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Lesson
Assessment of potential political risks such as a change in government and identifying mitigation measures could help ensure the continuity of planned project activities, specifically when there is strong support, ownership, and commitment of an agency. In particular, it is important to consider the speed and direction of change in the policy regime. For example, a shift in the government priorities could trigger resource allocation that could potentially affect how a project could deliver its intended development results.

Project Number: 43405-023
Project Name: Urban Services Improvement Investment Program - Tranche 1
Report Date:
Lesson
This is a description, not a lesson for a future TA project.

Project Number: 42417-045
Project Name: Vertical Mobility and Safety Improvement
Report Date:
Lesson
Although the rights and obligations of the building owners and residents are governed by the Constitution of the Republic of Armenia, the Civil Code and other legal acts, the management of commonly shared property in multi-apartment buildings in Yerevan is not effective, since there is a mismatch between the ownership title of the assets and the owner’s perception regarding the maintenance obligations. Nevertheless, the local government is still willing to improve the commonly owned private property through public borrowing.

Project Number: 42417-045
Project Name: Vertical Mobility and Safety Improvement
Report Date: