fbpx Asian Development Bank and Armenia: Fact Sheet | Asian Development Bank

Asian Development Bank and Armenia: Fact Sheet

Publication | May 2020
Asian Development Bank and Armenia: Fact Sheet

ADB’s country partnership strategy for Armenia targets inclusive, diversified, and transformative growth by prioritizing infrastructure investments; reforms in service delivery; and regional cooperation and integration.

ADB’s country partnership strategy (CPS), 2019–2023 for Armenia targets inclusive, diversified, and transformative growth. Cumulative loan disbursements to Armenia amount to $1.13 billion.

The operations plan outlines ADB investments that will underpin higher growth, build on the momentum for nonsovereign operations, and scale up technical assistance for knowledge work. An expanded nonsovereign portfolio and financing for social sectors will transform ADB’s relationship with Armenia to one appropriate for a growing middle-income economy.

Updated yearly, this ADB Fact Sheet provides concise information on ADB's operations in the country and contact information.