Making Finance Work for Transformative Change in Armenia: UN-locking Finance for Armenia 2030
Building upon the momentum of the current wave of reforms in Armenia, triggered by the “velvet revolution” in 2018, the Joint Programme is designed to (i) help the Armenian Government create clear links between policies, planning and budgeting processes (horizontal workstream); and (ii) deploy innovative and evidence-driven mechanisms to leverage partnerships and multiple sources of finance towards three priority areas in Armenia - climate change, food security and human capital (vertical workstream).
The JP is designed to operationalise the Armenian Transformation Strategy and sectoral strategies through an SDG integrated financial framework and strengthen the financing architecture for effective policy implementation. The programme focus will be on increasing the understanding of national financing needs and gaps and help channel resources towards sectors that disproportionately benefit vulnerable groups, including women. In line with the Theory of Change of the Joint Programme, investments in these sectors will in turn have a knock-on effect on other sectors, thus promoting sustainable development across all dimensions of the 2030 Agenda.
UNDP, UNICEF, WFP
Office of the Deputy Prime Minister, Ministry of Finance