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

Asian Development Bank and Armenia: Fact Sheet

Publication | April 2017
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 the Government of Armenia since 2005 and has approved 25 loans totaling $1.19 billion and 24 technical assistance grants totaling $15.2 million. 

Given their direct social and economic impact, sustainable transport, energy, and water economy feature prominently in the government’s development agenda. ADB will help enhance public financial management practices and utility regulation, increase investment in maintenance, and improve contracting and maintenance practices on  Armenia’s roads, energy, and water assets. Support for infrastructure will leverage private sector expertise and investments as a way to enhance the effectiveness of public investment, strengthen services and promote sustainability.

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.