Armenia Development Finance Assessment


This Development Finance Assessment (DFA) was carried out within the framework of the joint UNDP, UNICEF and WFP Project “Making Finance work for transformative change in Armenia: UN-locking Finance for Armenia 2030” The assessment was carried out by a team of consultants led by Nelson Stratta (International Consultant), and based on field research carried out by national consultants Vahan Sirunyan (Public Finance), Elena Khachvankyan (Public Finance and PPPs), Karine Harutyunyan (Planning and Budgeting) and Lilit Gharayan (Private Investment and Finance). The DFA technical team was supported and supervised by Ligia Ghazaryan (Joint Project Manager) and Tatevik Koloyan (Team leader, Innovation and SDG Finance portfolio, UNDP). The team wishes to acknowledge the time and comments received from several UN colleagues, including Arevik Anapiosyan, Babken DerGrigorian, Armenuhi Hovakimyan, Suren Poghosyan and Louise Skärvall. The views expressed in this report are those of the authors and do not necessarily represent those of the institutions to which they are affiliated, including the United Nations Development Program (UNDP) in Armenia, the United Nations, or its member states