Additional Financing for the Armenia Social Investment and Local Development Project (WB-P171862)

  • Armenia
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
  • Infrastructure
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 20.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 28.40 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Apr 3, 2020

Disclosed by Bank Jan 1, 2020

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Project Description

According to the Bank's project, the structure of the initial project (see related projects), that this project re-finances, will remain unchanged. 

The components of this project will remain: (i) support to socioeconomic development and capacity building at the local level; (ii) support to intercommunity social and economic development intiatives; and (iii) institutional strengthening and project management. 

The desired outcomes of this project will remain: (i) increased proportion of beneficiaries of community microprojects and intercommunity subprojects that are satisfied with the infrastructure quality; (ii) increased number of people benefitting from improved and better quality infrastructure and services; and (iii) increased access to and use of local community infrastructure. 

Investment Description
  • World Bank (WB)
Contact Information

No contact information available at time of writing. 


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