Asian Development Bank and Armenia: Fact Sheet

Abstract

Updated yearly, this ADB Fact Sheet provides social and economic indicators on Armenia as well as concise information on ADB's operations in the country and contact information. The principal document of Armenia’s social economic planning is the “Sustainable Development Program” (SDP) approved by the Government of Armenia in October 2008. The SDP is Armenia’s second Poverty Reduction Strategy Paper (PRSP-2) and was built on the considerable achievements of PRSP-1. The SDP serves as a basis for midterm (3 years) and short-term (annual) budgetary planning. The SDP has three key goals covering the period 2009–2021 (with specific medium-term targets indicated in 2009–2015): reducing poverty, including the elimination of extreme poverty; ensuring human development; and deepening economic growth and accelerating development of lagging regions. Increased resources to the social sectors have improved the access to and quality of general secondary education, and have led to improvements in overall utilization and geographic access to basic health services, most notably through the free provision of primary health care to the population. However, the global economic crisis has had an impact on the specific targets set in the SDP.