ARM: Support to the Business Support Office in Armenia
Description
The Business Support Office of the Republic of Armenia is one of 11 Investment Councils currently supported by European Bank for Reconstruction and Development as part of the Bank’s Investment Climate and Governance Initiative. The Investment Councils play a key role in efforts to improve the business and investment climates in their countries, by providing a platform for public-private dialogue between senior government figures (each Investment Council is chaired by either the President or Prime Minister of the country), international financial institutions/donors and representatives from the country’s private sector to enhance wider private sector economic impact by addressing the key constraints to their growth. To date, funding for the Business Support Office has been provided by the European Bank for Reconstruction and Development internal donor funds – the Shareholder Special Fund - and the UK Government through the Good Governance Fund. Both European Bank for Reconstruction and Development and the Good Governance Fund are keen to extend this cooperation in Moldova to provide continuity to the Good Governance Fund’s existing portfolio of Investment Councils in the Eastern Europe and Caucasus region (Armenia, Georgia and Moldova) and elsewhere and to leverage the political weight of the UK government alongside European Bank for Reconstruction and Development’s private sector expertise to continue supporting investment climate reforms in Moldova, including in response to Covid-19.
Location
The country, countries or regions that benefit from this Programme.
Status Implementation
The current stage of the Programme, consistent with the International Aid Transparency Initiative's (IATI) classifications.
Programme Spend
Programme budget and spend to date, as per the amounts loaded in financial system(s), and for which procurement has been finalised.
Participating Organisation(s)
Help with participating organisations
Accountable:Organisation responsible for oversight of the activity
Extending: Organisation that manages the budget on behalf of the funding organisation.
Funding: Organisation which provides funds.
Implementing: Organisations implementing the activity.
- Accountable
- Funding
- Implementing
Sectors
Sector groups as a percentage of total Programme budget according to the OECD Development Assistance Committee (DAC) classifications.
Budget
A comparison across financial years of forecast budget and spend to date on the Programme.
Download IATI Data for GB-GOV-1-301454-109