USAID's Investments for Economic Development in Armenia - Dollars to Results

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Results of USAID's Economic Development spending

FY 2012 $5.6 M

Financial Sector $1.6 M
Infrastructure $2.2 M
Private Sector Competitiveness $0.4 M
Trade and Investment $1.3 M
Total Economic Development $5.6 M
Why Our Work Matters…

Economic growth creates opportunities, improves quality of life, and reduces poverty.

Note: Select a program in the navigation menu to the left or click on a pie slice above to view additional disbursement information.

Widening disparities in wealth and income in Armenia led to a serious socioeconomic divide on several levels, most notably between rural and urban areas. In the long run, Armenia’s most critical needs are to diversify its economy and improve its ability to compete internationally. The most critical constraint to sustained growth is the concentration of economic and political power, which the USAID program is designed to address.

USAID'S ECONOMIC GROWTH PROGRAM IN ARMENIA AIMS TO:

  • Improve linkages to domestic and international markets;
  • Build necessary economic infrastructure;
  • Increase access to financial services; and
  • Promote private sector competitiveness.
USAID helps introduce new heating systems in Armenia’s rural communities to utilize solar energy and meet present-day demands

USAID helps introduce new heating systems in Armenia’s rural communities to utilize solar energy and meet present-day demands of energy efficiency and environmental protection.

USAID/Armenia

View the "Real Lives, Real Progress" infographic (PDF, 1.13MB)​

Disclaimer: Dollars to Results links spending in a fiscal year to results reported for that same year. The data may differ from other USAID and U.S. Government websites because they use different timeframes and reporting parameters for information displayed. Please refer to the FAQs for more details.