Building a Strong Middle Class in Asia

Investing in training and practical education will stimulate and diversify the job market in Asia - moving the poor into middle class. Watch Video

Asian Economies Bounce Back

Developing country economies in Asia are returning to strong growth driven by rising consumption and intraregional trade. Read More

Fostering the Long-Term Financial Viability and Sustainability of the Armenian Water and Sewerage Company

This paper outlines ADB’s interventions to improve water supply and sanitation services in Armenia and also highlights the rationale behind the structure of a new water tariff regime. Read More

Southeast Asia's Strength Keeps Asia Growth on Track - ADB Report

The surging economies of Southeast Asia have been a bright spot in developing Asia’s otherwise subdued 2012 growth performance, but the broader region should still pick up steam in 2013, says a new ADB report. Read More

Overview

Armenia’s Sustainable Development Program, approved by the government in October 2008, has three key goals for 2009-2021: to reduce poverty, including eliminating extreme poverty and ensuring human development; to deepen economic growth; and to accelerate the development of lagging regions. In response to post-crisis realities, the government has given priority to the creation of quality and high-productivity jobs.

ADB's country operations business plan (COBP) update for 2012-2013, approved in November 2012, identifies regional cooperation, infrastructure, and private sector development as priority areas for ADB’s operations.

Fast Facts

2.86 (2012)
Population in millions

0.4% (2010-2012)
Annual population growth rate

35.0% (2011)
Population living below the national poverty line

Fact Sheet

Proposed Projects

21 Jan 2013 45415-001: Urban Development in Secondary Cities
View all proposed

Approved Projects

27 Mar 2013 40296-013: Water Supply and Sanitation Sector Project
27 Mar 2013 42145-023: North-South Road Corridor Investment Program - Tranche 1
27 Mar 2013 42145-033: North-South Road Corridor Investment Program - Tranche 2
View all approved

ADB Lending

Amount ($M) / %
Sector (No. of loans)
105.00 / 16.73
Finance (6)
 
366.56 / 58.41
Transport and ICT (6)
 
76.00 /12.11
Water Supply (2)
 
80.00 / 12.75
Multisector (2)
 
627.56 / 100.00
TOTAL (16)
Cumulative as of 31 December 2012

Publications

Apr 2013 Asian Development Bank and Armenia: Fact Sheet

Apr 2013 ADB Annual Report 2012

Apr 2013 Asian Development Outlook 2013: Asia's Energy Challenge

View all publications

News Releases

22 Apr 2013 ADB Assistance Tops $21.5 Billion in 2012
9 Apr 2013 Asia's Future Prosperity Requires Major Change in Energy Use
9 Apr 2013 Developing Asia's Growth Steps Up to 6.6% in 2013
7 Dec 2012 Southeast Asia's Strength Keeps Asia Growth on Track - ADB Report
3 Dec 2012 Huge Financing Gap Must Be Filled to Promote Climate-Friendly Technology - ADB
View all news releases

Development Effectiveness

November 2010
Armenia: A Historic Country Reemerges

Quick Links

Fact Sheet
Economic Data
Translations in Armenian (հայերեն)

ADB IN ACTION