Armenia: Asian Development Bank Member Fact Sheet 2018
Asian Development Bank | April 2019
Abstract
The Asian Development Bank (ADB) has been a development partner of Armenia since 2005 and is one of the country’s largest multilateral development partners.
The country partnership strategy (CPS), 2014–2018 for Armenia has been helping the country rebalance toward more 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. The bank’s assistance also includes support for reforms in public sector management, finance, education, and health. The CPS, 2019–2023, which is being prepared for Board consideration in 2019, is expected to continue support for core infrastructure priorities including transport, urban infrastructure, and energy. It will incorporate sovereign and nonsovereign investments, public–private partnerships, and other innovative financing solutions.
Cumulative loan disbursements to Armenia amount to $990.4 million. These were financed by regular and concessional ordinary capital resources (OCR). Effective 1 January 2017, ADB reclassified Armenia as a middle-income country, with access only to market based OCR.
Citation
Asian Development Bank. 2019. Armenia: Asian Development Bank Member Fact Sheet 2018. © Asian Development Bank. http://hdl.handle.net/11540/9897.Keywords
Development Planning
Development Research
Technology Development
Aid And Development
Asian Development Bank
Comprehensive Development Framework
Development Cooperation
Development Management
Development Planning
Development Strategies
Development Research
Green revolution
Development strategy
Development models
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New technology
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Natural resources policy
Educational development
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Strategic planning
Infrastructure projects
Government programs
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Public enterprises
Development
Economics
Development In East Asia
Development Planning
Development Research
Technology Development
Aid And Development
Asian Development Bank
Comprehensive Development Framework
Development Cooperation
Development Management
Development Planning
Development Strategies
Development strategy
Development models
Economic development
New technology
Rural planning
Aid coordination
Industrial projects
Infrastructure projects
Natural resources policy
Educational development
Absorptive capacity
Economic development projects
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Municipal government
Technology transfer
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Technical education
Technology
Communication in rural development
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Environmental auditing
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Human rights and globalization
Transfer Technocracy
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