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LOANS & CREDITS

Armenia – The Second Development Policy Operation (DPO2)

January 11, 2011



IBRD Loan: US$4 million
Terms: Maturity = 25 years;   Grace = 10 years
IDA Credit: US$21 Million equivalent
Terms: Maturity = 20 years;   Grace = 10 years
Project ID:  P116451

Project Description: The Second Development Policy Operation (DPO2) for Armenia aims to support the Government of Armenia meet two strategic objectives: (i) addressing vulnerability by protecting the poor and supporting greater human capital development; and (ii) strengthening competitiveness for sustained post-crisis growth.


Media Contacts
Jonathan Daly
Tel : (202) 473-2588
jdaly1@worldbank.org

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