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Lesson
Development partners should both support and take advantage of opportunities that arise when governments are committed to reform, which should also be recognized in their country programming. the government that came to office in 2018 was strongly reform-minded. Even though Armenia suffered two exogenous shocks in the form of the coronavirus disease (COVID-19) and conflict with a neighboring country, reform commitment did not waver. This contributed strongly to the ultimate outcome of this program.

Project Number: 51060-002, 51060-003
Project Name: Public Efficiency and Financial Markets Program (Subprograms 1 and 2)
Report Date:
Lesson
Making private sector development truly sustainable requires transforming governance and public institutions and administration in a manner suited to the development of market-based systems.

Project Number: 47099-002, 47099-004
Project Name: Investment Climate Reforms Program (Subprograms 1 and 2)
Report Date: