EBRD Endorses New Strategy for Armenia

More than 180 million euros ($253 million) in financing from the European Bank for Reconstruction and Development will be made available to Armenia in the next two years. Under

's new strategy for the Caucasus nation, funding will be directed toward 30 projects in various areas including small and medium enterprise development, transition and sector reform, and commercialization of public infrastructure.

About the author

  • Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.