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Armenia - Lifeline Roads Improvement Project (English)

The objective of the Lifeline Roads Improvement Project (LRIP) for Armenia is to upgrade selected sections of the lifeline road network and create temporary employment in road construction. Armenia's economy has already been severely affected by the crisis through slower direct investments, reduced remittances, falling commodity prices, reduced tourism receipts, reduced availability of credit, and other financial contagions that have decreased economic growth and increased local unemployment. The Government of Armenia (GoA) recognized the implications of the emergency and acted swiftly to begin addressing strategic macro, public investment and expenditure choices. As part of the recovery strategy it requested rapid support from the Bank and the LRIP is part of the requested program. To help respond to recent developments in Armenia, the authorities have requested support on three fronts: (i) a Small and Medium Enterprises (SME) credit line, to support real sector activity; (ii) budgetary support; and (iii) urgent support for small-scale infrastructure that will generate increased employment.

Details

  • Document Date

    2009/02/06

  • Document Type

    Project Paper

  • Report Number

    47133

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Armenia,

  • Region

    Europe and Central Asia,

  • Disclosure Date

    2009/03/03

  • Disclosure Status

    Disclosed

  • Doc Name

    Armenia - Lifeline Roads Improvement Project

  • Keywords

    rural services and infrastructure;small and medium enterprise;civil works;Promoting Private Sector;state budget allocation;global financial crisis;financial management arrangement;roads and highway;effect on employment;gdp growth rate;decline in remittance;foreign direct investment;procedure for implementation;environmentally sound practices;rural road network;Public Financial Management;Road Sector Policy;qualification of contractor;amount of income;internal control system;quality of work;management of procurement;road safety issue;universal design principles;construction of road;initial capital cost;Country Assistance Strategies;country assistance strategy;road transport infrastructure;fuel price increase;average travel time;vehicle operating cost;availability of credit;response to crisis;Exchange Rates;local public work;current account deficit;rural community;pavement option;project road;mitigation measure;pavement design;construction site;road section;temporary employment;pavement type;Project Monitoring;fiduciary risk;traffic demand;road maintenance;construction quality;accounting software;Job Creation;financial resource;traffic count;traffic loading;drainage facilities;fiscal deficit;routine maintenance;drainage design;commercial bank;economic shock;land acquisition;mining companies;Consulting services;operational implementation;financial statement;monitoring indicator;strategic objective;mining company;road condition;rural livelihood;indirect employment;construction supervision;commercial operation;external auditing;Labor Market;local contractor;management responsibility;income transfer;environmental screening;contract approvals;country risk;independent supervision;product market;asymmetric information;global recession;bank borrowing;funding mechanism;development partner;sound asset;coherent strategy;Real estate;high transportation;residual risk;emergency operation;agricultural growth;account data;forest stand;Macroeconomic Stability;donor assistance;asphalt concrete;adjustment measure;Public Spending;state guarantee;inadequate capacity;employment opportunities;filing system;administrative skill;Social Protection;internal debt;local jobs;public debt;global output;financial reporting;maintenance contractor;economic vulnerability;construction machinery;protected area;employment generation;annual budget;construction risk;adequate budgetary;prior review;private auditors;safety audit;traffic survey;local beneficiary;road work;project intervention;environmental practice;stakeholder consultation;traffic condition;environmental risk;geographical spread;road alignment;monitoring scheme;social impact;mitigation plans;funds flow;construction period;highway engineer;international consultant;procurement staff;variation order;fiduciary safeguard;transparent procurement;sample format;direct payment;average share;Fiscal Stimulus;initial deposit;retroactive financing;contract execution;supervision arrangements;construction work;pavement surface;construction industry;principal risk;road engineer;road design;small-scale infrastructure;community reporting;commodity price;tourism receipts;significant loss;financial contagion;local unemployment;transport cost;interstate highway;emergency support;investment operation;principal component;budgetary support;Economic Stimulus;real sector;SME credit;government commitment;high performance;Armed Conflict;job loss;field survey;outcome indicator;economic crisis;original work;Financial Sector;pavement marking;safety feature;road pavement;environmental factor;construction activities;fiscal crisis;traffic study;moving traffic;basic access;external shock;rural area;social opportunities;output loss;construction material;support measure;economic recovery;project costing;monitoring arrangement;increasing unemployment;grant financing;transmission mechanism;disbursement arrangement;investment opportunities;external demand;contract fee;construction waste;employment opportunity;conservative assumption

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Citation

Armenia - Lifeline Roads Improvement Project (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/867661468005436342/Armenia-Lifeline-Roads-Improvement-Project