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Armenia strategy

Post-crisis economic recovery has progressed at a moderate pace compared with the double-digit growth rates before the crisis. After declining by 14.1 per cent in 2009, output increased modestly by 2.2 per cent in 2010 and 4.7 per cent in 2011.

Strategy (230KB - PDF)

Local language translation (501KB - PDF)

Report on the invitation to the public to comment (33KB - PDF)

The EBRD and Armenia

In light of economic environment, the remaining transition challenges and EBRD’s ability to support the reform agenda in Armenia, the Bank has identified four main strategic priorities for the next strategy period:

  • Developing the financial sector and improving access to finance
  • Improving municipal and urban transport infrastructure
  • Developing agribusiness and high value-added, export-oriented industrial companies
  • Improving the regulatory and institutional framework for sustainable energy and increasing value-added in the mining sector

Last updated 21 June 2012


  • Armenia factsheet

    Armenia factsheet

    This document provides an overview of the EBRD's work in Armenia.