Armenia Development Policy Operation: Economic, Fiscal and Public Sector Governance

closed

The objective of the Economic, Fiscal, and Public Sector Governance Development Policy Loan Project for Armenia is to support the government's actions to strengthen economic, fiscal, and public sector governance by (i) improving pro-competition, pro-trade and streamlined quality regulations and processes, (ii) enhancing efficiency of revenue mobilization and public investment, and (iii) strengthening anti-corruption initiatives and the performance of the justice sector and the civil service. The Development Policy Loan (DPL) supports the new government's bold objectives, enshrined in a reform program that seeks to strengthen economic, fiscal, and public sector governance. The DPL will also be a stand-alone operation that prioritizes core governance reforms and sets the foundations and initial steps for longer-term reforms in a number of areas.