Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Find Out


Armenia - First Development Policy Operation

November 7, 2013

IBRD Loan: U$31 million 

Terms: Terms: Maturity = 25 years; Grace = 10 years
IDA Credit: US$41 million equivalent
Terms: Maturity = 25 years; Grace = 5 years
Project ID: P127754

Project Description: The objective of this project is to support the Government of Armenia in its efforts to spur job creation and enhance sustainability with the goal of reducing poverty and promoting shared prosperity. It aims to achieve these objectives through strengthening competitiveness and enhancing fiscal, social and environmental sustainability.

Media Contacts
In Washington
Elena Karaban
Tel : (202) 473-9277