Armenia : Crisis Recovery Support Program
To accelerate Armenia's recovery from the adverse impact of the global financial crisis.
Project Details
-
Project Officer
Sumbal, Asadullah Khan
Central and West Asia Department
Request for information -
Country/Economy
Armenia -
Modality
-
Sector
- Public sector management
Related Projects
Project Name | Crisis Recovery Support Program | ||||
Project Number | 43087-013 | ||||
Country / Economy | Armenia |
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Project Status | Closed | ||||
Project Type / Modality of Assistance | Loan |
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Source of Funding / Amount |
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Strategic Agendas | Inclusive economic growth |
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Drivers of Change | Gender Equity and Mainstreaming |
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Sector / Subsector | Public sector management / Public expenditure and fiscal management - Social protection initiatives |
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Gender | Some gender elements | ||||
Description | To accelerate Armenia's recovery from the adverse impact of the global financial crisis. | ||||
Project Rationale and Linkage to Country/Regional Strategy | |||||
Impact | Armenia's recovery from the global financial crisis is accelerated, and the social and economic impact is mitigated. |
Project Outcome | |
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Description of Outcome | Government adopts counter-cyclical fiscal measures. |
Progress Toward Outcome | |
Implementation Progress | |
Description of Project Outputs | (i) Social protection expenditures increased (ii) New jobs created through public investment programs (iii) No salary and pension arrears |
Status of Implementation Progress (Outputs, Activities, and Issues) | |
Geographical Location |
Safeguard Categories | |
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Environment | C |
Involuntary Resettlement | C |
Indigenous Peoples | C |
Summary of Environmental and Social Aspects | |
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Environmental Aspects | |
Involuntary Resettlement | |
Indigenous Peoples | |
Stakeholder Communication, Participation, and Consultation | |
During Project Design | |
During Project Implementation |
Business Opportunities | |
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Consulting Services | N/A |
Procurement | N/A |
Responsible ADB Officer | Sumbal, Asadullah Khan |
Responsible ADB Department | Central and West Asia Department |
Responsible ADB Division | Public Management, Financial Sector and Trade Division, CWRD |
Executing Agencies |
Ministry of Finance and Economy |
Timetable | |
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Concept Clearance | 22 May 2009 |
Fact Finding | 16 Mar 2009 to 27 Mar 2009 |
MRM | 25 May 2009 |
Approval | 06 Jul 2009 |
Last Review Mission | - |
PDS Creation Date | 16 Apr 2009 |
Last PDS Update | 16 Apr 2010 |
Loan 2529-ARM
Milestones | |||||
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Approval | Signing Date | Effectivity Date | Closing | ||
Original | Revised | Actual | |||
06 Jul 2009 | 15 Jul 2009 | 08 Oct 2009 | 31 Dec 2009 | - | 15 Oct 2009 |
Financing Plan | Loan Utilization | ||||
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Total (Amount in US$ million) | Date | ADB | Others | Net Percentage | |
Project Cost | 46.30 | Cumulative Contract Awards | |||
ADB | 46.30 | 17 Jun 2022 | 47.11 | 0.00 | 100% |
Counterpart | 0.00 | Cumulative Disbursements | |||
Cofinancing | 0.00 | 17 Jun 2022 | 47.11 | 0.00 | 100% |
Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
The Access to Information Policy (AIP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
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Title | Document Type | Document Date |
---|---|---|
Amendment to Loan Agreement (Special Operations) for Loans 2529 and 2530-ARM: Crisis Recovery Support Program | Loan Agreement (Special Operations) | Jan 2017 |
Crisis Recovery Support Program | Project/Program Completion Reports | Dec 2010 |
Loan Agreement for Crisis Recovery Support Program between Republic of Armenia and Asian Development Bank dated 15 July 2009 | Loan Agreement (Special Operations) | Jul 2009 |
Crisis Recovery Support Program | Reports and Recommendations of the President | Jun 2009 |
Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.
None currently available.
Evaluation Documents See also: Independent Evaluation
Title | Document Type | Document Date |
---|---|---|
Armenia: Crisis Recovery Support Program | Validations of Project Completion Reports | Dec 2012 |
Related Publications
None currently available.
The Access to Information Policy (AIP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.
Requests for information may also be directed to the InfoUnit.
Tenders
Contracts Awarded
Procurement Plan
None currently available.