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

Asian Development Bank and Armenia: Fact Sheet

Publication | April 2018
Asian Development Bank and Armenia: Fact Sheet

ADB is helping Armenia to integrate its economy and to rebalance the country toward more resilient, inclusive, and environmentally sustainable growth.

ADB has been working with Armenia since 2005 and has approved 28 loans totalling $1.37 billion and 27 technical assistance grants totalling $15.7 million.

ADB is working to improve Armenia’s domestic and cross-border transport links, bring integrated urban development to regional towns, and enhance the country’s energy security. To meet Armenia’s evolving development needs, ADB assistance also includes support for reforms in finance, education, and health.

While ADB will continue financing infrastructure for Armenia, it will gradually shift toward catalyzing innovative private sector investments, introducing international best practices, and providing knowledge products and services. This shift will transform ADB’s relationship with Armenia into one suited to a growing middle-income country.

Updated yearly, this ADB Fact Sheet provides social and economic indicators on Armenia as well as concise information on ADB's operations in the country and contact information.