IDA Credit: US$11 million equivalent
Terms: Maturity = 25 years Grace = 5 years
Project ID: P128740
Project Description: The objective of the financing is to support the Government of Armenia’s policy to raise the living standards of the poor through improving the quality and access of community infrastructure and services in poor communities. The funding will promote institutional capacity at the community and municipal levels, increased accountability, and enhance citizen empowerment at the local level.