Armenia: Infrastructure Sustainability Support Program
Economic growth, facilitated by improved infrastructure, is a key development priority of the Government of Armenia. To help improve service delivery in the country’s road transport and water supply sectors, the Asian Development Bank (ADB) approved a policy-based loan of SDR31,770,000 ($49 million equivalent) and a technical assistance (TA) grant of $0.9 million to Armenia for the Infrastructure Sustainability Support Program in August 2014. The loan size and amounts were justified by the nature and sequence of reforms required, the cost of reforms, the government’s resources for development expenditure and financing needs, and the time required to undertake the reforms.
The program was designed to improve service delivery in the road transport and water supply sectors by addressing issues on the road and water sectors. The program’s expected outcome was results-based management systems implemented in the road transport and water supply sectors.
This report validates the completion report of the project. IED overall assessment: Successful.