fbpx 53248-001: Second Public Efficiency and Financial Markets Program | Asian Development Bank

Armenia: Second Public Efficiency and Financial Markets Program

Sovereign (Public) Project | 53248-001 Status: Proposed

Project Details

Project Officer
Joao Pedro Farinha Fernandes Central and West Asia Department Request for information
  • Armenia
  • Finance
Project Name Second Public Efficiency and Financial Markets Program
Project Number 53248-001
Country Armenia
Project Status Proposed
Project Type / Modality of Assistance Loan
Source of Funding / Amount
Loan: Second Public Efficiency and Financial Markets Program, Subprogram 1
Ordinary capital resources US$ 40.00 million
Strategic Agendas Inclusive economic growth
Drivers of Change Governance and capacity development
Knowledge solutions
Private sector development
Sector / Subsector

Finance / Banking systems and nonbank financial institutions - Central banking systems - Infrastructure finance and investment funds - Money and capital markets - Small and medium enterprise finance and leasing

Public sector management / Economic affairs management - Public expenditure and fiscal management

Gender Equity and Mainstreaming No gender elements
Project Rationale and Linkage to Country/Regional Strategy
Impact Fiscal sustainability and resilience in the finance sector increased by 2022.
Outcome Depth of financial markets increased.

Strengthened public debt and fiscal risk management policies and practices

Improved government securities market and money market infrastructure

Broadened base of instruments and investors and enhanced corporate transparency

Geographical Location Nation-wide
Safeguard Categories
Environment C
Involuntary Resettlement C
Indigenous Peoples C
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Responsible ADB Officer Joao Pedro Farinha Fernandes
Responsible ADB Department Central and West Asia Department
Responsible ADB Division Public Management, Financial Sector and Trade Division, CWRD
Executing Agencies
Ministry of Finance (MOF)
1 Melik Adamyan, Yerevan
Concept Clearance 24 Sep 2019
Fact Finding 02 Sep 2019 to 04 Sep 2019
MRM 13 Sep 2019
Approval -
Last Review Mission -
Last PDS Update 24 Sep 2019

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.

In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.

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

None currently available.

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.


No tenders for this project were found.

Contracts Awarded

No contracts awarded for this project were found

Procurement Plan

None currently available.