RA Government Received $450 Million Grants from EU and USA in 2007-2014

31.08.2015 | 16:26 | Armenia’s Foreign Grants

The Union of Informed Citizens continues the investigation over foreign grants received by the executive authorities. With this publication of the series, we present the sum amount of the grants received by the RA Government in 2007-2014.

So, during the last 8 years, the Armenian Government received grants equal to approximately 542 million USD from foreign states and organizations. We can observe this from the state budget reports for the last 8 years.

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As we can see, the Government received the highest amount of grants in 2011, which is related to sharp increase in funding through EU projects and the “Millennium Challenge” program of the United States. That year the European Union provided grants of unprecedented scale – more than 57 million USD, only within the framework of “Macro-Financial Assistance” and “General Budget Support” programs.

Overall, most of the grants received during last 8 years, equal to about 51% of the total amount, came from the European Union, EU countries or European banks and organizations. More than 32% were provided by the United States of America. Then comes the “Linsy” Foundation – about 10%, and the fourth place belongs to the World Bank – 4.6%.

 

Figure 2: RA Government Grants for 2007-2014 by Donors  (in Means)

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However, the amount of EU support has sharply increased during the last several years because, firstly, the “Linsy” Foundation stopped operating in Armenia from 2011, and “Millennium Challenge” Program – from 2012. The Government of Japan also does not provide grants to Armenia starting from 2012.

Figure. Grants Received by the RA Government by Donors (Million USD)

2007 2008 2009 2010 2011 2012 2013 2014 Total
EU and European Organizations (banks) 22.7 17.8 22.8 20.7 80.5 44.4 28.4 37.7 275.1
USA 9.1 17.2 24.8 50.8 73.3 0.3 0.6 0.5 176.6
World Bank 0.3 0.0 6.6 5.1 4.8 1.7 2.9 3.4 24.9
Japan 2.7 1.9 2.0 0.7 0.2 0.0 0.0 0.0 7.6
UN 0.0 0.0 1.4 0.0 0.7 0.0 0.5 0.0 2.6
Linsy Foundation 36.8 11.7 2.1 4.5 0.0 0.0 0.0 0.0 55.2
Total 71.6 48.5 59.7 81.9 159.5 46.5 32.5 41.6 541.9

 

As a result, in 2012-2014, 110 out of 120 million USD (around 91%) were provided by the European Union and European organizations.

RA Government Grants for 2012-2014 by Donors (in Means)

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Hence, RA Government’s main donors are the EU and the USA as they allocated more than 450 million USD during 8 years. It forms more than 83% of the total amount of grants received by the RA Government. If we take into account the fact that World Bank grants are also allocated from the funds provided by the USA and the EU, we will have an even more accurate picture.

However strange it may sound, there is no mentioning of grants provided by the Russian Federation in the state budget reports. This fact comes to testify that the gratuitous aid provided by our “strategic ally” is insignificant, to say the least.

Hrayr Manukyan
Union of Informed Citizens


See also