With independence in 1991, Armenia suffered a severe economic contraction. Between 1990 and 1993, GDP dropped by more than 50 percent. This led to hyperinflation, a budget deficit that reached a high of...
With independence in 1991, Armenia suffered a severe economic contraction. Between 1990 and 1993, GDP dropped by more than 50 percent. This led to hyperinflation, a budget deficit that reached a high of...
With independence in 1991, Armenia suffered a severe economic contraction. Between 1990 and 1993, GDP dropped by more than 50 percent. This led to hyperinflation, a budget deficit that reached a high of...
The project outcome was satisfactory, sustainability likely, and the institutional development impact substantial, with satisfactory ratings for both the Bank and Borrower performances. Notwithstanding...
This news release, dated March 14, 2003, announces the World Bank’s Board of Executive Directors approved a United States (U.S.) 40 million dollars equivalent (special drawing rights (SDR) 30.2 million)...
The Fifth Structural Adjustment Credit Project for Armenia's support the Government's efforts in: a) developing the private sector and accelerating public enterprise reform to facilitate sustainable growth...