Armenia: Butter Wouldn’t Melt
Armenia: Butter Wouldn’t Melt

Author(s): Konrad Zasztowt
Subject(s): Supranational / Global Economy, Economic policy, Government/Political systems, International relations/trade, Economic development, Fiscal Politics / Budgeting, Geopolitics
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: Armenia; European Union; sector budget support; EU aid; financial aid; funding reforms;
Summary/Abstract: This section presents how budget support has been used in Armenia. In 2007–2013, several budget support operations were implemented in Armenia for an overall sum of €134.9 million. The programmes have seen 85% of targets achieved on average. Some delays in paying the tranches took place when specific conditions were not achieved. Such cases are not publicized by the EU delegation, probably in order not to strain cooperation with the government. In terms of management, the Armenian Ministry of Economy is the major coordinator, while on the EU side the delegation manages the process, both in its operational and financial aspects, with a staff consisting of 7–8 people. The programming usually takes 1–2 years, while implementation of budget support operations usually lasts 3-4 years. The programmes are helped by a set of all of the usual TA tools.

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