬ααΌαααΈ (αα αΈαααΈαα¬αααΈ .α
α₯) (ααα¬ α)α αα»ααΈαααΈαααΈαααΈ αα₯α±αααααααΈαΏα αα αΈα ααααΈααααα¬αααΈ αα₯α±α αα α₯ (αα αΈαααΈαα¬αααΈ .α) ααΌαααΈα ααα±αα¬αΈ α±αα¬αΈααΏαααΈααΌααΈ α‘αααααΈα
αααΈαααΈαααα»α¬αα¬αααΈα±αΎαα¬ααΈαα αΈα±αα¬ααΈαα»ααΈαα¬ αα₯α±αααααΈαααΈαααΈααααΌαααΈα αααααΈ αααΈαααΈαααΈα±ααααα‘αα»ααΈααΌ αΏαααααΈαα αΈααα αΈα±αα¬αΈαααΈ TL αααΈ
αααΈαα»ααΈαα¬α‘αα»ααΈαα»ααΈαα¬αααΈααΌαααΈα
αΏα αα»ααΈαααΈαααΈααΌ αα αΈαααΈαα¬αααΈα±ααααΈαααΈαα₯α±αα α‘αααΏααα»ααΈαααΈαααΈ αΏα.α αααΈαα¬ααΌα±αα¬ ααααααααΈαααΈαααα¬ααΌα±αα±αα¬α αααα»ααΈ TL α±αΎαα¬ααΈααααΈαα‘ααΈα±αα¬ααΈα α±αα«ααΈ αα αΏ α
ααΌαα«αααΈ (αα αΈαααΈαα¬αααΈ .α α₯ x αΏα αααΈαα¬ = α α₯ / αααΈααΌα‘ααΈα±αα¬ααΈα αααΈ α α₯)α α‘αα΅-α±αα¬αααααΈαααΈα‘αααΈααΌααΈαααΈα±αα ααααΈααΌ αα αΈααααα¬αααΈ α‘ααΈα±αα¬ααΈα .α ααααΈα‘α±αα‘αα»ααΈα
α‘αααα»ααΈαααΈαααΈ αα»ααΈαααΈαααΈα αα₯α±αααααΈαααααΈαα»ααΈαααΈαααΈαααΈ αααααΈαα¬α±αα¬ α‘α±αα‘αα»ααΈαα αΈαααΈ ααααΈαα‘ααΈα±αα¬ααΈα (αα) αααΌαααΈαα αΈαα«αααΈα α‘α-ααα¬ TL (αα) ααΌ
ααααΈαα‘ααΈα±αα¬ααΈα α‘α±αα‘αα»ααΈααΌα¬ αα αΈααααα¬αααΈ .α ααααΈαααΈαα»ααΈαααΈαααΈ αΏα α ααΌαα«αααΈ (ααα¬ α )α
2α±αα¬ααΈαααΈα±ααααΈαααα¬αα αΏαα REGDPα αααΈαα¬ - ααα¬αα±αα«ααΈα±αααα» α‘α±ααΌα-α‘α±αα¬ααΈ α αα»α¬α±αα αΎαα€ α ααααΈα ADB ααα αααΈαααααΈ α‘α αααΈαα α¬α αα»ααΈαα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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ααα¬ α - α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL αααΈαααΈαα»α¬α±αα¬ αααΈαα¬αααΈαααΌ αααΈαααΈαα¬/αααΈα±αααααα¬α
αα₯α±ααααΈαααΈαα
αααΈαααΈ/αααΈα±αααα αα αΈα ααααΈααααα¬ααΌ αα₯α±α
αα αΈαααΈαα¬ααΌ αα₯α±α
αα»ααΈ αα .α
αααα€α¬α ααΏ .α
αααΈαα‘αααΈ αααΈααΌ αα .α
α‘αα‘αα¬ - αααΈααα‘ααΈα‘α¬α₯α αα¬αα αααΈα±αα¬ααΈα α‘α αααΈαα α¬ - αΏα αααΌα αΈ αααΈαα¬αααΈα αα₯α±αααΌααΈ α‘ααΈα‘α±αΎαα¬ααΈα‘αα¬αααΈα±αα«ααΈα α¬αααΈα αααΈα±αα«ααΈα α¬αααΈα‘α αααΈαα α¬ α‘αα» (αΏ)
αΏα α‘αα΅-α±αα¬αααααΈαααΈα‘αααΈααΌααΈαααΈα±αα ααααΈααΌ ααααΈααα±αα¬ α‘ααΈα±αα¬ααΈα αα¬α‘α±αα‘αα»ααΈα α‘αααα¬ TL α±αΎαα¬ααΈααααΈααα±αα¬ α‘ααΈα±αα¬ααΈα αα¬α αααΈαααΌααΈαα»ααΈαααΈαα¬αα»ααΈ α‘αααΈααα αΈαααΈα±α
α‘α±αα‘αα»ααΈαα¬α αααΌαα«αααΈα α‘α±αΎαα¬ααΈααΌα¬ α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL αα±αα¬ααΈααΌ α±ααααΈα±αααα¬ααΌααΈ α αα«αααΈαα¬αα¬ α‘αα¬α αα αΈαααΈ α‘α-ααα¬ TL (αα) αα±αα¬ααΈααααΌααΈ ααΌα₯αΈαααΈ
α±αα¬αΈα±αα¬αΈαα¬αααΈαα αΈαααΈαα αΈαααΈααΌα±ααα¬αα¬αα»ααΈ α‘αα¬α‘α¬αααΈ αα₯α±αααααααΈα±αα¬α±αΎαα¬ααΈαα αΈαααΈα α ααααΈα αααααΈαααΈαααΈαααΈα αααΈαααΈα±ααα»αααΈααα¬αα»ααΈ αααααΈαα¬α±αα¬αααΈαααΌααΈα‘α±αα‘αα»ααΈα
α‘αααα¬αααΈαααΈ αααΈααααΈα α₯αΈαα αΈαα¬ ααα ααΈααα±αα¬αα»ααΈαααΈαααα αΈα±α αααΈα
ααα¬ α α α‘αααα¬α±αα¬ TL α ααααΌ ααααΈαα‘ααΈα±αα¬ααΈα α‘α±αα‘αα»ααΈ - αΏα α±α‘α¬ααΈααα¬
α‘α±αΎαα¬ααΈα‘αα¬ α‘α-ααα¬ TL
(αααΈαα¬αααΈ )
α±αα¬αΈααΏαααΈ-α±α-
αα¬αααΈTL
α‘α-ααα¬ (αα)
α‘αα¬ (ααααα¬) α .αΏ αΏα α. α.α
αααααα‘ααα‘α±αα¬ααΈα‘α‘
ααααααΈ α ααΈαα±αα‘αα»ααΈααΌ αα«ααΈα‘α¬αααΈα‘ααΌααΈ
(ααααα¬αααΈ)
α.α αΏαα. α.α
αα αΈααααα¬ααΌ
α‘ααΈα±αα¬ααΈα α‘α±αα‘αα»ααΈ αααΈαααΌααΈ
α.α
.ααΏ .α
ααααΈαα‘ααΈα±αα¬ααΈα α‘α±αα‘αα»ααΈ αααΈαααΌααΈ
αΏα αα αΏα
αα«ααΈα‘α¬αα»ααα¬α±αΎαα¬ααΈ ααααΈαααΈ α‘ααΈα±αα¬ααΈα α‘α±αα‘αα»ααΈ
α
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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αΏ.αα ααααΈαααα¬α α‘αααΈα‘αα¬
αΏαΏα α‘ααΈα±αα¬ααΈα αα αααΈ αααΈααα α‘ααΈαα¬ααααααΈαααΈα α‘αα¬ ααααΈαα‘ααΈα±αα¬ααΈα αα¬αααΈ
αααΈαααααΈαααΈα±αα¬ α±ααα¬α % α‘αααΈ ααααααΈ αααΈαα αααΈα±αα»α % α‘αααΈααααααΈααααΈαα«α ααααΈαα‘ααΈα±αα¬ααΈα αα¬ααΌ α‘α±ααα ααΈαα±αα‘αααΈα‘αααΈααΌααΈαα¬αα«αααΈαα αΈαα‘αα»ααΈ
αααα±αα¬α±αα‘αα αΈ α α ααααΈααα¬ααα αα¬ααΌαα»ααΈαααΈαααΈ α‘αα¬αααΌα¬ .% αα¬αα αΈαα«αααΈ (ααα¬ α)α αααΈα§ααα¬ααα¬αα±αΎαα¬ααΈ α ααΈαα±αααΌ ααααααΈααααα¬ααααΈ α‘αααΈα α‘ααΈα±αα¬ααΈα αααΈα±αα»α %
α±α‘α¬ααΈαα¬αα αΈαα«αααΈ (ααα¬ )α αααΈ αα¬αααΈααααΈαα¬α αΏα α ααΈαααΈαα¬-α±α‘α¬ααΈααα¬αα»ααΈ
α±αα¬ααΈααα±αα¬ α‘ααΈα±αα¬ααΈα α α αΈαααΈαα¬α ααααΈα‘α±ααα‘α±αααα¬ αα»ααΈαααΈαα¬αααΈαα αΈαα«αααΈα
αΏαα α‘α-ααα¬ TL (αααΈαα¬αααΈ) αα»ααΈ αα¬αα±α αααΈαααΈααΌααΈαα¬αααΈ αααΈα±αα»ααααααΈααααΈαα«α
αααΈαα¬αααΈααΌ αααΈααα αααΈααΌα±ααα¬ααΌααΈα‘ααααα αΈαααΈ α‘αα¬α±ααα¬αα αΈααα αααΈααα α±αααα±αα¬ααΈα±ααααΈαα αΈαααΈα α‘αααΈα α αΏ α₯αααΈ αααΈα±αα»αααΈαα±ααααΈ αααΈαααααΈαααΈαααα¬α
α‘αααΈα % αααααααΈ α ααααΈα ααααΈαααααΈ ααα¬αα¬αα¬ααααΌαααΈα αααΈααΌααΈαα«αααΈα3
ααα¬ α - α‘αΏαα‘αααΈααααα»α¬α±αα¬ α ααΈαα±αα α‘αααΈαα±ααααΈαααΈααα αα¬αααΈααααΈα‘αα αΈα±αα¬αΈααααΈ - αΏα α±α‘α¬ααΈααα¬
TL α‘αααΈα α±ααααΈαααΈαα (αααΈαα¬)
αα¬αα«αααΈαα αΈαα α±αα±αα¬ααΈα±ααα‘αα»ααΈ
αα‘ααΈα±αα¬ α§ααα¬α αα¬αααΈααααΈ
α‘α-ααα¬ TL (αααΈαα¬αααΈ) αααΌα ααΈαα±ααααΌαα« αα±αα¬αΈαααααΌαα«
α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL αΏ.α .α %
α‘α-ααα¬ TL (αα) α‘αααΈα‘αααΈαααΌαα« α‘αααΈα‘αααΈαααΌαα«
ααα¬ - α‘αααΈαααΌα αΈα α₯αΈ ααα¬α αααΈα±αα»α α‘α±αααα¬ α α ααααΈααα¬ααΌα±αα‘αα»ααΈ
αααα±αα¬αααΈα±αα»ααα¬αααΌααΈ αα¬αααΈααααΈα±αα¬αΈααααΈ - αΏα αααΌα αΈ α±α‘α¬ααΈααα¬
αααΌ α α ααααΈααα¬ααΌ αα αΈααΌα αΈαααΈα±αα» αα αΈααΌα αΈαααΈ
α‘αααΈαααΌα αΈα α₯αΈαααΈα±αα» αα αΈαααΈ α α αα¬αααΈααααΈ
α αα« ααα αααΈ .α%
αα¬αα¬ αα α αααΈ .α%
ααΌααΈ α αα αααΈ .α%
3 ADBα αΏαα αααΈαααΈαααΈαααΈαα αααΈα α»α αααΈααα«ααα¬α OM α‘αααΈ F1BPα α±α‘α¬ααΈααα¬α α‘αααΈ αα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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αΏ.αα ααααΈαα»ααΈα±αα¬ α‘ααΈα αα¬
αΏαα αααΈααα»ααΈαα«αααααΈααΌααΈαα₯αΈα±α‘α¬ααΈαα»ααΈ α±α‘α¬ααΈααΌα±αα±αα¬ααα¬α α±ααα¬ααα¬α α‘αααΈα‘αα»ααΈα‘αααΈααα¬α α‘ααααα¬ααΌααΈ αα±αααααΈαα¬α ααααΈαα»ααΈα±αα¬ααα¬α ADB α
αααΈααΌααΈαα«αααΈ (SPS SR2)α α‘α-ααα¬ TL (αααΈαα¬αααΈ) αα»ααΈ α‘αααα₯α±αα¬ααΈα±αα¬α‘ααΈα±αα¬ααΈα αα¬αααΈ α α α±αα«ααΈα‘ααΈα±αα¬ααΈα αα¬α αΏα% ααΌαα«αααΈα αααΈα ααα-
α αα»α¬α α αΈαααΈααααΈα α‘αααααΈαααΌααΈαα¬αααΈαα αΈαα«αααΈα αα TL ααΌ α‘ααΈα±αα¬ααΈα αα¬αα»ααΈ ααααΈα α»ααΈα±αα¬α α% ααΌααΈ αα αΈα±αααααΈαααΈα±αα» αΏ α±αααα¬α±α‘α¬ααΈαα¬αααΌα αΏ% αααΈαα«ααΌαα«αααΈα α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL
αα»ααΈ α‘αααα₯α±αα¬ααΈα±αα¬α‘ααΈα±αα¬ααΈα αα¬αααΈ α α α±αα«ααΈα‘ααΈα±αα¬ααΈα αα¬α α% ααΌαα«αααΈα ααααΈα α»ααΈα±αα¬αααΌα¬ αΏ% ααΌααΈ αα αΈα±αααααΈαααΈα±αα» αΏ α±αααα¬α±α‘α¬ααΈαα¬αααΌαααΌα¬ α % αα αΈαα«αααΈα α‘α-ααα¬
TL (αα) αα»ααΈ α‘αααα₯α±αα¬ααΈα±αα¬α‘ααΈα±αα¬ααΈα αα¬ααΌα¬αΏα %α ααααΈα α»ααΈα±αα¬αααΌα¬ α% ααΌααΈ αα αΈα±αααααΈαααΈα±αα» αΏ α±αααα¬α±α‘α¬ααΈαα¬αααΌαααΌα¬ αΏ% αα αΈαα«αααΈα
αΏ.α α α‘αα¬ααααΈααα±αα¬ αααΈαααΈαααα¬
αΏαα α ααααΈα±αΎαα¬ααΈ α‘αααΈα‘αα¬α±αα¬ααΈαααΈαα¬α±αα¬α‘α±αα¬ααΈα‘α‘ α α ααααΈαα«αααΈα α‘α±αα¬ααΈα‘α‘ α
αα α±αα«αα«α±αα¬ α‘ααΈα±αα¬ααΈαα α₯ααΈαα¬αα αΈαααΈ (αα αΈα αα«α αααΈ) αααααΈ α±αα¬ααΈαααΈαα¬αα«αααΈα α‘α±αα¬ααΈα‘α‘αα αΈαα α‘ααΈαααΈα±αα¬ααΈαααΈαα¬αα«αααΈα α±ααα«ααΈα‘α¬αα»αα‘αα»ααΈ
α‘αααα¬α±αα¬α§ααα¬αα»ααΈ α‘α±αα¬ααΈα‘α‘ α αααΌαΏα αα¬αααΈαα«ααΈα‘α¬αα»αα‘αα»ααΈα‘αααα¬α±αα¬α§ααα¬αα»ααΈ α‘α±αα¬ααΈα‘α‘ α αααΌαα«αααΈα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
Page27
αα αααα αα»α¬α‘α±αα‘α±α
α.α α α αΈαααΈα±αα¬ααΈααααΈαααΈα αα αΈ
αΏαα ααααΈαα‘ααΈα±αα¬ααΈα αα¬α α α αΈαααΈα±αα¬ααΈααα¬αα»ααΈ TL αααΈα±αΎαα¬ααΈ α ααα±αα¬ααΈααααΈααα«αααΈα ααααΈαα‘ααΈα±αα¬ααΈα αα¬α αααΈαααΌααΈα‘α±αα‘αα»ααΈα‘α±ααα‘α±αααα¬α±αα¬ TL
αα αΈααααΈ α‘αα»ααΈ α α αΈαααΈα±αα¬ααΈααααΈα‘ααΈα±αα¬ααΈα α‘α±αα‘αα»ααΈ (sample size) ααΌα¬ α±α‘α¬ααΈαα«α‘αααΈαα αΈαααΈ - α‘α-ααα¬ TL (αααΈαα¬αααΈ) (αα) α α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL (α)α α‘α-
ααα¬ TL (αα) (αΏα) (ααα¬ )α α α α±αα«ααΈ α α αΈαααΈα±αα¬ααΈααααΈα‘ααΈα±αα¬ααΈα α‘α±αα‘αα»ααΈ (sample
size) ααΌα¬ αα αα αΈαα«αααΈα αααΈα‘α±αα‘αα»ααΈ (sample size)αααΈ ααααΈαα‘ααΈα±αα¬ααΈα αααΈαααΌααΈα‘α±αα‘αα»ααΈα αΏα% αα αΈαα«αααΈα4
ααα¬ - ααααΈαα‘ααΈα±αα¬ααΈα αα¬αααΈαααΌααΈα‘α±αα‘αα»ααΈ ααΌααΈα α αΈαααΈα±αα¬ααΈααααΈα‘ααΈα±αα¬ααΈα α‘α±αα‘αα»ααΈ α αΏα αααΌα αΈ α±α‘α¬ααΈααα¬
TL ααααΈαα‘ααΈα±αα¬ααΈα αααΈα
ααΌααΈα‘α±αα‘αα»ααΈ
α α αΈαααΈα±αα¬ααΈααααΈ
α‘ααΈα±αα¬ααΈα α‘α±αα‘αα»ααΈ
αααα¬α α α α±αα«ααΈα
αα¬αααΈααααΈα‘αα αΈα±αα¬αΈααααΈ
α‘α-ααα¬ (αααΈαα¬αααΈ) αΏα αα αΏ%
α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ αα α αΏαΏ%
α‘α-ααα¬ (αα) αΏα αΏα α α%
α α α±αα«ααΈ ααα αα αΏα%
αΏααα‘α-ααα¬ (αααΈαα¬αααΈ) α‘αααΈααΌ α α αΈαααΈα±αα¬ααΈααααΈ α‘ααΈα±αα¬ααΈα αα¬αααΈ αααΈαααΈαααΈα±ααααααΌ αΏαααααΈααΌα αΈα (α‘α ααΌααΈ αααΈαα αΈα±αα¬ααΈ) αα»ααΈ αααΈααΌαα¬ αα
αα«ααΈα‘α¬αααΈα‘αααΈαα»ααΈ α α αΈαααΈα±αα¬ααΈααααΈα‘ααΈα±αα¬ααΈα αα¬αααΈ αααΏαααααΈαα»ααΈ αααΈααΌαα«αααΈ (ααα¬ αΏ)α α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL α‘αααΈα‘αα»ααΈ α α αΈαααΈα±αα¬ααΈααααΈ α‘ααΈα±αα¬ααΈα αα¬αααΈ α±ααα»α¬ α
αα»α¬αα»ααΈ αααΈααΌαα«αααΈα α±αα» αααΈαα¬α±αα¬α‘ααΈα±αα¬ααΈα αα¬α α±αααααΈα±ααα¬α±αα¬ α α αΈαααΈα±αα¬ααΈαααα¬α α±ααααΈαα¬αα»ααΈ α‘αααααΈ α α¬αααΈααΌα¬ α αααΈααΌα¬αα« α±ααα»ααΈααα¬α α±αα¬ααΈαααΈαα»
αα»ααΈ α±αα¬αΈααα¬αα«αααΈα
α.αΏα αα«ααΈα‘α¬ααααααΈαααΈαααΈαα¬αααΈαααΈαα»α¬αααΈ αΏαααααΈαα¬ααΌ αα₯α±α
ααα¬α ααΌααΈ αα₯α±αααααΈααα‘α±αα‘α±α
αΏα α α‘α-ααα¬ TL (αααΈαα¬αααΈ) αααΈαααΈαα»α¬αααΈ αΏαααααΈ α ααα»ααΈ α α α±αα«ααΈαα₯α±α αααα
ααΌαα«αααΈ (ααα¬ α)α αα₯α±αα‘αα¬αααΌαααΈ TL ααΌα¬ α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ αα αΈαΏα αααΈα 4ADB ααααα΅α‘α±αα¬ααΈααααΈα α±αααα±αα¬ααΈα±ααα¬ααα¬αααΈαααΈαα¬ αα¬αα»ααΈα±α α¬ααΈα±ααΌα¬ααΈαααα¬ - α‘α α‘α α₯αΈα±ααα»αααΈ ααΌααΈ α‘α±αα¬ααΈα‘αααΈα±αα¬αΈαααΈαααΈαα¬ α‘α±αα‘αα±αα¬ααΈαα¬ αααΈαα αΈα α¬α‘ααΈ (αΏαΏ) αα»ααΈ sample size ααααΈααΌα¬ α ααααΈα±αΎαα¬ααΈ αααΈααΌα¬αααΈαααααΈ αααΈαααΌααΈαα‘α±αα‘αα»ααΈα α‘αααΈα αΏ% α α±αα¬αΈααα¬αααΈ (α‘αααΈ α ααΌααΈ αα )α
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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αααΈα±αΎαα¬ααΈαα αΈα±αα¬ααΈααΌ αΏαααααΈαα¬αα»ααΈ αα₯α±α αΏααα α₯ααΌαααΈα αααΏαααααΈαα»ααΈ αα₯α±α ααΏα αα
α₯ ααΌαααΈα
ααα¬ αΏ - αΏαααααΈαα¬ ααΌααΈ α±ααα»α¬αα¬αα»ααΈ α α αΈαααΈα±αα¬ααΈααααΈα‘ααΈα±αα¬ααΈα αα¬ ααααΌααααΈααΌα - αΏα
α±α‘α¬ααΈααα¬
TL, αααΈαααΈ/αααΈα±ααααααΌααΈ αΏαααααΈ α±ααα»α¬ α α αΈαααΈα±αα¬ααΈααααΈ α‘ααΈα±αα¬ααΈα
α‘α±αα‘αα»ααΈ
α±αα«ααΈ
αα α‘α-ααα¬ TL (αααΈαα¬αααΈ )
αααΈαααΈαααΈα±αααα
α‘α αα±αα¬αΈαααααΌαα« αΏα
αααΈαα αΈα±αα¬ααΈ αα±αα¬αΈαααααΌαα« α
α α αΈαααΈα±αα¬ααΈααααΈα‘ααΈα±αα¬ααΈα α α α±αα«ααΈ αα
ααα±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL
αα»ααΈαααΈαααΈ
αα α±αα¬αΈα α
α±α α‘α±αα¬αΈ αΏα
ααααααΈ αα«αα αΏ
αααα€α¬ααααΈα±αααα
ααααΈα±α‘α¬ααΈ ααααΈα±α‘α¬ααΈ αα
α α αΈαααΈα±αα¬ααΈααααΈα‘ααΈα±αα¬ααΈα α α α±αα«ααΈ α
αα α‘α-ααα¬ TL (αα)
αααΈαααΈαααΈα±αααα
αα αα±αα¬αΈαααααΌαα« αΏα αΏα
α α α±αα«ααΈ αα
αΏαα α‘α-ααα¬ TL (αααΈαα¬αααΈ) αααΈαααΈαα»α¬α±αα¬ αΏαααααΈαα¬ααΌ αα₯α±ααααααΈααΌα¬ αα α ααΌααΈ αΏα αααΈα±αα«ααΈα α¬αααΈα‘α α‘ααΌααΈ . αα αΈαα«αααΈα αααΈαΏαααααΈαα¬αααΈ αααΈαααΈα
α±ααΌαα±αα¬α‘αααΈαα»ααΈαααΈααΌαα«αααΈα αααΈαα¬αα‘αα»ααΈ αα αΈαααΈαααα₯α±ααααααΈααΌα¬ .αΏ αα¬αααΈααααΈαα αΈαα«αααΈα ααα±αα¬αΈ αααα»ααΈ α.α % ααααααΈ αα αΈαααΈαααα₯α±ααααααΈα α αα±αα¬αΈααΌαααΈα
αααΈ αΏαααααΈαααΈ αααα¬αα¬αααΈ αααΈαααΈαΏαααα»ααΏαααααΈααα‘αα»ααΈ αααα»ααΈαα¬αααΈα±α αα αΈαααΈα α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL α‘αααΈααΌ αΏαααααΈαα¬αα»ααΈ αα₯α±ααααααΈ .α% ααΌαΏα
αααΈααΌαα₯α±ααααααΈα±α‘α¬ααΈ α±αα¬ααααΈα±ααααΈα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
Page29
α.αα ααααΈα±αα¬ α‘ααΈα±αα¬ααΈα αα¬α αα₯α±ααααΈαα¬ α‘αααΈα‘αααΈαα¬
αα α±ααααΈα±αααα¬ααΌ TL αααΈαααΈαα»α¬αα¬ αα»α¬αα¬αααΈ αααΈαααΈαααΈα±ααααα‘αα»ααΈ TL
αααΈαααΈαα»α¬αα¬αΏαααααΈαα¬αααΈ αααΈααΌα‘ααΈα±αα¬ααΈα αααΈ α‘α±αα‘αα»ααΈ αααα¬αα¬αααΈα α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL ααΌ α±ααα»α¬αα¬α αααΈααΌα‘ααΈα±αα¬ααΈα αααΈα‘α±αα‘αα»ααΈααΌα¬ α.α α₯αα αΈαααΈ (ααα¬ α)α α‘α-
ααα¬ TL (αααΈαα¬αααΈ) αααΈαααΈαα»α¬α±αα¬ αααΈαααΈαααΈα±ααααααΌ αΏαααααΈααΌα αΈααα»ααΈα α.α α₯αα αΈαααΈα αααα»ααΈ αααΈααΌα‘ααΈα±αα¬ααΈα αααΈα‘α±αα‘αα»ααΈααΌα¬ α.α α₯αα αΈαααΈα αΏα αααΈα±αα«ααΈα α¬αααΈα‘α
αα αΈαααΈααα‘αααΈα‘αα¬αααΈ αααΈααΌα‘ααΈα±αα¬ααΈα αααΈα‘α±αα‘αα»ααΈααΌα¬ α.α α₯αα αΈαααΈαα
ααα¬ α - αα«ααΈα‘α¬ααααααΈαααΈαααΈαα¬αααΈαααΈαα»α¬αααΈ ααααΈαα¬ααΌ αα₯α±α ααα¬α ααΌααΈ αα₯α±αααααΈαα ααΌααΈ αα₯α±α αααΈαααΈααα‘α±αα‘α±α
TL, αααΈαααΈ/αααΈα±ααααααΌααΈ αΏαααααΈ αα α αα₯α±α αΏα αα₯α±α ααΌα αΈα α₯αΈαααααΈ
α‘α-ααα¬ TL (αααΈαα¬αααΈ )
αααΈαααΈαααΈα±αααα
α‘α αα αα αααα αΏ .αΏ
αααΈαα±αα¬αΈ αααα ααα .α
α±αα¬ααΈααα¬ ααααα αΏαα αα (.α)
αααΈαα αΈα±αα¬ααΈ αααα αααα (.α)
α±αα«ααΈ α αα αααα (.)
α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL
αα»ααΈαααΈαααΈ
α±αα¬αΈααΏαααΈ αΏαααα αΏα αααα α .α
αα αααΏα αααα .
ααααααΈ αΏαΏαα αααα .
α±α ααα ααΏαα α (.αΏ)
α±αα«ααΈ αααααα α ααα .α
αααα€α¬ααααΈα±αααα
α±αα α αααα ααα .α
αα¬αααΈ αααΏ αΏααα .αΏ
α±αα«ααΈ αΏααα αΏαΏαααα .α
α‘α-ααα¬ (αα)
αααΈαααΈαααΈα±αααα
αα αααα ααΏα αα α.α
α‘αα‘αα¬ - αααΈααα‘ααΈα‘α¬α₯α αα¬αα αααΈα±αα¬ααΈα α‘α αααΈαα α¬α αΏα αααΌα αΈ αααΈαα¬αααΈα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
Page30
TL, αααΈαααΈ/αααΈα±ααααααΌααΈ αΏαααααΈ αα α αα₯α±α αΏα αα₯α±α ααΌα αΈα α₯αΈαααααΈ
αα₯α±αααΌααΈα‘ααΈα‘α±αΎαα¬ααΈα‘αα¬ αααΈα±αα«ααΈα α¬αααΈα αααΈα±αα«ααΈα α¬αααΈ α‘α αααΈαα α¬ α‘αα» (αΏ)α α‘αα» α-α (αααα€α¬α αααΈα±αααα)α α‘αα» α-α (αα±αα» αααΈα±αααα)α α‘αα» α-α (αα»ααΈαααΈαααΈ)α α‘αα» α-α
(αααΈαααΈαααΈα±αααα)α ααααΈαααααΎαααΈα±αααΌααΈ αααΈααα‘ααΈα‘α¬α₯α αα¬α αα αα αα α αααΈα±αα«ααΈα α¬αααΈα αα±αα» αααΈ (α±αα±αα¬αΈαα«α)α αα»ααΈαααΈαααΈ (αΎααααΈ)α αααΈαααΈαααΈ (ααααΈαα¬) ααΌααΈ αααα€α¬α (ααααΈ)α
ααα¬ α - ααααΈααα±αα¬ α‘ααΈα±αα¬ααΈα αα¬α αα₯α±ααααΈαα¬α‘αααΈα‘αααΈαα¬ α±αα» αααΈα±αα¬αΈααααΈα αΏα α±α‘α¬ααΈααα¬α
α‘α±αΎαα¬ααΈα‘αα¬ α‘α-ααα¬ TL (αααΈαα¬αααΈ )
α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL
α‘α-ααα¬ (αα)
αααΈααΌα‘ααΈα±αα¬ααΈα α‘αα»ααΈα‘α α¬ α.α α.α α.α
αα¬/α αα¬αααΈααααΈ
αα¬ α% αα% αα%
α α% αα% αα%
α α α±αα«ααΈ % % %
α‘ααα¬ αααΈααΌα±αα¬ α‘αααα₯α±α
αΏαΏ αΏ
ααα»ααΈα±αα¬αα¬αα¬ (%)
αααΆαα¬αα¬ αα% % %
αααα¬ααΈ α%
α α α±αα«ααΈ % % %
ααααΈα α»ααΈααα«αααΈα±αα¬ α‘ααΈα±αα¬ααΈα α‘α±αα‘αα»ααΈ
αΏ αΏ
α‘αα‘αα¬ - αΏα α ααΈαααΈαα¬-α±α‘α¬ααΈααα¬ α α αΈαααΈ
αα αα¬/α α‘αα‘α α¬αα»ααΈ αΏαααααΌααΈ α±ααααΈ αα»α¬αα¬αααααΈα±αα»ααααΈαααΈαααΈα α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL αα αΈα±αα¬ααΈααΌ α±ααα»α¬αα¬αα»ααΈ αα₯α±αα α‘αα¬α ααΌα¬ α‘ααααα¬αα αΈαΎααααΈα α±αα¬αΈααΏαααΈ-
α±α-αα¬αααΈ TL αα αΈα±αα¬ααΈαα»ααΈ α‘ααα¬ αααΈ α‘ααα αΏαΏ α₯ααΌαααΈα αααΈα‘αα‘α α¬αααΈ αα αΈαααΈααααΌ α‘αα‘α α¬αα αΈαααΈ α‘ααα¬ αααΈ α‘ααα α α₯ααΌααΈ αααΈα±αα¬αα±αα»αα αΈαααΈα
ααα±αα¬αΈ TL αααΈαααΈαα»α¬αααΈ αααΈαααΈααΌ αΏαααααΈααΌα αΈααα»ααΈ αα¬/α α‘ααααΈ αααΌα±ααααΈα α‘α-ααα¬ TL (αααΈαα¬αααΈ) ααΌ αΏαααααΈαα¬αα»ααΈ α‘ααα¬ααΌααΈ α‘ααα α‘α±αα‘αα»ααΈαααααΈα αα αααΈα±αΎαα¬ααΈαα»ααΈα
α‘ααααα¬α α‘ααα¬αα¬αααΈ α‘α±αα‘αα»ααΈααα¬α±αα¬αΈαααΈ ( α‘ααα¬ αααΈ α‘ααα αΏ) α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL αααΈα±αΎαα¬ααΈααΌ α±ααα»α¬αα¬α±αα¬ααΈ ααα¬α±αα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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ααΏα α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL ααΌααΈ α‘α-ααα¬ TL αααααΈαααΈαα¬ α±ααα»α¬αα¬ααΌ ααα¬αα»ααΈ αααΆαα¬αα¬αααΈ % αα αΈαα«αααΈα α‘α-ααα¬ TL (αααΈαα¬αααΈ) αααΈαααΈαα»α¬α±αα¬ αΏαααααΈ αΏ ααα»ααΈα
αααα¬ααΈαα¬αα¬αααΈ α% αα«αααΈαα«αααΈα TL α‘α¬ααα»ααΈ ααααΈα α»ααΈαααΌα±αα¬ α‘ααΈα±αα¬ααΈα αα¬αα«αααΈαα«αααΈα α‘α-ααα¬ TL (αααΈαα¬αααΈ) ααΌααΈ α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL α‘αααααα»ααΈ αααΈααααα±αα¬
α‘ααΈα±αα¬ααΈα αΏ α α αα«ααΌαα«αααΈα αα αααΈα±αΎαα¬ααΈαα»ααΈ ααααΈα α»ααΈααα«αααΈα±αα¬ α‘ααΈα±αα¬ααΈα αα αΈα αα«ααΌαα«αααΈα
α.αα α‘ααΈα±αα¬ααΈα αααΈαα¬α ααα¬α±α
ααα TL αα¬αα αΈα±αα¬ααΈ ααααΈααα±αα¬ α‘ααΈα±αα¬ααΈα αααΈαα¬α‘αααΈ % (α‘αααΈ α ααΌα αΈααΌααΈ α‘αααΈ)
αααΈ α±αα¬ααΈαα±αααΎαα±αΎαα¬ααΈ α±αα»αααα«αααΈ (ααα¬ α) α α‘ααα¬αα¬ααΌααΈ α‘ααααα¬α‘αΎαα¬αα»ααΈ α‘ααααα¬α αα¬αααΈααααΈαααΈα α‘α±αα‘α±ααα¬αα»ααΈα±αΎαα¬ααΈα±αα»αααα«αααΈα αα₯α±α αααα αΈααααΈααααΈ
α‘αααΈα αααααΈααα¬α±ααα αΈααΌα αΈαααΈα αααΈαΎαα¬ααα¬ α‘ααα¬αα¬ααΌααΈ α‘ααααα¬α‘αΎαα¬ αα¬αα¬ααα‘αααΈαααΈααΌαααΈα αα₯α±αα αΏ% αα¬αααΈ α‘αααΈαααΈααα¬α±αααΌαα¬ α‘ααα¬αα¬α
α‘ααααα¬αααΈ αα¬αααΈααααΈα‘αααΈαααΈαα¬αα»ααΈαααΈ (αΏαΏ% ααΌααΈ αΏ% α‘αα)α ααα±αα¬αΈ ααααααΈαα»αααα¬αα»ααΈ α‘ααααα¬α α‘ααα¬αα¬αααΈααα¬αααΈ ( α% ααΌααΈ α% α‘αα)α
αα₯α±αα α α±αα«ααΈα‘αααΈααΌ α‘αααΈα ααΌα αΈααΌααΈα‘αααΈ α‘ααΈα αα»ααΈ α% αα¬αααΈ ααααααΈαα»αααα¬αα αΈαααΈα
ααα¬ α - TL αααΈα±αΎαα¬ααΈαα αΈα±αα¬ααΈα±ααα»α¬αα¬αα»ααΈ αα¬/α α‘αααΈ (α‘αααΈ α ααΌα αΈααΌααΈ α‘αααΈ)
ααα¬αααΈα±αα¬ααΈααα‘α±αα‘α±α - αΏα αααΌα αΈ α±α‘α¬ααΈααα¬
ααα¬αααΈα±αα¬ααΈαα αα¬ (%) α (%) α α α±αα«ααΈ (%)
αααΈα±αα¬ααΈαααααΌ αΏ
αααααΈ α α α
α‘αααΈαααΈ αΏα αΏα αΏα
α‘αααΈαααΈ αΏαΏ αΏ αΏ
ααααααΈα‘αααΈ α α α
ααααααΈαα»αα α α α
α α α±αα«ααΈ
α‘αα‘αα¬ - αΏα αααΌα αΈ α ααΈαααΈαα¬-α±α‘α¬ααΈααα¬ α α αΈαααΈ
ααα TL αααΈααΌαα¬α±ααα¬αα¬αα»ααΈ ααααααΈαα»αααα¬α αα¬αααΈααααΈαααΈ αΏαααα‘αααααΈα±ααα»ααΈ α‘αα¬ααα αΈαααΈ - α‘α-ααα¬ TL (αααΈαα¬αααΈ) αα»ααΈ αα¬αααΈααααΈααΌαααΈ (ααα¬ α)α
αα¬αααΈααααΈα‘αααΈαααΌα¬ αα αααΈα±αΎαα¬ααΈαα»ααΈαα αΈαΏα α% αα¬αααΈ ααααααΈαα»αααα¬αα αΈαΎααααΈα ααα±αα¬αΈ ααα¬αααΈα±αα¬ααΈαααΈαααΌα±αα¬ αα¬αααΈααααΈααΌα¬ α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL αααΈα±αΎαα¬ααΈαα»ααΈαα αΈαΏα α
αα¬αααΈααααΈαα αΈαααΈα α‘α-ααα¬ TL (αααΈαα¬αααΈ) αα»ααΈ α% αα αΈαΏα αα αααΈα±αΎαα¬ααΈαα»ααΈ % αα αΈαααΈα αααΈαααΈαααΈα±αααααααΈ α‘αα¬α±ααααΈα±αααα¬ααΌααΈ ααααΈααΌα₯αΈαααΈ α‘α±αα‘α±ααα±αα¬ααΈα±αα±αα¬αΈαααΈ
αααΈα±αααα»ααΈα±ααααΈααα¬α‘αΎαα¬αα»ααΈ αα»α¬ααααΈαα¬ααΌα±αα±αΎαα¬ααΈ αααΈαα¬αα¬αααΈαα¬α ααα±ααααΈα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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ααα¬ α - TL αααΈα±ααα¬αα¬α‘αααΈ ααα¬αααΈα±αα¬ααΈααα‘α±αα‘α±α (α‘αααΈ α ααΌα αΈααΌααΈ α‘αααΈ)α αΏα
αααΌα αΈ α±α‘α¬ααΈααα¬
ααα¬αααΈα±αα¬ααΈαα α‘α-ααα¬ TL (αααΈαα¬αααΈ )
α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈTL
α‘α-ααα¬ (αα)
αααΈα±αα¬ααΈαααααΌ α α
αααααΈ αΏα αα αΏ
α‘αααΈαααΈ αΏα αΏα αΏα
α‘αααΈαααΈ αΏα α αΏα
ααααααΈα‘αααΈ αΏ α α
ααααααΈαα»αα α α
α α α±αα«ααΈ
α‘αα‘αα¬ - αΏα αααΌα αΈ α ααΈαααΈαα¬-α±α‘α¬ααΈααα¬ α α αΈαααΈ
α.αα α‘ααΈα±αα¬ααΈα αααΈαα¬α α‘αααΈα‘αααΈ
ααα α‘αααΈ α ααΌα αΈααΌααΈ α‘αααΈααΌαΏα α‘αααΈα‘αααΈααΌα±αα¬ α‘ααΈα±αα¬ααΈα αααΈαα¬α αα¬αααΈααααΈααΌα¬ α α
αα¬αααΈααααΈααΌαααΈ (ααα¬ α)α αααααΈααΌα¬ α‘αααΈαααΈααα¬αααΈααααΈααΌα¬ α αα¬αααΈααααΈαα αΈαααΈα α‘αααΈαααΈααα¬αα»ααΈ α‘ααα¬αα¬α α‘ααααα¬αααΈ ααα¬αααΈ (α% ααΌααΈ % α‘αα)α
α‘αα‘αααΈαα±αα¬αΈαα±αα¬ α‘αααΈα‘αααΈα‘αααα»ααΈ α‘ααα¬αα¬α αα¬αα¬αα¬ αΏ αα¬αααΈααααΈααΌαααΈα α‘ααααα¬α‘αΎαα¬αα»ααΈ αα¬αααΈααααΈα‘αα¬αααΌα¬ α‘ααΈαααα α₯α‘αααΈαα αΈαΏα α αα¬αααΈααααΈαα αΈαααΈα
α‘α αα‘αααΈα‘αααΈα ααααααα ααΌααΈ α±ααα α¬αααΈαααΈαα¬αα»ααΈ α‘ααααα¬αααΈ α‘ααα¬αα¬α α‘αααΈα‘αααΈαααΌαα ααα¬αααΈα α‘α αα‘αααΈα‘αααΈαα¬αα»ααΈ α‘ααα¬αα¬α % α‘αααΈααΎααΏα
α‘ααααα¬α α% αα¬α‘αααΈααΎααααΈα ααααααααα»ααΈ α‘ααα¬ % ααΌααΈ α‘ααα α% α‘αααΈααΎααααΈα α±ααα α¬α‘αααΈα‘αααΈαα¬αα»ααΈ α‘ααα¬ α% ααΌααΈ α‘ααα α% αα¬ α‘αααΈααΎααααΈα
ααα¬ α - TL α‘α ααΈα‘αααΈαα»ααΈ α‘ααΈα±αα¬ααΈα αααΈαα¬ (α ααΌα αΈααΌααΈ α‘αααΈ) α αα¬/α α‘αααΈ αααΈα
α‘αααΈα‘αααΈ - αΏα α±α‘α¬ααΈααα¬
α‘αααΈα‘αααΈ αα¬ (%) α (%) α α α±αα«ααΈ (%)
α ααΈαα±ααααΈαααΈ α α α
αααΈαααΈα αα»α¬α±α α αΏ α
α‘α αα‘αααΈα‘αααΈ α α
ααααααα α‘αααΈα‘αααΈ α α
α±ααα α¬αααΈαα¬ α α
α‘ααΈααα‘αααΈ αΏα α
α‘αααΈαααΈα α α
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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α±αα¬ααΈαα¬/α α αΏαΏ αΏ
α‘αα¬ αΏ αΏ α
α α α±αα«ααΈ
α‘αα‘αα¬ - αΏα α ααΈαααΈαα¬-α±α‘α¬ααΈααα¬ α α αΈαααΈ
ααα α‘αααΈα‘αααΈαααΌαααααΈ α‘α-ααα¬ TL αααΈα±αΎαα¬ααΈ (αααΈαα¬αααΈ) αα»ααΈ α α αα¬αααΈααααΈααΌααΈ
α‘αααΈααα αΈαααΈ (ααα¬ α )α α‘α-ααα¬ (αα) α‘αααΈαα»ααΈ α α αα¬αααΈααααΈααΌααΈ α‘αααΈααα αΈαααΈα
α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL α‘αααΈαα»ααΈ α‘αααΈα‘αααΈααΌααααααΈαααΈ α α αα¬αααΈααααΈααΌαααΈα
αα»α¬αα¬α±αα¬ααΈααααα¬ααΌα±αα¬αΈαααΈ α±ααα¬α‘α¬ααα»ααΈ α‘αααΈαααΈαααααΈαααΈ αααΈαα¬αααΈααΌαΏα ααααΈ αΏ αααΌα±ααααΈα
ααα α‘α-ααα¬ TL (αααΈαα¬αααΈ) ααΌααΈ αα αααΈα±αΎαα¬ααΈαααα»ααΈ α ααΈαα±ααααΈαααΈα
αααΈαα‘αααΈα‘αααΈα‘αα αΈ αααΈαααΈααααΌαα«α α‘α-ααα¬ TL (αααΈαα¬αααΈ) αα»ααΈ αααΈαααΈαααΈαααΈαααΈαααΈα αα¬αααΈααααΈα‘αααΈααα αΈαΏα ααα¬αααΈααααΈααΌαααΈα α‘α-ααα¬ (αα) αα»ααΈ ααααααααα»ααΈ αααΈαααΈα
αα¬αααΈααααΈα‘αααΈααα αΈαΏα α αα¬αααΈααααΈααΌαααΈα
αα α α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL α‘αααΈαα»ααΈ α ααΈαα±ααααΈ αααΈα α‘αααΈα‘αααΈαα αΈα±ααααΈααΌα¬ αα¬αααΈαααΈαα»ααΈαα αΈαααΈα αααΈαααΈ αααΈαα¬αα αααΈαα‘αααΈα‘αααΈαααΈαα αΈαα¬ α αα¬αααΈααααΈααΌαααΈα
αααΈα‘αααΈαα»ααΈ α‘αααΈ α ααΌα αΈααΌααΈ α‘αααΈααΌαΏα α‘α αα‘αααΈα‘αααΈααΌα α% ααΌααΈ ααααααααα»ααΈ αααΈαααΈα α% ααΌαααΈα ααα±αα¬αΈ α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL α‘αααΈαα»ααΈ α±ααα α¬α‘αααΈαααΈαααΈα
αα¬αααΈααααΈαααΈαα¬αΏα % ααΌαααΈα
ααα¬ α - TL αααΈα±ααα¬αα¬α‘αααΈ α‘ααΈα±αα¬ααΈα αααΈαα¬α αααΈαα‘αααΈα‘αααΈ (α‘αααΈ α ααΌα αΈααΌααΈ α‘αααΈ)
- αΏα α±α‘α¬ααΈααα¬
α‘αααΈα‘αααΈ α‘α-ααα¬ TL (αααΈαα¬αααΈ )
α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL
α‘α-ααα¬ (αα)
α ααΈαα±ααααΈαααΈ α
αααΈαααΈα αα»α¬α±α α α
α‘α αα‘αααΈα‘αααΈ α α α
ααααααα α‘αααΈα‘αααΈ
α α
α±ααα α¬αααΈαα¬ α α
α‘ααΈααα‘αααΈ α α α
α‘αααΈαααΈα α α
α±αα¬ααΈαα¬/α αΏ αΏ α
α‘αα¬ α
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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α α α±αα«ααΈ
α‘αα‘αα¬ - αΏα α ααΈαααΈαα¬-α±α‘α¬ααΈααα¬ α α αΈαααΈ
α.αα α‘ααΈα±αα¬ααΈα αααΈα±αα» ααΌααΈ α‘αα αααΈ
ααα α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL αα»ααΈ αααΈαα¬α ααΈαα±αα α‘αα αααΈαααΈαΎαα±αα¬α±αΎαα¬ααΈ
α‘ααΈα±αα¬ααΈα α‘αα¬α αααΈ αααΈαα¬α ααΈαα±αα α‘αααααΈα±αα»α‘αααΈα‘αα αΈαα αΈαα‘αα αΈ ααΌαα‘α¬αα¬αΎααααΈ (ααα¬ α)α α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL ααΌ αα% αααΈ αααΈαα¬α ααΈαα±αααΌ αααΈα±αα» αααΌαΎααααΈα αααΈαααΈ
TL αα»ααΈα α‘ααΈα±αα¬ααΈα α‘αα¬α αααΈ α±ααα α¬α ααΌααΈ αα α¬αα¬α ααΌαα‘α¬αα¬αΎααααΈα α‘α-ααα¬ TL (αααΈαα¬αααΈ) ααΌ α α% ααΌααΈ α‘α-ααα¬ TL (αα) ααΌ αα% αααααΈ α±ααα α¬α ααΌααΈ αα α¬αα¬ αααΌαΎααααΈα
α‘αα¬αα αΈαααΈαα»ααΈ α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL αα»ααΈ ααα α±ααα α¬α ααΌααΈ αα α¬ααΌ αααΈα±αα»αααΌαααΈ α‘ααΈα±αα¬ααΈα ααΌα¬ αα% αα¬ααΌαααΈα
ααα¬ α - TL αααΈαααΈαα»ααΈαα¬ααΌ ααααΈαααΈ α‘ααΈα±αα¬ααΈα αα¬α αααΈα±αα»αααΈαα¬ α±αα¬ααΈααααΈα±αα¬αΈααααΈα αΏα
α±α‘α¬ααΈααα¬
α‘α±αΎαα¬ααΈα‘αα¬ α‘α-ααα¬ TL (αααΈαα¬αααΈ )
α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL
α‘α-ααα¬ TL (αα)
αααΈα±αα»ααααΈα‘αααΈ α‘ααΈα±αα¬ααΈα
αα¬αααΈααααΈαα¬ (α±αααααα¬α α»α¬)
α ααΈαα±αα» αα±α αΏ αα
α αα»α¬α±ααααΈαααΈ α αα αα
α±ααα α¬ ααΌααΈ ααα α¬ α‘αααΈα‘αααΈ α α αα αα
αα αΈαααΈαα αΈα±αααΌ ααααα±αα» ααΏ α
ααα α¬α¦ααΈαα¬α±αα¬ααΈααααΈ α α
α‘αα¬ α
αααΈααΌ αααΈα±αα»ααααΈ α‘α±αα‘αα»ααΈ αΏ
ααΌα αΈα α₯αΈ α‘ααΈα±αα¬ααΈα αααΈααΌ αααΈα±αα» (α‘α±αααααΈα±αααα¬)
α,α α α,αΏαΏα αΏ,ααα
αααΈα±αα»ααααΈα‘αααΈ αααΈααΌαααΈα±αα»α αα¬αααΈααααΈα‘αα αΈ α±αα¬αΈααααΈ
α ααΈαα±αα» αα±α αΏ αΏα
α αα»α¬α±ααααΈαααΈ αΏα αΏα αΏα
α±ααα α¬ ααΌααΈ ααα α¬ α‘αααΈα‘αααΈ α αΏ αα
αα αΈαααΈαα αΈα±αααΌ ααααα±αα» α αΏ
ααα α¬α¦ααΈαα¬α±αα¬ααΈααααΈ α
α‘αα¬
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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α α α±αα«ααΈ
α‘ααΈα±αα¬ααΈα αα¬α ααΌα αΈα α₯αΈαααΈα±αα» (αααΈαα¬αααΈ)
αααΈααααα‘α±αα‘αα¬ (%)
α α±α‘α¬ααΈ αΏ α α
α - α αΏ α
α - α
- αΏ αΏ α
αΏ - α αΏ α
αααΌααΈ α‘αααΈ αα α α α
α α α±αα«ααΈ
α‘αααΈα‘αα αΈ - αΏα α ααΈαααΈαα¬-α±α‘α¬ααΈααα¬ α α αΈαααΈα±αα¬ααΈααα
αα α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL αααΈαααΈαα»ααΈααΌ α‘ααΈα±αα¬ααΈα αα¬αααΈ αααΈαα¬α ααΈαα±αα‘α±αα
ααααΌαα±αα±αα¬αΈαααΈ αα αΈααΌα αΈααΌααΈ α±αααα¬ ααΏαΏα αααΈ αααΈα±αα»α‘αα¬α αααΌαΎααααΈα α ααΈαα±α ααΌααΈ α±αα» αα±ααααΈ α‘αααα¬α α‘ααΈα±αα¬ααΈα αααΈα±αα» ααααΈαα αΈαΏα αα αα¬αααΈααααΈααΌαααΈα α‘α-ααα¬ TL
αααΈαααΈαα»ααΈαα¬ααΌ α‘ααΈα±αα¬ααΈα αα¬α‘αααΈ α ααΈαα±α ααΌααΈ α±αα» αα±αααΌ αααΈα±αα»αααΌαααααΈ αα¬αααΈααααΈα±α‘α¬ααΈ αααΈαα«αααΈα αααΈαααΈ TL αααΈαααΈαα»ααΈαα¬ααΌ α‘αα α‘ααΈα±αα¬ααΈα αααΈα±αα» ααααΈααΌα¬ α±ααα α¬ ααΌααΈ
ααα α¬α‘αααΈαα¬αα αΈαααΈα α±ααα α¬ ααΌααΈ ααα α¬α‘αααΈαα¬ααΌ αααΈα±αα»αααΌαααααΈ α‘α-ααα¬ TL (αααΈαα¬αααΈ) ααΌααΈ α‘α-ααα¬ TL (αα) αααα»ααΈ α% ααΌααΈ αα% α‘ααααΌαΎααα«αααΈα
αα αααΈα±αα»αααααΌαα αα αΈα ααΈαα αΈαααΈα±αΎαα¬ααΈ αααΈα±αα»αααααΈαα¬αααΈ α‘αα‘α α¬α‘αα»ααΈ αααΈαααΈ TL ααΌ
α‘ααΈα±αα¬ααΈα αα¬ αααα«αααΈαα«αααΈα α‘α-ααα¬ TL (αααΈαα¬αααΈ) ααΌααΈ α‘α-ααα¬ TL (αα) ααααΌ αα αΈααΌα αΈααΌααΈ αααΈαα¬αααΈα±αα» α αααΈ αααααΌα±αα¬ α‘ααΈα±αα¬ααΈα αα¬α αα¬αααΈααααΈααΌα¬ αα% ααΌααΈ α α%
α‘αααα αΈαΎααααΈα α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL αα»ααΈα α % αα¬ ααΌαα«αααΈα
ααΏα αααΈααΌ αααΈα±αα» ααΌααΈ α‘αα αααΈαα¬α‘α α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL αααΈαααΈαα»ααΈααΌ α‘ααΈα±αα¬ααΈα αα¬αααΈ
αα±αα» αα±α αΎααα«αααΈα αα±αα»αααΈ αΏα αααΌα αΈαα»ααΈ αα α α±αααα¬αα αΈαααΈ (ααα¬ αΏ)α α‘α-ααα¬ TL (αααΈαα¬αααΈ) ααΌ α‘ααΈα±αα¬ααΈα αα¬αααΈ αα±αα» ααα α±αααα¬ααΌαΎααα«αααΈα αααα¬αα»ααΈ α‘α-ααα¬ TL (αα) ααΌ
α‘ααΈα±αα¬ααΈα αα¬αααΈαααΈ αα±αα» αα±ααΎααα« αααΈα α‘ααα« αααΈα±αα»-α‘αα αααΈ αα»α¬αααα αααΈαααΈαααΈα‘αα»ααΈ αααΈα‘ααΈα±αα¬ααΈα αα¬αααΈ α‘α±αα» ααα¬ααΏα α±αα»ααα¬α α‘αααΈα‘ααΌααΈααααα‘α±αα ααΌαα±αααα«αααΈα
ααα¬ αΏ βTL αααΈαααΈαα»ααΈαα¬ααΌ ααααΈαααΈ α‘ααΈα±αα¬ααΈα αα¬α α‘αα αααΈαααΈαα¬ α±αα¬ααΈααααΈα±αα¬αΈααααΈα αΏα
α±α‘α¬ααΈααα¬
α‘α±αΎαα¬ααΈα‘αα¬ α‘α-ααα¬ TL (αααΈαα¬αααΈ )
α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL
α‘α-ααα¬ (αα)
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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αα αΈααΌα αΈαααΈααΌα‘αα αααΈ (α‘α±αααααΈα±αααα¬)
αΏαα α,α αΏ.α αα
αα αΈααΌα αΈαααΈααΌα α±αα» (α‘α±αααααΈα±αααα¬) ααα (αα α) (αα )
α‘αα αααΈαααΈαααα αα¬αααΈααααΈ
α‘α α¬α‘α α¬ αα% ααΏ% αα %
ααα¬α±α % αΏ% αΏ%
αααΈαα¬α±α % α% α %
α‘α‘ααΈ % % α%
α‘αααΈα‘α α¬ααΌααΈ αα αΈαααΈαααΈα‘α α% α% α%
α±αα¬αΈα±αααααΌααΈ αα»αααΈααααΈαααΈαα»αα α% α% α%
α‘αα¬ % % %
α α α±αα«ααΈ % % %
α‘αααΈα‘αα αΈ - αΏα α ααΈαααΈαα¬-α±α‘α¬ααΈααα¬ α α αΈαααΈα±αα¬ααΈααα
ααα α‘ααΈα±αα¬ααΈα αα¬α α‘αα αααΈ αααΈαααΈαααΈααααΈ α‘α α¬α‘α α¬α‘αα»ααΈ αα α»αααΈα α±αα»αααααΈα α‘α α¬α‘α α¬ α‘αα»ααΈ α‘αα αααΈαα¬αααΈααααΈα‘αα¬ααααΈ α‘α-ααα¬ TL (αααΈαα¬αααΈ) αα»ααΈαα αΈαΏα αα%
α±αα»αααααΈα α±ααααΈ TL αα αΈα±αα¬ α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈαα»ααΈ α‘α α¬α‘α α¬α‘αα»ααΈ α‘αα αααΈαααΈ ααΏ% ααΌαΏα αααααΈαα«αααΈα α±αα»αααααΈα α‘α-ααα¬ TL (αα) αα»ααΈα α‘α α¬α‘α α¬α‘αα»ααΈ
α‘αα αααΈαααΈ αα % ααΌαααΈα TL αααΈαααΈαα»ααΈα‘α¬ααα»ααΈ ααα¬α±α α‘αα αααΈαααΈ α% α±α‘α¬ααΈαα¬ααΌαΏα αααΈαα¬α±αα‘αα αααΈαααΈαααΈ % αα±αα¬αΈα±αα
α.αα α±ααααΈαααΈαα
ααα α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL αααΈαααΈαα»ααΈααΌ α‘ααΈα±αα¬ααΈα αα¬ αααΈαααΈαααΈ α±αα
αααΈααΌα‘αα»ααΈα‘α α¬αααΈ α.αΏ αααΈαα¬ααΌαααΈ (ααα¬ αΏ)α α±ααααΈαααΈαααααΈ αααΈαααΈαααΈαααΈαα»ααΈαα¬αα»ααΈ
ααα±ααααΈαααΈα α‘α-ααα¬ TL (αααΈαα¬αααΈ) αα»ααΈ αααΈααΌ α±ααααΈαααΈαααααΈ .αΏ αααΈαα¬ααΌαΏα α‘α-ααα¬ (αα) αα»ααΈα .α αααΈαα¬αα¬ ααΌαααΈα
ααα α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL αα»ααΈ α ααΈαα±αα αΏαΏ% ααα¬ αα¬αα‘αααΈ αααΌαα¬α α‘αα¬α‘α¬αααΈ α αα«α ααΈα αΎααααΈα α ααΈαα±αα α‘α ααΈα‘αααΈα‘αα¬ααα»ααΈ α‘αααΈαα¬ - αα αΈααααΈ ααΏ% ααΌααΈ αα¬αα¬αααΈ
αα % α ααΈααΎααααΈα α ααΈαα±α ααΌααΈ α±αα» αα±αα‘αα»ααΈ α±ααα¬α‘ααα±αΎαα¬ααΈ α±ααΎαα¬αααα¬α α‘α-ααα¬ TL (αααΈαα¬αααΈ) αα»ααΈ α±αα»ααα±αα¬αΈαααΈ αααΈαααΈα±ααα¬αααΈ α‘α±αα¬ααΈα‘α‘αα¬ ααααΈα α»α¬
α±αα¬ααΈαααΈαα¬αααΈ α§ααα¬αα»ααΈ αααΈααΌ α±αα¬α±αΎαα¬ααΈ αααΈαα α±ααΎαα¬αααΈ α ααΈαα±ααααΈ αΏαααα§ααα¬αααΈααα»ααΈ ααΌαααΈα ααααααΈα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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ααα¬ αΏ - ααααΈααα±αα¬ α‘ααΈα±αα¬ααΈα αα¬α‘αΎαα¬ α±ααααΈαααΈαα α‘αα»ααΈα‘α α¬ ααΌααΈ α‘αααααααΈαα¬ α±αα¬ααΈααααΈα±αα¬αΈααααΈα αΏα α±α‘α¬ααΈααα¬
α‘α±αΎαα¬ααΈα‘αα¬ α‘α-ααα¬ TL
(αααΈαα¬αααΈ )
α±αα¬αΈααΏαααΈ-α±α-
αα¬αααΈ TL
α‘α-ααα¬ (αα)
αααΈαααΈα±αα¬α±αα αααΈααΌα‘αααΈα‘αααΈ (αααΈαα¬)
.αΏ α.αΏ .α
αααΈαααΈα±αα¬α±αα‘ααααα‘αααΈ αα¬αααΈααααΈαααΈ α±αα¬αΈααααΈ
αα¬ααααΌ αα αΏαΏ
α₯αα¬α₯αΈαΏα α ααΏ
αα¬αα¬α ααΈαααΈ αα
αα±α α α
α αα»α¬α±ααααΈαααΈα
α‘αα¬
α α α±αα«ααΈ
α‘αααΈα‘αα αΈ - αΏα α ααΈαααΈαα¬-α±α‘α¬ααΈααα¬ α α αΈαααΈα±αα¬ααΈααα
ααα ααααΈααα±αα¬ α‘ααΈα±αα¬ααΈα α‘αα¬α αα»ααΈ LUC ααΌαΎααααΈ (ααα¬ αΏαΏ)α LUC αααΈαααΈα αα¬αααΈααααΈ
α‘αα¬αααΌαααΈ TL αααΈ α‘α-ααα¬ TL (αααΈαα¬αααΈ) αα αΈαΏα LUC αααΈαααΈαα % ααΌαααΈα α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈαα»ααΈ LUC αααΈαααΈα α α% αα¬ααΌαααΈα α‘α-ααα¬ (αα) αα»ααΈα α% ααΌαααΈα LUC
αααΌααα¬αααΈ αααΈααα α±ααα¬αα¬α‘α¬ α‘αα α‘αα»ααΈαααα¬αααΈαα αΈαααΈα
ααα¬αΏαΏ β αααΈααΈααα±αα¬ α‘ααΈα±αα¬ααΈα αα¬α α±ααα¬αααΈαααΈααα‘αα‘α α¬α αΏα α±α‘α¬ααΈααα¬
α±ααααΈαααΈαα α‘αα‘α α¬ α‘α-ααα¬ TL (αααΈαα¬αααΈ )
α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL
α‘α-ααα¬ (αα)
LUC % α α% α%
α‘αα»ααΈαααα¬αααΈ α% %
α α α±αα«ααΈ % %
α‘αααΈα‘αα αΈ - αΏα α ααΈαααΈαα¬-α±α‘α¬ααΈααα¬ α α αΈαααΈα±αα¬ααΈααα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
Page38
α.α α α ααΈαα±αα» αα±ααααΈα±αα¬ααΈαααα¬
ααα αα¬αα‘αααΈαααΌαα¬ α ααΈααΎααααΈ α‘ααΈα±αα¬ααΈα αα¬αααΈ αααΈαααΈαα¬ααα»ααΈ α‘αα
α ααΈααΎααα«αααΈα αααΈαα α ααΈααααΈ α‘ααΈα±αα¬ααΈα αααΈ α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL αααΈαααΈαα»ααΈαα»ααΈ αΏ% αα¬ ααΌαα«αααΈ (ααα¬ αΏα)α α‘α-ααα¬ TL (αααΈαα¬αααΈ) ααΌ α‘ααα±αα¬ α‘ααΈα±αα¬ααΈα αα¬α
α ααΈαα±ααα¬αααΈ αΏαααααΈααα»ααΈααΌαΏα α% αααΈ αα¬αα‘αααΈ αααΌα ααΈααΎααα«αααΈα α‘ααα« αα¬αα‘αααΈα ααΈααΎαααα¬αααΈ ααα¬ααα»ααΈ α ααΈααΎααΏα α‘αα α‘αααΈαααΈαααΈααααΈαα¬ α±αα»αα¬ααα»ααΈ
α ααΈααΎααα«αααΈα
αα α α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL αα»ααΈ α‘αα α ααΈααααΈ αα¬αα‘αααΈαααΌααΌα¬ α αα«αα αΈαααΈα α‘α-ααα¬ TL (αααΈαα¬αααΈ) ααΌ αα αΈαααΈα ααΈαααα¬αααΈ αΏαααααΈααΌ αααΈααα α ααΈαααΈαα¬αα»ααΈ
αα¬αα¬αα αΈααααΈααα¬ α ααΈααΎααααΈα α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL αα»ααΈ αα% αααΈ αα¬αα¬αααΈαα¬ α ααΈααΎααααΈα αααααΈαα¬αα¬αααΈ αα¬αααΈααααΈαααΈ ααααΈαα¬ α ααΈααΎααααΈα
ααα¬ αΏα - TL αααΈαααΈαα»ααΈαα¬ααΌ ααααΈααα±αα¬ α‘ααΈα±αα¬ααΈα αα¬α αααΌα ααΈααα αα αα¬α αΏα
α±α‘α¬ααΈααα¬
α‘α±αΎαα¬ααΈα‘αα¬ α‘α-ααα¬ TL (αααΈαα¬αααΈ )
α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL
α‘α-ααα¬ (αα)
αα¬αα‘αααΈαααΌαα¬ α ααΈααΎααααΈ
α‘ααΈα±αα¬ααΈα αα¬αααΈααααΈ
ααα¬α α% αΏ%
α±αα»αα¬α α%
ααα¬α αααΌαα¬ α ααΈααααΈ α‘ααΈα±αα¬ααΈα αα¬αααΈααααΈ (α±αααα
α‘αα¬α‘αα¬)
α αα« αΏα% %
αα‘αα αΏα%
α±αα αΏα%
ααΌααΈ αΏα%
α±αα»αα¬α αααΌαα¬ α ααΈααααΈ α‘ααΈα±αα¬ααΈα αα¬αααΈααααΈ (α±αααα α‘αα¬α‘αα¬)
α αα« α%
ααΌααΈ αΏα%
α‘αα¬ αΏα%
α ααΈααααΈ α‘αααΈα‘αα‘α α¬α‘αααΈ α‘ααΈα±αα¬ααΈα αα¬ααΈααΈααααΈ (α±αααα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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α‘αα¬α‘αα¬)
αα¬αα¬αααΈ % αα%
αα αΈααααΈαα¬ αα%
α‘αααΈα‘αα αΈ - αΏα α ααΈαααΈαα¬-α±α‘α¬ααΈααα¬ α α αΈαααΈα±αα¬ααΈααα
α.αα α±α ααΌααΈ ααα¬α αα αΈ
ααα α±αααΌααΈααα¬α αα αΈ α‘αααΈα‘αααΈαααΈ αα±αααα‘αααΈα‘αααΈα α‘αα»ααΈαααΈαα αΈααα αΈαααΈα
α‘ααΈα±αα¬ααΈα αα¬α α±αααΌααΈααα¬α αα αΈα‘α±αα‘α±αα αααΈααα α±αααΌααΈ α‘ααΈαα¬α‘α±αα¬ααΈα‘α‘αα¬αα»ααΈ α±αα»ααααΈαααΈα α±αα¬ααΈαα±αααΌααΈ α ααΈαα₯αΈα αΏααα-α±ααααΈ αα»α¬ααααΈα αααΈαα±αα»ααααΈααααΈα
αΏαααα‘ααΈα±αα¬ααΈα αα¬α αααααΈαα¬αααΈ αα¬αααΈααααΈαααΈ ααααΈα±α ααααααΈ αααΈαα»ααΈαααΈαα¬αααΈ α±αα α‘αααααΈαΎααααΈα α‘α-ααα¬ TL (αααΈαα¬αααΈ) αα»ααΈ α% ααΌααΈ α‘α-ααα¬ TL (αα) αα»ααΈ αα%
αα αΈαααΈ (ααα¬ αΏα)α α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL αααΈαααΈαα»ααΈαα»ααΈα α‘αα¬α α‘αααααΈαααΈ α‘ααΈα±αα¬ααΈα αααΈ α% αα¬ ααΌαααΈα α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL αααΈαααΈαα»ααΈααΌ α‘ααΈα±αα¬ααΈα αα% αααΈααααΈ
αα»ααΈα±αα ααΌαα‘α¬αα¬α±αααααΈα α‘ααΈαα¬α‘α±αα¬ααΈα‘α‘αα¬α‘αα»ααΈα TL αααΈαααΈαα»ααΈαα¬α‘α¬ααα»ααΈ α±ααα‘ααΈαα¬α α‘α¬α ααααααΈ α‘α¬αααα« αααΈαααΈαααΈααααΈα α‘αααΎααααΈα
ααα¬ αΏα β TL αααΈαααΈαα»ααΈαα¬ααΌ ααααΈααα±αα¬α‘ααΈα±αα¬ααΈα αα¬α α±αααΌααΈ ααα¬αααΈαα¬ α‘α±αα¬ααΈα‘α‘α‘αα‘α α¬αα¬α αΏα α±α‘α¬ααΈααα¬
α‘α±αΎαα¬ααΈα‘αα¬ α‘α-ααα¬ TL (αααΈαα¬αααΈ )
α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL
α‘α-ααα¬ (αα)
α±αα‘αααΈα‘αα αΈ
ααααΈ/αααΈ α% α% αα%
α‘αα αα»ααΈ αΏα% α% α %
α±ααα»ααΈ αα%
α ααΈα±αα¬ααΈ/α±αα‘ααΈ α% α% αα %
α α α±αα«ααΈ % % %
α‘ααΈαα¬
αααΈαα¬α±αααΌααΈ ααα»ααΈα±αα¬ α‘ααΈαα¬
αα% % αα%
α‘αα¬ % α%
α α α±αα«ααΈ % % %
α‘αααΈα‘αα αΈ - αΏα α ααΈαααΈαα¬-α±α‘α¬ααΈααα¬ α α αΈαααΈα±αα¬ααΈααα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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α.α ααααΈαα»ααΈαα ααΌααΈ α‘ααααααΈα±ααααΈαα¬ αα»αααΈα ααΈαα¬α±ααα¬αααΈ
αα ααααΈαα»ααΈαααΈα αααΈααΌααΈα±αα¬ α‘ααΈα±αα¬ααΈα αα¬αα»ααΈ α‘αααα₯α±αα¬ααΈα±αα¬ α‘ααΈα±αα¬ααΈα αα¬
ααααααΈ ααααΈα α»ααΈααα«αααΈα±αα¬ α‘ααΈα±αα¬ααΈα αα¬ ααααααΈ αα αΈαααΈαααΈ αααΈα±αα» α‘α±αααααΈα±αααα¬ αΏ α±αααα¬α±α‘α¬ααΈ αααΌα±αα¬ α‘ααΈα±αα¬ααΈα αα¬αα«αααΈαααΈα TL αααΈαααΈαα»ααΈαα¬αα»ααΈ α‘αααα₯α±αα¬ααΈα±αα¬
α‘ααΈα±αα¬ααΈα αα¬αααΈααααΈ αααΈαα¬αααΈα α±αα¬αΈααΏαααΈ -α±α-αα¬αααΈ TL αα»ααΈ α‘αααα₯α±αα¬ααΈα±αα¬ α‘ααΈα±αα¬ααΈα α% ααΌαααΈ (ααα¬ αΏα)α α‘α-ααα¬ TL (αααΈαα¬αααΈ) ααΌααΈ α‘α-ααα¬ TL (αα) αααα»ααΈ
αΏα% ααΌααΈ αΏα % α‘αααα αΈαΎααααΈα α‘αααα₯α±αα¬ααΈαααΈ α‘ααΈα±αα¬ααΈα αα¬αααΈααααΈ α‘α±αα¬αΈα‘αααΈ αα¬αα¬α±ααααααΈ αα¬-α α‘αα‘α α¬αα»ααΈ α‘ααα αααα¬αα¬α±αα±αα¬ α‘αααΈααΌααΈ αααΈααα«αααΈα
αα ααααΈα α»ααΈααα«αααΈα±αα¬ α‘ααΈα±αα¬ααΈα αα¬αααΈααααΈαααΈ αααΈαααΈ TL αααΈαααΈαα»ααΈαα¬αα»ααΈ α‘αα¬ααα αΈαΏα
α% α α‘ααααΌαααΈα α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL αααΈαααΈαα»ααΈαα»ααΈ ααααΈα α»ααΈααα«αααΈα±αα¬ α‘ααΈα±αα¬ααΈα αΏ% ααΌαααΈα α‘α-ααα¬ TL (αα) αα»ααΈ αα αΈαααΈαααΈ αααΈα±αα» α‘α±αααααΈα±αααα¬ αΏ α±αααα¬α±α‘α¬ααΈαααΈ
α±ααααΈα±ααΎαα±αα¬ α‘ααΈα±αα¬ααΈα αα¬αααΈααααΈ α‘αα¬ααα αΈαΏα αΏ% ααΌαααΈα α‘αα¬α±αα¬ TL αααΈαααΈαα»ααΈ αΏ α αα»ααΈα α‘αα»ααΈαα»ααΈαα«αααΈα αααΈααΌααΈαααΈ α‘ααΈα±αα¬ααΈα αα¬αααΈααααΈ αααααΈαα«αααΈα
ααα¬αΏα β TL αααΈαααΈαα»ααΈαα¬ααΌ ααααΈαα»ααΈααα‘αα‘α α¬α‘αααΈ ααααΈααα±αα¬α‘ααΈα±αα¬ααΈα αα¬α αα¬αααΈααααΈα αΏα α±α‘α¬ααΈααα¬
α‘α±αΎαα¬ααΈα‘αα¬ α‘α-ααα¬ TL (αααΈαα¬αααΈ )
α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL
α‘α-ααα¬ (αα)
α‘αααα₯α±αα¬ααΈ αΏα% α% αΏα %
ααααΈα α»ααΈααα«αααΈ α αΏ α
αα αΈαααΈαααΈ αΏ α±αααα¬α±α‘α¬ααΈαα¬ αααΈα±αα»ααΌ
αΏ α αΏ
ααΏα α‘ααα« α‘ααΈα±αα¬ααΈα αα¬α‘αα»ααΈ ααααΈαα»ααΈαα α‘α±αΎαα¬ααΈα‘αααΈαααΈ αα¬α ααααααΈ α‘αΏααααΈ
α±ααα¬αααΈαααΈαα¬αα»ααΈ αααΌαα¬αααααα±αΎαα¬ααΈ αα αΈα±αα¬ααΈαα αΈαααΈαααΈα α ααααΈααΌ α±αα‘ααΈαααΈαααΈ α‘αααΈα‘αα«α‘αααΈ α±ααα α¬α‘αααΈααΌ αααΈα±αα»αααΌαααΈα±αα¬ α‘ααα¬αααΌαααΈ α‘ααα α₯α±αα¬ααΈα±αα¬
α‘ααΈα±αα¬ααΈα αα¬αααΈ αααααα αααα α¬ααααΈαα αΈαααΈα αααααα±αΎαα¬ααΈ ααααΈα α»ααΈααα«αααΈα±αα¬ α‘ααΈα±αα¬ααΈα αα¬α αααΈαααΈαααΈα α»ααΈα α±αα¬αα±α αααΈαα αΈαααΈα α‘αααΈα α‘ααα« α‘ααΈα±αα¬ααΈα αα¬αααΈ
α‘αα»ααΈαα»ααΈαα«αααΈ α‘ααΈα±αα¬ααΈα αα¬αα»ααΈ αα«αααΈαα«α αααααΈα±αα¬ααΈααα αααΈααα α¬ααααΈαα αΈαααΈα α±ααααΈαααΈαα α‘αααΈαααΈααΌαααΈ α‘αα»ααΈαα»ααΈαα«α±αα¬ α‘ααΈα±αα¬ααΈα αα¬αααΈ α ααΈαα±αα» αα±αα ααΌαα±αααα«α
αααΈα±αα»αα ααααΈααααααΈαα«αααΈα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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αα TL α αΎαα€ααΈα‘αα»ααΈααΌ αααΈαααΈαα¬α‘ααΈα αα¬
α.α αααΈαααΈαα¬α‘ααΈα αα¬α‘αα»ααΈ ααααΈαααααΈα α αΈαααΈα αααΈαα»ααΈαααΈ
ααα SPS α‘α αα¬α±ααααΈαααΈαα¬αα¬αααΈ () α‘α α₯αΈα‘αα¬αα₯αΈα±αααα‘α αα±αα¬αΈα±αα¬ αααα±α ααΌααΈ α αα»α¬α±ααααΈαα¬ α‘αα±αααα¬αααΌαααΈ (αΏ) α ααααΈα±αΎαα¬ααΈ αααα¬ αα α¬ααααΈαααΌα±α αααΈ (α)
αααΈααα‘α±αα αααΈα±αα¬ααΈααααΌα±αα¬ α ααααΈαα¬αα»ααΈ αααΈαα»α α»α¬αα«αααΈαααΈα±αα¬ααΈαα»ααΈ αααΌαααΈ αα‘ααΈαααΈα αααΈαα‘ααΈαααΈα‘α α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL αα«ααΈα‘α¬αααΈαα¬ αααΈαααΈαα»α¬αααΈ α±ααα»α¬αα¬α‘αα»ααΈα
α±ααααΈαΎααΏα ααα¬αα‘αααΈα‘αα αΈαα¬α α‘ααΌαα±αααααΈ α‘αααααΈαααΈαα¬ααα αα αΈα±αα¬
αα»ααΈαααα¬αααΌ α‘αααΈα‘αααΈαα¬ α±αα¬ααΈαααΎααα«αααΈα
α.αΏα α‘αααΈα‘αααΈα±αα¬ααΈααααΈ αααΈα αα αΈ
ααα αα»ααΈαααΈαααΈαα¬α‘ααΈα ααΌααΈ αααΈαααΈαααΈ α‘αααΈα‘αααΈαα¬α αααααΈαα αΈααΌααΈ ααααΈααααΈαα αΈαα¬ααΌ αααααΈα αααααΈαα αΈααΌα¬ αΏα αααΌα αΈ α ααΈαααΈαα¬α αΏ ααΌααΈ α±α‘α¬ααΈααα¬α αΏ α‘αΎαα¬
α‘ααΈα±αα¬ααΈα α α αΈαααΈα±αα¬ααΈααα ααΌααΈ α‘αα¬αααΈαααΌααΈ αααΈαααΈα±αα» α±αα» αα»αα¬ αα αΈαααΈα ααααΈααααΌα±αα¬α‘αααΈα‘αααΈαα¬α ααααΈαααααΈαα±αα¬ α±ααα¬αααα¬α α‘α α α α¬αα»ααΈα α¬αααΈαα¬ααΌααΈ
ADB α‘α αααΈαα α¬αα¬ααΌ ααααααΈα
α.αα TL α αΎαα€α‘αα»ααΈααΌ αααΈαααΈαα¬α‘ααΈα αα¬α ααα±αα ααΌααΈ αα₯αΈα±ααααα
ααα α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL αααΈαααΈαα»ααΈαααΈ α α αΈαααΈα±αα¬ααΈααα¬αα»ααΈ αααΈαααΈαα¬α‘ααΈα αα αΈα αα«αααΈαααΈ αα αΈααααΈα±αα¬ αααΈαααΈαα»ααΈαα αΈαα«αααΈα α‘αα α‘ααΈα αααΈ αα»ααΈαααΈαααΈαα¬αα¬αα αΈαΎααΏα
α‘ααΈα±αα¬ααΈα αα¬α ααΏ% αα«αααΈαα« αααΈ (ααα¬ αΏα)α ααααΈα‘α α‘ααα±αα¬ αα¬ααα¬αα»ααΈ αα»ααΈααααα αααΈα±αα±αααααΈ αααΈαα±αα¬αΈ αααΈααααΈαα¬ αααΈαααΈ α±αα¬αΈαα»ααΈαα±αα¬αΈαααΈ αα»ααΈαααΈαααΈαααΈ αααΈααα
α‘α α₯αΈα‘αα¬ αααΈα±αα±αααα αΈαααΈα αα»ααΈαααΈαααΈαα¬αα¬αααΈ αααΈαα¬αααΈαααΌ αααΈαααΈαα¬α‘ααΈα αα¬α α»α¬αα»ααΈ α‘αα«α‘αααΈαα αΈαααΈα α‘α αα‘α±ααααΈ αααΈαααΈαα¬α‘ααΈα αα α ααΌαααΈα αα αΈαα«α αααα±αα¬αΈαααΈ
αααΈα‘αα»ααΈ α‘αααΈα‘αααΈ ααααααΈ αααΈαααΈαα¬α‘ααΈα α‘αααΈα α¬αααΈαααααΈ α‘α±αα¬ααΈα‘αα¬αααΌα±αα5 αααα¬αα»ααΈ αααΈαα¬αααΈααα»ααΈ α‘ααααα‘ααΈα αα α α ααΌαΏα ααα¬αααααΈ α‘αα¬α αα αΈαα¬ αα₯α±αα αα %
ααΌαααΈα α±αααα‘α¬αααΈ αααΈααα¬αΎααααΈα6 ααααΈα α‘ααΈα α ααα»ααΈ αα»ααΈα ααααΈα ααΌααΈα αααΈα ααααΈ ααΌααΈ ααααΈααα αα«αααΈαΎααααΈα α‘ααΈα αα»αα¬ ααΌααΈ ααα±ααααΈαααΈ α‘ααΈα α‘αα¬α‘αα¬αααΈ ααΌαα«αααΈα α‘αα¬ TL
αααΈαααΈαα»ααΈ αα¬αα»ααΈ α α αΈαααΈα±αα¬ααΈαααααΈ α‘ααΈα±αα¬ααΈα % ααΌα¬ ααα¬αααα¬αα αΈαΎααααΈα
ααα α‘α ααααΈαααΈαα¬α α»α¬αααΈ ααα¬αααα¬αα αΈαΎααΏα αααΈαααααΈ αααΈαα¬αααΈααα»ααΈ αΎααα¬ααααΈααααΈ α‘ααΈα α‘αα αΈ αααα¬αΎααα«αααΈα αααΈααα αα¬αα¬α αα¬αααΈ αααΈα-ααααΈαααΈ αα¬αα¬α αα¬α‘α±ααααΌαΏα
5 Smith. M. αααα αααΈαα¬αααΈαααΌ αααΈαααΈαα¬ααα αα¬ - αα»ααΏαα±αα αααα±αα ααΌααΈ ααα‘αα»ααΈα‘α±ααα¬α αααΈαααΈ - Anti-Slavery International 6 α±αααα±αα¬ααΈαα»α¬αα¬α±ααααΈαααΈαααΈαα¬ αααΈαααα¬α‘αα»αα‘α ααΈα αΏαα αααΈαα¬αααΈαα αα₯αΈα±ααααααΈαα¬ α α α αΈα±ααα¬αααΈ - α±αααα±αα¬ααΈαααΈαα¬αα¬α‘αα»ααΈ αααα¬αα αΈαα αααΈα±αα¬ααΈ ααΌααΈ http://www.oxfordburmaalliance.org/ethnic-groups.html
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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α‘α±ααΌαα‘α¬ααΌ ααΌααΈ α‘αα΅α αααα ααααΈααααα¬ααΌαα«αααΈα7 αααΈαααααΈ α‘α α₯αΈα‘αα¬α‘α
α§αα¬αααα αΈααΌααΈα±αααα»ααΈ α‘α±ααα±ααααΈααΎααααΈα αααΈααα αα₯αΈα±αααααααα¬αααΈ α±αααα«α αααΆαα¬αα¬ ααΌααΈ αααΈαα αααα¬αα¬α αα¬αα αΈα±αα¬ αααΈαα¬αα¬αα¬α αα¬ααα ααααΈααα αα¬α α»α¬ααΌαα«αααΈα
ααα¬ αΏα - TL α α αααΈαααΈαα»α¬αααΈ α±ααα»α¬αα¬ααΌ αααΈαααΈαα¬α‘ααΈα αα¬ - αΏα α±α‘α¬ααΈααα¬α
αααΈαααΈαα¬α‘ααΈα αα¬ α‘α-ααα¬ TL
αααΈαα¬αααΈ
α±αα¬αΈααΏαααΈ-α±α-
αα¬αααΈ TL
α‘α-ααα¬ (αα)
ααα¬ % αα % %
αα»ααΈ ααΏ%
α α α±αα«ααΈ % % %
α‘αααΈα‘αα αΈ - αΏα α ααΈαααΈαα¬-α±α‘α¬ααΈααα¬ α α αΈαααΈα±αα¬ααΈααα
ααα αα»ααΈαααα¬αααΈ αααΈαα¬αααΈααα»ααΈ α‘α±α α¬α α‘α±ααα±ααααΈααΎαααα¬ αα αΈαααΈα αααΎααααΈα
αααΈααα αα¬αα¬α αα¬αααΈ αΎαα ααα±α‘ααΌα¬αα αΈ α‘α±ααααΌαααΈα αα»ααΈαααααααΈ α±αααα«ααααΆαα¬αα¬α α‘ααΈααααΈαα¬αα½α»ααΈαα»ααΈ α‘αα»ααΈ αααΈααα»α¬α±α ααΏα αααΈαα¬α‘αααα¬αα¬α‘αα«α‘αααΈ αααΈαα¬αα₯αΈα±αααα‘αα»ααΈαα
α‘αα α‘α ααΈα‘αααΈαα¬ α‘α±αα¬ααΈα‘αα±α ααααΈα ααα¬αααα¬ααΌααΈ α‘αααΈαα¬αα αααΎαα¬αααΎαα¬ ααααααα¬ ααΌααΈ αα₯α±ααααΈαα¬ ααααΈααΌα¬αααα¬ ααΌαα±αα¬αΈαααΈ αα¬α ααΌα αΈα α‘αααΈα‘ααΌααΈαα±αα»ααααΈαααΈαααα
α‘αααα» αα αΈαα«ααααΈα±α‘α¬ααΈααα αΈαααα ααΌααΈ αα»ααΈαααΈα±αα‘αα»ααΈ α‘α αααα«α αα¬α±αΎαα¬ααΈ αααΈααα αα₯αΈα±ααααα¬α‘αΎαα¬ α±αα«ααΈα ααΈααα‘α¬α±αα¬ααΈαα¬ααααΈα8 α‘α±ααα‘α¬αααΈ αα»ααΈ ααΌααΈ ααα¬αααα¬αααΈ
αααΈα αα«α ααΈαααα¬αα αΈαΎααααΈα αααΈαααααΈαα±α αα¬α αα»ααΈαααααααΈ αααΈααα αα¬αα¬α αα¬ ααΌααΈ αααΈαααΈαα¬ αα±ααααααα¬α αααΈαααΈαααΈαααΈαα¬ααα αΈαα«αααΈα
α.αα αααΈαααΈαα¬α‘ααΈα αα¬ ααΌααΈ αα»ααΏαα±αα±αα¬ααΈαα»ααΈαααΈαα¬α‘α±αα TL αα¬α
αααΈα±αα¬ααΈαα
αα α α‘αααΈα α ααααΈαα αΈααααΈ αααΈαααΈαα αΈα±α α αα»ααΈαααΈααα αΈα±α αααΈαααΈαα¬ααααΈα αα¬α αααα¬ααΌα α»α¬ α±ααααΈαααΈααα ααα‘αα»ααΈα‘α±αα α‘αααΈα±αα» αααΈα±αα¬ααΈαααα¬ ααααααΈ αα₯αΈα±ααααα¬α
ααααΈααααΈ ααααααΈ αααΈαααααΈαααΈα α‘ααα αααΈαααΈααΌ ααααααΈ αααΈαα αα±ααα¬ αααΈαααΈααααΈα ααΎαα±αα¬ αααΈααααΈαα¬α ααα¬αααΌααΈ αα₯αΈα±ααααααΈαα¬ α‘αααΈα‘αα αΈαα¬α ααααΈααααΈ ADB α
αα¬α±ααααΈαααΈαα¬αα¬αααΈαα¬ αα¬αα»ααΈα±α α¬ααΈα±ααΌα¬ααΈαααα¬αααΈ α αααΈα‘αααΈαααΈ αααΈα±αα¬ααΈααα«αααΈα9 α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL αααΈ αα»ααΈααα‘ααΈα±αα¬ααΈα αα¬ α‘αααααΈ α±ααα¬ αα¬α‘α±αα
7https://www.researchgate.net/publication/259954928 α‘α±ααΌαα±αα¬ααΈα‘α¬ααΌααΌ α‘ααα α¬ αααΈααα»ααΈαααα¬ DNA α α α αΈα±ααα¬αααΈααΌ αααΈαα¬αααΈαααΌ ααα αα¬α α»α¬αα«αααΈαααΈ ααα‘αα»ααΈααΌ αα₯αΈα±ααα αα»αα¬αααΈα αααΈααα αΈα α₯αΈ αααΈα±αα¬ααΈαααα¬α α±αα»αααΌα 8αααΈαααΈα αΏαα Mon Culture: Dying or Reviving? α§αα¬αα ααααΈαα¬α - α ααΈαααΈαα¬α 9 α‘α¬ααΌαα»ααΏαα±ααααΈα αΏα αα¬αα»ααΈα±α α¬ααΈα±ααΌα¬ααΈαααααΈαα¬ααα«ααααΈαααΈα±αΎααα¬αααΈα α±αα¬ααΈαααΈαα» α α‘αααΈ αα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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αααΈαααΈααααΈαααΈαα αΈαΏα αααΈααα α‘αααΈα±αα» αααΈα±αα¬ααΈααα ααααΈαααΈαα αΈαααΈα αααα¬αα»ααΈ α‘ααα« TL
αααΈ αααΈααα αααα¬ααΌα α»α¬ α±ααααΈαααΈααα ααα‘αα»ααΈα‘α±α ααΌααΈ αα₯αΈα±ααααα¬α ααααΈα±α αααΈααααΈ (ααααααΈ) α‘αααΈα αααΈαααα»ααΈ ααααΈαα»ααΈαα αα αΈα αα αΈαα¬ααΌαα«α αααΈα ααααα»α¬α±α αααΈααααΈα±αα
ααααΈαααΈ α‘ααΈα±αα¬ααΈα αα¬α‘αααΈ αααΈαααΈ αααΈαααΈαα¬α‘ααΈα±αα¬ααΈα αααααΌ α α αΈαααΈα±αα¬ααΈααα ααααααΈ α±αα» α±αα» αααΈαααΈαααα¬α‘αα»ααΈ αααΈαααΈαα¬ αααα αΈαααΈαααΈα ααΌααΈ αααΈαααΈαααΈ ααααΈαα»ααΈαα
αα αΈα αα αΈαα¬α α±αα¬αΎαα¬ααααΈαααΌα±αα ααα±αΎαα¬ααΈ α‘ααα±αα¬ ααααΈααα¬αααΈ αααΈαααΈαα¬α‘ααΈα αααΈαα¬ αα αΈαΎαα±αα¬αΈαααΈ ADB α αα¬α±ααααΈαααΈαα¬αα¬αααΈαα¬ αα¬αα»ααΈ α±α α¬ααΈα±ααΌα¬ααΈαα α‘αααΈαααΈαααΈ ααααΈα±αα
ααα αα«ααΈα‘α¬ααααααΈα±ααααΈ α±ααα¬αααΈααΌαα¬ααΌααα‘α±αα αααΈαααΈααααΈα±αα‘αα»ααΈ α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL αααΈαααΈαα»ααΈααΌ α±ααα»α¬α±αα«ααΈα±αα¬ααΈαα¬ααΌααΈ α‘ααΈαα¬ααα¬ ααΌααΈ α±αα» α±αα» αααΈαααΈαα» α ααααΈαα
αααΈα±αα¬ααΈααΎαα α₯αΈα‘αα»ααΈ TL αααΈ αααΈααα‘αα»ααΈ αααα±αα αα₯αΈα±ααα ααααααΈ ααα»ααΈααΎαααΈααα‘α α‘α±ααα«αααΈ αααΈαααΈα±ααα¬αααΌ αααΈαααΈ αα»α¬αααΈααααΈα±αΎαα¬ααΈ α‘αααΈαααααΈα TL αααΈα±αα¬ααΈαααΈα
αααΈαααΈαααΈα±αα¬ααΈαααΈααααΌααΈ αααΈα ααΈα±ααααΈ αααΈα±αα¬ααΈαααα¬αααΈαααΈ αααΈαααΈ ααα¬α ααΎαααΈαα ααΌααΈ ααααΈα α₯αΈαα¬ α‘αα‘ααα¬αααΌ αα±αα¬ααΈαααΈαααΌα±αΎαα¬ααΈ α‘αααΈαααα«αααΈα αααΈαααΈα±αα» α±αα» αα»αα¬α
α‘ααα‘αααΈα‘αααΈα±ααααΈα±αα¬ααα¬ααΌααΈ α‘ααΈαα¬ααα¬ ααΌααΈ α‘ααΈα±αα¬ααΈα α α αΈαααΈα±αα¬ααΈααααα¬αα»ααΈ ααααΌααΈαααΈαααΈα±αα¬ αααΈαααΈααααΈαα»ααΈααα ααααααΈ α ααααΈα±αΎαα¬ααΈ ααααα»α¬ αα»α¬αααΈα±αα¬
αααΈαααΈααααΈαα»ααΈααααααΌ αα±αα»αααΌαααα«α α‘ααΈαααΈααα¬αααΈαααΈαα¬ α‘α±αα ααΈαα αα¬α α±ααα»αΏαα±αα¬ α‘αα«αα»ααΈ α‘ααα« α‘αααΈαααα αααΈαα α αΈα±αα‘αααΈααααΈαα αΈαα«αααΈα αααΈαααΈαα¬α‘ααΈα αα¬α‘α±αα
α‘αααααΈ αααΈααα αα₯αΈα±αααα αααα±α ααΌααΈ ααα»ααΈααΎαααΈαααααΈαα¬ α‘α±αα‘ααα¬α‘α±αα αααααΈα±αα¬ααΈαααα αΈα αα αΈαα¬ααΌαααΌα α±αααα α‘ααΈαααΈα±αα₯α αα¬αα α±αα¬ααΈαα±αααααΈαα αΈα±αΎαα¬ααΈ
αααΈααα»ααΈααα¬α±αα¬ REGDP αα»ααΈα±αα¬αΈααα¬αααΈα α‘ααα« α±αα¬ααΈααααΈα α±ααα‘αα»ααΈααΌ αααΈαααΈαα¬α‘ααΈα α α‘αα‘ααΌααΈααα¬α±αα¬ αααΈα α¬ααΌααΈααΌααΈ αααΈαααΈαα¬ αααΈαα±αα¬αΈαα¬ααα αΈαα
αααΈααααΈαα±ααα±αααααΈαα αΈαααΈα
αα α‘αααα¬αααΈ TL αααΈαα¬αααΈ αα»ααΈαααΈαααΈααΌ ααΌααΈα α αΈαα«ααΈα‘α¬αααΌααα ααααΈα±α αααΈα α±ααΌα¬αΈααΌααΈαα¬αααΈα αα«ααΈα‘α¬αα»ααΈαααΈα‘αα»ααΈ αα»ααΈα‘ααΈα±αα¬ααΈα αα¬ ααα±αα¬ααΈααΌαα¬α±α αααΈαααΈ TL αααΈ
αα»ααΏαα±αα ααααΈαα¬αα»ααΈ ααα αα±αα¬ααΈ α±αα¬ααΈαα»ααΈα±αα¬ αα±αα«ααΈαα«αααΈα±αα¬ααΈαα»ααΈαα αααΌα±α α±α αα‘ααΈαααΈα α±αα¬αΈα±αα¬ααΈαααΈαα αΈαααΈα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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αα α‘αααΈα‘αααΈαα¬ αααΈαααΈα±αΎααα¬αα ααΌααΈ α‘αα¬αααΈαααΌααΈ αααΈαααΈα±αα» α±αα» αααΈαα¬
α.α α‘αα¬αααΈααα«αααΈα±αα¬ααΈαα»ααΈαααΈαααΈαα¬ αααΈα±αα¬ααΈαααα¬ααααΈαα»ααΈαααΈ
αα ααααΈα‘αααΈα‘αααΈαα¬αααΈαααααΈααΌααΈ αααΈαααΈα±αα» α±αα» αααΈαααΈα±αα¬ααΈαααα¬α α±α‘α¬ααΈαα«αααΈαα»ααΈαααΈαα¬αααΈ αααΈα±αα¬ααΈαααΈ () α ααααΈαααΈαα¬ αααΌαααΈα±αα¬ α‘αααΈα‘αααΈαα¬α
ααααΈααα±αα¬ αααααΈαα¬ααΌααΈ ααΌα±ααααΈ (αΏ) α‘αααα¬α±αα¬ αααΈα±αα¬ααΈαααΈαα¬α‘α±αα αααΈααα ααα₯αααΈααααΈαααΈαα¬ αααααΈ (α) α ααααΈαααααΈαααΈαααΈαααα¬αα»ααΈ ααααΈααα±αα¬ααα¬ααΌααΈ
ααα‘αα»αα‘α ααΈαα¬α αα«αααΈα±α αααΈ (α) αααΈαααΈα±ααα¬ααα¬α±ααααΈαα¬ ααααΈαααα¬α αααΈαα¬α±αα¬αα«α±α αααΈ α±αα¬ααΈαα»ααΈαααα¬α α±αα¬αΈα±αΎαα±ααααα¬ααΌααΈ αααΈαααΈα±αα¬ αααΈα±αα¬ααΈαααα¬α‘α¬ααα»ααΈ
αα»ααΈαααΈαααΈαα¬ααααΌα±α αααΈαααα αΈαααΈα α‘αααα¬αααΈ αα«ααΈα‘α¬ααααααΈα±ααααΈαα¬ααΌααΈ α‘ααααΈαααΈαααΈααα¬ααΌα¬ ααααΈααα±αα¬ α‘ααΈα±αα¬ααΈα αα¬ααΌααΈ α ααααΈααΌ αα«ααΈα‘α¬ααααααΈααα±αΎαα¬ααΈ
α‘αα±αααα α¬ααααΈ α‘ααΈα±αα¬ααΈα αα¬αα αΈαααΈα α‘αα¬α‘ααααΈαααΈαααΈααα¬ααΌα¬ MOEE ααΌααΈ α±ααααα‘α α α‘α¬αα¬αααΈαα¬αααα αΈαααΈα
α.αΏα ααααΈα‘αααΈα‘αααΈαααΈαααααΈ
ααΏα α‘αααα¬α±αα¬ αα«ααΈα‘α¬ααααααΈα±ααααΈαα¬ααΌααΈ αααΈαααΈαααΈ α‘αααΈα‘αααΈαα¬α αΏα αααΌα αΈ α ααΈαααΈαα¬αααΌ α±α‘α¬ααΈααα¬αα‘αα»ααΈ αααΈααα±αα¬ α±ααααα‘α¬αα¬αααΈαα¬ααΌααΈα‘α ααΈα‘α±ααα¬α
α±ααα»α¬α‘ααα‘α αα¬ααΌααΈααα» α‘ααα‘αααΈα‘αααΈα±ααααΈα±αα¬ααα¬ααΌααΈ α‘ααΈαα¬ααα¬α α±ααα»α¬α‘αααΈ α±αα» α±αα» αααΈαααΈαα»αα¬ ααΌααΈ αααα αα»α¬α α αΈαααΈα±αα¬ααΈαααα‘αα»ααΈ α‘ααΈα±αα¬ααΈα αα¬ααΌααΈ α‘ααΈαα¬ααα¬αα»ααΈ
αααΈααα±αααααΈα αααα αα»α¬α α αΈαααΈα α±ααα»α¬α‘ααα‘ααα¬ααΌααΈ α‘ααΈαα¬ααα¬ ααΌααΈ α±αα» α±αα» αααΈαααΈαα»αα¬αααΈ αααΈα±αα¬ααΈα±αααΌααΈ αααΈαααΈαααΈαααΈ αααΈα±αα¬ααΈα±αα¬α‘αααΈαα¬αα»ααΈ
αα αΈαα¬αααΈα±αα¬ ααααααΈαααα¬ααΌααΈ αααΈαααΈαααΈ α‘αααΈα‘αααΈαα¬α ααΌα¬α±αα»αααΈαααΈ ααΌααΈ αααΈααααΈαααα¬α α±αα¬αα«αααΈαα¬α±α αααΈα αα α¬α±αα¬αΈα±αΎαα±ααααΈα‘αα»ααΈ α‘αΎαα₯α¬ααΈαα¬α αααααΈ
α‘αα»ααΈα‘αααΈαα αΈα±α ααα«αααΈα
α.αα α‘ααΈα±αα¬ααΈα αααΈαα¬ α α αΈαααΈα±αα¬ααΈααααα¬α ααααΈ
ααα αα«ααΈα‘α¬ααααααΈα±ααααΈαα¬αααΈαα¬ αααΈαααΈαα»ααΈαα¬α‘αα»ααΈααΌ α‘ααΈα±αα¬ααΈα αα¬α α»α¬αααΈ α ααααΈα‘α±αΎαα¬ααΈ αααΌαΏααα αΈα±αΎαα¬ααΈ αααα αα»α¬α α αΈαααΈααααΈαα¬α ααα±ααα«αααΈ (ααα¬ αΏα)α
α ααααΈα‘α±αΎαα¬ααΈ αααΌαΏααα αΈαααΈ α‘ααΈα±αα¬ααΈα αα¬α αα¬αααΈααααΈα‘αα¬ααααΈ α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ αα«ααΈα‘α¬ααααααΈα±ααααΈαααΈαα¬ αααΈαααΈαα»ααΈαα»ααΈααΌαΏα αα αα¬αααΈααααΈ ααΌαα«αααΈ (ααα¬ αΏα)α α ααααΈα‘α±αΎαα¬ααΈ
αααΌαΏααα αΈαααΈ α‘ααΈα±αα¬ααΈα αα¬α αα¬αααΈααααΈαααΈ αααΈαααΈαα«ααΈα‘α¬ααααααΈα±ααααΈ αααΈαααΈαα»ααΈααΌα αΈααα αΈαΎαα±αα¬ α‘α-ααα¬ αα«ααΈα‘α¬ααααααΈα±ααααΈ (αααΈαα¬αααΈ) αα»ααΈ α % ααΌααΈ α‘α-
ααα¬ αα«ααΈα‘α¬ααααααΈα±ααααΈ (αα) αα»ααΈ αΏ% αααααΈ αααααΈαα«αα«αααΈα
ααα α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ αα«ααΈα‘α¬ααααααΈα±ααααΈ αααΈαααΈαα»ααΈα‘αα»ααΈααΌ α‘ααΈα±αα¬ααΈα ααΏ% α αα«ααΈα‘α¬ ααααααΈα±ααααΈαα¬αααΈ αααααΈα±αα¬ααΈαα αααΌα±αΎαα¬ααΈ α±ααΎαα¬ααΎααα«αααΈα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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αααααΈα±αα¬ααΈααααΌαααΈα α±ααΎαα¬αααΈ α‘ααΈα±αα¬ααΈα αα¬αααΈ α% αααΈαααΈααΌα±αα¬αΈαααΈ
αα¬αααΈααααΈαααααΈαα¬αααΈ α‘ααΈα±αα¬ααΈα αα% αα αααΈααααΌ αααΈαααΈαααααΈ αααΌα±αΎαα¬ααΈ α±ααΎαα¬ααΎααααΈα αααααΈα±αα¬ααΈααααΌααΈα ααΈαα₯αΈα α αααΈααααΈαααααΈ α±αααα‘α¬αααΈ αααΈαααΈαα«ααΈα‘α¬ααααααΈα±ααααΈ
αααΈαααΈαα»ααΈαα¬αα»ααΈ αααΈαα«αΏα α‘α-ααα¬ (αααΈαα¬αααΈ) αααΈαααΈαα»ααΈαα»ααΈ αΏα % ααΌααΈ α‘α-ααα¬ (αα) αααΈαααΈαα»ααΈαα»ααΈ αΏ% ααΌαα«αααΈα
ααα αααΈαααΈαα»ααΈ α αα‘αα»ααΈααΌ α‘αα α αααΈααααΈααααΌα¬ ααΌααΈα α αΈα‘ααα¬ααΈαα αΈαα«αααΈα α‘ααα« α αααΈααααΈααα α‘α-ααα¬ (αααΈαα¬αααΈ) αα«ααΈα‘α¬ααααααΈα±ααααΈ αααΈαααΈαα»ααΈαα»ααΈ α α%α α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ
αα«ααΈα‘α¬ααααααΈα±ααααΈ αααΈαααΈαα»ααΈαα»ααΈ α% ααΌααΈ α‘α-ααα¬ (αα) αα«ααΈα‘α¬ααααααΈα±ααααΈ αααΈαααΈαα»ααΈαα»ααΈ αα% αααααΈ α±αα»αααΌαααΈαααΈα αααΈαα¬α±ααααααα‘α¬ ααα‘αα αΈ α±αα¬αααααΈ
α‘ααΈα±αα¬ααΈα αααΈ α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ αα«ααΈα‘α¬ααααααΈα±ααααΈ αααΈαααΈαα»ααΈαα»ααΈ αα% αα¬ ααΌαΏα αααΈαα«ααΈα‘α¬ααααααΈα±ααααΈ αααΈαααΈαα»ααΈ αΏ ααααα»ααΈ αααα±αα¬αααααΌα±αα
ααα¬ αΏα - ααααΈααα±αα¬α‘ααΈα±αα¬ααΈα αα¬α‘αΎαα¬αα»ααΈ α ααααΈα‘α±αΎαα¬ααΈααΌααΈ ααααΈαααα¬α‘α±αΎαα¬ααΈαααΌααα
αΏα αααΌα αΈ α±α‘α¬ααΈααα¬α
α‘α±αΎαα¬ααΈα‘αα¬ α‘α-ααα¬ αα«ααΈα‘α¬αααα»αααΈα±ααααΈ (αααΈαα¬αααΈ )
α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ
αα«ααΈα‘α¬ααααααΈα±α
αααΈ
α‘α-ααα¬ (αα)
α ααααΈα‘α±αΎαα¬ααΈαααΌα±αα¬ α‘ααΈα±αα¬ααΈα αα¬ (%)
α % αα% αΏ%
αα» αα¬αααΈααΌααΈαα¬αααΈ
ααααΈαααα¬α αααΌα±αα¬ α‘ααΈα±αα¬ααΈα αα¬ (%)
ααααΈαααααΌ αα% ααΏ% α%
αα αΏα % α% αΏ%
αααα« αα% αα% αΏα %
α α α±αα«ααΈ % % %
αα» αα¬αααΈααΌααΈαα¬αααΈ ααααΈαα α‘αα‘α α¬ (%)
ααΌααΈα α αΈα‘ααα¬ααΈ α α% α% αα%
αα«ααΈα‘α¬ααααΈα±αα» αααΈαα¬αα α% α% αα%
αααΈαα¬α±αααααα αα%
α α α±αα«ααΈ % % %
α‘αααΈα‘αα αΈ -αΏα α ααΈαααΈαα¬-α±α‘α¬ααΈααα¬ α α αΈαααΈα±αα¬ααΈααα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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α.αα αααΈαααΈα±αα» α±αα» αα»αα¬
ααα α ααααΈα±ααα¬ααΌ α ααααΈααΌααΈ α‘ααααΈαααΈα ααΈααα¬α ααααΈααααα¬ααααΌααΈ αααΈαααΈα±αα» α±αα» αα»
αα»α αΏα αααΌα αΈ α ααΈαααΈαα¬α αΏα αααΈα±ααααΌ α±α‘α¬ααΈααα¬α αΏ αααΈα±ααα‘αα»ααΈ αααΈαααα«αααΈ (ααα¬ αΏα )α αααΈα‘α ααΈα‘α±ααα»αα¬α αααΈα±αα¬ααΈαα ααΏ α₯ ααΌααα¬ αΏαΏ% αααΈ α‘ααααα¬αα αΈαα«αααΈα
α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ αααΈαααΈαα»ααΈα‘αα»ααΈααΌ α±αα» α±αα» αα»αα¬αα»ααΈ αααΈα±αα¬ααΈαααα¬α‘αααΈ αα% αααΈ α‘αα¬α‘α¬αααΈ αα»ααΈαααΈαααΈαα¬α‘ααΈα αα»ααΈ αα«αααΈααα¬ αα αΈαΎααα«αααΈ (ααα¬ αΏα)α α‘αα¬αααΈα±αα¬ααΈααααΈ
αααΈαααΈαα¬ααααΈα α‘ααΈα αα¬ααΌα¬ ααααΈ ααΌααΈ ααααΈαα αα αΈαΎααα«αααΈα αααΈα±αα» α±αα» αα»αα¬αα»ααΈ DPTSC
αααΈαααΈαα¬α α ααααΈαααΈααΌααΈα‘αα αΈ α₯α±αα¬ααΈααα«αααΈα
ααα α‘αααα¬αααΈ αα«ααΈα‘α¬ααααααΈα±ααααΈαααΈα±αΎαα¬ααΈ ααΌααΈ αααΈαααΈα±ααα¬ααα¬αααααΈαα¬ ααααΈαα
α‘αααΈα‘αα¬ ααα αααΈα‘α ααΈα‘α±ααα¬α‘αα»ααΈαα»ααΈ αααΈα±αα¬αΈα±αα¬αααα«αααΈα α‘αα α±αα» α±αα» α±αα¬ααΎαα±αα¬ αααα±ααααΈαα¬ αα α₯ααΌα¬ ααααΈαα»α¬α±αα¬ α±ααα¬αα¬α‘αα»ααΈ α±αα¬αΈα±αΎα ααΌααΈ
ααΌααΈα α αΈαα«ααΈα‘α¬αααΌαααα αα αΈαα«αααΈα α‘α ααΈα‘α±ααα¬αα»ααΈ αααΈα±αα¬ααΈααΎαα±αα¬ αααααΈαα¬α α‘αααΈαα¬ ααΌααΈ α α¬αα»ααΈα α¬αααΈαα¬α‘α¬ ααα»αα« αα»ααΈ α±αα¬αΈααα¬αα«αααΈα
α.αα α‘αααΈα‘αααΈ αααΈαααΈα±αΎααα¬αααΈ ααΌααΈ αααΈαααΈα±αα» α±αα» αααΈαααΈαα¬ αααΈα±αα¬ααΈαααα¬
αα α α‘ααΈαααΈααα¬αααΈαααΈαα¬α‘α±αα ααΈαα ααααΈααΌααΈ DMS ααααΈαα¬α‘α±ααα‘α±αααα¬ REGDP α αααΈαααΈαα»ααΈααααΈ αα αΈαα«αααΈα αα‘α α‘α α₯αΈααΌααΈ α‘αα₯αΈαααΈααα αααΈαα¬ ααΌααΈ αα»ααΈαα¬αα¬αα¬αα αααΈααα¬
ααααΈααα±αα¬ααα¬ αααΌαααΈαααααΈαααΈ αΏαααααΈααΌααΈ α±ααα»α¬α‘α¬αα¬αααΈαα¬ααΌααααΈ α α α₯αΈα±αα¬ααΈαα»ααΈαα»α¬αα«αααΈα ααααΈαααααΈ αααΈαααΈαα¬α‘ααΈα αα¬α‘αΎαα¬αα»ααΈ αααΈαα¬αα¬αα¬α αα¬α αααΈαααΈαααΈααααΈα
α‘αααΎααα«αααΈα
ααα REGDP αααΈαααΈααααΈαΏαα±αα¬ααΈαα»ααΈ α±αα¬ααΈαααΈαα» αΏ αα»ααΈ αα«ααΌαααΈ PIB ααΎαααΈα αααΈαααΈαα»ααΈααα¬ ααααΈααα±αα¬ααα¬ααα αααΈαααα»α¬αα«αααΈα αα α¬α‘ααΈαααΈαα»ααΈ α±α‘α¬ααΈαα«
α‘αααΈα‘αααΈαα¬ αα«αααΈαα«αααΈ () α ααααΈα‘α±αΎαα¬ααΈα±αα¬αΈααααΈ (αΏ) α±α αΌα¬αΈαααΈαα¬α±αα¬ α ααααΈαααΈαα¬ αααΈα±αα¬ααΈαααα¬ (α) α±αα¬αΈα±αΎαααΌααΈ αα α¬αα»ααΈαααΈαα¬ααα«α (α) α±αα¬αΈα±αΎαααααΈαα¬αααΈααΌααΈαααΈααΌααΈ
α±αα±αα¬αΈαααΈα‘αα»ααΈ αα¬αααΈααΌα±αα¬ α‘αα»αα‘α ααΈαα¬ (α) α±αα¬αΈα±αΎαααααΈαα¬αααΈααΌααΈαααΈ αααΈααααΈαααΈαα¬ (α) α±αα¬αΈα±αΎαααααΈαα»ααΈα‘αα»ααΈ α‘ααααΈαα (α) α‘αααΈαα±ααα±ααααΈααα±αααΌααΈαααΈααΌααΈ
α‘αααααΈαααΈαααΈααααΈαααΈαα¬ (α ) α±αα¬αΈα±αΎααααΈαααΈα α₯αΈα α±αα¬ααΈα α±αα¬ααΈαα»ααΈαα¬αα»ααΈ ααααΈααα±αα¬ α‘ααΈα±αα¬ααΈα αα¬α α‘αααΈααα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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ααα¬ αΏα - αα«ααΈα‘α¬ααααααΈα±ααααΈ α αα‘αα»ααΈ α±ααα»α¬α‘αααΈαα»ααΈ αααΈα±αα¬ααΈαα±αα¬ α‘αα¬αααΈααααΈαα¬
α±αα» α±αα» αααΈαααΈαα»αα¬ - αΏα αααΌα αΈ α±α‘α¬ααΈααα¬α
αααΈα α» αααΈα±αααα /αααΈαααΈα αΏαααααΈ ααΌααΈ α±ααα»α¬ αααΈα±αα¬ααΈααα₯α±α
α‘ααα¬ α‘ααα α α α±αα«ααΈ
αα»ααΈαααΈαααΈ
αΏα α ααΈαααΈαα¬ αΏα αα (α±αα¬αΈαα±ααα»α¬) αΏα α α
αΏα α ααΈαααΈαα¬ αΏα ααααααΈ (αα«ααα±ααα»α¬) αΏ α
αΏα α ααΈαααΈαα¬ αΏα α±α (α‘α±αα¬αΈα±ααα»α¬) αα α α α
αααα€α¬ααααΈα±αααα
αΏα α ααΈαααΈαα¬ α ααααΈα±α‘α¬ααΈ (ααααΈα±α‘α¬ααΈα±ααα»α¬) αα α α
αΏα α±α‘α¬ααΈααα¬ αααΈα (αα»α¬αα¬αα¬α±ααα»α¬) αα αΏ αα
αΏα α±α‘α¬ααΈααα¬ αΏ αααΈααΌ (ααα»ααΈα±ααα»α¬) αΏαΏ α αΏα
αΏα α±α‘α¬ααΈααα¬ α α±αα¬ααΈαα»ααΈαα (α±αα¬ααΈαα»ααΈααα±ααα»α¬) ααΏ αα
αααΈαααΈαααΈα±αααα
αΏα α±α‘α¬ααΈααα¬ α αααΈαα αΈα±αα¬ααΈ αΏ α αΏα
αΏα α±α‘α¬ααΈααα¬ α α‘α αΏαΏ αα
αΏα α±α‘α¬ααΈααα¬ αΏ αα αα α αα
α α α±αα«ααΈ αΏα α ααΏ
ααα¬ αΏα β αααΈαααΈαα¬α‘ααΈα α‘αααΈ α‘αα¬αααΈααααΈαα¬ α±αα» α±αα» αααΈαααΈαα»αα¬αα»ααΈ αααΈα±αα¬ααΈααΎαααα¬ - αΏα αααΌα αΈ α±α‘α¬ααΈααα¬α
αααΈαααΈαα¬α‘ααΈα α‘α-ααα¬ TL
(αααΈαα¬αααΈ )
α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ
TL
α‘α-ααα¬ (αα)
ααα¬ αα αα αα
αα»ααΈ α
ααααΈ α
ααααΈ
α α α±αα«ααΈ αα α α αα
αα REGDP αα»ααΈαα α₯αΈαα¬αα‘αα»ααΈα αααΈα±αα¬ααΈα±αααΌααΈ αααΈαααΈαααΈαααΈαααΈα±αα¬ααΈα α₯αΈαα¬ααα¬α‘αα»ααΈαα»ααΈ α‘αααΈ αα¬α α»α¬αα«αααΈα±αα¬ αααΈαααΈα±αα» α±αα» αα»αα¬α
αα¬αα‘αααΈα‘αα¬α‘αααΈαααΈααα»α¬αααΈ (ααα¬ α)α α ααααΈαΏαα±αα¬ααΈαα α‘α αααΈαα α¬α ADB α αααΈαααΈαααααα±ααα‘αααΈα‘α αααΈαα αααΈαααΈα±αα» α±αα» αααΈα αααΈααααΈα‘αΎαααααΈαα¬α
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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αααΈα±αα¬ααΈαα»α¬αααΈαα αΈαααΈα α±αα¬αΈα±αΎαα α‘α±αα¬ααΈα‘ααααΈαααΈαα¬α αα α¬αα»ααΈ ααααΈαα»ααΈαα¬α
α‘αααΈαα±ααααα¬α±αααΌααΈαααΈ ααΌααΈ αααΈα±αα» αααΈαααΈαα±αα¬ααΈαααΈαααΈαα¬ αα±αα¬αααααΈαα¬ α±ααα»αα¬αα»ααΈ αααΈ/αααΈαααΈα αΏαααααΈ ααΌααΈ α±ααα»α¬α‘α¬αα¬αααΈαα¬αααΈ αα«αααΈαααΈα±αα¬ααΈαΎααααΈαα αΈαααΈα ααααΈαα»ααΈα±αα¬
α‘ααΈα αα¬αααΌ α‘αΎαα₯α¬ααΈαα¬αααααΈ α‘αα‘α ααΈα‘α±ααα¬ ααααΈ αααΈααααΈα±αα¬ααΈαααΈαα αΈαααΈα α‘α±αα¬ααΈα‘αααΈα±αα¬αΈαααΈα±αα¬ααΈαααα¬α α±αααααΈαα¬α‘α¬αα¬αααΈαα¬ααΌααΈ ααααΈα αα±αα¬ αααΈααα¬ααα
α ααααΈαααΈααΌ αααΌααΈ α‘α αααΈααα»α¬αααΈαα αΈαααΈα α±ααα±αα«ααΈαα¬α±αα¬ αα α₯αααΈαα¬ααααΈ α‘α α₯αΈααααΈααΌα¬α±αα»αααΈααΌααΈαα¬ αααΈαααΈα±αα¬ααΈαα»ααΈαα»ααΈα‘α α‘ααα¬α αααΈαααΈα±αα» α±αα» αα»αα¬αα»ααΈ
αααΈααΌααΈααααΈαα»α¬αααΈ αα αΈαααΈα
ααα¬ α - ααΌααΈα α αΈαα«ααΈα‘α¬αα»ααΈαααΈαα»ααΏαα±αα ααααΈα‘αα»ααΈ α α α₯αΈαα¬α±αα¬ αααΈαααΈα±αα» α±αα» αααΈαααΈαα¬
αααΈα±αα¬ααΈαααα¬ - αα«ααΈα‘α¬ααααααΈα±α α‘α ααΈα‘αααΈ
αααΈα±αα¬ααΈαααΈαα¬ α‘ααααΈαααΈαααΈαααΈ α‘ααΈα αα¬
αα αααΈαααΈαααΈα‘αααΈ (REGDP αα»ααΈααααΈ )
α α ααααΈααααΈαααα¬α αααΈαααΈαα¬ αααΈαα±αα¬αΈα‘α ααα¬ααα¬ αα αααΈααααΈ
αΏα TL αααΈαααΈαα»α¬α±αα¬ α±ααα»α¬αα¬αα»ααΈ α‘ααΈα±αα¬ααΈα α α αΈαααΈα DMS ααΌααΈ αααΈαααΈα±αα» α±αα» αα»αα¬ αααΈααααΈα±αα¬ααΈαααΈ αα»ααΈααααΈ
αααααΈ αα α ααααΈααΌααΈαααΈαααΈαααΈ α αααΈααααΈαααα¬α αααΈα±αα¬αΈα±αα¬α
α±α αααΈα αααΈαα α₯αα¬α α±αααΌααΈαααΈα±αα¬ααΈαααΈ α‘ααααααΈαα¬ αααααΈ
MOEE; (α±ααααΈα±αα¬αΈ) αααα¬αααΌααΈ ααα¬ααααΈαααΈαααΈ
αααΈαααΈα±ααααΈαααα¬α (MONREC α±ααααΈα±αα¬αΈ)
MOF: (α±ααααΈα±αα¬αΈ)
αα α ααααΈαααΈαααΈααααΈαα α‘α±αα‘α±αα α±ααααα‘α αα‘αα»α
αα¬α α‘α αααΈααααΈααΌααΈ αααΈα±αα¬ααΈα α‘αααΈααΌ α‘α ααα¬ααα¬ααΌααΈ αααΈαααΈα±αα» α±αα» ααααααΈαα¬α αααΈαααΈαα»ααΈα‘αα»ααΈ αααΈαααΈα‘α α‘α α₯αΈ
ααα αααΈααα α‘α±αΎαα¬ααΈαΎαα¬αααΈα αα α ααααΈααΌααΈ αααΈαααΈαααΈ αααΈααα α αααΈααααΈαααα¬α
αΎαα¬ααααΈ ααΌααΈ αααΈααα α±αααΌααΈαααΈ α‘αΎαααααΈαα¬ αααααΈ
αααΈα±αααα/αααΈαααΈαα¬ααΌ
αααΈαααααΈααα¬ α±αααα α‘α±αα»α±αα» α‘ααΈαααΈα±α
α₯α αα¬α (α±αα»/α‘ααΈ) MONREC ααΌααΈ MOF ααα
α±ααααααα¬
αα α ααααΈαααΈαααΈααααΈααα αΏαααααΈα‘αα¬ααΌαα¬α α‘α αααΈααααΈα
αααΈα±αα¬ααΈα α‘αααΈααΌααΈ αααΈα±αααα/αααΈαααΈα‘αααΈααΌ αααΈαααΈ α±αα» α±αα» ααααααΈαα¬α αααΈαααΈαα»ααΈα‘αα»ααΈ αααΈαααΈα‘α α‘α α₯αΈααα
αααΈααα α‘α±αΎαα¬ααΈαΎαα¬αααΈα αα α±ααα»α¬α‘ααΈα ααΌααΈ α±ααα»α¬α‘ααΈαααΈα±αααΌαα¬ααα
αααΈα±αααα/αααΈαααΈα‘α αα αααΈαααΈα±αα±αα¬α α¬α αααααΈ α α α ααααΈααΌααΈ αααΈαααΈαααΈ αααΈααα α αααΈααααΈαααα¬α
αΎαα¬ααααΈ ααΌααΈ αααΈααα α±αααΌααΈαααΈ α‘αΎαααααΈαα¬ αααααΈ
ααααΈ/αΏαααααΈ α±αα»/α‘ααΈ
MONREC ααΌααΈ MOF αΏαααααΈααα¬ αΏαααααΈα ααΈαααΈαα¬αα¬α±αα±αα¬αΈαα
NGO αα¬
αα α±ααα»α¬α‘ααΈα ααΌααΈ α±ααα»α¬α‘ααΈαααΈα±αααΌαα¬ααα αααΈα±αααα/αααΈαααΈα‘α αα αααΈαααΈα±αα±αα¬α α¬α
α±αα‘ααΈαααΈ ααΌααΈ αα»ααΈαααΈαααΈαααΈαααα¬α‘αα»ααΈ αα»ααΈααααΈαααααΈα
α±ααα»α¬α‘ααΈα α‘ααΈαααΈα±αααΌαα¬ α±ααα»α¬α‘ααΈαααΈα±αααΌαα¬
α‘ααααα¬
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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α α±αα¬ααΈααααΈααΌααΈαααΈα±αΎααα¬αααΈα‘αα»ααΈ α α α₯αΈαααΈ α α¬αααΈ
αααΈαααΈ α±αα¬ααΈααααΈα αααΈαα»α¬ααα α‘α±αΎαα¬ααΈαΎαα¬αααΈα α α αΈαααΈα±αα¬ααΈααααΈα DMS ααΌααΈ αααΈαααΈα±αα» α±αα» αααα¬
αααΈα±αα¬ααΈαααΈ α α α αΈαααΈααΌααΈ DMS ααααΈαα¬α α‘αααΈααααΈααΌααΈ αααΈααααΈ
α±αα¬αααα α‘ααααααα¬αααααΈα‘αα»ααΈ ααααΈαα¬α αααΈαα»α¬ααα αααΈααααΈ
αΏα α±αα¬αΈα±αΎαααααΈαα¬αααΈααΌααΈαααΈ α αα αΈα α±αα¬αΈα±αΎαα±ααααΈ α αα αΈα
αΏα α‘αααΈαα±ααααα¬αααΈαα»ααΈα±αααΌααΈα±ααααΈα αα αΈααα ααΌααΈα αα¬ αααΈααααΈα±αα¬αααα α‘ααααααα¬αααααΈ
αα α‘ααααΈαααΈαααΈααα¬αααΌ α αα αΈαα α‘αα»ααΈ α‘αααΈαα αΈαααΈ αααΈ α‘αΎαααααΈαα¬α αααΈαα»ααΈα±αα«ααΈα ααΈαααΈ
ααα«αααΈαα¬ ααΌααΈ αααΈααα¬αα¬
α±ααα α‘ααΈα±αα¬ααΈα αα¬ ααααΈαα»ααΈα±αα¬ α‘ααΈα αα¬
αα αααΈα±αα¬ααΈα±αα‘αααΈ
α α±ααα¬α±α α¬ααΈαΎαααΈαααΈ α‘α αααΈαα α¬αα¬α α‘αααα¬
α ααααΈαααΈαααΈ ααααΈααα‘α±αα‘α±αα αααΈαααΈαα¬ αααΈα±αα¬ααΈα α‘α ααα¬ααα¬α αα¬αα‘αααΈα‘αα¬α‘αααΈ
α‘α αααΈααααΈ αΏα α ααααΈααΌααΈ αααΈαααΈαααΈ αααΈααα α αααΈααααΈαααα¬α
αΎαα¬ααααΈ ααΌααΈ αααΈααα α±αααΌααΈαααΈ α‘αΎαααααΈαα¬ αααααΈ
αααΈαααΈαα¬ αααΈα±αα¬ααΈα α‘αααΈα
αααΈα±αααα/αααΈαααΈα‘αααΈ ααΌααΈ αΏαααααΈα‘αααΈ αα¬ααα¬ααΌααΈ
α‘αα¬ααΌαα¬ NGO αα¬
αα αα«ααΈα‘α¬ααααααΈα±ααααΈ α‘αααΈαα»ααΈ αααΈα±αα¬ααΈα±α
αααΈα±αα¬ααΈαααΈα‘αα« ααα¬αα¬ααΌαα«α αααΌαααΈααΌααΈ α±αααΌααΈαα
αα¬α αααΈα±αα¬ααΈαααΈαααΈ α±ααα»α¬α‘ααΈαααΈα±αααΌαα¬ααΌααΈ α±ααα»α¬ α‘αα»ααΈααΌ α±ααααα‘ααΈα αα¬ααΌααΈ αααΈαααΈα±αα» α±αα» αααΈ
αα α±ααα»α¬α‘ααΈα α‘ααΈαααΈα±αααΌααΌααΈ α±ααα»α¬α‘ααΈαααΈα±αααΌα‘ααΈαα»ααΈ αααΈαα¬αα¬αα¬α αα¬αααΈ α±ααα¬αα¬α±αα¬ αα»ααΈααα¬αΏα REGDP
αααα αΈα±α α¬ααΈα α±αα‘ααΈαα¬ααΌαααΈααΌααΈ αα α¬αα»ααΈ ααα¬α
α‘αα¬αααΈααααΈαααΈα±αα¬α±ααα¬αα»ααΈ αααΈαα¬αααΈ
αα α ααααΈααΌααΈαααΈαααΈαΏα αα αΈα₯αααΈ ααααααΈ α‘α α‘α±ααααΈ αααΈαΎαα¬α±αα¬ αα α₯αααΈαα¬α α±αααΌααΈαααΈ α‘αααΈαα αΈαααΈαααΈ
ααα«αααΈα±αα¬ α‘αα¬αα«αααΈαααΈα±αα¬ααΈααΈααΈαααΈ α‘αααΈαα±αααααΌααααΈ α±αααΌααΈα±αα αα αΈα αααΈαααΈαααΈα±αα¬ααΈαααΈ
αα α‘αααΈα‘αααΈα‘αα»ααΈ α‘αααΈα‘αααΈαααΈααα«α α‘ααααα¬ α‘αα«α‘αααΈ α±ααα»α¬αα»ααΈα±ααααΈααα¬α α₯α α¬α±ααααΈααα¬αααΈ
αα α‘αααΈααα¬αα¬α±ααααΈαααΈ α αααΈαα¬αα»ααΈ αα‘ααΈα±αα¬ α‘α α¬αααα¬αα¬α α±ααα»α¬ααΌ α ααΈααααΈαααΈααα¬ α±ααα»ααΈ
α±αα¬ααΈααααΈα±α αααΈ α αα αΈαα±αα¬ααΈαααΈ α α α±ααα»α¬α‘ααΈαααΈα±αα‘αα»αα α±αα¬ααΈααααΈα‘αααΈ αααΈαα»α¬αα
α±ααα»α¬α‘ααΈα α‘ααΈαααΈα±α
αα¬αααΈααΌααα¬
α±ααα»α¬α‘ααΈαααΈα±αααΌ α‘ααααα¬
ααα«αααΈαα¬α αααΈααα¬αα¬ α±ααα α‘ααΈα±αα¬ααΈα αα¬
ααααΈαα»ααΈα±αα¬ α‘ααΈα αα¬
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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ααΌααΈ ααα‘αααΈα±αα» α±αα» αα»αα¬ αααΈααααΈ
αα α ααααΈα±αΎαα¬ααΈ αααΈαα»α¬ααα α±αα¬ααΈααααΈαα¬α ααααΈα±α αααΈ αα α₯αααΈαα¬α α‘α±αα±αααααΈααααΈα±αα¬ααΈαα»ααΈαααΈ
α‘α α‘α α₯αΈαα αΈαα αααΈαα»α¬ααααΌααΈ ααα»α ααααΈααα»αααΈ
αα αααΈαααΈαααΈαααΈαααΈα±αα¬ααΈαααΈ α‘αααΈ
α α ααααΈαααΈαααΈααααΈααα αααΈαααΈαα¬ αααΈα±αα¬ααΈα α‘αααΈ α‘α ααα¬ααα¬αα α‘α αααΈααααΈ
αΏα α ααααΈααΌααΈ αααΈαααΈαααΈ αααΈααα α αααΈααααΈαααα¬α αΎαα¬ααααΈ ααΌααΈ αααΈααα α±αααΌααΈαααΈ α‘αΎαααααΈαα¬ αααααΈ
αααΈαααΈαα¬ αααΈα±αα¬ααΈα α‘αααΈα αααΈα±αααα/αααΈαααΈα‘αααΈ ααΌααΈ
αΏαααααΈα‘αααΈαα¬ααα¬ααΌααΈ α‘αα¬ααΌαα¬ NGO αα¬
αα αααΈααα‘α±ααααααΈαααΈ αα α₯αα¬α α±αααΌααΈαα α‘α±αα¬ααΈα‘αααΈα±αα¬αΈαααΈα‘α¬ α‘ααΈαααΈα±αααΌαα¬ααΌααΈ α±ααα
α‘αα»αα‘α ααΈαα¬ααΌααΈα‘α αααΈαα»αααΈα±αα¬ααΈαααΈ αα α ααααΈααΌααΈαααΈαααΈαΏα αα αΈα₯αααΈ ααααααΈ α‘α α‘α±ααααΈ
αααΈαΎαα¬α±αα¬αα α₯αααΈαα¬α α±αααΌααΈαααΈ α‘αααΈαα αΈαααΈαααΈ ααα«αααΈα±αα¬ α‘αα¬αα«αααΈαααΈα±αα¬ααΈααΈααΈαααΈ α‘αααΈαα±ααα
ααΌααααΈα±αααΌααΈα±α α αα αΈα αααΈαααΈαααΈα±αα¬ααΈαααΈ αα α±ααα»α¬α‘ααΈαααΈα±αα‘αα»αα α±αα¬ααΈααααΈα‘αααΈ
αααΈαα»α¬ααααΌααΈ ααα‘αααΈα±αα» α±αα» αα»αα¬ αααΈααααΈ αα α ααααΈα±αΎαα¬ααΈ αααΈαα»α¬ααα α±αα¬ααΈααααΈαα¬α
ααααΈα±α αααΈαα α₯αααΈαα¬α α‘α±αα±αααααΈααααΈα±αα¬ααΈαα»ααΈαααΈ α‘α α‘α α₯αΈαα αΈαα αααΈαα»α¬ααααΌααΈ ααα»α ααααΈααα»αααΈ
α±ααα»α¬α‘ααΈα α‘ααΈαααΈα±α αα¬αααΈααΌααα¬
α±ααα»α¬α‘ααΈαααΈα±αααΌ α‘ααααα¬
ααα«αααΈαα¬ ααΌααΈ αααΈααα¬αα¬ α±ααα α‘ααΈα±αα¬ααΈα αα¬
ααααΈαα»ααΈα±αα¬ α‘ααΈα αα¬
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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αα α‘αααΈαα±ααααα¬ααΌααααΈα±αααΌααΈαααΈαααΈαα¬ αααΈααααΈαααΈαα¬
α.α αααΈαααΈαααα¬α‘α±αα αα αΈαα¬α±αΎαα±αα±αα¬αΈα±αα±αα¬αΈααααΌααΈ α‘αααΈαα±ααααα¬
α±αααΌααΈαααΈ
αα αααΈα±αααα/αααΈαααΈα‘ααΈαααΈα±αα‘αα»ααααΈ αααΈαααΈαααα¬α‘α±αα αα αΈαα¬α±αΎα α±αα±αα¬αΈααα±αα¬αΈαα
(ACC) α αα»αα ααΈαααΈαα αΈαααΈα ACC α α‘αααα¬αααΈαα¬ααΌα¬ () DMS α αααΈα±αα¬ααΈαααΈ (αΏ) αααΈαααΈαα ααΌααΈ αααΈαααΈαα αα αΈααααΈα α‘αα»ααΈ α±α αα»ααΈα±αα«ααΈα±α α αααΈααΌααΈαααΈ (α) α±αα¬αΈα±αΎαα
αααΈαααΈα‘α α¬ααααΈα±αα¬αααΈααααΈ αααΈααΌααΈαααΈ (α) α‘α α¬ααααΈα±αα¬αααΈααααΈααΌααΈαααΈαααΈααΌααΈ αα±αα¬αααααΈαααΌαααΈ ααααΈααα±αα¬ α‘ααΈα±αα¬ααΈα αα αΈααααΈααΌααΈ ααΌααααΈαααΈ αααα αΈαααΈα α±αα¬αΈααα
α‘α ααα¬ααα¬αααΈ αα»αα ααΈαααΈαα αΈαααΈα α±αα¬αΈαααα»ααΈ αααΈαααΈαα¬ααα¬αα«αααΈαααΈα αααΈα±αααα/αααΈαααΈαα αΈααααΈαα»ααΈ αα±αα¬αααααΈααααααΈαα αΈαΏα αα αΈα±ααα¬ααΌααΈαα αΈα±ααα¬ αααα
αα»αα¬αααΈαααΈα
ααΏα αααΈαΎαα¬αααα¬α αααΈααααΈ ααΌααΈ αα»ααΈαααΈα αα»ααΈαααΈαααΈαα¬α α‘αααΈαααΈα α±ααααΈαα»ααΈα‘αα»ααΈαααΈ α±αααΌααΈα±ααααΈαααΈα‘αα»ααΈ DPTSC αααΈ αααΈα‘αα»αα‘α ααΈαα‘αααΈαααΈαα»ααΈ α±αα¬αΈαααα αΈαα
αα»αα ααΈαα¬ααΌαα«αααΈα α‘αααΈαα¬ααΌα¬ () α ααααΈα ααααΈααα»ααααα αΈ (PMU) (αΏ) DPTSC ααααΈα (α) α±ααααΈα±αα¬αΈααΌ DPTSC αααΈα±αα¬ααΈα α‘αααΈααααα αΈαααΈα α±αα¬αΈαααααΈαα¬α‘αα αΈαααΈα±αα¬ααΈαααΈααα¬α
α±αα¬αΈα±αΎαα±ααααΈαααΈαα¬α ααΈαα₯αΈαα¬α αααΈαααΈα α₯αΈαα¬α ααα₯ααΌααΈαααΈαααΈα α‘αααΈαα±ααα αΈαα¬αααα¬α αααΈαα»ααΈαααΈ α‘αααΈαα»α¬αααα¬α α±αααΌααΈαααΈα‘αα»ααΈ αααΈαααΈα±ααααΈααα αααΈα±αα¬ααΈαααα αΈαααΈα PMU α
αα»αα ααΈαααΈα‘αα«αα»ααΈ α‘αααΈαα±ααααα¬ ααΌααααΈα±αααΌααΈα±αα±αα¬αΈααα αα»αα ααΈαα¬ αααΈαααΈ REGDP α‘α±αα¬ααΈα‘αααΈα±αα¬αΈα α₯αΈ ααΌααΈ α ααααΈα‘α±αα¬ααΈα‘αααΈα±αα¬αΈα±αα¬ααΈαααΈ αα¬ααα±αα¬ααΈα
αααΈαααΈααααΈααΌα¬α±ααααΈαα αΈαααΈα αααΈαααΈ αα«ααΈα‘α¬ααααααΈα±ααααΈ α αα αααΈαααΈα±ααα¬ααα¬α±ααααΈαα¬ααααΈαααα¬ααΌααΈ αααΈαααΈαααΈ αααΈαΎαα¬αααα¬ααα¬ αααΈαα»ααΈαααΈαα αΈαα¬
ααα¬αααα¬α±αααΌααΈααααΈαα αΈαααΈ α±ααα¬ α‘αααα»ααΈαααΈαα¬ α‘αααΈαα»α¬αααα¬α αααΈαα»ααΈαααΈααααΈαα«α
α.αΏα α‘αααΈαα±ααααα¬ ααΌααααΈα±αααΌααΈαααΈαααΈαα¬ αααΈααααΈαααΈαα¬
ααα ααααΈααα±αα¬ααα¬α‘α±ααααΈ αααΈααα α‘αα»ααΈα‘α±ααα¬α αααΈααααΈαααΈαα¬α αααΈα ααΈαα»α¬αα¬αααΈα±αα¬ααΈααααΈ α±ααα¬αα¬ααααΌα±α αααΈ PIB ααΌααΈ αααΈαααΈα±αα» α±αα» αα»αα¬ααΌααααΈ
ααααΈα‘αααΈα‘αααΈα±ααααΈαα αΈαααΈα α‘αααΈα ααααΈαα α¬αα±αα¬ αααααΈαα αΈα₯αααΈ α±ααα¬αααΈαΎαα¬ααα ααα‘α±ααααΈ αα±αα¬ααΈα α»α¬αααΈα±αα¬ααΈαααΈαααΈαααΌα αα α¬ααα«α
α‘αα¬α±αααα‘αα»αα‘α ααΈα NGOα ααα¬α αααΈα α±ααα»α¬ααααα¬α α‘αα¬ααΌαα¬α αααααΈα α¬α±ααα¬αααΈ α‘αα‘ααααααΈαααΈα DPTSC αααΈ αααΈαΎαα¬ααα α±αααΌααΈαα¬αα»ααΈ αααΈαααΈαααΈ αααΈαα αααΈαα¬α‘α¬α
(α‘α ααΈα‘α±αα αααΈαααΈα±αα» α±αα» αα»α αααΈαα»ααΈαααΈαΎαα¬α±αα α‘α αααΈααααΈα ααααΈα‘αααΈα‘αααΈαααΈαααααΈ) α ααααααΈα α‘αααΈαα±ααα α‘αα‘α α¬αα αΈααααΈα α α±αααΌααΈαα¬αα»ααΈ αααΈαα¬αααΈ αααΈααααΈαααΈαα¬ααΌα¬
α±α‘α¬ααΈαα«α‘αααΈαα αΈαααΈα
αα DMS ααααΈ
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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() ααααα αα α₯ααΈα₯α α₯α¬αα¬α‘α±αα DMS ααααΈααΌααΈ αααΈαααΈα αα±ααααΈα±αα¬ α‘ααΈα±αα¬ααΈα αααΈ
αΏαα αα»α¬α±αα¬ DMS αα α±αααα»ααΈ αααΈααα±ααααΈαααααΌα±αΎαα¬ααΈα±αα¬αΈααααΈ αααΈααΌααΈα±αααα¬ ACC α‘α±ααααΈ αααΈαααΈααααΈα±ααααΈα α‘αα¬ ACC α α αΈαααΈα±αα¬ααΈααααΈα‘αα»ααα αΈααααΈ αααΈαααΈ
α‘ααααΈα±ααααΈ α±αα¬ααΈαααααΈα
(αΏ) α‘αααΈα αααΈα‘ααΈα±αα¬ααΈα αααΈ αααΈαααΈααααΈααα αααΈαααΈα‘ααααΈαααΈαα¬α
α±ααααΈαααααΌα±ααααΈ αααΈα αααΈα α¬ααΌααΈαααΈ DMS αα α α‘αΏααααΈα αααΈααΌααΈααα¬ α α¬α‘α¬αααΈαα αΈα±α α ααααΈα‘α¬αααΈαα αΈα±α DPTSC PMU α‘αααΈαα±ααααα¬ααΌααααΈα±αααΌααΈα±αα±αα¬αΈααααα
ααααΈαα»α¬α±αα¬αα α₯ααΈα₯α α₯α¬αα¬α‘α¬ αααΈαααΈα α αΈα±α α‘αααΈα‘αααΈ α±αα¬ααΈαα±ααααΈα αααΈαααΈα‘ααααΈα±ααααΈ α±αα¬ααΈαααααΈα
(α) DPTSC PMU α‘αααΈαα±ααααα¬ααΌααααΈα±αααΌααΈα±αα±αα¬αΈαααααΈ αααΈαΎαα¬ααα αααΈααααΌαααΈααΌ α
αααΈα‘αα»ααΈ α α αΈα±αα±αα‘αα»αα‘αα αΈαα αΈαααα»αα ααΈαα¬ ααααΈα±αα¬αααΈαααΈαααα¬α αααΈαααΈαααΈαα¬αΏα αα»αα»αααΈαα¬α±αα»αααΌαα«α αααΈαααΈαααΈαααΈααααΈα α‘ααΈα±αα¬ααΈα αααΈ DPTSC PMU α‘αααΈαα±ααααα¬
ααΌααααΈα±αααΌααΈα±αα±αα¬αΈααα αααΈα±αα¬ααΈααα ααααΈαα¬α α±ααααΈαααααΌα±ααα«α αααΈα‘α±ααααΈ αα‘ααα DPTSC ααααΈα α‘αααΈαα±ααααα¬ααΌααααΈα±αααΌααΈα±α α±αα¬αΈααααα α‘αααααΈαααααΈα
(α) DPTSC ααααΈα α‘αααΈαα±ααααα¬ααΌααααΈα±αααΌααΈα±αα±αα¬αΈαααααΈ αααΈαΎαα¬ααα α αααΈα‘αα»ααΈ
α±αααΌααΈααααΈα α‘αααΈα α‘ααΈα±αα¬ααΈα αααΈ ααααΈα‘αααΈα ααααΈαααΈαα¬α α±ααααΈαααααΌα±ααα«α αααΈα‘ααα DPTSC αααΈα±αα¬ααΈα α‘αααΈα α‘αααΈαα±ααααα¬ααΌααααΈα±αααΌααΈα±αα±αα¬αΈααααα
ααα±αα¬ααΈααααΈα
(α) DPTSC αααΈα±αα¬ααΈα α‘αααΈα α‘αααΈαα±ααααα¬ααΌααααΈα±αααΌααΈα±αα±αα¬αΈαααααΈ αααΈαΎαα¬ααα α
αααΈα‘αα»ααΈ α±αααΌααΈααααΈα α‘αααΈα α‘ααΈα±αα¬ααΈα αααΈ αααΈα±αα¬ααΈα α‘αααΈααΌ ααααΈαααΈα α±ααααΈαααααΌα±ααα«α αααΈα‘ααα α±αααΌααΈαααΈ ααα¬α αααΈα±ααααΈαααΈα α₯αΈααα ααα±αα¬ααΈααααΈα
αα ααααΈα±αα¬αα α₯ααΈα₯α α₯α¬αα¬α‘α±αααααΈαααΈααααΌααΈ α‘αα»ααΈα‘α±α
() α‘αααΈα αααΈαΎαα¬αααααΈ ααααΈα±αα¬ αα α₯ααΈα₯α α₯α¬α αααΈαααΈααα α‘αα»ααΈα‘α±α ααααααΈ
αααΈαααΈαααΈααααΌααΈ αααΈαααΈαα«α ACC αααΈ αααΈαα α₯α α±αααΌααΈαααΈ α‘αααΈαα»α¬α±αα±αα¬αααΈαα¬ααΌααΈ αααΈαααΈα±αα» α±αα» αα¬ αΎαα¬αααΈα±α α ααΈα±ααααΈαα αΈαααΈα
(αΏ) α‘αααΈα αααΈαααΈα±αα» α±αα» αααΈα αΎαα¬αααΈα±α α ααΈα±ααααΈαααΈ α‘αααα α₯α αα±αααΌααΈαααΈαα«α αααΈαα α₯α
ααα¬ααα»ααΈ αααΈαααΈα±αααΌααΈαααΈ αααΈαααΈαα¬ α‘ααΈα±αα¬ααΈα αα¬α ACC α α‘αΎαα±ααααΈαα αΈαααΈα
αα αα α₯ααΈα₯α α₯α¬αααΈαααΈαααα¬α ααΌαααΈααΈαααΈααααΈαα¬αα»ααΈ αααΈααΌααΈαααΈααΌααΈ αααα»ααΈαααα¬
() α‘αααΈα αα α₯ααΈα₯α α₯α¬αααΈαααΈαααα¬α αααΈααααΈαα¬αα»ααΈ ACC αααΈ αα±αα¬αααα¬αααΈα‘αααΈ αα»ααΈαααΈαααΈα α±αα¬αΈα±αΎαα±ααααΈαααΌα α‘ααΈα±αα¬ααΈα αα¬α αααΈαααΈαααΈ αααΈαααααΈαααΈαααΈ
αα α₯ααΈα₯α α₯α¬αα¬α ααα±αα¬ααΈα±ααααΈ αααΈααααΈαα¬ DPTSC PMU α‘αααΈαα±ααααα¬ααΌααααΈα±αααΌααΈα±αα±αα¬αΈααααα αααΈαααΈααΌααΈαααΈααΌααΈ αααα»ααΈαααα¬α
ααααΈα‘α¬αααΈαα αΈα±α α α α¬α‘α¬αααΈαα αΈα±α α‘αα±α α‘α±αΎαα¬ααΈαΎαα¬ααααΈα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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(αΏ) DPTSC PMU α‘αααΈαα±ααααα¬ααΌααααΈα±αααΌααΈα±αα±αα¬αΈαααααΈ αααΈαΎαα¬αααααΈααααΌαΏαα±αα¬ααΈ α
αααΈα‘αα»ααΈ α±αααΌααΈααααΈα α‘αααΈα α‘ααΈα±αα¬ααΈα αααΈ PMU α‘αααΈα α±αααΌααΈααααΈααα αα±ααααΈαα«α αααΈα‘αααα α₯α DPTSC ααααΈα α‘αααΈαα±ααααα¬ααΌααααΈα±αααΌααΈα±α α±αα¬αΈααααα ααα±αα¬ααΈαααΈαααΈα
(α) DPTSC ααααΈα α‘αααΈαα±ααααα¬ααΌααααΈα±αααΌααΈα±α α±αα¬αΈαααααΈ ααΈααΈαΎαα¬ααα αααΈααααΌαΏα α αααΈα‘αα»ααΈα±αααΌααΈαααΈα α‘αααΈα α‘ααΈα±αα¬ααΈα αααΈ ααααΈα‘αααΈα α±αααΌααΈααααΈααα αα±ααααΈαα«α
αααΈα‘αααα α₯α DPTSC αααΈα±αα¬ααΈα α‘αααΈα α‘αααΈαα±ααααα¬ ααΌααααΈα±αααΌααΈα±α α±αα¬αΈααααα ααα±αα¬ααΈαααΈαααΈα
(α) DPTSC αααΈα±αα¬ααΈα α‘αααΈα α‘αααΈαα±ααααα¬ααΌααααΈα±αααΌααΈα±α α±αα¬αΈαααααΈ ααΈααΈαΎαα¬ααα
αααΈααααΌαΏα α αααΈα‘αα»ααΈα±αααΌααΈαααΈα α‘αααΈα α‘ααΈα±αα¬ααΈα αααΈ αααΈα±αα¬ααΈα α‘αααΈα α±αααΌααΈααααΈααα αα±ααααΈαα«α αααΈα‘αααα α₯α ααα¬α αααΈα±ααααΈαααΈα α₯αΈααα αααΈαααΈααα±αα¬ααΈ
α±αααΌααΈαααΈαααΈα
αα REGDP α‘α±αα¬ααΈα‘αααΈα±αα¬αΈαααΈααΌααΈ αααΈα±αα¬ααΈα±ααααΈαααΈααΌ ααααΈαααα¬
() REGDP α‘α±αα¬ααΈα‘αααΈα±αα¬αΈα±αα¬ααΈαααΈααΌααΈ αααααΈα±ααΌα¬αΈαααΈααα¬α±αα¬ ααααααΈ α±αα¬ααα«αααΈαα¬α±α αααΈ α αααα¬α±αα¬ α±αα¬ααΈαααΈα±ααααΈαα¬ααααΈαααα¬α αααΈαΎαα¬αα¬αα»ααΈ
αααΈααααΈαααΈαα¬αααΈ αα α₯ααΈα₯α α₯α¬αα¬α ααΌααααΈαααΈααααΈαα¬αα»ααΈ αααΈααΌααΈαααΈααΌααΈαααα»ααΈαααα¬α‘α±αα αααΈαΎαα¬αααα¬ α‘αααΈαααΈαα αΈαααΈα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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αα ααα«ααααΈαααΈαα¬ ααΌααΈ α₯αα±αα±ααα¬ αα±αα¬ααΈ
α.α ADB α ααα«ααα¬ααΌααΈ αααΈαα¬αααΈαα ααα«ααα¬ α±α α ααΈα±αα«ααΈααααΈ
ααα ADB αΏα SPS ααΌααΈ αα¬ααααΌααΈααα΅ααα«α αααΈαααΈα±ααα¬ααα¬αααΈαααΈαα¬ αααΈαα¬αααΈαα α₯αα±ααα¬α‘αΎαα¬ αα»α¬ααααΈαα¬α TL ααα‘α¬ αααΈα±αα¬ααΈαα¬αα»ααΈ αα«αααΈαααΈ
αααΈαααΈα±ααα¬ααα¬α±ααα α₯αα¬ααΌααΈ αα±αα¬αΈααα‘α±ααα‘α±αααα¬ α‘ααααΈααααΈαα¬αα«αααΈ (ααα¬ αΏα )α ααααααααΈαααΈαααα¬α‘α±αα α ααααΈα ααααΈαααα¬ααΌααΈ αααΈαααΈα±αα¬ αα α₯αααΈαα¬ααΌα¬
α±α‘α¬ααΈαα«α‘αααΈαα αΈαα«αααΈ () α±ααα¬ααααα (αΏ) TL α αΎαα€α‘αα»ααΈ αααΌαααΈαα¬ααΌααΈ αα αΈαααΈαα¬
αα¬αααααααΈ (α) α‘α±αα¬ααΈα‘α‘αα¬ααααααΈ (α) TL α±αΎαα¬ααΈ α±ααα¬α‘αααααΈαα αα αΈα ααΈαα αΈαααΈα‘αααΈαα‘αααΈαα¬ααΌαα¬αααΈ (α) αα¬αα«αααΈα α±α‘α¬ααΈα±αα αααΈα±αα¬ααΈαα¬αα»ααΈ
α ααΈααααΌαα¬ α‘αΏααααΈ ααααααΈ (α) αααΈαααΈαααΈαααΈαααΈ α‘α±αα¬ααΈα‘α₯αα¬ ααΌααΈ α‘αα¬α‘αα¬ααΌαααΈ αααΈα±αα»αα¬ αα¬αααααα (α) ααααΈα±αα¬ αααΈαααΈαααα¬α‘αα»ααΈ α±αα¬αΈα±αΎαααααΈαα¬ (α ) ααααΈααα±αα¬
α‘ααΈα αα¬αα α‘α±αα¬ααΈα‘α ααΌααΈ (α) ααααΈααα±αα¬ αααΈααα¬ααΌααΈ αααΈαααΈα±αα» α±αα» αααΈ αα‘ααΈααα
ααα αα¬ααααΌααΈααα΅ααα«α αααΈαααΈα±ααα¬ααα¬αααΈααΌααΈ ααα¬αααΈαααΈα±αα¬ α₯αα±ααα¬ αααΈαα¬αααΈααα»ααΈ
αααΌαα«α ααα±αα¬αΈ α ααααΈαα« αα α₯αααΈαα¬ααΌααΈ αα±αα¬αΈα±αα¬ α₯αα±α α α ααΌαα«αααΈ () αααΈα±αα¬ααΈα αααΌααααΈαα¬αααΈαα±αα¬αΈ αΏα αα»αα ααΈαα‘α±ααα₯αα±α (αΏ) αΏ αααΌα αΈ αααΈαα¬α±αα₯αα±α (α)
αΏα αααΌα αΈ αααΈαααΈαααΈααααΈαααααΈα α αΈαααΈαααΈαα¬ αααΈααααΈαααΈ (α±αΎααα¬αααΈα‘ααΌααΈ αα/αΏα)α αααΈααα»ααΈααΌ α±αα‘α¬αααααΈαααΈαααΈααΌααΈαααΈ αααΈαα±αα¬αΈαα αΈα±αΎαα¬ααΈ αααΈα±αα¬ααΈα αααΌααααΈαα¬αααΈαα±αα¬αΈ
αα»αα ααΈαα‘α±ααα₯αα±αα αααΈααΌααΈαα¬αα«αααΈ (α‘αααΈ αα)α αΏαΏ αααΈαα¬α±αα₯αα±α ααααΈ LUC αααΈ αααΈαα¬α±ααα¬α‘αααα»ααΈα±αα‘ααΈαααΈα αααΈααΌααΈααα¬ααΈαααΈαααΈ α±αα‘α¬αα αααΈαα±αα¬αΈα
αααΈαααΈα±αΎαα¬ααΈα αααΈαα±αα¬αΈααα¬αα«αααΈα LUC αααΈ α‘α±ααα‘α¬αααΈ αα¬αααΈα‘αααα»ααΈαα¬αα αΈαΏα ααα»α¬αααΈα‘αα αΈ αααΈααΌααΈα±ααααΈααααΈαα«α LUC αααΌαααΈ αα‘ααΈα±αα¬ αααΈααααΈαααΈαα¬α±αΎαα¬ααΈ
α‘ααΈα±αα¬ααΈα αααΈαα»ααΈ αααΈ LUC αααΌαΎααα«α α‘αααΈα α±αα αααΈαα±αα¬αΈα αααΈαααΈααααααΈ α‘ααα«α±αα±αααα»ααΈ αα±αα¬ααΈαα¬α±αα¬ αααΈαααΈαααα¬α‘αα»ααΈ LUC αααΈα±αα¬ααΈαα¬αα βαααΈα±αα¬αΈα±αα¬
α±αα¬αΈα±αΎαβ α±αα‘ααΈααααΈα α₯αα±ααα»ααΈ ααα¬ααΈαα¬αα«αααΈ (α‘αααΈ αΏα)α
ααα αΏα αααΌα αΈ αααΈαααΈαααΈααααΈαααααΈα α αΈαααΈαααΈαα¬αααΈααααΈαααΈαα¬αααΈ αααΈαα¬αααΈαααΌ α₯αα±ααα¬ααΌααΈ ADB α αα¬αα»ααΈα±α α¬ααΈα±ααΌα¬ααΈαααααΈαα¬ααα«ααααΈαααΈα±αΎααα¬αααΈ (αΏα) α‘αΎαα¬ααΌ
αα»α¬ααααΈαα¬α α±αα«ααΈαα±αααααΈ α‘α±ααα«αα«αααΈα αα»α¬ααααΈαα¬α α±αα«ααΈαα±αα±αα¬ αααααΈ α±αα¬αΈααααΈααΌα¬ α±α‘α¬ααΈαα«α‘αααΈαα αΈαα«αααΈα
α‘ααΈαα¬α±αααα±αα¬ααΈααα ααααααΈ αααΈαααΈαα¬ααα»ααΈα αα¬α‘α±αα αααααΈα±αα¬ααΈααααΌαααΈα±αα¬
α ααααΈαα¬αααΈαα¬ ααααΈααα α₯αα¬ααΌααΈ α ααΈαα₯αΈα ααα¬αααΈααααΈαααΈ αααΈαααΈαααΈααα α‘ααΈαα¬α±αααα±αα¬ααΈααα ααααααΈ αααΈαααΈαα¬ααα»ααΈα αα¬α‘α±αα ααααΈααααΌαααΈαααΈ α ααααΈαα¬αααΈ
αααΈαααΈαα¬αααΈαααα¬ααα¬α ααα¬ αααΈαααΈαααΈ αααΈααααΈαααΈαα¬α αααΈαα¬α±αα¬ααΈαα»ααΈααααΈα αααΈαα ααα¬αααΈααααΈαααΈαα¬αααΌαααΈ αααΈα ααααΈα‘α¬ααααΈ
ααα¬α»ααααΈα‘ααΈα α α‘α¬ααΌαα»ααΏαα±ααααΈα‘αα«α‘αααΈ α‘αααΈαααΈαααΈαα¬ααα¬α±α α‘αα»αα‘α ααΈαα¬α
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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αααΈααα¬α±αα¬ ααα΅ααα«α±αα¬α±ααα¬α±αα¬ααΈα±ααααααααΌααΈ αααΈαααΈαα¬ααα»ααΈα αα¬αααΈαα¬
α‘αααΈαααΈαααΈαα¬ α‘α±αα‘αααΈα±αα¬ααΈαα¬α αααΈαα¬α±αα¬ααΈαα»ααΈααααΈ (α‘αααΈ α)α
ααα ααα‘αααΈ α ααααΈαααααΈαααΈαααΈαααΈααΌααΈ α‘α±αα¬ααΈα‘αααΈα±αα¬αΈα±αα¬ααΈαααΈαααΈαααΈα α₯αΈα
α‘α ααΈα‘αααΈα‘αα αΈ α‘αα¬αααΈα αα±αα«ααΈαα«αααΈα±αα¬ααΈαα»ααΈαααΈ αα‘ααΈαααΈα αΏα αααΌα αΈ αααΈαααΈαααΈααααΈαααααΈα α αΈαααΈαααΈαα¬ αααΈααααΈαααΈαα¬αα»ααΈ α‘αα‘α±ααα¬α±αα¬αΈααα¬αα«αααΈα
α±αα» α±αα» αααΈαααΈααααααΈ αα‘ααΈαααΈα α€α₯αα±αα α±ααα¬ (α) α±ααα¬αα»ααΈ α±αα¬αΈααα¬αα«αααΈ (α‘αααΈ αα αα ααα ααα ααα ααα αα α)α αα¬αα»ααΈα±α α¬ααΈα±ααΌα¬ααΈααααα«ααααΈαα¬ αααΈααΌααΈαααΈαα¬αααΈαα±α αααΈ
αααΈαααΈα±αα» α±αα» αααΈααΌααΈ αα±αα«ααΈαα«αααΈα±αα¬ααΈαα»ααΈαααΈαα¬αααΈ α‘αααα±αΎαα¬ααΈ ADB αα¬αα»ααΈα±α α¬ααΈα±ααΌα¬ααΈααααα«ααααΈαα¬ αααΈαααΈα±αΎααα¬αααΈ (αΏα) α αααα«αααΈ (α α¬αααΈ ααΏ)α ADB
αα¬αα»ααΈα±α α¬ααΈα±ααΌα¬ααΈααααα«ααααΈαα¬ αααΈαααΈα±αΎααα¬αααΈ (αΏα) αα« αα±αα¬αΈα±αα¬ αα‘ααΈαααΈαα¬αααΈαα±α αααΈ REGDP α αααΈα±αα¬ααΈαααΈαα αΈαααΈ (ααα¬ ααΏ)α
αααΈαα‘ααΈαααΈαα¬αααΈαα±α αααΈαααΈ α ααααΈα‘α±ααααΈ αααΈαα±αα¬αΈα₯αα±ααα¬α αααΈαα¬α±αα¬ααΈαα»ααΈαααΈαααΈ αα αΈα±ααααΈα
ααα¬ α - TL α±αΎαα¬ααΈ ααααΈαααα¬α ADB αα¬αα»ααΈα±α α¬ααΈα±ααΌα¬ααΈααααα«ααααΈαα¬ αααΈαααΈα±αΎααα¬αααΈ (αΏα) αα« αα±αα¬αΈα±αα¬ ααα¬ααΈαααΈαα¬ ααΌααΈ REGDP αααΈα±αα¬ααΈαααΈαα¬
αα α₯αααΈαα¬ ααααΈαααα¬α ADB αα¬αα»ααΈα±α α¬ααΈα±ααΌα¬ααΈααααα«ααααΈαα¬
αααΈαααΈα±αΎααα¬αααΈ (αΏα)
REGDP αα«αααΈα±αα¬ααΈαααΈαα¬
α±ααα¬ α‘αΏαα‘αααΈ ααααα
αααααΈαααΈα±αα¬ α‘ααΈα α±α ααΌααΈ α‘αα¬αααΈαααΈαααα¬α‘αα»ααΈ α±αα¬αΈα±αΎαααααΈαα¬α α‘αααΈα‘α αααΈαααΈα‘α α¬ααααΈα±αα¬
αααΈααααΈ αα»ααΈαααΈαααΈαα αΈαααΈα αα»ααΈαααΈααα α±α‘α¬ααΈαα«αα
α‘α±αααα»ααΈ α‘α±αααααΈ () ααΌαα±αα¬α±α αα»ααΈα±αα«ααΈα±α (αΏ) α‘α±αα¬ααΈα‘αααΈααα¬αα»ααΈ αααΈα ααΈαααΈαα αααΈαα¬ (α) α‘αα±αα»
(α) α‘αα‘α±αα¬ααΈααΌααΈ αααΈαααΈαα±αα¬ααΈα±αα αααΈαα¬ (α) α‘αα¬ α‘ααααΈα±αα¬ α±ααααΈααΌα±αα»αα¬α α‘αααΈα ααΌααααΈ
(α±αα¬ααΈαααΈαα» αΏα α α¬αααΈ )
α‘αααΈα‘ααααΈαααΈα‘α α¬ααααΈα±αα¬αααΈααααΈ α±ααα¬α±αα¬αΈα±αΎαα±ααα
αα»ααΈαααΈααα α±α‘α¬ααΈαα«ααα‘α±αααα»ααΈ
α‘α±αααααΈ ()
ααΌαα±αα¬α±α αα»ααΈα±αα«ααΈα±α (αΏ) α‘α±αα¬ααΈα‘αααΈααα¬αα»ααΈαααΈα ααΈαααΈ
αα αααΈαα¬ (α) α‘αα±αα» (α) α‘αα‘α±αα¬ααΈααΌααΈ
αααΈαααΈαα±αα¬ααΈα±αα αααΈαα¬ (α) α‘αα¬ α‘ααααΈα±αα¬
α±ααααΈααΌα±αα»αα¬α α‘αααΈα ααΌααααΈ
α‘α±αα¬ααΈα‘α‘ α‘αΏαα‘αααΈααααα
αααααΈαααΈα±αα¬ α‘ααΈα α±α ααΌααΈ α‘αα¬αααΈαααΈαααα¬α‘αα»ααΈ α±αα¬αΈα±αΎαααααΈαα¬α α‘αααΈα‘α αααΈαααΈα‘α α¬ααααΈα±αα¬ αααΈααααΈ αα»ααΈαααΈαααΈαα αΈαααΈα αα»ααΈαααΈααα α±α‘α¬ααΈαα«αα
α‘α±αααα»ααΈ α‘α±αααααΈ () ααΌαα±αα¬α±α αα»ααΈα±αα«ααΈα±α (αΏ)
α‘αααΈα‘ααααΈαααΈαααΈα±αα¬ααΈαααΈ α±αα¬αααΈααααΈ α‘α±αα¬ααΈα‘α₯α α±αα¬αΈα±αΎαα±ααα
αΏααααΈαα¬α±αα¬αα α₯ααΈαα¬α
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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αα α₯αααΈαα¬ ααααΈαααα¬α ADB αα¬αα»ααΈα±α α¬ααΈα±ααΌα¬ααΈααααα«ααααΈαα¬ αααΈαααΈα±αΎααα¬αααΈ (αΏα)
REGDP αα«αααΈα±αα¬ααΈαααΈαα¬
α‘α±αα¬ααΈα‘αααΈααα¬αα»ααΈ αααΈα ααΈαααΈαα αααΈαα¬ (α) α‘αα±αα»
(α) α‘αα‘α±αα¬ααΈααΌααΈ αααΈαααΈαα±αα¬ααΈα±αα αααΈαα¬ (α) α‘αα¬ α‘ααααΈα±αα¬ α±ααααΈααΌα±αα»αα¬α α‘αααΈα ααΌααααΈ
(α±αα¬ααΈαααΈαα» αΏα α α¬αααΈ )
αααααΈαααΈαα»ααΈ
ααα±αα¬ααΈα±ααααΈααΌααΈ α‘α±αααα»ααΈαα±αα¬ααΈαα±αα»
αααΌ ααΌααΈ αα αΈαααΈαα¬ αα¬α ααΌααΈ α‘αΏαα‘αααΈ ααααα
αααΈα±αα» ααΌααΈ α‘αααΈα±αα» αααΈα±αα¬ααΈααααααα¬α α‘αααΈα‘α αααΈαααΈα‘α α¬ααααΈα±αα¬αααΈααααΈ αααΈαααΈα±αα±αα¬αΈαααΈα ααα‘αααΈ αα±αααα±αα¬ααΈααα‘α±αα‘α±αααΌααΈ ααΌα₯αΈαααΈ αααΈααα
αα±αααα‘αααΈα‘αααΈ ααα±αα¬ααΈαα»ααΈα±α αααΈ ααααααΈ α‘αααΈα ααααααΈα‘α±αα‘α±α αααΈαααΈαααΌα±α αααΈ α‘α±αα¬ααΈα‘ααα¬α±ααααΈ
(α±αα¬ααΈαααΈαα» αΏ α α¬αααΈ αΏ)
αα¬αα‘αααΈ αααΌαα¬α‘αα»ααΈ α±αα¬αΈα±αΎαααΌα¬ ααα¬αα α¬αααΈαααΈαα ααΌααΈ αα αΌαααΈα
αα¬αα¬αααΈαα¬α‘αα»ααΈ α±αα¬αΈα±αΎαααΌα¬ α ααΌα αΈα α¬ α‘αα»ααΈααα¬αααΌααΈ ααααΈα
ααααΈα α¬αααΈαα¬α‘αα»ααΈα±αα¬αΈα±αΎαααΌα¬
α ααΌα αΈα α¬ α‘αα»ααΈααα¬ααα αΈαααΈα
α‘αααΈα‘αα‘α α¬ααααΈα±αα¬ αααΈααα»ααΈ αααΈααΌααΌααΈααΌαααα¬ααΌααΈ
ααααΈααααααΈαα‘α αααΈαααΈααα αααΈαα¬αα«αααΈαααΈα
TL α±αΎαα¬ααΈ α±αα‘αααα
αα αΈα ααΈαα αΈαααΈ α‘αααΈαα‘αααΈ
α‘αα¬α‘ααα αΈαααΈ
ααα΅ααα«α α±ααα¬α‘ααααα‘αααΈαα‘αααΈα‘αα¬α‘αααΌααΈ αΎαααααΈαα»ααΈ ααα΅ααα«αα‘ααΈαα¬α±αααα±αα¬ααΈααααΈαααΈαα¬
αα‘ααΈαααΈαα¬α α‘αααααΈ (α±αα¬ααΈαααΈαα» αΏ α α¬αααΈ α)
ααααα»α¬α±αα¬αααΈαααΈαααα¬ααΌααΈ αααΈααα αααΈαααΈαααααΈααα¬α
α‘α α¬ααααΈα±αα¬αααΈααααΈ α±αα±αα¬αΈαααΈα
α‘αααΈα±αα» αααΈα±αα¬ααΈαα αααΈαααΈαα±αα¬ααΈα±αααα¬αα¬α
α ααΈαα±ααααΈαααα¬αααΌααΈ αα±αα«ααΈα±ααα»αα¬
ααααΈα±αα¬α‘ααΈα±αα¬ααΈα αα¬α ααα‘αααααΈαααΈα
α‘ααΈαααΈααα¬αααΈαααΈαα¬ α‘α±αα ααΈααααΈαα αΏαα ααΌ αααΈα±αα¬ααΈαααΈαα αΈαααΈ
αα»ααΈααα¬α±αα¬ REGDP ααΏααα‘αα¬α±αα» αααΈαα»ααΈ αααΌαα¬α
ααααΈαααΈα
αα»ααΈααα¬α±αα¬ REGDP α‘αα»ααΈαα»ααΈ
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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αα α₯αααΈαα¬ ααααΈαααα¬α ADB αα¬αα»ααΈα±α α¬ααΈα±ααΌα¬ααΈααααα«ααααΈαα¬ αααΈαααΈα±αΎααα¬αααΈ (αΏα)
REGDP αα«αααΈα±αα¬ααΈαααΈαα¬
αααΈα±αα»ααααααΈαα¬α±αα¬αΈααΌ
αααΈααααΈα±αα» α±αα α»ααΈαααΈαααΈ αααΌαα¬α α±αα¬αΈααα¬αααΈα
α ααΈαα«αααΈα α¬ααααΌααΈ αα«αααΈα±αα¬ααΈαα»ααΈααα ααΌααΈαααΈαααΈ α‘αααΈα«ααΈαααΈαα±αα¬
αααΈαααΈα±αα» α±αα» αααα¬α AH αα¬ααΌααΈ
ααααΈαα»α¬αααΈα
α αα»α¬α±α α‘α±αα¬ααΈα‘α‘αα¬ααΌααΈ αααΈα±αα»ααααααΈ
α αα»α¬α±ααα‘α±αα¬ααΈα‘α‘αα¬α αααααΈαααΈααααΈα‘αα« ααααΈααα±αα¬ α αα»α¬α±ααααΈαααΈαααΈααΌααΈαα¬αααΈ αααΈααα αααΈαααΈαα¬α αααΈαααΈαα±αα¬ααΈαααΈ αααΈαα αααΈαα¬α
α‘αα‘α±αα¬ααΈαα¬ααα»ααΈ αααα±αα¬α‘αα¬αααΈαααΈα±αα»αα¬α α±αα¬ααΈα±ααα αααΈαααΈα‘α±ααααΈααααΈ αααΈαα αααΈαα¬ααα
αα α¬αα»ααΈααΌαααΈ (α±αα¬ααΈαααΈαα» αΏ α α¬αααΈ αΏ)
αααΈα αα»α¬α±αα¬α‘α±αα¬ααΈα‘α‘αα¬ ααΌααΈ ααααα»α¬α±αα¬αααΈα±αα»α‘αα»ααΈ α±αα¬αΈα±αΎαα α±αα¬ααΈα±ααααααΈα‘αα»ααΈ
α‘α±αα¬ααΈα‘αααα α±ααααΈα
α‘α±αα¬ααΈα‘α‘α±αα¬ααΈααΌ αααααΈα±αα¬ αα α₯ααΈαα¬ααααΈ αααα»ααΈα±ααααΈα
ααααΈα±αα¬ αααΈαααΈαααα¬α‘αα»ααΈ
α±αα¬αΈα±αΎαααααΈαα¬
αααααΈαααΈα±αα¬ α‘ααΈα α±α ααΌααΈ α‘αα¬αααΈαααΈαααα¬α‘αα»ααΈ α±αα¬αΈα±αΎαααααΈαα¬α α‘αααΈα‘ααααΈαααΈα‘α α¬ααααΈα±αα¬
αααΈααααΈ αα»ααΈαααΈαααΈαα αΈαααΈα αα»ααΈαααΈααα α±α‘α¬ααΈαα«αα α‘α±αααα»ααΈ α‘α±αααααΈ () ααΌαα±αα¬α±α αα»ααΈα±αα«ααΈα±α (αΏ)
α‘α±αα¬ααΈα‘αααΈααα¬αα»ααΈ αααΈα ααΈαααΈαα αααΈαα¬ (α) α‘αα±αα» (α) α‘αα‘α±αα¬ααΈααΌααΈαααΈαααΈαα±αα¬ααΈα±αα αααΈαα¬ (α) α‘αα¬
α‘ααααΈα±αα¬ α±ααααΈααΌα±αα»αα¬α α‘αααΈα ααΌααααΈ (α±αα¬ααΈαααΈαα» αΏα α α¬αααΈ )
α‘αααΈα‘ααααΈαααΈαααΈα±αα¬ααΈαααΈ α±αα¬αααΈααααΈ αααΌαα¬α
αα αΈαααΈαα¬ααΌααΈ α‘α±αα¬ααΈα‘α‘αα¬α α±αα¬αΈα±αΎαα±ααα
αααΈα±αα¬ααΈααααααα¬α‘αααΈ
ααααΈαα»ααΈα±αα¬ α‘ααΈα αα¬α
αααΈαα»ααΈαα
ααααΈαα»ααΈα±αα¬αααααΈαα¬α‘αα»ααΈ αααΈαααΈα±ααα¬ααα¬α±α α‘α α‘α α₯αΈαα»ααΈ ααα¬α‘α±αα¬ααΈα‘ααα¬α±ααααΈ α‘α α‘α α₯αΈαα¬
αααΈαα»ααΈαα¬αα«αααΈα ααααΌαα¬ αααΈαααααΈ α ααααΈααααΈα α‘α±αα‘α±αααΌααΈ ααααΈααΌα₯αΈαααΈ αααΈααα αααΈα±αα»αα¬ ααααΈα±α‘α¬ααΈ
αααΈα±αα¬ααΈαααΈαααΈαα αΈαααΈα (α±αα¬ααΈαααΈαα» αΏ α α¬αααΈ αΏ)
α ααΈαα±αα» αα±αα‘α±αα¬ααΈα‘αααΌααΈ α±ααααΈαααΈαΎαα¬α±ααααΈ
α ααααΈα‘αααΈα‘αααΈαα¬αα»ααΈ α₯α α¬α±ααααΈααα¬αααΈ
α±αα¬αΈα±αΎαα‘αααΈ
α±αα»α±αΎαα‘α±αα¬ααΈα‘αα±ααααΈ
α‘αααΈα‘αααΈ αααΈαααΈαααΈ ααΌααΈ
αααΈαααΈα±αα» α±αα» αααΈ αα‘ααΈαααΈ
αααΈαααΈα±ααα¬ααα¬α±ααααΈαα¬α‘αααΈα‘αααΈαα¬α ααααΈααα±αα¬ααα¬ αα¬αααΈαα»ααΈα±αα¬αα α αα¬αα¬α αα¬
αααααΈ α‘αα»ααΈααα±αα»ααααΈαααΈα±αα¬α±ααα¬α αααΈα±αα¬αΈα±αα¬ α‘αααΈαα»ααΈ α±αα¬αΈαα±ααα¬ααααΈα ααα΅ααα«α αααΈαααΈα±ααα¬
ααα¬αααααΈ ααααΈαααα¬αα«αααΈαααΈ α ααααΈα‘αα»ααΈ α‘αααΈα«ααΈαααΈαα±αα¬ αααΈαααΈα±αα» α±αα» αα»αα¬α αααΈαααααΈα
α‘αααΈα‘αααΈαααΈαααΈαααΈααΌααΈ αααΈαααΈα±αα» α±αα» αααΈαα¬α αααΈααα¬
ADB ααΌααΈ αααΈαα±αα¬αΈα α₯αα±ααα¬α αα‘ααΈαααΈαα¬ααΌααΈ αααΈαα±α αααΈ
α‘αααΈα«ααΈαααΈαα±αα¬ α±αα» α±αα» αααΈαααΈαα»αα¬α
αααΈα±αα¬αΈα±αα¬ αα¬αα¬α αα¬α
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
Page58
αα α₯αααΈαα¬ ααααΈαααα¬α ADB αα¬αα»ααΈα±α α¬ααΈα±ααΌα¬ααΈααααα«ααααΈαα¬ αααΈαααΈα±αΎααα¬αααΈ (αΏα)
REGDP αα«αααΈα±αα¬ααΈαααΈαα¬
α α¬αα»ααΈα α¬αααΈααΌααΈ α
α‘α±αα¬ααΈα‘ααααααΈ αααΈαα α α₯αΈααααΈα
αααΈααΌααΈααα¬α α±αα±αα¬ α‘αα¬ααααααα¬
α±αα»α±ααααααΈ α±αααΌαα»α α‘αα¬αααΈαααΈαααα¬ααααα (α‘α‘ααΈα αααΈ) ααΌααΈ α‘αα¬α±αα±αααα»ααΈ αα±αα¬ααΈαα¬α±αα¬α‘αα¬αα¬α‘αα»ααΈ α‘αααΈα‘ααααΈαααΈ
α‘α α¬ααααΈα±αα¬ αααΈααααΈ α±αα¬αΈα±ααααΈαα αΈαααΈα (α±αα¬ααΈαααΈαα» αΏ α α¬αααΈ α )
α±α αΌα¬αΈαααΈααα¬α±αα¬ ααα΅ααα«αα±αα»ααΎαααααΈ ααααΈαααα¬ααΌαα¬αααΈα‘αα«
ααΌααΈαααΈαααΈα α±αα¬ααα«αααΈα±α‘α¬ααΈα±α αααΈαα
αα αΈαα¬α±αΎαα±αα‘ααΈαααΈαα¬ α±αα¬ααΈαα»ααΈαααΈαα αΈαααΈ
α‘α±αα¬ααΈα‘ααα¬ ααΌααΈ α±ααααΈαααΈαααΈα±ααααΈαα¬α α‘αα‘α α¬ ααΌααΈ α‘αααΈα‘αα¬ααα‘α¬ αα‘ααΈαααΈα‘α±αααα»ααΈ α‘α±ααα αααΈα±αα¬ααΈαα»α¬αααΈαα αΈαΏα αααΈα αα αΈαα α±ααα¬αααα¬ ααΌααΈ α‘ααΈα±αα¬ααΈα α‘αααΈ α±αα»α±αα» αααΈαααΈαααα¬α α‘α±ααα ααααΈαααΈ
αα αΈαα«αααΈα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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α.αΏα REGDP α±ααα»α±α ααΌααΈ α‘α±αα¬ααΈα‘αααΈα±αα¬αΈα±αα¬ααΈα±αααα¬
αα α αααΈαααΈα±ααα¬ααα¬αααΈααΌααΈ αα¬α±ααααΈαααΈαα¬ααα»ααΈα αα¬α‘α±ααααααΈαααα¬ααΌαααΈα±αα¬ α ααααΈαα¬αααΈ ADB ααΌ ααα¬ααΈαα¬α±αα¬ α‘αααΈαα¬α‘αα«α‘αααΈ αααΈαααα¬α‘α±αα‘αααΈα±αα¬ααΈαα¬α
αααΈαα¬αααΈα±αα¬ααΈαααΈ αΏα αααΌα αΈ αααΈαααΈαααΈααααΈαααααΈα α αΈαααΈαααΈααααΈαααΈαα¬αα»ααΈ ααα¬ααΈαα¬ααααΈ REGDP α±ααα»αααΈααΌααΈ α‘α±αα¬ααΈα‘αααΈ α±αα¬αΈα±αα¬ααΈαααΈαα¬α ADB α
αα¬αα»ααΈα±α α¬ααΈα±ααΌα¬ααΈαααααΈαα¬ ααα«ααααΈαααΈα±αΎααα¬αααΈ (αΏα) αα»ααΈ αα«ααΌαααΈ αα±αα¬αΈα±αα¬ ααα«ααα¬α αααΈααααΈαααΈαα αΈαα«αααΈα αααΈααα«ααα¬αααΈ ADB αα¬αα»ααΈα±α α¬ααΈα±ααΌα¬ααΈαααα¬α αααΈαα»ααΈαααΈ ααα
αααΌα±α αααΈ αααΈαα»ααΈαα«αααΈ () α ααααΈαα¬α±αΎαα¬ααΈ αααΈαααΈαααΈααΌααΈ ααααΈααα±αα¬ αααΈααα¬α‘α±αααα»ααΈ αα±αα¬ααΈα±αα¬αααα¬α αα αΈαααΈαααΈ α±ααΌα¬ααΈααΌα¬αααΈ (αΏ) α‘αααΈα α±ααΌα¬ααΈααΌα¬αααΈ ααα αΈαααΈααααΈ
α ααααΈα±αΎαα¬ααΈ αααΈαααΈαααΈααΌααΈ ααααΈααα±αα¬ αααΈααα¬α‘α±αα αα±αα¬ααΈαααΈ αααα¬α α‘αααΈααα αΈα±α αααΈ α±αα¬ααΈαα»ααΈα αα α¬α α±αα¬αΈα±αΎαα±ααααΈαα¬ αααΈα±αα¬ααΈαααΈ (α)
α±αα»α±αααα‘αα»αα‘α ααΈα‘α±ααααΈ αααΈααα αα¬αα»ααΈα±α α¬ααΈα±ααΌα¬ααΈααα αα αΈαα¬α ααααααΈα±α‘α¬ααΈα±αα¬ααΈαα»ααΈαααΈααΌααΈ ααα¬ααααΈαααΈαααΈα αααα±ααααΈαα¬ α‘ααααααΈα±ααα¬α
α ααααΈααα»αααΈα±αα¬α α»ααΈαααΈα αα»ααΏαα±α α±αα±αα¬ααΈαα»ααΈαααΈαααα»ααΈ α‘αα‘αα±ααααΈα
ααα α‘ααα«ααα¬α αααΈααα¬αα»ααΈ ADB α αα¬/ααααΈαα¬ααΌααΈ αα»ααΏαα±αααα«ααααΈααΌααΈαααΈαα¬α αααΈαα»ααΈα α₯αΈα α¬ αα«αααΈα αααΈαααααΈ αα¬/α αααΈαα¬ααΌαααα ααΌααΈαααΈαα¬ α‘ααααα¬
αα«αααΈα±αα¬ααΈαα»ααΈααΈααΈα±α αΏα αααΈααα αα‘ααΈαααΈαα¬α α‘αα‘αααΈααααΈ αααΈαααΈα α₯αΈαα»ααΈ ααΌααΈααΌααΈαααΈαααΈ α±αα¬αΈααα¬αααΈαααΈαα»ααΈαα«αααΈα αααΈααα¬ααΌα¬ α±α‘α¬ααΈαα«α‘αααΈαα αΈαα«αααΈα
() α‘αα¬α±αα» αααΈαααΈαα»ααΈ α ααααΈαα αα¬ααΌααΈ α ααααΈαααΈα±αα‘αα»ααΈααΌ αααΈαααα‘α±αα ααααΈαα α‘αααΈααα αΈα±α αααΈαααΈ αααΈα±αα¬αΈα±αα¬ αααα±αα α αα»α¬α±αα αααΈαααΈαααΈαααΈα±αα¬ααΈαα»ααΈαααααΈαα¬α
α‘αα€ααΈααα¬αααΈαααΈαα¬ αααΈαααΈα‘α±ααα¬α ααΌα¬α±αα»αα¬α α±αααΌααΈ α‘αα¬αα α₯ααΈα₯α α₯α¬αααΈαααΈαααα¬α
αααααΈαααΈαααΈ ααΌααΈ αα‘αα¬α α±αααα±αα¬ααΈα±ααα¬ααα¬αααΈααα α±ααΌα¬ααΈααΌα¬ ααααααΈ αααΈαααΈαααΌα‘αααΈααα αΈα±α αααΈ αααΈα±αα¬ααΈαααΈα
(αΏ) α ααααΈαα¬α±αα¬ααΈαααΈα αααααΈα±ααΌα¬αΈαααΈααα αΈα±α α ααααΈα‘αα»ααΈαα«αααΈα±αΎαα¬ααΈ αααααΈαααα αΈα±α
α±ααα¬α αααααΈααΌααΈαααΈαααΈαααΈα±αα¬ααΈαααΈααααΈα
(α) α α αΈαααΈα±αα¬ααΈααααΈααΌααΈ DMS α±αα¬ααΈαα»ααΈα α₯αΈα‘αα»ααΈ ααααΈα±αα¬αααΈα±αα‘αα»ααΈαα»ααΈ α±ααααΈα
α‘αααΈαααΈαααΈα α αα»α¬α±αα±αα¬ααΈαα»ααΈ ααααααΈ α ααΈααααΈααΌα±αα¬ ααααΈαααααΈ α‘ααΈα±αα¬ααΈα αα¬αααΈ αααΈαα ααααα»α¬α±αα¬ αααΈαααΈαααα¬α αααΈα±αα»αα¬α α αα»α¬α±ααααΈαααΈαα¬α αααΈαααΈα‘α α¬ααααΈα±αα¬αααΈααααΈ
α±αα¬αΈα±αΎααααΌαααΈ αα α¬αα»ααΈααΌαααΈα ααα‘αααΈ α ααααΈααααΈαα ααΌαα±αα¬ α±ααααΈααα‘αααΈα‘αααΈα αααΈα±αα»αααΌαααΈα‘αααΈα‘αα¬α αααΈαααΈαααΈααα‘α α»ααΈαααΈ ααα±αα¬ααΈαα»ααΈ ααααααΈ α‘αααΈα ααα‘α±αα‘α±ααα
αααΈαααΈα±αα¬ααΈααΌαααΈα±α αααΈ α‘α±αα¬ααΈα‘ααα¬ααααΈ α±αα‘ααΈαααΈαα αΈαααΈα
(α) α±ααα¬αααΈαααΈααα‘αααΈα‘αααΈα αααα±αααΌααΈ α αα»α¬α±αα‘α±αα‘α±α ααΌααΈ αααΈαααΈα±ααα¬ααα¬α±ααααΈαα¬ αααΈααΌααΈαααΈαα¬αααΈαα±α α±ααα»ααΈ αα» αα¬αααΈααααα¬α±ααα±αα«ααΈα±α αααΈαααΈα αααΈαααΈ α‘αααΈα‘αααΈαα¬
ααΌα±α αα¬α ααααΈααα±αα¬ α‘ααΈα±αα¬ααΈα αα¬αααΈ α±αα¬αΈα±αΎαααΌααΈ αααΈαααΈαα±αα¬ααΈα±ααααΈαα¬ α‘α±αα¬ααΈα‘ααα¬α αα α¬αα»ααΈααΌαααΈα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
Page60
(α) TL αα ααααΈα α‘α±αα¬ααΈα‘αααΈα±αα¬αΈαααΈ ααΌααΈ α ααααΈαααΈαααΈαααΈα‘αααΈαα¬α‘αα»ααΈαα»ααΈ αααΈαα
αααααα ααααΈαααα α₯αα¬ααΌααΈ α ααΈαα₯αΈα ααααΈααα±αα¬α‘ααΈα±αα¬ααΈα αα¬α α‘αααΈα‘α αααΈαααΈα±αα» α±αα» αααα¬ ααααΈαα αΈαα¬ αα«αααΈα±αα¬ααΈαα»ααΈααΈααΈαααΈ α‘αα»ααΈα‘αααΈαα¬αααΈ α±αα‘ααΈαααΈαα αΈαααΈα
ααα‘αααΈ αααΈαααΈαααα¬α αααααΈαααΈαααΈα α‘αααααΈαα¬α‘αα»ααΈ α‘α α‘α α₯αΈαα¬ααααΈ ααααΈααα±αα¬α‘ααΈα±αα¬ααΈα αα¬ααΌααΈ αααΈαααΈα±αα» α±αα» αα»α‘αα»ααΈαα»ααΈ αααΈα±αα¬ααΈαααΈαα αΈαααΈα
αααΈα‘ααΈα±αα¬ααΈα αα¬αααΈ ααααΈα‘αααΈα‘αααΈαα¬α αααααΈαααΌαΎααααΈαα αΈαα¬ αα αΈαα¬α±αΎααα¬ααΌααΈ α‘αα¬α‘α±αα¬ααΈα‘ααα¬ααααΈ αααΌαΎααααΈαα αΈαααΈα
(α) α‘αααΈα ααααΈααα±αα¬ α‘ααΈα±αα¬ααΈα αα¬α αααΈαααΈ ααααααΈ α ααααΈααα»α±αα±αα¬ α‘αααΈα‘αα αΈ αα αΈα αα αΈαα¬ - α₯ααα¬α‘α¬αααΈ α‘αα¬αααΈαα αΈα±αα¬ α α¬αααΈα±αα±ααα¬ - α αααααΈ ααααααΈ
αααΈααα‘αααα»ααΈα α‘αα¬α‘α αα αΈα±α αααΈαα¬ααΌααα«α α‘αα¬α‘αα¬α α‘αααΈα‘αα αΈαα αΈαα αααΈααα‘α±ααααΈ ααα‘αααα»ααΈ α±ααα¬α±α αααΈ α‘α α‘ααα¬ αααΈαα»ααΈαααΈαααΈ ααααΈααα αα α¬αααΈ
α±αα¬ααΈαα»ααΈαα¬αα«αααΈα
(α) α‘α±αα¬ααΈα‘α‘αα¬α α‘α±αα¬ααΈα‘α‘α±αα¬ααΈαα¬αααΌ αααΈαααΈαααααΈα±αα¬αα α₯ααΈαα¬α αααΈαα αα¬ααααΈαα±αα¬ααα α‘αα»ααΈα‘ααα¬α ααααΈα±αα«ααΈαα»ααΈαα¬α α‘αα‘α ααΌααΈ α‘αα¬α αααΈαα¬α ααααΈααα±αα¬
α‘αα¬αααΈαααΈαααα¬α‘αα»ααΈ α±αα‘ααΈα±αα¬α±αα¬αΈα±αΎαα‘αααΈααΌ ααααΈααααΈααααΈαα«α
(α ) α‘αααΈα ααααΈααα±αα¬ αααΈαααΈαααα αΈα αα αΈαα¬α‘αα»ααΈ α±αα‘αααα»ααΈαααΈαα¬ α‘αααΈαα»α¬αααα αΈα±αααα¬αα«α αααΈαα α₯α αα REGDP αα»ααΈ αα«αααΈαααΈ
α‘αααΈαα±ααααα¬ααΌααααΈα±αααΌααΈα±αα αα αΈααΌααΈ αααΈαα»ααΈα±αααΌααΈαα«αααΈα
(α) αα¬ααα±αα¬ααα¬αα‘α¬αααΈ ααααΈα±αα¬ α±αααΌααΈ α‘α±αα¬ααΈα‘α‘αα¬α α ααααΈααααΈα α‘α±αα‘α±ααα
α±αα¬ααΈα±α‘α¬ααΈ αααΈαααΈαααΈα±αα¬ααΈα±ααααΈαα αΈαααΈα
() REGDP α±ααα¬α α₯αΈ ααΌααΈ α‘α±αα¬ααΈα‘αααΈα±αα¬αΈα±αα¬ααΈα α₯αΈα‘αα»ααΈαα»ααΈ αΎαα¬αα¬αααΈα α‘αααΈαα±ααα αΈαα¬αααα¬α α±αααΌααΈαααΈαα¬α‘αα»ααΈ αα±αα¬ααΈα±αα¬ α αα αΈαα¬ αα¬ααΌαα«αααΈα
() αααΈααΌααΌα±αα±αα¬ αααα±αα αα₯αΈα±αααααΌααΈ ααα»ααΈααΎαααΈαααααΈαα¬ α‘α±αα‘ααα¬α α±αα α¬αα«αααΈα
(αΏ) α‘αα»ααΈα‘αααΈαααΈααα»ααΈαα«αααΈα±αΎαα¬ααΈ αααα±αα α αα»α¬α±αα‘α ααααΈαα»ααΈα±αα¬ α‘ααΈα αα¬α
αα¬αα»ααΈαααΈα‘αα»ααΈ ααααΈααα±αα¬αα«αααΈαα¬α±α αααΈα αααΈα±αα¬ααΈαα ααα±αα¬ααΈαα»ααΈα±α αααΈ α±αα¬ααΈαα»ααΈαααΈαα¬α αααΈα α»ααΈαααΈα‘αα»ααΈ REGDP α‘αα»ααΈαα»ααΈ α‘αα‘α α‘ααα¬ αααΈαα»ααΈαα»α¬αα«αααΈα
(α) αα REGDP α αααΈαααΈα±ααα¬α α₯αΈα‘αα»ααΈαα»ααΈ αα±αα¬ααΈα±αα¬α‘αααΈα‘αα αΈαα¬α αααΈααΌααΈαα¬ ααααααΈ ααα»α¬αα«αααΈα αααΈαα»ααΈ αα±αα¬αααα¬α±αα¬ α ααααΈ α‘α±αα¬ααΈα‘αααΈα±αα¬αΈα±αα¬ααΈα±α
αα¬αα‘αα»ααΈ α±αα¬αΈα±αΎαα αααΈαααΈα±ααα¬ααα¬α±αα αααΈαααΈαα±αα¬ααΈα±ααααΈαα¬α αααΈαα¬α‘αα»ααΈ αα±αα¬ααΈαααΈ αααΈαααΈα±αα»α±αΎααααΈαα¬ α‘α±αα¬ααΈα‘αα‘αααΈ α±ααα¬αααααΈαααΈαααΈα
αααΈαααΈα±ααα¬ααα¬αααΈ ααΌααΈ αααΈαααΈαα±αα¬ααΈαααΈαααΈα±αα¬ααΈαααα¬α‘αα»ααΈ αααΎαααΈαααΈα αααΈαα»ααΈαααΈαααΈαααΈα α±α α¬ααΈαΎαααΈαααΈα‘αα»ααΈ αα±αα¬ααΈα±αα¬ ααα¬α‘αααΈα‘αα αΈαα¬ααααΈ
αααααΈαα αΈαα«αααΈα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
Page61
(α) αααΈαΈαααΈα±ααα¬ααα¬αα α ααααΈααα»α±αα αα αΈα α‘α ααΈα‘αααΈα‘αα αΈ αααΈα±αα¬αΈα±αα¬ α‘α αααΈααααΈα
α±α α¬ααΈαΎαααΈαααΈααΌααΈ α‘ααααΈαααΈα αα αΈαα¬α αααΈααΌααΈ αααΈα±αα¬ααΈαα¬ααΌαααΈαα αΈαααΈα
(α) REGDP ααααααΈ αααΈα α‘αα₯αΈαααΈα αααΈαα¬ ααΌααΈ αα»ααΈαα¬αα¬αα¬αα αααΈααααΈαα αΈαΏα ααααΈααα±αα¬
α‘ααΈα±αα¬ααΈα αα¬ ααΌααΈ α‘αα¬α ααΈαααΈα α¬α±αα¬ α‘ααΈα αα¬α‘α±ααααΈ αααΈαααααΈαααΈ αΏαααααΈ ααΌααΈ α±ααα»α¬α‘ααΈαααΈα±αααΌααα¬αα»ααΈ αα¬ααΌα±ααααΈαα αΈαααΈα
(α) α±ααα¬αα αΈαα‘αα»ααΈ α±αα¬αΈα±αΎαα±αα‘ααΈααα α±ααααΈαα»ααΈα±αα¬ααΈαα»ααΈααΏαααααΈ (αΏ)
αα±αα¬αααα¬α±αα¬ αααΈαααΈαα±αα¬ααΈα±αα‘α α‘α α₯αΈ αα±αα¬ααΈααΌααααΈ (α) α±ααα¬αα αΈααααΈ αααΈαααΈααα‘αααΈαα»α¬αα ααααΈααααΈ - α‘αααΈααα¬α±αα¬ REGDP α‘α α±αα¬ααΈαααΈα±ααααΈααααΈαα¬α‘α¬
αααΈα±ααα αΈαα‘αα»ααΈ αααΈαααΈα αααΈαααΈα±αα¬ααΈαα»ααΈα αααΈα±ααααΈαααΈααααΈαα«α
(α) α αα»α¬α±ααααΈαααΈα‘α±αα¬ααΈα‘α‘αα¬αααα±αα¬ ααααΈαααααΈ α‘ααΈα±αα¬ααΈα αα¬α α±αα¬ααΈαααΈα±α αααΈαααΈαα¬ ααααΈα±αα¬ααΈα α±αα»αα¬α±αα¬αΈα±αΎααα¬ α±αα‘ααΈαααΈαα αΈαα«αααΈα ααααΌαα¬
αααΈα‘ααΈα±αα¬ααΈα αα¬α‘α±ααααΈ α‘α±αα¬ααΈα‘α‘αα¬ αααΈαααΈα±αα¬ααΈαααΈαααΈ α‘αααΈαα±αα¬ααΈα α»α¬ αααΌαααΈαα αΈαααΈα ααααΈα±αα¬α‘ααΈα±αα¬ααΈα α α‘αααΈα‘α α±αα±αα¬αΈαα ααΏαααααΈα α±αααα±αα¬ααΈα±ααα¬αααααΏαααααΈ
αααΈαααΈ αααΈαααΈαααααΌ αααΈααααΈα αααΈαααΈααα‘αα»ααΈ αααΈα±αα¬ααΈαααΈαα¬α αααΈα±αα¬ααΈαααΈ ααααΈαα«α
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
Page62
α α αα α¬αα»ααΈ
α α ααα¬ ααΏ αα»ααΈ αα«ααΌα±αα¬ αα α¬αα»ααΈ ααα¬αα»ααΈ αααααΈαααΈααΌααΈαααΌαα¬α±αα¬ α‘αα αααααα‘αα‘α α¬αα¬ ααΌααΈ αα α¬αα»ααΈαα¬α αααΈαααΈαα¬αα±αα¬ααα¬αα α‘αααΈα‘αα¬αα¬α α±αα¬αΈααα¬αααΈα
REGDP α αααΈαααΈαα»ααΈαα α₯αΈα‘αα»ααΈ ααααΈαα»ααΈα±αα¬α‘ααΈα αα¬α‘αα»ααΈ αααΈα±αα¬αΈα±αα¬ α‘αα‘α±αα¬ααΈα‘α α‘αα«α‘αααΈ α‘ααΌααΈααααΈαααααα‘α±αα α‘α±αααα¬ α‘αΏααααΈαα α¬αααΈαα»ααΈαα¬α ααααΈαα¬αα»ααΈ
α±αα¬ααΈααα¬α±αα¬α α αΈαααΈααΌααΈ DMS ααα α‘α±ααα‘αα αΈα‘αααααΈαα αΈαααΈα α‘ααΌααΈααααΈα‘α α¬ααααΈαααΈ ααααΈαα¬α αααΈααΌααΈαααΈ α±α αα»ααΈα±αα«ααΈα±α α α αΈαααΈα±αα¬ααΈαααααααΈ
αααΈα±αα¬ααΈαααΈα α±αα¬αΈααα¬α±αα¬ α‘αααΈα‘αααΈαα¬α α±α αΌα¬ααααΈααααΈα αα»ααΈααα¬α±αα¬ REGDP αα»ααΈ ααα±αα¬ααΈαα»ααΈα±α αααΈ αα‘ααΈαα α±αα¬ααΈαα»ααΈαα»α¬αααΈα
ααα¬ ααΏ - αααΈαα¬ - ααΌααΈα α αΈαα«ααΈα‘α¬αα»ααΈαααΈαα»ααΏαααααΈαα α ααααΈα±α‘α¬ααΈααΌ TL ααα‘αα»ααΈ αα α¬αα»ααΈ
ααα¬
αααααα‘αα‘α α¬ αα α¬αα»ααΈααΌα±αα¬ α‘ααΈα±αα¬ααΈα
αα α¬αα»ααΈ
α±αααααα LUC ααΌααΈ α‘αα‘ααΌααΈα
αααΈα±αα¬ α±ααααΈαααΈαα α‘α±αα¬ααΈα‘αα¬ααΌα
α‘ααΈα±αα¬ααΈα αα¬α‘α¬α
() ααααα»α¬α±αα¬ α±ααααΈαααΈααα‘αα»ααΈα‘αααΈα‘αα»ααΈ
α±α αα»ααΈα±αα«ααΈα±α αααΈ α±αα±αα¬αΈαα
α‘α ααααΈα±αααΌ ααααα»α¬α±αα¬
α‘α±αα¬ααΈα‘α‘
α‘α ααααΈα±αα‘αα»ααΈααΌ ααααα
α‘α±αα¬ααΈα‘α‘ αααΈααΌααΈα‘α¬α
() αααΈααΌα¬αααΈααα α‘αααΈα αααΈα±αα«ααΈ α αααααΈ α‘α±αΎαα¬ααΈαΎαα¬αααΈ
(αΏ) α‘α±αα¬ααΈα‘α‘αα¬α‘αα»ααΈ αααΈαααΈα‘α α¬ααααΈα±αα¬ αααΈααααΈ α±αα±αα¬αΈαα
(α) αα»ααΈαααΈαα α₯ααΈαα¬ αααα»ααΈ
(α) α‘α±αααα‘α±αα¬ααΈααΌααΈ α‘α±αααα‘ααΈαααΈα‘αα»ααΈ αα»ααΈαα‘α±αα¬ααΈα‘α
(α) α‘αααΈα α±ααααΈαααΈαα αααΌαα«α ααααΈαα»ααΈαααΈ α‘ααΈα±αα¬ααΈα
α‘αα αΈ αα α¬αα»ααΈα±ααααΈ
αα¬α αααΌαα¬ α±ααααΈαααΈα α‘αα‘α α¬α‘α¬α
() αααΌαα¬α α αα¬αα α¬αααΈαααΈαααΈαααΌααΈ αα αΌα±αα¬ α±αα¬αΈα±αΎα
(αΏ) αααΈα±αα¬ααΈα±αααααΈα±αα¬ααΈα αααΌαα¬α αααΈαααΈαααΈ
α±αα» αααΈαα
(α) αααΈααΌαααΌαα¬α αααΈαααΈαααΈ αααΈα±αα«ααΈ α αααααΈ α‘αα±ααααΈ
αα¬αα¬ααΌααΈ αα αΈααααΈαα¬
α±ααααΈαααΈαα α‘αα‘α α¬ α‘α¬α
() α‘αα»ααΈα±αα¬ααΈα‘αααΈαα¬α‘αα»ααΈ α ααΌα αΈα α¬ α‘αα»ααΈααΌααΈ αα αΌα±αα¬ α±αα¬αΈα±αΎα
(αΏ) αααΈαααΈ α ααΌα αΈα±α‘α¬ααΈ ααααααΈ αααΈαααΈα α»ααΈα‘α¬α‘αααΈαα αα±αα¬ααΈα±ααααΈ α‘αααΈαα¬α‘αα»ααΈ αααΈααΌ αα αΈαα¬α±α αα»ααΈ
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
Page63
αααααα‘αα‘α α¬ αα α¬αα»ααΈααΌα±αα¬ α‘ααΈα±αα¬ααΈα
αα α¬αα»ααΈ
α±αα«ααΈα±α α‘α±ααα‘α±ααα±αα¬ α±αα¬αΈα±αΎα
(α) α ααααΈαααΈα±αα¬ααΈαααΈαα¬α α±ααΌα¬ααΈα±ααΌαα ααα αΈα±α ααααΈ αα αΈαααΈαα¬α α‘αα¬ααΌα αΈααΌααΈαααΈαα¬α αααΈααΌαα¬ αα αΈαα¬α α‘αα αααα»ααΈ
(α)α αΎαα€α‘αα»ααΈαα»ααΈ αα¬αα¬αααΈαα¬α α‘α α¬ααααΈα‘αα»ααΈ αα¬αα αααΌαααΈαα¬α ααΈααααΈ α‘α±αα¬ααΈα‘α
α αα»α¬α±ααααΈαααΈ α‘α±αα¬ααΈα‘α‘ααΌααΈαααΈα±αα»
α‘α±αα¬ααΈα‘α‘ ααα¬αααΈαααΈααΌααΈαα¬
() α α αΈαααΈααΌααΈ DMS ααααΈαα¬α‘α±αα α‘α±αααα¬α±αα¬ α‘α±αα¬ααΈα‘α‘α αααΈαααΈα‘α α¬ααααΈαααΈαααΈαααΌααΈ αααΌα±αα¬ α±αα¬αΈα±αΎαα αααΈα α±αα¬αΈα±αΎαα±αα¬αΈααα αααΈαααααΈαααΈα
(αΏ) α‘α±αα¬ααΈα‘α‘αααΈαααΈαααΈα±αα¬ααΈαα¬αα»ααΈ αααΈαα αααΈ
(α) αα»ααΈαααΈαα α₯ααΈαα¬α α‘αααααα»ααΈ
(α) αααα±αα¬αααΈα±αα»α‘αα»ααΈ α±αα¬αΈα±αΎα
(α) α±αααα±αα¬ααΈα αααΈ
αααΈα±αα¬ααΈα±ααα¬αα‘αα»ααΈ αα¬α ααααΈαα
α±ααααΈαααΈααα‘αα‘α α¬α‘α¬αα αααΈαααΈααα‘αα‘α α¬
() αα¬α₯αΈα α ααΈαα¬ααΌααΈ α±αα¬ααΈαααΈα±ααααΈαααΈααα α₯ααΈαα¬ α±αααα±αα¬ααΈαααΈα±αΎαα¬ααΈ ααααΈα±αα¬ αααΌαα¬ααΌααΈ α‘α±αα¬ααΈα‘α‘ αα¬α αααΈααααΈαα¬α α±αα±αα¬αΈαααΈα
(αΏ) α‘αααα¬α±αα¬ αα«ααΈαααααΈαααΈααααΈ (ROW) αααΈαααΌ α±ααα¬αα¬ αα¬αα‘αααααααΈαα»ααΈ αααΈααααΈαα¬ααΌααΈ α±ααα α»αα‘αΎαα¬ αα±αα¬αα α¬αααΈααΌααααΈα
(α) αα¬αα‘ααα±αα¬ α±ααα¬α ααααααΈα‘α±αα‘α±α ααααααΈ ααα±αα¬ααΈαα»ααΈα±αα¬ α‘α±αα‘α±ααα αααΈαααΈαα±αα¬ααΈαΏαα±αα¬ααΈαα»ααΈ
α‘αααα»ααΈααΌαα αααΈαααΈα±αα‘ααΈααααΈα
ααααΈαα»ααΈα±αα¬
α‘ααΈα αα¬α ααααα
ααααΈαα»ααΈα±αα¬
α‘ααΈα αα¬
() α ααΈαα±αα» αα±αα‘α±αα¬ααΈα‘α ααΌααΈ α±ααααΈαααΈαΎαα¬α±ααααΈ
(αΏ) α±αα¬αΈα±αΎαα‘αααΈ α±αα»αα¬α±αα¬ααΈαα±αα»α±ααααΈ
αααααΈαααΌαααΈ ααΌααΈααα¬α±αα¬
α‘αα¬ααααααα¬
ααααΈαααα‘α¬α α±α αΌα¬αΈαααΈααα¬α±αα¬ ααα΅ααα«αα±αα»ααΎαααααΈ ααααΈαααα¬ ααΌαα¬αααΈα‘αα« ADB α αααα±ααα¬αα»ααΈα±α α¬ααΈα±ααΌα¬ααΈαααααΈαα¬
ααα«ααα¬α‘α ααΌααΈαααΈαααΈα α±αα¬αα«αααΈαα¬α±α αααΈαα αα αΈαα¬α±αΎαα±αα‘ααΈαααΈαα¬ α±αα¬ααΈαα»ααΈαααΈαα αΈαααΈα
α‘α±αα¬ααΈα‘ααα¬ ααΌααΈ α±ααααΈαααΈαααΈα±ααααΈαα¬α α‘αα‘α α¬ ααΌααΈ α‘αααΈα‘αα¬ααα‘α¬ αα‘ααΈαααΈ α‘α±αααα»ααΈ α‘α±ααα αααΈα±αα¬ααΈαα»α¬αααΈαα αΈαΏα αααΈα αα αΈαα α±ααα¬αααα¬ ααΌααΈ α‘ααΈα±αα¬ααΈα α‘αααΈ
α±αα»α±αα» αααΈαααΈαααα¬α α‘α±ααα ααααΈαααΈ αα αΈαα«αααΈα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
Page64
α α α±αα¬αΈα±αΎαα αααΈααΌα±α αα»ααΈα±αα«ααΈα±α αααΈ αα»ααΈαααΈαα¬ α±αα»αα¬αααΈα±ααααΈαα αΈαααΈα αα αΈαααΈαααΈ
α±αα¬αΈα±αΎαα αααΈααΌααααΈ ααα±αα¬ααΈα±ααααΈα REGDP α±ααα»αααΈαα»ααΈααΌα±αα¬ α±α ααααΈαα¬αααΈ α ααααΈα‘α±αα¬ααΈα‘αααΈα±αα¬αΈαααΈαα»ααΈ ααΌα±ααααΈ α±α ααααΈαα¬ααΌααΈ ααααααΈααααΈ αααΈααΌαααΈαααΈαααα¬
ααααΈααααΈα α±α αα»ααΈα±αα«ααΈα±α αααΈ α±αα±αα¬αΈαααΈα‘αααΈ α αΎαα€α‘αα»ααΈαα»ααΈ αα¬αα¬α ααΈααααΈααα αΈαααΈα±αα¬αααΈ α‘αααΈα ααΈαααα¬ ααΌααΈ ααααΈαα»ααΈα±αα¬α‘ααΈα αα¬αααΈ α ααΈαα±αα» α
α±ααααΈαα¬ α‘α±αα¬ααΈα‘αα αααΌαα«αααΈα αα¬αα¬α ααΈαααα¬αααΈ α αΎαα€ααΈαα±αα¬ααΈααΌ α±ααα¬αα¬α‘αα»ααΈ α‘αααΈαα‘α±ααααΈ αα¬αα¬ααΌ αααΌαααΈ ααα¬αααΌααΈ ααα±αα¬ ααα¬αα αααΌαααΈαααΈ α±αα αα¬αα‘αααΈ
αααΌαα¬ α±αα¬ααΈαα ααΈααααΈα‘αα»ααΈ α‘αα‘ααα¬ αααΌαααΈαα αΈαααΈααα α¬αα»ααΈααα¬αα« α±αα‘ααΈα±αα¬ α±αα¬αΈα±αΎαααΌααΈ α‘α±αα¬ααΈα‘ααα¬αααΈ α‘ααΈα±αα¬ααΈα αα¬α αααΈα±αα»ααΌααΈ αα±αααα‘αααΈα‘αααΈα
ααααΈα‘α±αα‘α±ααα αααΈαααΈαα±αα¬ααΈαααΈ αα±αα¬ααΈαααΈα αααΈααΌααΈαΏα αααΈα±αα» αααΈαααΈαααΌα±α α±α α‘α α‘ααα¬ αααΈαα±αα¬αΈα±αα¬ααΈαααΈ ααα‘ααΈαα«α αααΈα‘α±αα¬ααΈα‘ααα¬α α±αα‘ααΈαα¬αα»ααΈ DPTSC αααΈ
α ααΈαα±αα α±αα» αα±αααΌααΈ αααΈα±αα¬ααΈαααΈαααα¬αααΌααΈ α α α₯αΈ αααΈαα»αααΈα±αα¬ααΈαααΈαα αΈαααΈα
α αΏα αα¬αα«αααΈαα αΈα (α±α α α ααααΈααα¬) α±αΎαα¬ααΈ ααααΈααα±αα¬ α‘ααΈα±αα¬ααΈα αα¬α
αααΈααΌαααΈα±αα»αααααααΌα¬ αααΈαα¬αααΈαααΈαα αα αΈααΌα αΈαααΈ α±αααα¬α±α‘α¬ααΈ αααΈαα«αα«αααΈα ααααΈαααααΌαααΈ α±ααα¬α‘α ααΈα‘αααΈα‘αα»ααΈ αααΌαα¬α αααΌααΈα ααΈααα¬ αααΈααααα»α¬α±αα¬ αααΈα±αα»ααα¬αα αααΈαααΈ
αααΌαααΈαααΈα DL α‘αααΈαααΈααααΈαααΈα±αΎαα¬ααΈ ααααΈαα»α¬α±αα¬ α‘ααΈα±αα¬ααΈα αα¬α‘αααΈ αααΈαααΈαααΌα±α αααΈααααΈααααΈ ααα¬αααΌα¬ αα αΈααΌα αΈαααΈ αΏ α±αααα¬αα αΈαααΈα αααΈαααΈ α‘ααΈα±αα¬ααΈα αα»ααΈ
α αΎαα€ααΈα ααα¬ αα«αααΈαααΈ α±αααΌαΏα αα¬αα¬α ααΈααααΈααΌαααΈ ( αα αΈαααΈαα¬αααΈ ααα α±αααα¬ x .αα αααΈαα¬) α αααα»ααΈαααΈαααΈαα αΈαααΈα α‘αααΈα α‘ααΈα±αα¬ααΈα αααΈ αααΈααααΈαα¬α±αα¬
α§ααα¬α‘αα»ααΈαα»ααΈ ααΌααΈα αα αΈααΌα αΈαααΈ ααΌα αΈααααΈα ααΈααα«α ααα α±αααα¬ αααΌαααΈ (αα α±αααα¬ x .αα αααΈαα¬ x αααΌαα¬α αΏ αα¬α) αα αΈαα¬ αααα±αα¬αααΈα±αα»α ααΌα αΈααααΈαα αααΌαααΈαα αΈαααΈα α ααΈαα±αα
α±αα» αα±αααΌααΈ αααΈα±αα¬ααΈαααΈαααα¬ααααΈ α‘ααΈα±αα¬ααΈα αα¬ ααΌααΈααΌααΈ α‘αα¬ α αα»α¬αα αΈ αα¬α αααΌαα¬ ( α₯ααα¬ -
α±ααααΌααΈ αα‘αα) α ααΈααααΈα±α αααΈ αααΈααα¬ααΌααΈ αα»ααΈα‘α¬α α‘αα‘ααα¬α±ααααΈαα αΈαααΈα
α αα ααααΈααααΌα±αα¬ α§ααα¬α‘αα»ααΈαα»ααΈ α±αα¬ααΈαα α¬αααΈαααΈαααΈα‘αα»ααΈ ααΌααΈαααΈαααΈαα¬α±αα¬
ααααΈααα±αα¬ααα¬ αααΈ αααΈααα ααααΈαα»α¬α±αα¬ αααΈαααΈαααα¬α‘αα»ααΈ α±αα¬αΈα±αΎαααΌααΈ α ααααΈααααΈαα αααΈααααΌαα±αα¬ α±ααααΈαα α‘αααΈα‘αααΈα αααΈα±αα»αααΌααα‘αααΈα‘αα¬ααΌααΈ αααΈαααΈααα‘αααΈαααααΈ
ααα±αα¬ααΈαα»ααΈα±α αααΈ ααααααΈ α‘αααΈαααααΈ α‘α±αα‘α±α αααΈαααΈα±αα¬ααΈααΌα±α αααΈα‘αα»ααΈ ααααΈα α‘α±αα¬ααΈα‘α‘αααα αα α¬αα»ααΈααΌαααΈαα αΈαααΈα α±αα¬ααΈαα α¬αααΈ αααΈαααΈααΌα¬ α α αΈαααΈα±αα¬ααΈαααααΌααΈ DMS
α±αα¬ααΈαα»ααΈααααα α±αα¬ααΈααααΈαα αΈαααΈα α±αα¬ααΈαα α¬αααΈαααΈαααΈαα»ααΈααΌ α ααααΈα‘αα» αααΈα±αα‘αα»ααΈαα αα±αα¬αΈαααΈα±αα¬ααΈ α±ααααΈαα¬ααα¬αααΈ α±αα¬αΈα±αΎα ααααααΈ α‘αα¬α‘α±αα¬ααΈα‘α αα¬α αα α¬αα»ααΈααΌαααΈ
ααααΈαα«α ααααΈααα±αα¬ α‘ααΈα±αα¬ααΈα αα¬αααΈ α±αα¬ααΈαααΈα±ααααΈαααΈαα¬αα αααΈα α±αα¬αΈα±αΎααα¬ αααΌαΎααααΈαα αΈαα«αααΈα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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αα αααΈαααΈα±ααα¬ααα¬α±α αααΈαααΈ ααΌααΈ ααα¬α±αα‘α α‘α α₯αΈ
α.α αααΈαααΈ ααΌααΈ αααΈααααΈααΌααΈαααΈ αααΈα αα αΈ
α αα TL αα αΈααααΈα α‘αα»ααΈ REGDP α‘α±αα¬ααΈα‘αααΈα±αα¬αΈα±αα¬ααΈαααΈ αααΈαααΈααΌα¬ α‘α-ααα¬ TL (αααΈαα¬αααΈ) α‘αα»ααΈ ααΏα α α±αααα¬α α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL α‘αα»ααΈ ααα αα α±αααα¬ ααΌααΈ α‘α-
ααα¬ TL (αα) α‘αα»ααΈ αααΏα α±αααα¬αα αΈαααΈ (ααα¬ ααα ααα αα ααΌααΈ αα)α ααααΈααα±αα¬ααα¬α‘αα»ααΈ α±αα¬αΈα±αΎαααααΈαα¬ααΌααΈ α‘α±αα¬ααΈα‘ααα¬α α α αΈαααΈααΌααΈ DMS ααααΈαα¬α
REGDP α‘α±αα¬ααΈα‘αααΈα±αα¬αΈαααΈα‘αααΈααΌ α±α αα»ααΈα±αα«ααΈα±α ααα‘α±αα α‘α±αααα¬
αααΈαααΈααααΈαααΈααΌαααΈαααΈαααΈαα αΈαααΈα αααα±αα¬αα α₯ααΈα‘αα‘α α¬αα αΈααααΈα‘αααΈ α±αα¬αΈα±αΎααα»ααΈαααΈα±αα¬ αααΈααΌα¬ α±α‘α¬ααΈαα«α‘αααΈαα αΈαααΈ -
() α±ααα¬ - αα¬αα«αααΈα‘α±α αααΈα±αα¬ααΈαααΈα‘αα»ααΈ αααααΈ α±ααα¬α‘αα»ααΈ α±αα¬αΈα±αΎαα‘α¬ α αα«αααΈ ααΌααΈ αα¬αα¬α ααΈαααΈααααΈ α ααΈαα±α α‘αα‘α α¬ αΏ αα‘αα»ααΈ
αα»ααΈαααΈα±αα¬ααΈαααααΈ α±αα±α α±αααα»ααΈ α‘α±ααα αα»ααΈαααΈαα«αααΈα
(αΏ) αα¬αα‘αααΈαααΌαα¬ - α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ TL ααΌααΈ α‘α-ααα¬ TL (αα) αααα»ααΈ ααααΈααα±αα¬ αα αΈααααΈα±αα¬ αα¬αα‘αααΈαααΌααΌα¬ α αα«αα αΈαααΈα αα αΈαααΈαα¬α‘αα»ααΈ
α±αα¬αΈα±αΎαααααΈαααΈ αΏα α ααΈαααΈαα¬-α±α‘α¬ααΈααα¬α‘αα»ααΈαα»ααΈ α α αΈαααΈα±αα¬ααΈααα±αα¬ αααΈαα¬α‘αα»ααΈ α±αα«ααΈα±α αα¬α‘α±αα α‘α±αααα¬αα«αααΈα αααΈαααΈααα‘αα»ααΈ α α α±αα«ααΈα‘αααΈα‘α¬
α‘αα¬αααΈα±αα¬ααΈααααα¬αααΈ α α¬ααα±αα¬ ααα¬α (margin of profit) αααΈ α‘αα»ααΈαααΈαα«α±αα¬α±αΎαα¬ααΈ αααΈαα¬α‘αα»ααΈα±αα«ααΈα±α αα¬α‘αα»ααΈααΌ αααΈαααΈαα αααΈαα αααΈα
ααααΈααααΈαααα«α
(α) αα¬αα¬αααΈαααΈαα - αα¬αα¬αααΈαααΈααα‘αα»ααΈ α±αα¬αΈα±αΎαααα¬αααααΈ α‘αα¬ααααΈ α ααΈαααΈαα¬-α±α‘α¬ααΈααα¬ α α αΈαααΈα‘αα»ααΈ α±αα¬ααΈααα±αα¬ α±αα«ααΈα±α αα¬α‘α±αα α‘α±αααα¬αΏα
αααΈαααΈαα αααΈαα αααΈα ααααΈααααΈαααα«α αα¬αα¬αααΈαα αΈαααΈααΌ αααΈαααΈαααα¬ ααααΈαα¬αα»ααΈ α ααΌα αΈαααΈαααΈααΌαααΈ αα‘ααΈα±αα¬α±αΎαα¬ααΈ α±αα¬αΈα±αΎαα‘αα»ααΈ α ααΌα αΈα α¬ αααΈαααΈααααΌααΈαααΌαααΈ
ααα¬αα αααΈααΌααΈαα¬αα«αααΈα
(α) α‘α±αα¬ααΈα‘α‘ - α‘α±αα¬ααΈα‘α‘αα¬α‘αα»ααΈ αααΈαααΌααΈαα»ααΈαααΈααα αΏα α ααΈαααΈαα¬-
α±α‘α¬ααΈααα¬α‘αα»ααΈαα»ααΈ α α αΈαααΈα±αα¬ααΈααα±αα¬ α±αααα»ααΈααΌ αααΈαΎαααΈαααΈαα αααΈα‘α¬α αααΈααα αααΈ ααΌααΈ α±αα¬ααΈαααΈα±αα αααΈ α‘α±ααα‘α±αααα¬αααΈα αα α₯ααΈααα»ααΈαααΈαααααΈααα
αααΈα ααΈαααΈαα αααΈαα¬ααΌααΈ α‘αα»ααΈαα¬α αααΈαααΈααααΈααααΈ αααα«α
(α) αααΈα±αα»ααααα - ααααααΈ αααΈα±αα»α αα»ααΈαααΈαα¬αα»ααΈ α±α αααΈα α±ααα α₯αΈα α α±αα«ααΈαααΈα±αα»α‘α¬ αααΈαααΈ α±αα¬ααΈαα»ααΈαααΈ αααΈα‘α±αα‘αα»ααΈααΌααΈ α±ααΌα¬ααΈαα¬ αααΈααΌ α‘αααΈα‘ααΌα±αα»α ααααΈαααΈαααΈ
αααΈαααΌααΈαα»ααΈαααΈαα«αααΈα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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ααα¬ αα - TL α αα‘αα»ααΈ αααΈαααΈα‘αα₯αΈαααΈ (αΏα αααΌα αΈ ααααΈαα¬α α αααΈ)
TL α α α±αα«ααΈ αααΈαααΈ (α±αααα¬)
α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ ααα αα
α‘α-ααα¬ (αααΈαα¬αααΈ) ααΏα α
α‘α-ααα¬ (αα) αααΏα
ααα¬ αα - ααααα»α¬αααΈ ααααααααΈαααΈαααα¬α‘αα»ααΈ α±αα±αα¬αΈαααΈ αααΈαααΈ - α‘α-ααα¬ TL
(αααΈαα¬αααΈ)
α α₯αΈ α±αα¬αΈααααΈ ααα αΈαααΈαα αααΈ (USD)
ααα αΈ α‘α±αα‘αα»ααΈ α α α±αα«ααΈ (USD)
αααΈαααΈ α‘αα»ααΈααΌ αα¬αα±α αααΈαα¬α‘αα»ααΈ α±αα¬ααΈα±ααααα α±αα¬ααΈαα±αα» -
α‘α-ααα¬
α/α±α αααΈ α±α αααΈ αΏα α ααα
αΏ ααααΈαα»ααΈαααΈ α‘ααΈα αα¬α‘αα»ααΈ
α‘αααΈα±αα» αααΈα±αα¬ααΈαα α‘α±αα¬ααΈα‘α
αΏα/α‘ααΈα±αα¬ααΈα α‘ααΈα±αα¬ααΈα αΏα α α
α±αα«ααΈ ααα
α α ααααΈααα»ααα αααΈ (α α₯αΈ ααΌ α α‘αα α%)
αααΏα
α α‘α±αα±αα (α α₯αΈ ααΌ α α‘αα %)
ααα
α α±α α¬ααΈαΎαααΈαααΈ ααΌααΈ α‘ααααΈαααΈ (α α₯αΈ ααΌ α α‘αα .α%)
ααΏα
α α α±αα«ααΈ (α α₯αΈ ααΌ α) ααΏα α 1 ααααΈαα»ααΈαααΈ α‘ααΈα±αα¬ααΈα αΏα α ααΌα¬ α‘ααα α₯α±αα¬ααΈαααΈ α‘ααΈα±αα¬ααΈα α α ααΌααΈ α‘αα»ααΈαα»ααΈαα«αααΈ α‘ααΈα±αα¬ααΈα α α αα αα αΈαααΈα
ααα¬ αα - ααααα»α¬αααΈ ααααααααΈαααΈαααα¬α‘αα»ααΈ α±αα±αα¬αΈαααΈ αααΈαααΈ - α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ
α α₯αΈ α±αα¬αΈααααΈ ααα αΈαααΈαα αααΈ (USD)
ααα αΈα‘α±αα‘αα»ααΈ α α α±αα«ααΈ (USD)
αα¬αα«αααΈα‘α±ααααΈα±αα¬ααΈαα¬ αΏαα/αααΈαα¬ .αα αααΈαα¬ αα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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α α₯αΈ α±αα¬αΈααααΈ ααα αΈαααΈαα αααΈ (USD)
ααα αΈα‘α±αα‘αα»ααΈ α α α±αα«ααΈ (USD)
αα»ααΈ αααΈαααΈααααααΈ α αα«αααΈ
α§ααα¬ (αα¬αα«αααΈ αΏα α x α α ααααΈ ααα¬)
αΏ αα¬αα«αααΈα‘α±ααααΈα±αα¬ααΈαα¬αα»ααΈ αααΈαααΈααααααΈ αα¬αα¬ α ααΈαααΈ α§ααα¬ (αα¬αα«αααΈ αα α
α x α α ααααΈ ααα¬)
ααααα/αααΈαα¬
.ααΏ αααΈαα¬ αααΏαα
α α αΎαα€ααΈα‘αα»ααΈααΌ α αα«αααΈαα¬α‘αα»ααΈ α αα¬αα α¬ α±αα¬αΈα±αΎα
αΏαα/αααΈαα¬ (ααα x αααΈαααΈ αααΌ α)
αα. αααΈαα¬ ααΏααα
α αα¬αα¬ α ααΌα αΈα α¬ αααΈαααΈαα α±αα¬αΈα±αΎα
αΏαΏα α/αααΈαα¬ αα .α αααΈαα¬ ααααα
α αα¬αα¬α ααΈαααα¬α‘α±ααααΈ α‘αα¬αααΈα±αα» αααΈαα¬α α»α¬ αααΌαααΈαααΈ αααΌαα¬ α±αα¬ααΈαα ααΈααααΈαααΈ
αααΈααα¬αααα
αΏα/αααΈαα¬ αα .α αααΈαα¬ ααα
α ααααΈαα»ααΈαααΈ α‘ααΈα αα¬α‘αα»ααΈ α‘αααΈα±αα» αααΈα±αα¬ααΈαα
α‘α±αα¬ααΈα‘α
αΏα/ααα αΈα₯ α‘ααΈα±αα¬ααΈα αα α ααα
α α‘α±αα¬ααΈα‘α‘
αα¬αααΈ ααΌααΈ α±α αα«ααΈα‘α¬αα»ααα¬ αα»ααΈ α‘α±αα«α α¬αα α₯ααΈαα¬αααΈ
α±αα¬ααΈαααΈαααΈ α‘ααΈ α α
/α‘α±αα¬ααΈα‘α‘
α‘α±αα¬ααΈα‘α‘ α α α
α±α αα«ααΈα‘α¬αα»αααΌ αα»ααΈααα αΈαααΈ α±αα¬ααΈαααΈαααΈ α‘ααΈ α
αΏ/α‘α±αα¬ααΈ α‘α‘
α‘α±αα¬ααΈα‘α‘ α αΏ
α±αα¬ααΈα±αααααα‘αα»ααΈ α±αα¬ααΈαα±αα» (α‘α±αα¬ααΈα‘α‘αααΈαα αΏ%)
αΏ/α‘α±αα¬ααΈ α‘α‘
α‘α±αα¬ααΈα‘α‘ α α αΏ
ααααα»α¬αααΈ α‘αα¬αααΈ αααΈα±αα» α‘αα»ααΈ α±αα¬αΈα±αΎα
α/α/α‘ααΈα±αα¬ααΈα
α/α‘ααΈα±αα¬ααΈα α‘ααΈα±αα¬ααΈα α α α
α±αα«ααΈ αΏααΏααα
α α ααααΈααα»ααα αααΈ (α α₯αΈ ααΌ α α‘αα α%)
αααααα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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α α₯αΈ α±αα¬αΈααααΈ ααα αΈαααΈαα αααΈ (USD)
ααα αΈα‘α±αα‘αα»ααΈ α α α±αα«ααΈ (USD)
α α‘α±αα±αα (α α₯αΈ ααΌ α α‘αα %)
αΏααΏαα
α±α α¬ααΈαΎαααΈαααΈ ααΌααΈ α‘ααααΈαααΈ (α α₯αΈ ααΌ α α‘αα .α%)
ααααα
α α α±αα«ααΈ (α α₯αΈ ααΌ α α‘α) ααα αα ααααΈαα»ααΈαααΈ α‘ααΈα±αα¬ααΈα αα α α‘αααΈ αα α ααΌα¬ α‘αααα₯α±αα¬ααΈαααΈ α‘ααΈα±αα¬ααΈα αα¬αα αΈαΏα α α ααΌα¬ ααααΈα α»ααΈαααΌα±αα¬ α‘ααΈα±αα¬ααΈα αα¬αα αΈαα¬ αα α ααΌα¬ α‘αα»ααΈαα»ααΈαα«αααΈ α‘ααΈα±αα¬ααΈα αα¬αα αΈαΎααααΈα
ααα¬ αα - ααααα»α¬αααΈ ααααααααΈαααΈαααα¬α‘αα»ααΈ α±αα±αα¬αΈαααΈ αααΈαααΈ - α‘α-ααα¬ TL (αα)
α α₯αΈ α±αα¬αΈααααΈ ααα αΈαααΈαα αααΈ
(USD)
ααα αΈ α‘α±αα‘αα»ααΈ α α α±αα«ααΈ (USD)
αα¬αα«αααΈα‘α±ααααΈα±αα¬ααΈαα¬αα»ααΈ αααΈαααΈααααααΈ α§ααα¬
(αα¬αα«αααΈ αα α x α α ααααΈ ααα¬)
αΏ/αααΈαα¬ .αα αααΈαα¬ α
αΏ α αΎαα€ααΈα‘αα»ααΈααΌ α αα«αααΈαα¬α‘αα»ααΈ α αα¬αα α¬
α±αα¬αΈα±αΎα
αΏαα/αααΈαα¬ (ααα x αααΈαααΈ
αααΌ α)
αα.αΏα αααΈαα¬ ααα α
α ααααΈαα»ααΈαααΈ
α‘ααΈα αα¬α‘αα»ααΈ α‘αααΈα±αα» αααΈα±αα¬ααΈαα
α‘α±αα¬ααΈα‘α
αΏα/α‘ααΈα±αα¬ααΈα α‘ααΈα±αα¬ααΈα αΏ α α
α±αα«ααΈ ααα α
α α ααααΈααα»ααα αααΈ (α α₯αΈ ααΌ α α‘αα α%)
αααα
α α‘α±αα±αα (α α₯αΈ ααΌ α α‘αα
%)
ααα
α α±α α¬ααΈαΎαααΈαααΈ ααΌααΈ α‘ααααΈαααΈ (α α₯αΈ ααΌ α α‘αα .α%)
αααΏ
α α α±αα«ααΈ (α α₯αΈ ααΌ α α‘α) αααΏα ααααΈαα»ααΈαααΈ α‘ααΈα±αα¬ααΈα αΏ α α‘αααΈ α α ααΌα¬ α‘αααα₯α±αα¬ααΈαααΈ α‘ααΈα±αα¬ααΈα αα¬αα αΈαΏα α ααΌα¬
ααααΈα α»ααΈαααΌα±αα¬ α‘ααΈα±αα¬ααΈα αα αΈαα¬ α α ααΌα¬ α‘αα»ααΈαα»ααΈαα«αααΈ α‘ααΈα±αα¬ααΈα αα¬αα αΈαΎααααΈα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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α.αΏα αααΈαα±αα»α‘αααΈα‘αα αΈ ααΌααΈ α αααΈαα
α αα αααΈαααΈα±ααα¬ααα¬α±αα‘αα»ααΈ αααΈαα±αα»αα¬α‘α¬αα αααΈα±αα¬ααΈα αααΈαα¬αααΈαα±αα¬αΈα‘α α ααΌααΈ ADB
α‘αΎαα¬αα»ααΈ αα±αα¬αααα¬αααΈ ααα¬α±αα‘α α‘α α₯αΈα‘α MOEE α α±αα‘ααΈαααΈαα αΈαααΈα α±αααααΈαα¬ GAD αααΈ ααααααα¬α‘αα»ααΈ (αααΌα αα αΈαααΈαα¬α α‘α±αα¬ααΈα‘α‘αα¬ ααΌααΈ αααΈα±αα»)
α±αα¬αΈα±αΎααααΈαααΌααΈαα»ααΈαααΈααα αααΈα±αα¬ααΈαα¬ MOEE ααααααΈααααΈα MOEE αααΈ αααΈα±αα»ααα¬αα α±ααααα‘ααΈαααΈα±αα‘αα»αα αααΈα α¬αααΈα‘αα»ααΈαα α±ααα»ααΈαα¬αααΈ αα αΈαααΈα
α.αα αα αΈαα¬α±αΎαα±αα±αα¬αΈαααΈ αααΈαααΈ
α αα α±αα¬αΈα±αΎαα α±αα»αα¬αααΈ α±αα‘ααΈαααΈαα αΈαααΈα αα αΈαααΈα±αα¬α‘αα«αααΈαα»ααΈ α±αα¬αΈα±αΎαα αα αααΈαα»ααΈ ααΌα αΈα₯α αα αααΈαααΈαααΈααααα¬ α‘αα‘ααΌααΈαα α¬αα»ααΈα α¬αααΈα±αααα»ααΈ ααΌα αΈα₯ααααΈααΌααΈα±ααααααΈα
ααααΈααα±αα¬ αααααΈαα»ααΈ αααΈα α¬αααΈααΌαα«α αααΈααΌααα±αα¬ααΈα±ααααΈ αααΈαααΈα α₯α α¬α±αα±αα» αααΈαααΈα α±αα»αα¬αααΈ α±αα‘ααΈααα α‘αααΈα αα αΈα±α αααΈα‘αα»ααΈ α±αα¬αΈα±αΎαα αααΈααΌ ααα±αα¬ααΈα±ααααΈαα αΈαααΈα
α‘αααΈα αα ααΌααΈ αααΈαα»ααΈαααααΈ αααΈα αααΈααΌααΈαααΈαα¬ααΌααΈ αααΈααΏα αααΈααααα»ααΈ αααΈα α¬αααΈαααΌααααΈ αααΈααα‘αααΈαααΈ αααΈα α¬αααΈαα»ααΈααΌα αΈαααΈαααΈ α ααααΈα αααααΈα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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α α‘α±αα¬ααΈα‘αααΈα±αα¬αΈα±αα¬ααΈα±α α‘αααΈααα¬
α αα REGDP α α ααα¬α‘αα»ααΈ α‘α±αα¬ααΈα‘αααΈα±αα¬αΈαααΈαα αΈαααΈ (ααα¬ αα)α α‘ααΈαααΈααα¬αααΈαααΈαα¬ α‘α±αα ααΈ αα ααααΈαΏαα αααΈα‘αα«αα»ααΈ αααΈααΈα±αα¬α‘ααΈα±αα¬ααΈα αα¬α αααΈααΌααΈαααΈαα αΈαα«αααΈα
ααααΈα±αα¬ α‘ααΈα±αα¬ααΈα αα¬αααΈ αααΈαα α‘ααΈα±αα¬ααΈα αα αΈααααΈ αααΌαααΈ α±αα¬αΈα±αΎαααααΈαα¬α αααΈααΌααΈαα¬αα»ααΈ α‘α±ααα‘αα αΈα‘αααααΈ α α αΈαααΈ α±αα¬ααΈαααααΌααΈ DMS αααα»ααΈ αα±αα«ααΈαα«αααΈαααΈαα αΈαααΈα
α ααααΈαααΈαα¬ α‘αααΈα‘αααΈαα¬ (αααΈααΌααΈαααΈα αααΈα±ααα¬α αααΈα±αα¬ααΈαααΈαα¬ ααΌααΈ α‘αααΈααα¬) ααα ααααΈααα±αα¬ α‘ααΈα±αα¬ααΈα αα¬ααΌααΈ α‘αα¬α‘ααααΈαααΈαααΈααα¬αα αααΈαααΈαααΈαα αΈαααΈα DMS
ααααΈαα¬ααΌααΈ α±αα¬αΈα±αΎαααααΈαα¬αα¬ αααΈααΌααΈαααΈαααα»ααΈ ααααΈααα±αα¬α‘ααΈα±αα¬ααΈα αα¬ααΌααΈ α‘ααααΈ α±αα» α±αα» αααΈαααΈαααα¬ ααααΈαααΈαα αΈαααΈα
ααα¬ ααα αααΈαα¬ - ααΌααΈα α αΈαα«ααΈα‘α¬αα»ααΈαααΈαα»ααΏαα±αα ααααΈ α±α‘α¬ααΈααΌ TL α α α‘αα»ααΈ REGDP
α‘α±αα¬ααΈα‘αααΈ α±αα¬αΈα±αα¬ααΈα±α α‘αααΈααα¬ (USD αααΈ)
α α₯αΈ αααΈα±αα¬ααΈαααΈ ααα αααααΈ ααα α ααααΈ ααα α ααααΈ
αΏ α αΏ α αΏ α
α‘ααΈαααΈααα¬αααΈαααΈαα¬ α‘α±αα ααΈαα ααααΈ α‘α±ααα‘α±ααα ααααΈαααΈ α‘ααΈα±αα¬ααΈα αα¬α αααΈααΌααΈαααΈ
__ __-
αΏ α‘αααα¬α±αα¬ α ααααΈααΌααΈ αα αΈαα¬αααΈαααΈ ααααααα¬α ααααΈαααΈ α‘ααΈα±αα¬ααΈα αα¬α
α‘α±αΎαα¬ααΈαΎαα¬αααΈ
-__ __- --
α α α αΈαααΈα±αα¬ααΈαααααΌααΈ DMS αααα»ααΈ ααααΈαααΈ α‘ααΈα±αα¬ααΈα αα¬αα«αααΈα±αα¬ααΈαα»ααΈαααΈαααΈ
α α α₯αΈα±αα¬ααΈαα»ααΈαααΈ
-- -- --
α ααααΈαααΈ α‘ααΈα±αα¬ααΈα αα¬α‘αΎαα¬αα»ααΈ α α αΈαααΈα±αα¬ααΈαααααΌααΈ DMS α±αα¬ααΈαα»ααΈαααΈ
-- -- -- __
α α±α αα»ααΈα±αα«ααΈα±α α α αΈαααΈα±αα¬ααΈααααΈ __
α α‘αααΈα‘αααΈαα¬αααΈαααΈαααΈα DMS ααΌααΈ α±α αα»ααΈα α αΈαααΈααααΈαα¬α α±αα¬αΈα±αΎαααααΈαα¬
αα¬α ααααΈαααΈ α‘ααΈα±αα¬ααΈα αα¬ααΌααΈ αααΈαααΈα±αα» α±αα» αααΈ
-- --
α α α αΈαααΈααΌααΈ DMS ααααΈαα¬α α‘α±αααα¬ REGDP
α αα»ααΈααααΈ
---
α αα»ααΈααα¬α±αα¬ REGDP α ADB ααΌ α‘αααΈααααΈ αααΈααααΈ
---
α α±αα¬αΈα±αΎαα‘αα»ααΈ αααΈαααΌααΈαααΈαα±αα»α DC ααΌ
αααΈαααΈαααΈααΌααΈ DPTSC αα αααΈααααΈ
---
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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GAD α α±αα»α α¬αααΈαα α±αα»ααα±αα¬ααΈα±ααααΈ
αααΈαα±αα¬αΈα±αΎαααΌααΈ α‘α±αα¬ααΈα‘α αααΈαα±αα»αα¬ α‘αα»ααΈ αααΈαααΌααΈαααΈαα αααΈα αα»ααΈαααΈαααΈ
---
αΏ ααααΈααα±αα¬ααα¬α α±αα¬αΈα±αΎαα±ααααΈ --- --- ---
α α‘αααΈαα±ααα αΈαα¬αααα¬ ααΌααααΈα±αααΌααΈα±αα αα αΈα
αααΈαααΈαααΈα±αα¬ααΈαααΈ
--- --- --- -- --- --
α αααΈαααΈαα»ααΈα±ααα¬ ααΌααΈαααΈαααααΈα±αα¬ααΈαααΈ ---
α αααΈα±αα» αααΈαααΈαα±αα¬ααΈαααΈααΌααΈ
α‘αα¬α‘α±αα¬ααΈα‘ααα¬ α‘α±αα¬ααΈα‘αααΈα±αα¬αΈαααΈ
__ --
α REGDP α‘α±αα¬ααΈα‘αααΈα±αα¬αΈααα α±α α¬ααΈαΎαααΈ
α‘ααααΈαααΈ
-- -- --
α α α αααΈαααΈα±ααα¬ααα¬α±ααααΈαα¬ ααααΈαααα¬ααΌααΈ α±αα¬αΈα±αΎαααααΌααΈ αααΈαααΈαΏα
ααααΈααα±αα¬ααα¬αααΌ αααΈαΎαα¬αααα¬α αααΈααα¬ α±αααΌααΈα±ααααΈα‘αα»ααΈ GRM α αααΈαααΈαααΈα±αα¬ααΈαα«αααΈα α±αα¬αΈα±αΎαα±ααααα¬ α±α α¬ααΈαΎαααΈα‘ααααΈαααΈα α±αα¬αΈα±αΎαα±ααααΈα‘αααΈαα»ααΈ
α αααΈαααΈα±αα¬ααΈαα«αααΈα ααααΈααα±αα¬ α‘ααΈα±αα¬ααΈα αα¬ α±αα¬αΈα±αΎαα±αα» αααΈααααΌαΏαα±αα¬ααΈ α αααΈα‘αΎαα¬αα»ααΈ αααΈαααΈαα»ααΈα±ααα¬ααΌααΈ α ααΈαα₯αΈα±αα¬ α‘αααΈαα»α¬αα α‘αα¬α‘ααα¬ αααΌα±αΎαα¬ααΈ α±ααα¬ααΌαα¬
αααΈαααΈαα»ααΈα±ααα¬α‘αα»ααΈ ααΌααΈαααΈαααΈαα¬α α αααΈαααΈα±αα¬ααΈαααΈ αα αΈαα«αααΈα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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α αααΈαααΈα±ααα¬ααα¬αααΈα‘αα»ααΈ α‘ααΈα ααααΌααΈαααΈαα¬ αα±αα¬ααΈ
α αα MOEE αααΈ DPTSC PMU ααΌααααΈ REGDP α‘α±αα¬ααΈα‘αααΈα±αα¬αΈαααΈα αααΎαααΈαααΈαα αΈαααΈ (ααα¬ αα)α αααΈαααΈα±α‘α¬ααΈαα«ααα α±ααα¬α±α αααΈ () αααΈαααΈα±ααα¬ααα¬α±αα±αα¬ααΈαα»ααΈαααα¬αα»ααΈ GAD
ααΌααΈ αααΈαααΈα±αα¬ααΈαα»ααΈαα α±αα¬α±αα»αα±α αααΈ (αΏ) αααΈαααΈα±ααα¬ααα¬α±αα±αα¬ααΈαα»ααΈαααα¬αα»ααΈ α‘αααΈααα¬α‘αααΈ αααΈα±αα¬ααΈαααΈ ααΌααΈ α ααααΈα±ααα» αααΈα α‘α±αα¬ααΈα‘αααΈα±αα¬αΈαααΈα
α±α α¬ααΈαΎαααΈαααΈαα¬αααΈα±αα¬ααΈαα¬αα»ααΈ ADB αααΈαα α‘α¬ααα±ααα¬α±α αααΈ (α) αααΈαααΈα±ααα¬ααα¬α±αα±αα¬ααΈαα»ααΈαααα¬α‘αα»ααΈ αααΈαααΈααΌααΈ αααΈαα±αα»αα¬ α±αα‘ααΈαααΈ (α)
ααααΈααα±αα¬ααα¬αα αααΈαααΈα±ααα¬ααα¬αααΈααΌααΈαααΈα±αα¬ α‘αααΈα‘αααΈαα¬αααΈαααΈαααΈα αααΈαααΈα±αα» α±αα» αααα¬α±αα¬ααΈαα»ααΈαααΈ (α) ααααΈααα±αα¬ααα¬αα αα±αα¬αααα¬α±αα¬ α±αα¬αΈα±αΎαα±αα»αα¬
α‘αααΈα‘αααΈα±αα‘ααΈαααΈ (α) GRM ααα»αα ααΈαααΈα αααΈα±αα¬ααΈαααΈααΌααΈ αααΈαΎαα¬αααα¬α α‘αααΈα‘αααΈα±αααΌααΈαααΈ (α) α±α α¬ααΈαΎαααΈα±ααα¬ααα‘α αααΈαα α¬αα¬α±ααα¬αααΈααΌααΈ ADB ααα±αα¬αααΈα α»α¬
αααΈααααΈα
αα PMU αααΈ α αΎαα€αααΈαααΌα±αα αα¬αα‘αααα¬αα»ααΈ α±αα‘αααα»ααΈααΌαααΌααΈ α α¬αααΈα α¬αααΈαααΈαααΈα±αα¬ααΈαααΈα α±ααα¬α ααααΈα‘α±αα‘α±ααα αααΈαααΈαα±αα¬ααΈαααΈ α‘αα«α‘αααΈ α ααΈα
αα¬α₯αΈαα¬ ααΌααΈ α±αα¬ααΈαααΈα±ααα α₯ααΈαα¬ α±αααα±αα¬ααΈααα±αΎαα¬ααΈ αααΈα αα»α¬α±αα¬ αααΈαααΈαααα¬α‘αα»ααΈ α±αα±αα¬αΈαααΈ αα¬αααΈααΌαα αααΈααααΈαα¬α α α¬αααΈαα»ααΈ αα«αααΈα±α αααΈ α±ααα¬α±α αααΈα
α α¬αααΈαα«α‘αααΈα‘αααΈαα¬α αααΈααααΈαα¬α αααΈαα¬ααααΌαααΌααααΈ PMU α α±α α¬ααΈαΎαααΈαααΎαααΈαααΈα α±ααα α₯αΈ REGDP α‘α±αα¬ααΈα‘αααΈα±αα¬αΈαααα¬αα»ααΈ PMU αααΈ GAD α α±ααααα‘α¬αα¬αααΈαα¬α
ααααΈααααΈααα¬ααααΌααΈ α‘ααααΈαα»αααΈα±αα¬ααΈαααΈαα αΈαααΈα
ααα¬ αα α αααΈαα¬α αΌααΈα α αΈαα«ααΈα‘α¬αα»ααΈαααΈαα»ααΏαα±αα ααααΈα REGDP
α‘α±αα¬ααΈα‘αααΈα±αα¬αΈα±αα¬ααΈα±αα‘αα»ααΈ αα¬αααΈααΌα±αα¬ α‘ααΈα αα¬ (USD αααΈ)
α α₯αΈ αααΈα±αα¬ααΈαααΈ αα¬αααΈααΌα‘ααΈα
α‘ααΈαααΈααα¬αααΈαααΈαα¬ α‘α±αα ααΈααααΈαα α‘α±αα α‘α±ααα ααααΈααα±αα¬α‘ααΈα±αα¬ααΈα αα¬α αααΈααΌααΈαααΈ
GADα α±ααααα‘α¬αα¬αααΈαα¬α ααααΈααα±αα¬ααα¬
αΏ α‘ααΈααα¬α±αα¬α ααααΈααΌααΈ αα αΈαα¬αααΈα±αα¬ ααααΈααααααα¬ α‘α±αΎαα¬ααΈα ααααΈααα±αα¬α‘ααΈα±αα¬ααΈα αα¬α α‘α±αΎαα¬ααΈαΎαα¬
αααΈ
GADα α±ααααα‘α¬αα¬αααΈαα¬α ααααΈααα±αα¬ααα¬
α α α αΈαααΈα±αα¬ααΈαααααΌααΈ DMS αααα»ααΈ ααααΈααα±αα¬ααα¬ αα±αα«ααΈαα«αααΈαααΈαααΈ α α α₯αΈα±αα¬ααΈαα»ααΈαααΈ
GADα α±ααααα‘α¬αα¬αααΈαα¬α ααααΈααα±αα¬ααα¬
α ααααΈααα±αα¬α‘ααΈα±αα¬ααΈα αα¬α‘αΎαα¬αα»ααΈ α α αΈαααΈα±αα¬ααΈααααΈα DMS α±αα¬ααΈαα»ααΈαααΈ
GADα α±ααααα‘α¬αα¬αααΈαα¬α
α α±α αα»ααΈα±αα«ααΈα±α α α αΈαααΈ α±αα¬ααΈααααΈ GADα α±ααααα‘α¬αα¬αααΈαα¬α
α α‘αααΈα‘αααΈαα¬αααΈαααΈαααΈα DMS ααΌααΈ α±α αα»ααΈα±αα«ααΈα±α α±ααααα‘α¬αα¬αααΈαα¬α
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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α α αΈαααΈααααΈαα¬α α±αα¬αΈα±αΎαααααΈαα¬αα¬α ααααΈααα±αα¬ααα¬
ααΌααΈ αααΈαααΈα±αα» α±αα» αααΈ
α α α αΈαααΈααΌααΈ DMS ααααΈαα¬α‘α±ααα‘α±αααα¬ REGDP α αα»ααΈααααΈ DPTSC ααΌααΈ α±ααααα‘α¬αα¬αααΈαα¬α
α αα»ααΈααα¬α±αα¬ REGDP α α‘αααΈααααΈ ADB ααα αααΈααααΈ DPTSC
α α±αα¬αΈα±αΎαα‘αα»ααΈ αααΈαααΌααΈαααΈαα±αα»α αα»ααΈαααΈαααΈ DPTSC α GAD ααΌααΈ α±ααααα‘α¬αα¬αααΈαα¬α
GAD α αααΈα α¬αααΈαα αααΈαα±αα»αα¬ ααα±αα¬ααΈα±ααααΈ DPTSC
α±αα¬ααΈαα±αα¬αΈα±αΎααα¬ααΌααΈ α‘α±αα¬ααΈα‘αα‘αα»ααΈ αααΈαα±αα»αα¬α‘αα»ααΈ αααΈαααΌααΈαααΈαα±αα»α αα»ααΈαααΈαααΈ
DPTSC ααΌααΈ GAD
αΏ ααααΈααα±αα¬ααα¬αα α±αα¬αΈα±αΎαα±ααααΈ GAD α α±ααααα‘α¬αα¬αααΈαα¬α
α α‘αααΈαα±ααααα¬ααΌααααΈα±αααΌααΈα±αα αα αΈ αααΈαααΈαααΈα±αα¬ααΈαααΈ GAD α α±ααααα‘α¬αα¬αααΈαα¬α
ααααΈααα±αα¬ααα¬
α αααΈαααΈαα»ααΈα±ααα¬ααΌααΈαααΈαααΈ ααααΈααα±αα¬ααα¬ααΌααΈ αααΈααααΈαα¬
α αααΈα±αα» αααΈαααΈαα±αα¬ααΈα±ααααΈα±αα¬ααΈαααα¬ααΌααΈ α‘αα¬α‘α±αα¬ααΈα‘ααα¬α α‘α±αα¬ααΈα‘αααΈα±αα¬αΈαααΈ
GAD α α±ααααα‘α¬αα¬αααΈαα¬α ααααΈααα±αα¬ααα¬
α REGDP α‘α±αα¬ααΈα‘αααΈα±αα¬αΈα±αα¬ααΈαααΈα α±α α¬ ααΈαΎαααΈαααΈααΌααΈ α‘ααααΈαααΈ
DPTSC ααΌααΈααααΈααα±αα¬ααα¬
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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αΏα α±α α¬ααΈαΎαααΈαααΈ ααΌααΈ α‘ααααΈαααΈ
αα ααααΈααα±αα¬ α‘ααΈα±αα¬ααΈα αα¬α αααα αα»α¬α‘α±αα‘α±αα α αΈαααΈα±αα¬ααΈαααααΌααΈα‘α α±α α¬ααΈαΎαααΈααα α αααΈ αααΈα±αα¬ααΈαααΈαα αΈαααΈα ααααΈααα±αα¬ α‘ααΈα±αα¬ααΈα αα¬α α ααααΈααααΈααα»ααΈααΌαααΈ
α‘α±αααα₯αΈα‘αα αΈαααΈααΌααΈα±αα¬ α‘α±αα‘α±αα α α αΈαααΈααααΈα ααααΈαα±ααααΈα GAD αααΈ REGDP α‘α±αα¬ααΈα‘αααΈα±αα¬αΈαααΈ ααααΈααα‘α±αα‘α±α αα α₯αΈα‘α αααΈαα α¬α αααΈααααΈαα αΈαααΈα α‘α αααΈαα α¬αα»ααΈ
REGDP α‘α±αα¬ααΈα‘αααΈα±αα¬αΈα±αα¬ααΈααα‘α±αα‘α±αα REGDP ααααΈαα¬α αααΈαα¬αααΈα±αα¬ααΈαααΈα‘αααΈαα¬ααΌααΈ αααΈααααα αα«αααΈαααΈαα αΈαααΈ (ααα¬ αα)α DPTSC αααΈ αα α₯αΈα‘α αααΈαα α¬αα¬α ADB αα αααΈααααΈ
α ααααΈαααααΈα‘α αααΈαα α¬αα¬α‘αα αΈ α α ααΈαααΈαα αΈαααΈα
ααα¬ ααα α‘αα»ααΈα±α α¬ααΈαΎαααΈαααα¬α‘αα»ααΈ α‘ααααΈαααΈαα¬α αααΈα αα αΈαα¬ααΌααΈ α±α α¬ααΈαΎαααΈαααΈα‘ααααΈα±α
α‘α ααΈα‘αααΈ α‘ααααΈαααΈ αααΈα αα αΈ α‘ααααΈα±α
REGDP α‘α±αα¬ααΈα‘αααΈ
α±αα¬αΈαααΈ
α±αα‘ααΈα±αα¬α±αα¬αΈα±αΎαααα¬α αααααα‘αα‘α α¬α‘αααΈα±αα±αα¬αΈ
αα¬α±αα¬ ααααΈαααΈ α‘ααΈα±αα¬ααΈα α‘α±αα‘αα»ααΈ
ααααΈαα±αα¬ αααΈαααΈα±αα» α±αα» αα» α‘α±αα‘αα»ααΈ
αααΈαααΈα±αα» α±αα» αα»αααΈα±αα¬ααΈαα αα¬/α α‘αααΈ α‘α±αα‘αα»ααΈ
αααΈαΎαα¬ααα‘αα‘α α¬α‘αααΈ αααΌα±αα¬ αααΈαΎαα¬ααααΌααΈ
α±αα¬αΈα±αΎααααΈ α±αααΌααΈααα α‘α±αα‘αα»ααΈ
αα¬αααααΈαααα¬ααΌααΈ αααΈαααΈαΏα αααΈααααΌα±αα¬αααΈαΎαα¬αα ααΌααΈ
αααΈααααΈαα¬α α ααααΈααα»α±α α‘αα»αα α±αααΌααΈαα±αα¬
α‘α±αα‘αα»ααΈα αααΈαΎαα¬αα α‘αα‘α α¬α‘αααΈ α±αα¬αΈααααΈ
α±αα¬αΈα±αΎαα±αα‘ααΈαα¬αα»ααΈ ααααΌααΈαααΈαα»ααΈααΌα αΈα₯αα
αααΈααΌααΈαααΈ αααΈααααα±αα¬ α‘α±αα‘αα»ααΈ
α‘αα‘α±αα¬ααΈα‘ααααα±αα¬ ααααΈαα»ααΈα±αα¬α‘ααΈα αα¬
α‘α±αα‘αα»ααΈα α‘α±αα¬ααΈα‘α α‘αα‘α α¬α‘αααΈ α±αα¬αΈααααΈ
αααΎαααΈα±αα‘α αααΈαα α¬αα¬α αααΈαααΈααααΈαααΈ ααΌααΈ
α‘αααΈααααΈα
αααΈαα±αα α¬αα»ααΈα α¬αααΈαα¬ αααΈαααΈααααΈαααΈα
α±ααααα‘α¬αα¬αααΈαα¬α GAD ααΌααΈ DPTSC αααΈαααΈαα¬α
α‘ααΈαα¬ααααΈ
ααααΈααααα¬α
α‘ααΈαα¬ααααΈ
α±αα¬αΈα±αΎαααΌααΈ α ααααΈααα»αα αααΈαα αααΈαα¬α
αααΈαααΈααααΈαααΈααΌααΈ α‘αααΈααααΈ
REGDP αααΈααΌααΈαααΈαα¬ ααααΈαααααΈ REGDP
α‘α±αα¬ααΈα‘αααΈα±αα¬αΈα α₯αΈ α‘αα»ααΈ αα α₯αΈαααΈα±αα¬ααΈαααΈ
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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α‘α ααΈα‘αααΈ α‘ααααΈαααΈ αααΈα αα αΈ α‘ααααΈα±α
α αΎαα€α‘αα»ααΈαα»ααΈ αα¬ααααΌαα¬ α±αα¬ααΈαα ααΈααααΈ α‘α±αα¬ααΈα‘α
αααΌα±αα¬ αα¬αα¬α ααΈαα α‘α±αα‘αα»ααΈ
αααΈα±ααα¬α‘αααΈ α±αααα±αα¬ααΈααααΈ α±α αααΈ
α‘α±αα‘αα»ααΈ α±α αΌα¬αΈαααΈααα¬α±αα¬ αα α₯αααΈαα¬α
α‘αα‘α α¬α‘αααΈ α±αα¬αΈααααΈ
αααΈαααΈαααΈαααΈαααΈ α‘αααΈ
ααααΈαα±αα¬ αααΈαααΈα±αα» α±αα» αα» α‘α±αα‘αα»ααΈ
αααΈαααΈα±αα» α±αα» αα»αααΈα±αα¬ααΈαα αα¬/αα‘αααΈ α‘α±αα‘αα»ααΈ
αααΈαΎαα¬ααα‘αα‘α α¬α‘αααΈ αααΌα±αα¬ αααΈαΎαα¬ααααΌααΈ
α±αα¬αΈα±αΎααααΈα±αααΌααΈααα α‘α±αα‘αα»ααΈ
αα¬αααααΈαααα¬ααΌααΈ αααΈαααΈαΏα αααΈααααΌα±αα¬αααΈαΎαα¬αα ααΌααΈ
αααΈααααΈαα¬α α ααααΈααα»α±α
α‘αα»αα α±αααΌααΈαα±αα¬ α‘α±αα‘αα»ααΈα αααΈαΎαα¬αα
α‘αα‘α α¬α‘αααΈ α±αα¬αΈααααΈ α±αα¬αΈα±αΎαα±αα‘ααΈαα¬αα»ααΈ
ααααΌααΈαααΈαα»ααΈααΌα αΈα₯αα αααΈααΌααΈαααΈ αααΈααααα±αα¬
α‘α±αα‘αα»ααΈ α‘αα‘α±αα¬ααΈα‘ααααα±αα¬
ααααΈαα»ααΈα±αα¬α‘ααΈα αα¬ α‘α±αα‘αα»ααΈα α‘α±αα¬ααΈα‘α
α‘αα‘α α¬ α‘αααΈα±αα¬αΈααααΈ α αΎαα€α‘αα»ααΈαα»ααΈ αα¬ααααΌαα¬
α±αα¬ααΈαα ααΈααααΈ α‘α±αα¬ααΈα‘α αααΌα±αα¬ αα¬αα¬α ααΈαα
α‘α±αα‘αα»ααΈ α αΎαα€α‘αα»ααΈαα»ααΈ αα¬ααααΌαα¬
α±αα¬ααΈαα ααΈααα±αα¬
αααΎαααΈα±αα‘α αααΈαα α¬αα¬α αααΈαααΈααααΈαααΈααΌααΈ
α‘αααΈααααΈα
αααΈαα±αα α¬αα»ααΈα α¬αααΈαα¬ αααΈαααΈααααΈαααΈα
α±ααααα‘α¬αα¬αααΈαα¬α GAD
ααΌααΈ DPTSC αααΈαααΈαα¬α α‘ααΈαα¬ααααΈ
ααααΈααααα¬α α‘ααΈαα¬ααααΈ
αααα αα»α¬α α αΈαααΈααααΈ
αααα¬α α αΈαααΈα±αα¬ααΈααααΈ
ααΌααΈ ααααΈαα¬α α‘α±αααα₯αΈ
α‘αααΈα‘αααΈαα¬ααΌααΈ ααααΈααΌα₯αΈαααΈ
ααααΈααα±αα¬ αα¬αα¬α ααΈαααα¬α α±α αααΈααΌααΈαα¬α
ααααΈαα»ααΈα±αα¬α‘ααΈα αα¬ααΌααΈ ααα¬α±αα» αααΈα‘ααΈα αααΈ
α±αα» α±αα» αα»αα¬ ααααΈαααΈ
α±αα¬αΈα±αΎαα±αα‘ααΈαααΈ αΏαα αΏαα±αα¬ααΈ αα αΈααΌα αΈα‘αΎαα¬
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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α‘α ααΈα‘αααΈ α‘ααααΈαααΈ αααΈα αα αΈ α‘ααααΈα±α
αα¬αα¬α ααΈαα α‘α±αα‘αα»ααΈ αααΈα±ααα¬α‘αααΈ
α±αααα±αα¬ααΈααααΈ α±α αααΈ α‘α±αα‘αα»ααΈ
ααααΈααα±αα¬ α‘ααΈα±αα¬ααΈα αα¬α αααΈα±αα»
α±α αΌα¬αΈαααΈααα¬α±αα¬αα α₯αααΈαα¬α α‘αα‘α α¬α‘αααΈ α±αα¬αΈααααΈ
ααΏα α±αα¬αΈα±αΎαα±αα‘ααΈαα αΏαα αΏαα±αα¬ααΈ αα αΈααΌα αΈα‘αΎαα¬αα»ααΈ α±αααΌααΈαα»ααΈααΌα±αα±αα¬αα α₯αααΈαα¬α
α‘αα‘α±αα¬ααΈα‘α α±αα‘ααΈαααΈ αα‘ααΈα±αα¬α‘ααΈα αα¬α α‘αααΈα‘αααΈ ααΌααΈ ααααΈα±αα¬α‘ααΈα±αα¬ααΈα αα¬α
αααΈα±αα»α‘αααΈα‘αααΈααα αααΈααΌααΈαααΈα‘αα»ααΈ α±α α¬ααΈαΎαααΈαααΈα αααΈα±αα¬ααΈαααΈαα αΈαααΈα ααααΈα±αα¬ α‘ααΈα±αα¬ααΈα αα¬α‘αΎαα¬αα»ααΈ αααα¬α α αΈαααΈ α±αα¬ααΈααααα αΈαααααΈ
αααΈα±αα¬ααΈα±αα¬ααΈαααΈα±αα¬ααΈαααΈαα αΈαααΈα αααΈα α αΈαααΈα±αα¬ααΈααααα»ααΈ α‘α±αααα₯αΈ αααΈααΌααΈαααΈ α α αΈαααΈαα»ααΈα‘αααα±αα¬ α±ααα»ααΈαα¬α α‘αααααΈαα αΈαααΈα α ααααΈααααΈαααΌααΈ α ααααΈα±αα¬ααΈααΌαΏα
α±αα¬ααΈαα»ααΈ ααααΈααα±αα¬ α‘ααΈα±αα¬ααΈα αα¬ α‘αααααΈ ααααΈαα»ααΈα±αα¬ α‘ααΈα±αα¬ααΈα αα¬α α±ααααΈααα‘α±αα‘α±ααα¬ αα¬αα¬αααΈα αααααΈ αααΈα α αΈαααΈααΌα αΈαααΌ ααααΈαα¬α ααααΈααΌα₯αΈαααΈαα αΈαααΈα
α α αΈαααΈααααΈααΌααΈ α‘αααΈα‘αααΈ α±αα¬ααΈαα±αα¬ α‘αα¬αααΈα αα αΈαα¬α α‘α±αααα¬ αα α¬α±ααααΈ αααΈα±αα¬ααΈαααα¬α ααααΈααα±αα¬ ααα¬ααΌααΈα‘α ααααΈαα αααΈαΏα α ααααΈαααΌαααΈαα¬αααΌααΈ ααααΈααΌα₯αΈαααΈ
αααΈαααα‘α±αα‘α±α ααα±αα¬ααΈαα»ααΈαα¬αααΈαααΌαααΈα±αα¬αΈααΌ ααααΈα‘α±αα‘α±ααα»ααΈ ααΌα±ααααΈ α±ααα¬α±α αααΈ αααΈα±αα¬ααΈαααΈαα αΈαααΈα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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α±αα¬ααΈαααΈαα»
α‘ααΈαα¬αααααΈαα α‘αααΈ- ________________________ α‘ααΈαα¬αααααΈαααΈαααΈα α»-
___/____/αΏα
αα α α αΈαααΈα±ααΎαα¬α
α α‘αααΈ :
αΏα α‘ααΈα±αα¬ααΈα₯α ααΌααΈ α±αα¬αΈα ααΈα :
αα α‘αααΈ (ααΌα αΈ) :
αα αα¬/α : (α) αα¬ (α) α
αα ααα‘ααΈα :
αα ααα»ααΈαααΈαα¬αα¬ :
αα α±ααα»α¬ :
α α αΏαααααΈ :
αα αα«ααΈα‘α¬ααααααΈα±ααααΈ :
αα ααααααααΌααΈ α‘αααΈα‘αααΈαααΈαα¬α‘αααΈα‘αααΈ
α()α ααα¬α αααΈα‘α±αα‘αα»ααΈα α α±αα«ααΈ - _____ αα¬ _______ α _____
αΏα α‘ααΈα±αα¬ααΈα αααΈαα¬α α‘αααΈα‘αααΈαα¬
SL α‘ααΈαα¬αα±ααΎαα¬αααΌααΈ
α±αα¬αΈα ααΈα αα¬/α α‘αααΈ
ααα¬α±α (α‘αααΈ α
ααΌα αΈααΌααΈ α‘αααΈ)
αααΈαα‘αααΈα‘αααΈ (α‘αααΈ
α ααΌα αΈααΌααΈ α‘αααΈ)
αΏ
α
α
α
α
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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α
α
α
αα±αα€αααααΈ ααααΈαΎαα¬αααΈ (Coding instruction)
ααα¬α±α- . ααα¬ααααΈ αΏ. αααααΈ α. α‘αααΈαααΈ α. α‘αααΈαααΈ α. ααααααΈα‘αααΈ α. ααααααΈαα»αα
α. α‘αααΈα±αα» αααΈα±αα¬ααΈααα¬
α‘αααΈα‘αααΈ- . α ααΈαα±αα αΏ. α αα»α¬α±αα α. α‘α αα‘αααΈα‘αααΈ α. αααααα‘αααΈα‘αααΈ α. α±ααα α¬α‘αααΈ α. α‘ααΈααα‘αααΈ α. α‘αααΈαααΌ α . α±αα¬ααΈαα¬ α. α‘α±αα ααΈα±αα¬αΈααα«
α(α)α ααααΈα α»ααΈα±αα¬ααα¬α αααΈα‘α±αα‘αα»ααΈ(αα¬ααΎαα¬α αα»αα‘α αααΈααααΈα αααΈαααΈααααΈα α»ααΈ) : ___________
αα α±ααααΈαααΈαα
.α α ααΈαα±α: _______ α§α .αΏ αααΈαααΈαααα : ________ (LUC, Lease, Free Occupancy)
αΏ. αα αΈαα ______ α§α αΏ.αΏ αααΈαααΈαααα : ________ (LUC, Lease, Free Occupancy)
α. αα¬αα¬αΏα _____ α§α α.αΏ αααΈαααΈαααα : ________ (LUC, Lease, Free Occupancy)
α. αα±ααααΈαα¬: _______ α§α α.αΏ αααΈαααΈαααα : ________ (LUC, Lease, Free Occupancy)
α. α αα»α¬α±α : ______ α§α α.αΏ αααΈαααΈαααα : ________ (LUC, Lease, Free Occupancy)
α. α‘αα¬ __________α§α α.αΏ αααΈαααΈαααα : ________ (LUC, Lease, Free Occupancy)
α α α±αα«ααΈ - ________α§α
αα αΏα αααΌα αΈαα»ααΈ α ααΈαα±αα¬ αααΌαα¬ .αα¬αα‘αααΈ
αααΈαααΈαα¬α α±αα¬ααΈα±αα»ααα¬α αααΌα±αα¬ααΈα±α (αααΈαα»ααΈα±αα«ααΈα±α )
. α αα« α ααΈ / αα ααΈ α ααΈ / αα ααΈ __________ αααΈ / _______ .αΏ αα‘αα α ααΈ / αα ααΈ α ααΈ / αα ααΈ __________ αααΈ / _______
.α α±αα α ααΈ / αα ααΈ α ααΈ / αα ααΈ __________ αααΈ / _______ .α ααΌααΈ α ααΈ / αα ααΈ α ααΈ / αα ααΈ __________ αααΈ / _______
.α α±ααΎαα¬ α ααΈ / αα ααΈ α ααΈ / αα ααΈ __________ αααΈ / _______ .α α‘αα¬ (α±αα¬αΈααα«) _____________________________
αΏ αα αΈαααΈαααΌ - α‘αααΈα‘α±αα‘αα»ααΈ αα»ααΈαααΈα±αα¬ααΈα±α (α ααΈαααΈα±αα¬ααΈα±α )
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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. αα αΈααααΈ- ______ _________αααΈ/_____
αΏ.αΏ αα¬αα¬αααΈαα¬- ______ _________αααΈ/α±αα«ααΈ
αα α±αααΌααΈααα¬
α()α α±αα¬ααΈα±α α‘αααΈα‘αα αΈ - αααΈα±α/α‘αα αα»ααΈ/α±ααα»ααΈ/α ααΈα±αα¬ααΈ/α±αα‘ααΈ ααααααΈ αα αΈ ααααααΈ αααΈα±α αα»ααΈα±αα¬ααΈ
α(αΏ)α α‘ααΈαα¬ - α±αα±αα¬ααΈ ααααααΈ α±αα/αααΈα‘ααΈαα¬/αα‘ααΈαα¬/α‘αα¬/αααΌ
α α αΏα αααΌα αΈ α‘αα¬αααΈαααΈα±αα»
α ααΈαα±α - ___________________ αααΈ
α αα»α¬α±α - ___________________ αααΈ
α±ααα α¬ ααΌααΈ ααα α¬ - ___________________ αααΈ
ααα±αα» - ___________________ αααΈ
ααα α¬α¦ααΈα±αα¬ααΈααα - ___________________ αααΈ
α‘αα¬ (αααΈαααΈαααα¬α ααΌα¬αααΈαααΈα αα αΈα±αα¬αα»ααΈαα α₯ααΈα±αα¬ααΈααααΈα αααΈα±αα¬ααΈαααΌαααΈ) -
________________ αααΈ
α α α±αα«ααΈ - ___________________ αααΈ
αααΏα αααΌα αΈ ααΌα αΈα α₯αΈ α‘ααΈα±αα¬ααΈα α‘αα αααΈ
α‘α α¬α‘α α¬ -___________________ αααΈ
ααα¬α±α -___________________ αααΈ
αααΈαα¬α±αα±α α¬ααΈα±ααΌα¬ααΈαα -___________________ αααΈ
α‘α‘ααΈ -___________________ αααΈ
α‘αααΈα‘α α¬α ααααΈ ααΌααΈα‘αα¬αα αΈαααΈαααΈα‘α -___________________ αααΈ
α±αα¬αΈα±αα±αααΌααΈ αα»αααΈαααΈαααααα¬ -___________________ αααΈ
α‘αα¬ -___________________ αααΈ
α α α±αα«ααΈ ________________ (α±αα¬ααΈα±αα«ααΈ) αααΈ
αα αα«ααΈα‘α¬ααααααΈα±ααααΈα ααααΈα‘α±αΎαα¬ααΈαααΌαα (ααΌααΈαααΈα±αα¬α‘α±αα αααΈαα«)
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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αααΌαα«αααΈ / ααααΌαα«
α α α€αα«ααΈα‘α¬ααααααΈα±ααααΈα ααααΈα±αΎαα¬ααΈ αααΈαααΈαα»α¬α‘α±αα αααΌαααΈαααΈ α±αα¬ααΈααααΈα±αα¬ααΈαααα¬
______________________________________
αα α€αα«ααΈα‘α¬ααααααΈα±ααααΈα ααααΈα±αΎαα¬ααΈ αααΈαααΈαα»α¬α‘α±αα αααΌαααΈαααΈ αααααΈα±αα¬ααΈαααα¬
______________________________________
αα αααα αα»α¬αααΈαα¬ α±ααα»ααΈαα¬
α()α α‘ααΈ
(α‘αα α‘αα¬α‘ααα α₯ααΈ) - αα ααααααΈ αααΈαααΈ ααααααΈ α‘ααΈαααΈ/αα«/ααα/αα αΈαα¬/α‘ααΈ ααααααΈ αα»ααΈααα αΈ/ αα»ααΈαα¬ (αΎαααΈαααΈαα α₯ααΈ) - αα«/αα αΈαα¬/α‘ααΈ ααααααΈ αα»ααΈααα αΈ/ α±αΎαα» αα¬
(α‘ααα α₯ααΈ) - αα ααααααΈ αααΈαααΈ ααααααΈ α‘ααΈαααΈ/αα«/αα αΈαα¬/α‘ααΈαΎαα»ααΈ/αα»ααΈαα¬
α (αΏ)α α‘ααΈα±αα¬ααΈα αα»ααΈ α‘αααααΈ α α»ααΈα‘ααΈ
αααΈα α‘ααΈα±αα¬ααΈα αα»ααΈ α±α‘α¬ααΈαα« α‘ααΈαα»ααΈ αααΈα±αα¬ααΈαααΈαα¬ αααΈα±αα¬ααΈαα¬α αααΈαααΈ α α»ααΈα‘ααΈ α‘αα‘α α¬α α‘ααααααΈα
ααΌα
αΈα α αΈαα«
ααΈα‘
α¬
α±ααα
LPG
α±αα
αα±α
α¬ααΈα
ααΈ
ααα»α
αΈ
αα
αΈαα
α αα«α
α» (α±α
α¬ααΈα α¬
α‘α
α αΈ)
αα α
αΈ
αααΈ
αααα
αα±α
α‘α¬
ααΌα
αΈα α αΈ
α±αα±α
α¬ααΈα
ααΈα α»α
αΈα‘ααΈα
αα αΈ
α‘α
α¬α α»α
αΈα‘ααΈ
(α±αα¬
αΈααα«)
αααΈαααΈαααΈ
ααα»ααΈαααΈ
α‘ααΈαα»ααΈ α‘α±α‘ααααΈ (α₯ααα¬α α‘αα»ααΈα‘αααααΈ)
α±αα‘αα±ααααΈ
αααΈαααΈααΎαα¬αΎαααΈαααααΈ
α±ααα±ααα¬α‘αααααΈ
α±αα ααΈαααΈ
α‘αα¬α‘αααααα¬ααΌαα«α (α±αα¬αΈααα«)
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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α (α)α α α»ααΈα‘ααΈαααΈαα¬ ααΌα αΈα α₯αΈ α‘αα αααΈ
α‘ααΌααΈαα αΈαα« αα αΈααΌα αΈα α¬ αααΈααΌ α‘αα αααΈα α±αα¬αΈααα«α ααΌααΈα α αΈαα«ααΈα‘α¬ αααΈ LPG αααΈ αααΈαα αααΈ αααΈ αααΈ αα±αα¬ααΈαααΈ αααΈ αα±αα» αααΈ α±αα¬ααΈαα±αα» αααΈ α±ααα αααΈ
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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α±αα¬ααΈαααΈαα» αΏ
α‘αα¬αααΈαα‘αα»ααΈ ααααΈα‘αααΈα‘αααΈαα¬αα«αααΈαααΈ α α¬α‘ααΈαααΈ (PIB)
αααΈα±αα¬ααΈα αααΌααααΈαα¬αααΈαα±αα¬αΈα‘α α
ααΌααΈα α αΈααΌααΈα α»ααΈα‘ααΈαααΈαααα¬α ααΌααΈα α αΈαα«ααΈα‘α¬ααααααΈα±αααΌααΈαα»ααΈαα±αα₯α αα¬α ααΌααΈα α αΈαα«ααΈα‘α¬αα»ααΈαααΈαα»ααΏαααααΈα±αα ααααΈ
αα«ααΈα‘α¬ααααααΈα±αα‘α ααΈα‘αααΈ
α ααΌααΈα α αΈαα«ααΈα‘α¬αα»ααΈαααΈαα»ααΏαααααΈα±αα ααααΈ - αα«ααΈα‘α¬ααααααΈα±αα‘α ααΈα‘αααΈ ααααΈααΌα¬ α‘αααΈαααΈ ?
α€α ααααΈαααΈ αααΈαα¬αααΈααα»ααΈ α±αααα¬α α»α¬αα ααΌααΈα α αΈαα«ααΈα‘α¬α±ααααΈα±α αααΈααΌααΈ ααΌααΈα α αΈαα«ααΈα‘α¬α‘α±αααα»ααΈ
ααΎαααΈαα α¬αααΈαα ααα±αα¬ααΈαα»ααΈαα¬α±α αααΈα‘αα»ααΈ ααΌαΌααΈα α αΈααΌααΈα α»ααΈα‘ααΈαααΈαααα¬α (MOEE) α αααααΈα‘α¬αααΈααα α‘α ααΈα‘αααΈαα αΈααα αΈαααΈα αααΈαααα αΈαα¬α±α αααΈ MOEE αααΈ αα«ααΈα‘α¬
ααααααΈαααΈαααΈαα¬ ααΌααΈ αα«ααΈα‘α¬αααΈααα±ααααΈαα¬α ααααααΈα±αα¬ααΈαααΈαα αΈαααΈα α ααααΈαα»ααΈ α‘α ααΈα‘αααΈααΌα αΈααα«αααΈαααΈ - αα«ααΈα‘α¬ααααααΈαααΈ ααΌααΈ αα«ααΈα‘α¬αααΈαααααΈαααα αΈαααΈα αα«ααΈα‘α¬ααααααΈαααΈ
αααΈαα¬αααΈ ααΌααΈα α αΈαα«ααΈα‘α¬ααα¬ααα¬α α»α¬α ααααΌααΈαααΈα±αα¬ααΈαα¬ αα«ααΈα‘α¬αα»ααα¬αα ααα±ααΏα ααΌααΈα α αΈαα«ααΈα‘α¬α αα«ααΈα‘α¬αααΈααα±ααααΈαα¬ααΌααααΈ α‘ααΈαα¬α α ααΈαααααΈαααΈαα¬α α αα»α¬α±ααααΈαααΈαα¬ααΌααΈ
α‘αα¬α‘ααααα¬ααα αααΈαααΈαααΈαα»ααΈα±ααααΈα
α ααααΈαα»ααΈ α α α±αα«ααΈ αααΈαααΌααΈα±α α‘αα¬ ααα .αΏ ααααα¬ααΌαααΈ αα«ααΈα‘α¬ααααααΈα±ααααΈ α αα αααΈα±αα¬ααΈαααΈαα αΈαααΈα α‘ααα«αααΈαα¬αααΈ αα«ααΈα‘α¬ αΏα αααα (kV) α ααααααΈαααΈαα αΈαααΈα αα«ααΈα‘α¬ααααααΈα±ααααΈαα¬ααΌ ααααααΈαααΈ ααΌααΈα α αΈαα«ααΈα‘α¬ααα¬αα αααα (kV) αααΈ αααΈαα¬αα«αααΈα αα«ααΈα‘α¬ααααααΈα±ααααΈαα¬α‘α¬ αααΈαα αααΈαααΈ/αααΈα±αααα α ααααα»ααΈ αααΈα±αα¬ααΈαα»α¬αααΈαα αΈ αα«αααΈα αα«ααΈα‘α¬ααααααΈα±ααααΈαα αΈααααΈα α αααΈα±ααα¬ ααΌααΈ α‘αα¬ααααΌα¬ α±α‘α¬ααΈαα«α‘αααΈαα αΈαααΈα
αααΈ-α±αα¬ααΈαα»ααΈαα αα«ααΈα‘α¬ααααααΈα±ααααΈα αα±αα» αααΈα±αααα - α ααααα¬ α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ αα«ααΈα‘α¬ααααααΈα±ααααΈα αα»ααΈαααΈαααΈ ααΌααΈ αααα€α¬ααααΈα±αααα - ααΏ
ααααα¬ α±αα» αααΈα αα¬ αααΈαααΈ - α‘α-ααα¬ αα«ααΈα‘α¬ααααααΈα±ααααΈα αααΈαααΈαααΈα±αααα - α .αΏ
ααααα¬ α±αα» αααΈα αα¬ αααΈαααΈ - α‘α-ααα¬ αα«ααΈα‘α¬ααααααΈα±ααααΈα αααΈαααΈαααΈα±αααα - α.αΏ
ααααα¬
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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α‘α ααΌααΈ ααα¬ αα«ααΈα‘α¬αα»ααα¬α αααΈαα»ααΈαααΈ αααΈα α±αα» αααΈαααΈααΌααΈαααΈ αααα±ααα«α α±αα» αααΈα αα¬ αααΈαααΈ αΏ α ααΌαα«αααΈα αααΈαααΈ αα»ααΈ (α‘α-ααα¬ αα«ααΈα‘α¬ααααααΈα±ααααΈ) αααΈ αααΈαα¬αααΈα αααΈαααΈαα»α¬αααΈαα αΈαααΈα αααΈαααΈ αΏ αα»ααΈα αααΏαααααΈααΌααααΈ αα αΈα ααΌα αΈααααΈαααΈαααΈαα»α¬αααΈ αα αΈαααΈα
αΏα αα«ααΈα‘α¬ααααααΈα±ααααΈα α‘ααα‘α ααΈα‘αααΈαα¬ααΌα¬ α‘αααΈαααααΈ ?
α‘αα¬αααΈα α±αα‘ααα¬ααΈαααΈααΌααΈα±α ααΌααΈ αααΈαααΈαααΈαααΈαα α‘αααΈα±αα±αα¬α±αα»αα±α α±αααα‘αα»ααΈ αα«ααΈα‘α¬ααααααΈα±ααααΈαα¬α‘α¬ αα¬αα«αααΈαα¬ ααααααΈ αααΈαα¬αααΈ α‘αααΈααΌ αα»ααΈαααΈαααΈαα αΈαα«αααΈα αααΈ-α±αα¬ααΈαα»ααΈαα ααΌααΈ α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈαααΈαα¬αα»ααΈ α‘α±ααααΈα±ααααΈααΌαααΈ αα¬αα«αααΈαα¬α α‘αααα»α¬αααΈαα αΈαααΈα αααΈαααΈ αΏ (α‘α-αα-ααα¬) αα»ααΈαααΈ αα¬αα«αααΈαα¬α α‘αααα»α¬αααΈ αα αΈαααΈα
αααΈαααΈαΏααα‘αααΈαα»ααΈ α±ααα¬α‘αααΈαα‘αααΈααΌα±αα¬α±αΎαα¬ααΈ αααΈαααΈ (α‘α-ααα¬ αα«ααΈα‘α¬ααααααΈα±α αααΈ) αα»ααΈ αααΈαα¬α α‘αααααΈαα αΈαααΈα αα«ααΈα‘α¬ααααααΈα±ααααΈαα¬ αααΈα±αα¬ααΈαα¬αα»ααΈ ααα¬ αα αααΈαααΌααΈ αα¬αα«αααΈ ααααααΈ αααΈαα αΈαααααΈαααΈ αααΈα±αα¬ααΈαα»α¬αααΈαα αΈαααΈα αααααΈααΌα¬ αααΈ-α±αα¬ααΈαα»ααΈαααααΈα‘αα»ααΈ αα¬αα«αααΈ ααα ααααΈα αααΈα±αα¬ααΈααααΈαα αΈαΏα α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈαααΈ α‘αα»ααΈ αα¬αα«αααΈ ααΏ ααααΈα αααΈα±αα¬ααΈααααΈαα αΈαααΈα αααΈαααΈ (α‘α-ααα¬ TL) αα»ααΈ αααΈ α α ααΌααΈ αααΈαααΈ αΏ (α‘α-αα-ααα¬ TL) αα»ααΈ αα¬αα«αααΈ αα ααααΈα αα‘ααΈαααΈαα αΈαααΈα
αααα¬αα»ααΈ αα«ααΈα‘α¬ααααααΈα±ααααΈαα αΈααα»ααΈ ααΌααΈα α αΈαα«ααΈα‘α¬α αααΈααα αααΈαααΈα ααααΈ αα«ααΈα‘α¬αα»ααα¬ ααααΈ αα‘ααΈαααΈαα αΈαααΈα αααΈ-α±αα¬ααΈαα»ααΈαααααΈ ααΌααΈ αααΈαααΈ (α‘α-ααα¬αααΈ) αααα»ααΈ αααΈα α‘ααα αΈαααΈα α αα«ααΈα‘α¬αα»ααα αΈαα αααΈα±αα¬ααΈαα¬ αα«ααΈα‘α¬αα»α αΏ αα αααΈα±αα¬ααΈαααΈαα αΈαααΈα αααΈ- α±αα¬ααΈαα»ααΈαααααΈα‘αα»ααΈ αα‘ααΈαααΈ αα«ααΈα‘α¬αα»α αΏ αααΌα¬ αααΈααΌαα»ααΈ ααΌαΏααα¬αα αΈαααΈα αααα¬αα»ααΈ αααΈαααΈ (α‘α-ααα¬αααΈ) α‘αα»ααΈαα αα«ααΈα‘α¬αα»α ααα¬ ααΌα±ααΏα αααΈ αα αααΈα±αα¬ααΈαααΈ αα±ααααΈα αααΈαααΈ αΏ (α‘α-αα-ααα¬αααΈ) αα»ααΈ αα«ααΈα‘α¬αα»α α α ααΌαααΈαα αΈαααΈα αααΈααΌαα»ααΈ αα«ααΈα‘α¬αα»α αααΌαΏααα αΈαα¬ αααΈ αΏ αα αααΈα±αα¬ααΈαα»α¬αααΈαα αΈαααΈα α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈαααΈαα»ααΈ αα«ααΈα‘α¬αα»α α α ααΌαααΈαα αΈαααΈα αααΈα‘αααΈ αααΌαΏααα αΈαα¬ αααΈ αΏ αα α‘α ααααΈα±αα±αααα»ααΈ αααΈα±αα¬ααΈ αααΈαα αΈαααΈα
αα αα«ααΈα‘α¬αααΈααα±ααααΈαα¬α±αΎαα¬ααΈ αα‘αα¬α‘α±αααα»ααΈ α‘αααα αΈαααΈα±αα¬ αααΈα±αα¬ααΈαααα¬ααΌα¬ α‘αααΈαααααΈ ?
αα«ααΈα‘α¬ααααααΈα±ααααΈαα¬αααΈ αααΈαααΈαααΈαααΈαααΈα‘αα«αα»ααΈ ααα¬α±αα¬αα‘α±αα‘αα»ααΈααα ααΌααΈα α αΈ
αα«ααΈα‘α¬ααα±ααααΈαααΈαα αΈαααΈα ααα±αα¬αΈ αααΈαα«ααΈα‘α¬αααΈαα¬ αααΈα±αα¬ααΈαααΈα‘αα»ααΈ α ααΈαα α₯ααΈαα¬α αααα¬αα¬α ααα¬ ααΌααΈ αααΈαα¬αα«αααΈαα¬α αααΈαα¬ ααΌααΈ αα«ααΈα‘α¬αααΈαα¬αααΈαααΈαααΈαα‘ααΈαααΈ
αααΈα±αα¬ααΈαααΈαα¬α‘αα»ααΈ αα«ααΈα‘α¬αααΈα±αΎαα¬ααΈαα αΈα±αα¬ααΈααα»ααΈ αα ααα¬αααΈαααΈα±αα¬ α±ααα¬αα»ααΈ αα αΈαα αα‘ααΈαααΈα αααΈα‘αααΈα‘αααΈα α αΎαα€αα±αααααΈα αααΈα±αα¬ααΈα±ααα¬αα‘αα»ααΈαα»ααΈ
α αΎαα€α‘αα»ααΈααΌ αααΌαα¬ ααΌααΈ α‘α±αα¬ααΈα‘α‘αα¬α αα¬ααααΈααΌα¬αααΈ αα‘ααΈαα«αααΈα
αααα¬αα»ααΈ αααΈ-α±αα¬ααΈαα»ααΈαα ααΌααΈ α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ α αΎαα€ααΈαααα»ααΈ α±ααα¬αα»ααΈαα¬ αααΌαααΈαααΈα±αΎαα¬ααΈ
αααΈαααΈ α‘α±αα¬ααΈα‘α‘ααΌ ααααΈααααΌαααΈααααΈαα«α αααααΈ αααΈαα¬αααΈα±αα¬ααΈαα¬αα»ααΈ αααΌαα¬ααΌαααΈ
αααΈα±ααα¬α‘α¬ αααΈαααΈαααΌ α±ααΌα¬ααΈααΌα¬αααΈα±αα¬ααΈαα»α¬αααΈαα αΈαααΈα α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈ αααΈααΌ
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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αα¬αα¬α ααΈαααΈαα¬α‘αα»ααΈα α αΎαα€ααΈα‘αα»ααΈ αααΌα‘αααΈ αΏ ααα¬ αααΈααααΈααα αααΈα±αα¬ααΈαα»α¬αααΈαα αΈα±αα¬
α±αΎαα¬ααΈ αα¬αα¬α ααΈαααα‘α¬ ααΌα αΈα α₯αΈ αα¬αα‘αααΈαααΌαα¬αααΈ α‘α α¬ααααΈ αα‘ααΈαααΈαα αΈαααΈα αααΈαααΈ
(α‘α-ααα¬αααΈ) αααΈα±αα¬ααΈαα¬αα»ααΈ αααΈαα¬αααΈ α‘αααΈαααΈααΌ αα¬αα±α αααΈαα¬ ααααΈαα ααΌα±αα¬ααΈ
ααΌαααΈαα αΈαααΈα
αα«ααΈα‘α¬αα»ααα¬α‘αα»ααΈ αααΈαααΈ (α‘α-ααα¬αααΈ) αα»ααΈ α‘α ααααΈα±αα±αααα»ααΈ (ααα¬) αα«ααΈα‘α¬αα»αα
αααΈα±αα¬ααΈαααΈ αα‘ααΈαααΈαα αΈαααΈα αααΈαααΈ αΏ (α‘α-αα-ααα¬) αα»ααΈ (ααα¬ ααΌααΈ αα) αα«ααΈα‘α¬αα»α αΏ
αα αααΈα±αα¬ααΈαααΈαα αΈαααΈα αααα«ααΈα‘α¬αα»α αααΈα±αα¬ααΈαααΈα±αα‘αα»ααΈ ααααα α±ααα¬α‘ααα
αα¬ ααΌαα«αααΈα α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈαααΈα‘αα»ααΈ αα«ααΈα‘α¬αα»α αΏ αα α‘α ααααΈα±αα±αααα»ααΈ αααΈα±αα¬ααΈ
αααΈαα αΈαααΈα αααα¬αα»ααΈ αα«ααΈα‘α¬αα»ααα αΈα (αα¬αααΈ) αααΈα±αα¬ααΈαααΈ α±αα‘αα»ααΈααΌ α‘α±αα«α α¬
αα α₯ααΈαα¬αααΈ α±αα¬ααΈαααΈαα¬αααΈ α α¬α±αα¬ααΈαααΈαα αΈαα‘α¬ αααΈααΌα¬ααααΈαα αΈαααΈα
αα αα½α»ααΈααΈααα αααΌαα¬ααΌααΈ α±α αααΈαα¬ ααααΈαααΈ ααααΈααΈαααΈα αααΈαααΈα‘αααΈαα»ααΈ ααααΈαααΈαααΈ ?
αα¬αα«αααΈαα¬α‘αα»ααΈ α±ααα¬α‘αα‘αααΌααΈ α αΎαα€α‘αα»ααΈ α‘ααΌααΈα‘αα¬αα¬ α±ααααΈα±αααα»ααΈ αααΈααΌααΈα α±αα¬ααΈαα»ααΈαα¬ αααΈ-α±αα¬ααΈαα»ααΈαα ααΌααΈ α±αα¬αΈααΏαααΈ-α±α-αα¬αααΈαααΈαα¬α±αΎαα¬ααΈ αααΈαααΈαααΌαα¬
ααααΈαααΈα αααΌαααΈαααΈαα αΈαααΈα α‘ααΈαααΈααα¬αααΈαααΈαα¬ α‘α±αα ααΈααααΈαα αα¬ α±αα¬ααΈαα»ααΈαΏαααΌαα¬ αααΈαααΈα±αα¬ααΈαααΈαα¬α αααΈα±αα¬ααΈαααΈαα αΈαααΈα αααΈααααΈα‘αα»ααΈαα±αα¬ααΈαααΈ αααΌαα¬α
α‘α±αα ααΈαααΈαα¬α α αΈαααΈα±αα¬ααΈααα (DMS) αααΈα±αα¬ααΈααααΌααααΈ ααΌααΈαααΈαα»ααΈαααΈαα αΈαααΈα α‘αααΈα αααΈα αααΌαα¬αααΈ α‘ααΌααΈα‘αα¬ααα¬α±αα¬ α αΎαα€α‘αα»ααΈαα±αα¬ααΈαα«α αααΈα‘α±ααααΈ ααααααΈαα»ααΈ
αα¬α α‘α±αΎαα¬ααΈαΎαα¬αα¬ αααΈααΌααΈαααΈαααΈα±αα» α±αα» αα ααααΈαα αΈαααΈα DMS ααααΈαααΈαααΈα αααΈα‘α¬ α‘α±αΎαα¬ααΈαΎαα¬αααΈαα αΈαα¬ DMS ααααΈα α‘αα¬αααΈαααΌααΈ αααΈαααΈα±αα» α±αα» αα»αα¬α DMS α±αα¬ααΈαα»ααΈαααα¬
αααα»ααΈ αααΈα‘α±ααααΈ αα±αα«ααΈαα«αααΈα±αα¬ααΈαα»ααΈαααΈ α±ααα¬αααΈααααΈαα αΈαααΈα
αααΈαα¬αααΈα‘αααΈαααΈααΌ α±α αααΈαααΈααΌααΈαα¬α‘α±ααααΈ αααΈααα α±α αααΈαα¬ ααααΈααααΌαααΈ αααΌαααΈα αα«ααΈα‘α¬ααααααΈα±ααααΈα α‘αΏααααΈ αααΈα±ααα¬α αααΈααΌααΈαΏααααΈαα»ααΈ αααΌααααΈαα αΈαααΈα α‘αα¬ α±αα» αααΈα αα¬ αααΈαααΈ αΏ αα α α₯αΈα α¬α±αααα αΈαααΈα αααΈαααΈαα αΈαααΌα¬ αα«ααΈα‘α¬ααααααΈα±ααααΈα‘α¬ αααΈαααΈα‘α¬αα¬αααΈα‘αα»αα‘α ααΈα αααΈα‘αα»ααΈααΌ αααΈα±ααα αΈαα‘αα»ααΈ αα¬ααΌαααΈαα αΈαααΈα α‘αα¬αααΈαααΈααΌα¬ αα«ααΈα‘α¬ααααααΈα±ααααΈαα¬α‘α¬ α‘ααα«ααΈα‘α¬αα»αααΌ αα αΈααααΈα αααΏαααααΈααΌααααΈ αα¬αα«αααΈαα¬ αα¬ααΌαΏα αα αΈα α±αα¬ααΈαα αΈααααΈ αααΈαααΈαα¬ ααα¬ αα«ααΈα‘α¬αα»ααααααΈαααΈαααΈαα αΈαααΈα α‘α-αα-ααα¬ αααΈαααΈαα»ααΈ α αα«αααΈαα¬ ααααΈαααΈαα αΈαΏα αααα»ααΈ αα«ααΈα‘α¬αα»ααα αΈαα αΈα αααΈα±αα¬ααΈαααΈ αα‘ααΈαααΈ αα αΈαααΈα α‘ααα« αα«ααΈα‘α¬αα»αα‘αα»ααΈ α±α αΏ.α αααΈαα¬ αα‘ααΈαααΈαα αΈαααΈα
αα α‘αααΈα ααααα αααΌαα¬ααΌααΈα±α αααΈαα¬ ααααΈααα«α αααΈααΌααΈαα¬α‘α±ααααΈ α‘α ααααΌ αααΈαααΈα α±ααΌα¬αΈαααΈαααΈαααΈαααΈ ?
α‘αααΈα αα¬αα‘αααΈ ααααααΈ αα¬αα αααΌαα¬α ααααΈααα«α α‘α ααααΈ α±α αα»ααΈα±αα«ααΈα±α αααΈ αα αΈαα¬αα α¬ αααΈαααΈαααΈαααΈ αααΌαα¬ααΌααΈ αααΌα±αα¬ α±αα¬αΈα±αΎαα αααΈααΌααΈααα±ααααΈαα αΈαααΈα
αααΈα±αα¬ααΈα±ααα¬ααααΈ αα αααΈα‘αα»ααΈ αΏαα αααΈαα αΈα±αα¬α±αΎαα¬ααΈ αα¬αα‘αααΈαααΌαα¬α ααΈαα±αα¬ αα¬ααα αΈαα¬ααααΈ αα±αα¬ααΈαααΈαα αΈαααΈα α‘αααΈα αααΈα±αααα/αααΈαααΈα‘ααΈαααΈα±αα αααΈααααΈαα
α αααΌαααΈααΌααΈα‘α±ααααΈ αα±ααααΈαα«α αααααΈαα¬α±αα¬α±α ααααΈα ααΌααααΈαα»ααΈααΌαααΈα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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αα¬αα¬αααΈαα¬α α±αα±αα¬αΈαα¬αα»ααΈ αα αΈαααΈαα¬α αααΈαααΈα‘αααΈ α±αα±αα¬αΈαααΈαα αΈαααΈα α‘αααΈαα¬α
α‘ααΈα αα α‘αα αΈ αα» αα¬αα¬αααΈ () ααΌα αΈααΌ α ααΌα αΈ αααΈαααΈ (αΏ) α ααΌα αΈ ααΌ α ααΌα αΈ αααΈαααΈ (α) αααΌα αΈ αααΈαααΈ α‘αααΈαααα αΈαααΈα αα¬αα¬αααΈαα¬αααΈ α‘αααΈ α ααΌα αΈαααΈααΌαα¬ αααΈαααΈααα αααΈαααΈααααΈ α ααΌα αΈ
αααΈαααΈα‘αααΈααΌ α‘αααΈαα¬α αααΈαααΈααα α»ααΈα‘α¬ααΌαααΈα αααΈααΌααΈαα¬ α‘αααΈααΌ α ααΌα αΈαα¬ αα»ααΈααΌαααΈ ααα¬αααΌααΈ αα αΌα±αα¬ α‘αααΈα‘αα¬αααΈ α±αα±αα¬αΈαααΈαα αΈαααΈα α ααΌα αΈαααΈαααΈα±α‘α¬ααΈααΌ αα¬αα¬αααΈαα¬
α‘αα»ααΈ αα αΈαα¬αααΈααααΈααΌααΈαα¬ αααΈα‘α±αααα»ααΈ α‘α±ααα±αα±αα¬αΈαααΈαα αΈαααΈα
αα¬αα±α αααΈαα¬α‘αα»ααΈ αααΈαααΈααΌα¬ αααΈααα‘α¬ αααΈαα¬αααΈααΌ α‘αα¬αααΈα±ααα¬αα αΈααα α±αααα±αα¬ααΈ αααΈαα αΈαααΈα α‘α ααααΈ αααΈαα α±αααα±αα¬ααΈαα¬αα»ααΈ α‘αα‘αα±ααααΈαα αΈαααΈα α±α αααΈαα¬αααΈ α±αα«ααΈαααΈαααΈαααΈ αα»ααΈαα₯αΈααα¬ ααΌααΈ αααΈα±ααα»ααΈ α‘αααααΈ ααα¬αα αΈαααΈα‘αα»ααΈ α±αααα±αα¬ααΈαα α±αΎαα¬ααΈ αααΈα±αα»ααααΈαααΈα α±ααΌα¬αΈααΌααΈαα¬αααΈαααΌαα«α
αα ααααΈααΈααΈα±αα¬ αααΌαα¬α α±α αααΈαα¬α‘αα»ααΈ α±α αα»ααΈα±αα«ααΈα±α αααΈααΌααΈαααΈα αααΈααΌααΈαα¬ααΌααΈ ααΌααααΈαααΈα α±αα¬αΈα±αΎαα±αα‘ααΈαααΈ αααΈαααΈα α₯αΈαα¬α α‘α ααα»ααΈααΌ αααΈαα α ααααΈααα»αααΈαααΈ ?
α±αα¬αΈα±αΎααααΈαααΈα α₯αΈα α ααααΈααα»αααΈ αααΈα±αααα/αααΈαααΈαα¬ααααΈαα¬αααααΈαα¬ αα«αααΈα±αα¬ α±αα¬αΈα±αΎα
α±αα¬αΈαααα αΈαα αααΈα±αααα/αααΈαααΈα‘ααΈαααΈα±αα‘αα»αα αα»αα ααΈαααΈαα αΈαααΈα αααΈα±αα¬αΈααα αα»αα ααΈα αααΈ αααΈα±αααα/αααΈαααΈαα¬α‘αααΈ αα»αα¬ααααΌαααΈαααΈα
αα αα¬αα«αααΈαα¬α α‘ααΈαα αΈαα¬ ααΌααΈ αααα«ααΈα‘α¬αα»αααα‘αα»ααΈ α±ααα¬ααααΈα±αα‘αα»ααΈ α‘α αα α±αα±αα¬αΈαααΈαα¬ ?
α‘α±ααα₯αα±αα‘αα«α‘αααΈ αααΈαα¬αααΈαα α₯αα±ααα¬α‘α αααΈαα±αα¬αΈα‘α ααααΈ αααΈααα»ααΈααΌ α±αα‘α¬αα αααΈααΌααΈαα αΈααααΈ α‘α ααααΈ α±αα‘αα»ααΈ α±αα±αα¬αΈαααΈ ααα‘ααΈαα«α α‘α ααααΈ αααααα±αα‘ααα±αα αα¬α‘α¬ α±ααα¬α‘αααα»ααΈααα¬α±ααα¬αααΈαα αΈαΏα α±ααααΈαααΈααα α±αα‘ααΈαα¬αααΈαααΌαα«α
α α αααΌα±αα¬αΈα±αΎααααΌαααΈ α±ααα¬α‘αααααΈααΌααΈ (LUC) αα‘ααΈαα«ααα¬ ?
ααα‘ααΈαα«α αααΈα αααΌαα¬α‘αα»ααΈ α±αα¬αΈα±αΎααααΌαααΈ LUC ααα‘ααΈαα«α αα±αα¬αΈ αααΈαααΈ αααΌαα¬α αααΈααΌααΈαα αΈα±αΎαα¬ααΈ α‘α±αα¬ααΈα‘αα¬αααΈααααΈαααΈααΌααΈ αααΈαααΌαααΈααΌααΈαα αΈα±αΎαα¬ααΈα α±ααα‘α¬αα¬αααΈαα¬α
α‘αα‘ααΌααΈααααΈ αα‘ααΈαα«αααΈα
αα αααΌαα¬α‘αα»ααΈ αααΈαααΈα‘α α¬ααααΈαααΈ αααΈαα αααΈαα αααΈααΌααΈαα«αα?
α±αα¬αΈα±αΎααααΈ α±α αα»ααΈα±αα«ααΈα±α α‘αααΈαα αΈα±αΎαα¬ααΈα±ααα¬α±α αααΈ α±ααααα‘α¬αα¬αααΈα‘αα»ααααΈ αααΌ
α ααΈαααα¬α αααΌαααΈαααα¬ααΌααΈ αααΈαααΈα±αα» α±αα» αααΈαα αΈαααΈα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
Page86
α α‘αααΈα αα½α»ααΈααΈα αα¬αα±α αααΈα‘α¬ α‘αα¬α±ααα¬αα αΈααα α±αα¬ααΈα±αααααα«α α ααααΈαααΈ αα½α»ααΈααΈα‘α¬ αααΈαα α‘αα‘αα±ααααΈαααΈ ?
αααΈαααΈαΏααα±αα¬αΈα ααΈαααΈαα¬αα¬α±αα±αα¬αΈαα (YCDC) αααΈ αα¬αα±α αααΈαα¬ α±αααα±αα¬ααΈααααΈ α±ααα¬α αααΈααΌααΈαααΈαα αΈαααΈα αα¬αα±α αααΈαα¬α α±αα¬ααΈαααΈαα¬ ααααααααΌα±α α±αα‘αα»ααΈ α±αααα±αα¬ααΈαα¬αα»ααΈ αααΈαα¬αααΈαα αΈα±ααΌα¬ααΈαα α₯α α¬α±α α±αααα±αα¬ααΈαααΈαα αΈαααΈα α‘αααΈα α±αααα±αα¬ααΈααα±αΎαα¬ααΈ αααΈα±αα»ααααα ααΌαα«α ααααααΈ αααΈα±αα»ααΌααΈαααΌαααΈ ααα¬αα‘α¬ α±αα¬αΈα±αΎαα±ααααΈαα αΈαααΈα ααααααΈ αααΈα±αα»ααα¬αα‘α¬ ααααΈαααΈ α±α αααΈααΌααΈαα¬ααΌααΈ α±αα» α±αα» αααΈαααΈαααΈαααΈ ααααΈαααΈαα αΈαααΈα
α αα½α»ααΈααΈαα αααΈαα»α¬α‘αα»ααΈααΌ αααΈααα α±αα¬αΈα±αΎαα±αα¬ααΈααα»ααΈ ααΌαα«ααα¬ ?
αααΌαα«α DMS α‘αΏααααΈα±αα¬ααΈαα»ααΈα α₯αΈα‘αα»ααΈαα»ααΈ α α αΈαααΈα±αα¬ααΈααα±αα¬ αααΌαααΈααΌααΈαα¬αα¬αααΈ
α±αα¬αΈα±αΎαα±αα¬ααΈααα»ααΈ ααΌαα«αααΈα α±αα¬αΈα±αΎααα α¬αα»ααΈα ααααΈαααΈα‘αα»ααΈ α±αα¬ααΈααααΈααΌααΈαααΈααΌα¬ DMS α αααΈαααΈα±αα¬ααΈαααΈ αααΈαα αΈαα«αααΈα α±αα¬ααΈααααΈααΌααΈαααΈαα»ααΈααΌ α α αΈαααΈα±αα¬ααΈααα¬α±αα¬
α±ααα¬α±αααα»ααΈ αααΌαα¬α ααΈααα¬α±αα¬ααα¬αααΈ α±αα¬αΈα±αΎααα α¬αα»ααΈ ααΌαααΈααααΈαα«α
αΏα α‘αααΈα αα½α»ααΈααΈαα±ααααΈ ααααΈααα±αΎαα¬ααΈ DMS α αααΈααΌααΈααααΈ α±αα±ααααΌ αααΈαααΈαααΈααΌα¬ ααΌααΈαααΈα±ααααΈ αα‘ααΈαα«ααα¬ ?
ααα‘ααΈαα«α α±αα¬αΈα±αΎαα±αα‘ααΈαα ααΏαααααΈ αααΌαα¬α α ααΈααααΈαα«αααΈα α±αα¬αΈα±αΎαα‘αααΈα‘αα±αα‘ααΈαα ααΏαα ααααΈ αααΈαααΈ αααΌαα¬αααΌ αααΈααΌα¬αααΈαααα«α α‘αααΈα αααΌαα¬α‘αα»ααΈ α±αα¬αΈα±αΎαα±ααΏααααΈαααΈ
αααΈα±αα¬ααΈα±ααααΈααααΈαα¬αα¬α αα‘ααΈαααΈα‘α±αα ααααΈα αααΈα±αα¬ααΈα±ααααΈαααΈαα¬ αα±αα¬ααΈαα»ααΈ ααααΈ αααΌαα¬α αα¬ααΌαααΈαααΈαααΈ αα αΈαααΈαα«αααΈα α ααααΈαααΈ αααΈα±αα¬αΈα±αα¬ α‘αααΈα‘αααΈα‘αα¬
αα αΈαα αα»ααΈαα±ααααΈαα αΈαα¬ αααΈα±αα¬ααΈα±ααααΈαααΈα αααΈαααΈα‘αα»ααΈ αααΈαα±αα ααΌααΈαααΈαααΈ α‘αααΈα αααΈαα±αα¬ααΈαααααΈ α‘αα‘αα±ααααΈαα αΈαααΈα αααΈαααΈα‘αααΈαα»ααΈ αααΈα±αα¬ααΈα±α αααΈαααΈαα¬
αααΈα±αα¬ααΈαααΈα α ααααΈα αααΈα‘α¬ α‘α±αΎαα¬ααΈαΎαα¬αααΈαα αΈαααΈα
αα α±αα¬αΈα±αΎαααααΈα‘αα»ααΈ α ααααΈαα α ααααΈααα»ααα αααΈ ααααααΈ αααΈα±αα¬ααΈααα‘αα‘ααα¬ α±ααααΈαα‘ααΈαα«ααα¬ ?
ααα‘ααΈαα«α α±αα¬αΈα±αΎαααααΈα‘αα»ααΈ αααΈαααΈαααΈα±αα¬ααΈααα‘αα‘αα αααΈαααΈα±αα»α±αΎααα αΈα αα αΈαα¬ααΌ α±αα‘ααΈαααΈ ααα‘ααΈαα«α α‘αααΈα α‘α αααΌ αααααΈαα αΈα αα αΈα₯ ααααααΈ α ααααΈαααΈαααΈαα αΈα₯α₯α
αααΈα±αα¬ααΈααα‘αα‘αα α±αα»α±αΎααα αΈα αα αΈαα¬ αααΈαααΌ α±αα¬ααΈαααα«α α±αααααΈαα¬α±αα¬αΈααα α ααααΈα ααααΈααα»ααα (PMO)α DPTSC ααααααΈ α±ααααΈα±αα¬αΈααΌ ADB αα¬α±αααα α±αααα αααΈαααΈ
αααΈαΎαα¬α±α ααα«αααΈα
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
Page87
αα α‘αααΈα ααα‘α±ααααΈ αααΈααααΈααΌααΈαααΈ αααΈα αα αΈααα αΈα±α α α±αα¬αΈα±αΎαα±αα»ααα¬αααα αΈα±α α
α ααααΈα‘α±αα¬ααΈα‘αααΈα±αα¬αΈα α₯αΈα‘αα»ααΈαα»ααΈ ααα‘α±αααααΈαααΈααααΈαααΈ αααα¬ααΌααΈ αααΈαααΈααα αΈα±α αα±ααααΈαα«α αααΈαΎαα¬αα»ααΈααΌαα«ααα¬ ?
ααΌαα«αααΈα α‘αααΈα αααΈαα»ααΈ α±ααα»ααΈαα αΈα αα αΈαα¬ααΌααααΈ ααααααΈ DMS ααααΈαα¬ααΌααΈ α ααΈαα₯αΈα αα±αα¬αα¬αα»αα»ααααΈ αααΈααααΈαα¬α α‘αα¬ ACC α α αΈαααΈα±αα¬ααΈαα±αα‘αα»ααα αΈαα
αααΈαααΈααααΈα‘ααααΈα±α αααΈ αααΈαααΈαααα¬α‘αα»ααΈ α±αα¬αΈα±αΎαα±αα‘ααΈα±αα±αα¬αΈααααα αααΈα‘α±ααααΈ α±αα¬ααΈααααΈαα«αααΈα α‘αααΈα αααΈαααΈααααΈαααΈ ααααΈ ααααααΈ α±αα¬αΈα±αΎαα±αα»ααα¬αα αα±ααααΈ
α±ααααΈ αααΈα α±ααα»ααΈ ααααααΈ αααΈαΎαα¬ααα DPTSC PMU α‘αααΈαα±ααααα¬ααΌααααΈα±αααΌααΈα±α α±αα¬αΈααααα αααΈααααΈαα«αααΈα α±ααα»ααΈ ααααααΈ αααΈαΎαα¬ααα α α¬αααΈ α±ααα¬ααα±αα¬ααΈαααΈα αα¬αααΈααΌαα
ααααΈαααΈα±αα»αααααΈ αααΈααααΈαα¬ ααααΈαααΈαα«αααΈα
αααΈα α±ααα»ααΈαα¬α α±αααααΈα αα»ααΈαααΈα αα»ααΈαααΈαααΈαα¬α α‘αααΈαααΈα α±ααααΈαα»ααΈα‘αα»ααΈαααΈ αααΈαΎαα¬αααα¬α αααΈαα±αααΌααΈαααΈ α±αα¬αΈαααα»ααΈ αα¬αααΈααΌαα«αααΈα αααΈα αααΈαΎαα¬ααα‘α±αα ααααΈαααΈ
αα¬α αααΈα‘α±ααααΈ αα±ααααΈαα«α αααΈα‘ααα DPTSC ααααΈα‘αααΈ α‘αααΈαα±ααααα¬ααΌααααΈα±αααΌααΈα±α α±αα¬αΈααααα αααΈααααΈαα«αααΈα αααΈα‘ααα‘α±αα ααααΈα‘αααΈα ααααΈαααΈα αα±ααααΈα±ααα«α DPTSC
αααΈα±αα¬ααΈα α‘αααΈααΌ α‘αααΈαα±ααααα¬ααΌααααΈα±αααΌααΈα±αα±αα¬αΈααααα α‘αααααΈαααΈαα«αααΈα α‘αααΈα αααΈα±αα¬ααΈα α‘αααΈα ααααΈαααΈα αα±ααααΈα±ααα«α αααΈα‘ααα ααα¬ααα αααΈαααΈαααΈααααΈαα«αααΈα
αα ααααΈααα±αα¬ α‘ααΈα±αα¬ααΈα αα αΈααααΈ α±αα¬αΈα±αΎαα±ααααΈ αααΈαααΈα α₯αΈααΌααΈ α ααααΈα‘α±αα¬ααΈα‘αααΈ
α±αα¬αΈα±αα¬ααΈααα α±αα¬ααΈααααΈ αααΈαααΈααα αααΈα±αα¬ααΈαααΈαα«ααααΈ ?
ααααΈααα±αα¬ α‘ααΈα±αα¬ααΈα αα¬αααΈ α ααααΈα‘α±αΎαα¬ααΈα‘αααΈαα¬α αααΌα±α‘α¬ααΈα±αα¬ααΈαα»ααΈαααΈα αααα αα«αααΈαααΈαα‘ααΈα±αα¬ αααΈα±αα¬ααΈαααΈαα¬αα»ααΈ αα«αααΈα±αα¬ααΈαα»ααΈαααΈαα¬αααΈ α ααααΈα αααααΈαα«αααΈα
αααΈαα±ααα¬α±αα¬ α α¬αα»ααΈα α¬αααΈαα¬α αααΈαααααΈα α±αα» α±αα» αααΈαααΈαα»αα¬αα»ααΈ αααΈαααΈαα»αα»αα«αααΈαααΈαααααΈ α ααααΈα‘α±αΎαα¬ααΈ ααααΈα‘αααΈα‘αααΈαα¬α αααΌαααΈαα«αααΈα αααΈα‘α ααΈα‘α±ααα¬α αααΈα±αα¬ααΈαααΈαααΈ
α‘ααΈα±αα¬ααΈα αα¬αααΈ ααααΈαα¬αααΈαααΈ αα αΈα α₯αΈαα¬α αααΌαααΈα αααΈααα α±αααΌααΈαααΈαααΈαααΈαα¬α
α‘αΎαααααΈααα αααΈα±αα¬ααΈαααΈαΏα αααα¬α α±αα¬αα«αααΈαα¬α±α αααΈ αααΈα±αα¬ααΈαα¬αα»ααΈ
αααααΈαα«αααΈα α‘ααΈα±αα¬ααΈα αα¬α αα±αα«ααΈαα«αααΈααα αα‘ααΈα±αα¬α‘αα¬αα αΈα±ααα¬ααΌα¬ DMS αααΈα±αα¬ααΈαα αα αΈαα«αααΈα αααΈαααΈαααΈαα»ααΈ α±αα¬αΈα±αΎαα±αα‘ααΈα±αα±αα¬αΈααα‘α±ααααΈ α‘ααΌααΈααααΈαα αΈαΏα αααΈααααΈα±αα¬
αααΌα±α αα»ααΈα±αα«ααΈα±α αα¬α ααααα»α¬α±αα¬αααΈα±αα»αα¬α αααΈααΌααΈαα¬αα»ααΈ α‘ααΈα±αα¬ααΈα αα¬α ααα±ααααΈ αα«αααΈα
αα ααα ααααΈα αααΈααΌααΈαααΈαα¬ αααΈααααΈ ααααΈααααΈα αα½α»ααΈααΈα‘α±ααααΈ αααΈαα ααααΈαα«αααΈαααΈ ?
ααΌααΈα α αΈααΌααΈ α α»ααΈα‘ααΈαααΈαααα¬α (MOEE) αααΈ ααΌααΈα α αΈαα«ααΈα‘α¬ααααααΈα±αααΌααΈαα»ααΈαα±αα₯α αα¬α (DPTSC) ααΌααααΈ α ααααΈαααΈα±αα¬ααΈαααΈαα¬α α±α α¬ααΈαΎαααΈαα»α¬αα«αααΈα α ααααΈα αααΈα±αα¬ααΈαααα¬α ααααΈαααα¬ αααΈαα¬α±α α±αααΌααΈ αα αΈαα¬αααα¬α α±αα±αα¬αΈα±α α‘α±αα¬ααΈα‘αααΈα±αα¬αΈαααα¬α α‘αααΈα αα αΈααΌα αΈαααΈ
AF-Consult Switzerland Ltd TA 9179-MYA: ααα α αα«αα‘α¬αΈααΌααα ααΌααΏααΈααΈααα±ααΈ α ααααΈ -
α ααααΈα‘ααα»ααααα±ααΈαααΈααα¬ α‘α±αα¬αα‘α - αααα
α»ααααα±ααα¬ααα¬αΈα±ααΈαα αααΈαααΈαα¬αΈαααΈα‘αα αα¬αΈ ααΌααΏααΈα±ααΈ α‘α α‘α α₯ -
αα«αα‘α¬αΈαααααα±ααΈα‘α αα‘αααΈ-ααααΈαα¬ αΏα
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ααΌα αΈααααΈ α±α α¬ααΈαΎαααΈαααΈ αααΈαααΌ α±α α¬ααΈαΎαααΈα±ααα¬α±αα‘αα»ααα αΈαααααΈ ααΌα¬αααΈαααΈα±αα¬ααΈαα«αααΈα αααΈα‘αα»ααααΈ α±αα»αααΌαααΈαα¬α α‘α±αααα¬ DPTSC ααΌααΈ ADB αα α‘α αααΈαα α¬ αααΈαα»ααΈαα«αααΈα ADB αααΈ α ααααΈ α‘α±αα¬ααΈα‘αααΈα±αα¬αΈα±αα α₯αΈ αα¬αα‘αα»ααΈ α±αα±αα» αααΈαααΈααααΈα±ααα αΈααΌααΈαα¬ααΌααααΈ α ααααΈ αααΈα±αα¬ααΈαααΈαα¬α αααΌααΈ α±α α¬ααΈαΎαααΈαα»α¬αα«αααΈα
αααΌααααΈαα¬α α‘αΎααααααΈαα¬ααΌαα«α αααΈαα»ααΈαααΈ
ααΌααΈα α αΈ ααΌααΈ α α»ααΈα‘ααΈαααΈαααα¬α (MOEE)αααΌααΈα α αΈαα«ααΈα‘α¬ααααααΈα±αααΌααΈαα»ααΈαα±αα₯α αα¬α (DPTSC)α α‘α±αα¬ααΈα‘α₯ α‘ααΌααΈαΏαα α±ααααΈα±αα¬αΈα αααΈαα¬α αααΈααααΈ - αα αα-α ααΏα α αααΈα αΈ - αα αα-α ααΏα α
αα±αα» α α±αα¬αΈααΏαααΈ ααΌααΈ αααΈαααΈααααΌ ααααΈααα¬
α±αα¬ααΈαααΈαα» α‘α αα α¬αα»ααΈααα¬α αααΈαα»ααΈα±αα¬αΈααα¬αααΈα