Document Type: Implementation Status and Results Report Report No.: ISR40917 Document Date: MAR 25, 2020

Author: Casal,Julian Disclosure Status: Disclosed

Document Type: Environmental and Social Review Summary Report No.: ESRSA00210 Document Date: JAN 31, 2020

Author: Corlett,Michael Disclosure Status: Disclosed

Document Type: Implementation Status and Results Report Report No.: ISR38638 Document Date: JAN 02, 2020

Author: Musuku,Thilasoni Benjamin Disclosure Status: Disclosed

Document Type: Environmental and Social Review Summary Report No.: ESRSA00304 Document Date: NOV 06, 2019

Disclosure Status: Disclosed

Document Type: Implementation Status and Results Report Report No.: ISR38715 Document Date: OCT 04, 2019

Author: Casal,Julian Disclosure Status: Disclosed

Document Type: Implementation Status and Results Report Report No.: ISR38480 Document Date: SEP 15, 2019

Author: Pankov,Alexander Disclosure Status: Disclosed

Document Type: Implementation Completion Report Review Report No.: ICRR0021673 Document Date: JUL 10, 2019

Author: IEG Review Team Disclosure Status: Disclosed

Document Type: Environmental and Social Review Summary Report No.: ESRSC00601 Document Date: JUN 26, 2019

Author: Khan,Isfandyar Zaman Disclosure Status: Disclosed

Armenia is a small open economy of $3,937 GDP per capita (2017), a 3 million population and a parliamentary democracy with sound macro-fiscal and financial sector management. ... See More + Macro-financial vulnerabilities include high public debt, low FDI and high exposure to shocks coming from the Russian economy, through FDI, remittances and trade, and high dollarization. Social challenges include a declining and aging population, low formal employment, spatial disparities in living standards and skills mismatches. Other challenges are public and economic governance gaps such as justice reform and corruption, lack of competition and low productivity in both public and corporate sectors. Lack of connectivity illustrated by a low export growth and undiversified trade is a key constraint. Opportunities include a reform-minded government freshly appointed after a 2018 peaceful revolution, an appetite for ICT technological advances and a dynamic diaspora. Armenia can benefit from being a multi-club member, benefiting from Eurasian Economic Union membership and close links to the EU. Greater economic opportunities are key to poverty reduction and shared prosperity as highlighted by the increasing role of employment and wages as drivers of poverty reduction. In line with the above challenges and priorities, pipeline activities support: greater resilience, governance and competition, through a Development Policy Operation, to be delivered in 2019.  See Less -

Document Type: Report Report No.: 137446 Document Date: JUN 02, 2019

Disclosure Status: Disclosed

Document Type: Environmental and Social Review Summary Report No.: ESRSC00352 Document Date: APR 07, 2019

Author: Corlett,Michael Disclosure Status: Disclosed