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IEG Good Practice Awards: 2004 Winners
Project Award
 Winner
Armenia Rehabilitation Credit
Reason
for Selection
The Bank performed well in a difficult environment: the
country was just emerging from the conflict over Nagorno-Karabakh
and the Bank had to contend with a post-Soviet bureaucracy.
Bank staff worked closely and flexibly with the government
to identify and overcome obstacles and keep a focus on development
impact. This project laid the foundation for the country's
successful reform and macroeconomic stabilization program.
Project
Description
Approved: February 28, 1995
Closed: June 30, 1996
IEG PPAR date: July 25, 2002
Project
Team Members
Jeanine Braithwaite
Lily L. Chu
Alan Harold Gelb
Wafik Grais
Cyril Muller
Melinda Roth
Onno Ruhl
Randi Susan Ryterman
Ludmilla Talmatskaya
Ana L. Revenga
Jonathan Walters
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