Armenia will receive a €45.31 million ($50 million equivalent) results-based loan from the Asian Development Bank (ADB) to support wide-ranging healthcare reforms. The initiative was discussed on Monday during debates at the National Assembly’s Standing Committee on Financial-Credit and Budgetary Affairs, where Deputy Health Minister Lena Nanushyan presented the agreement.
According to Nanushyan, the funds will be directed toward the construction and modernization of medical facilities, the evaluation of healthcare service quality, the digitalization and institutionalization of reporting, the licensing of institutions, and the development of human capital in the sector. The program also includes the launch of a pilot telemedicine project and the expansion of e-health tools. In addition to financial support, ADB will provide technical expertise to Armenia’s Health Ministry.
The Health Care Quality Improvement Program is designed to strengthen Armenia’s healthcare system by enhancing inclusive, climate- and gender-responsive medical facilities, improving the delivery of high-quality care, and institutionalizing quality monitoring and accountability. Loan disbursements will be results-based, with funds released only after meeting specific verified criteria.
The loan carries an 18-year repayment period, including a 7-year grace period. Following the debates, the parliamentary committee approved the government’s initiative.
