Recent Developments Growth in the Europe and Central Asia region continued to pick up in the first half of 2017, with commodity exporters and commodity importers alike achieving recovery. The region has...
The World Bank asked university students in Armenia to describe – with a single adjective – the first thought that came to their minds regarding the future of Armenia. 64 students across universities...
Date: May 31, 2017Type: Infographic Language: English
In all of Armenia, there is nowhere quite like Meghri – with its natural beauty drawn from a broad palette of vivid colors and lush landscapes. Located in Syunik province and bordering Iran, the region...
Date: May 26, 2017Type: Feature Story Language: English
Recognizing that disaster risk management (DRM) plays a pivotal role in the country’s sustainable development, the Government of Armenia was one of the first countries in the region, to initiate...
Date: May 24, 2017Type: Feature Story Language: English
Tbilisi, 11 May, 2017 – Economic growth in Europe and Central Asia (ECA) will accelerate slightly in 2017, following the stabilization of oil prices, benefitting the eastern half of the region, and a continued...
Date: May 11, 2017Type: Press Release Language: English
Tereza Sahradyan is a fifth-year student at Yerevan State Medical University who wants to major in surgery. She takes every opportunity to gain hands-on experience before becoming a professional practicing...
Date: April 18, 2017Type: Feature Story Language: English
Gohar, the World Bank recently released a new study on Armenia's public finance. According to that study, taxpayers have subsidized the State Budget in recent years. Excess tax payments collected exceeded...
Date: February 21, 2017Type: Opinion Language: English
Floods pose serious risks to cities around the world—and challenges to officials who aim to reduce those risks. Urban flooding is becoming increasingly costly and difficult to manage, as low- and middle-income...
Date: January 24, 2017Type: Feature Story Language: English
Regional Context The Europe and Central Asia region experiences a variety of natural hazards, including floods, earthquakes, droughts, landslides and wildfires. Such shocks not only trap communities...
Date: January 23, 2017Type: Feature Story Language: English
Through decades managing large-scale natural hazards, Japan has developed and refined its disaster risk management (DRM) approach many times over. The country continuously assesses and tests the capacity...
Date: January 17, 2017Type: Feature Story Language: English
WASHINGTON, December 8, 2016 – Armenia and the World Bank signed today a US$50 million development policy finance operation to support the Government’s reforms program across key economic areas. The Fourth...
Date: December 8, 2016Type: Press Release Language: English
IBRD Loan: US$ 50 million Terms: Maturity = 25 Years, Grace = 14.5 Years Project ID: P160100 Project Description: The objective of the proposed project is to support a wide range of reforms...
Date: December 8, 2016Type: Loans & Credits Language: English
BUCHAREST, November 22, 2016 – There will be a modest increase in GDP growth in 2016 for countries in the Europe and Central Asia (ECA) region. Low oil and other commodity prices in the eastern half of...
Date: November 22, 2016Type: Press Release Language: English
Challenge At the start of the project in 2012, Armenia faced many adverse conditions. The country’s tax-to-GDP (16.3 percent) and tax productivity were persistently below regional averages and other lower-middle-income...
Date: November 7, 2016Type: Results Language: English
Rotating the wheel to perform vehicular acrobatics around potholes could well have described the drive into Oshakan village in Ararat region not so long ago. On this local road, like on so many other roads...
Date: November 3, 2016Type: Feature Story Language: English
WASHINGTON, October 25, 2016 – Economies of the Europe and Central Asia region place among the top improvers in the World Bank Group’s ease of doing business report. A total of 57 business reforms were...
Date: October 25, 2016Type: Press Release Language: English
Countries of the Europe and Central Asia (ECA) region are regularly affected by adverse natural events. Over the last 30 years, floods and earthquakes alone caused 50,000 fatalities, affected nearly 25...
Date: September 26, 2016Type: Feature Story Language: English
Interview with Ms. Gohar Gyulumyan, Senior Economist of the World Bank Yerevan Office on the Tax Code, which recently passed its first reading at the National Assembly Ms. Gyulumyan, while the draft...
YEREVAN, June 15, 2016 – More than 40 experts and practitioners from government agencies and universities from Belarus, Georgia, Moldova, Ukraine and Armenia will participate in a regional workshop focusing...
Date: June 15, 2016Type: Press Release Language: English
YEREVAN, June 8, 2016 - Around 100 policy makers and practitioners from the Government of Armenia, the private sector, universities, civil society groups, media and development partner representatives...
Date: June 8, 2016Type: Press Release Language: English
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