Number of Active Projects
11 (3 IDA/IBRD blend projects are dual quantified)
For 29 years, the World Bank Group (WBG) has been a key partner for Armenia, with a sustained history of successful investments in various sectors of the country’s economy and an equally deep history of policy reform dialogue.
The current Country Partnership Framework (CPF) for FY19–23 supports the rebalancing of Armenia’s economy toward a new growth model focused on boosting exports, enhancing human capital, and sustainably managing natural resources and the environment.
The CPF is well aligned with the four thematic pillars of the WBG Approach Paper defined as saving lives, protecting the poor and vulnerable, ensuring sustainable business growth, and strengthening policies, institutions, and investments.
The World Bank and International Finance Corporation (IFC) have a rich and diversified portfolio in Armenia and have financed projects across a range of sectors, including financial markets, manufacturing, agribusiness, services, and mining. The WBG is also focused on sharing country knowledge and operational experience to leverage other development partners’ resources for effective public investment.
The World Bank has supported health reforms in Armenia since the late 1990s, investing in high-impact interventions to improve the quality of care, optimize the health facility network, and introduce financing mechanisms to boost service access and efficiency.
Through the Health Financing and Primary Health Care Development Project (1997–2004) and the Health System Modernization Project (2004–16), the World Bank has supported the establishment of the State Health Agency to facilitate the strategic purchasing of health services, the introduction of family medicine at the primary health care level, and reductions in the oversized marz/regional bed capacity by 40 percent.
The Disease Prevention and Control Project (2013–22) supports performance-based financing to increase the detection of chronic diseases, including 1.5 million screens for hypertension. The project has invested in five regional hospitals as well as procurement in response to the COVID-19 pandemic, including 70 ventilators and 80 patient monitors. Through additional financing, the project is supporting investments to improve case management in two regional hospitals, facilitating preparedness for future pandemics.
The World Bank team is currently providing technical assistance toward the introduction of Universal Health Coverage (UHC). A national primary health care assessment will inform recommendations to improve the quality of frontline service delivery and the integration of care. In partnership with the Korean Health Insurance Review and Assessment Service, a roadmap has been developed with Armenia’s Ministry of Health to improve hospital quality management. The World Bank is also providing technical support aimed at assessing the options for financing UHC, costing the benefits package, modeling the impact of UHC on the economy, and proposing governance arrangements for purchasing that will improve the quality and efficiency of service delivery.
Last Updated: Oct 12, 2021