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Armenia ratifies agreement with ADB on EUR 45.3 million healthcare improvement program

YEREVAN, April 3. /ARKA/. At a meeting on Thursday, the Armenian government ratified a loan agreement with the Asian Development Bank (ADB) for a program aimed at improving the quality of healthcare.

According to the government decision, the program involves a loan of 45.3 million euros for Armenia, with a repayment period of 18 years. It is focused on promoting reforms in the following areas: construction and improvement of medical facilities, evaluation of healthcare services, digitalization and institutionalization of accountability, licensing of medical institutions, development of human capital in the healthcare sector, implementation of a pilot telemedicine program, and enhanced use of e-health tools.

About the Asian Development Bank

Since the beginning of its cooperation with Armenia in 2005, ADB has invested $1.9 billion in the country’s economy as of December 2024. In 2024, ADB invested $132 million, of which $96.7 million was allocated to the public sector, $30 million to private sector projects, and $5.3 million for technical assistance.

ADB is committed to supporting a prosperous, inclusive, sustainable, and resilient Armenia and will continue to work closely with the government to help implement its priorities. Established in 1966, ADB is owned by 68 member countries, 49 of which are from the region.

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