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.