Armenia: Asian Development Bank Member Fact Sheet 2017

Abstract

The ADB country partnership strategy, 2014-2018 for Armenia is helping the country integrate its economy into Central and West Asia, and to rebalance economic activity toward more resilient, inclusive, and environmentally sustainable growth. ADB is working to improve Armenia’s domestic and cross border transport links, bring integrated urban development to regional towns, and enhance the country’s energy security. To meet Armenia’s evolving development needs, ADB assistance also includes support for reforms in finance, education, and health. ADB is helping Armenia to integrate its economy and to rebalance the country toward more resilient, inclusive, and environmentally sustainable growth. Cumulative disbursements to Armenia for lending and grants financed by ordinary capital resources (OCR), the Asian Development Fund, and other special funds amount to $867.5 million.