Country Classification of Armenia

Institutional Document | August 2006
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Armenia became a member of the Asian Development Bank (ADB) in September 2005. In accordance with ADB policy, new member countries should normally be classified to determine their eligibility for the Asian Development Fund (ADF) and ordinary capital resources (OCR). This paper discusses the economic and social conditions in Armenia and recommends that Armenia be classified as a Group B1 country in ADB.

Armenia became a member of the Asian Development Bank (ADB) in September 2005. In accordance with ADB policy, new member countries should normally be classified to determine their eligibility for the Asian Development Fund (ADF) and ordinary capital resources (OCR). This paper discusses the economic and social conditions in Armenia and recommends that Armenia be classified as a Group B1 country in ADB.

Contents

  • Introduction
  • Classification Policy
  • Economic Considerations of Armenia
  • Recommendation

Additional Details

Type
Series
Subjects
  • ADB administration and governance
Countries
  • Armenia

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