Passage: Nevertheless, the government was able to make wide-ranging economic reforms that paid off in dramatically lower inflation and steady growth. The 1994 cease-fire in the Nagorno-Karabakh conflict has also helped the economy. Armenia has had strong economic growth since 1995, building on the turnaround that began the previous year, and inflation has been negligible for the past several years. New sectors, such as precious-stone processing and jewelry making, information and communication technology, and even tourism are beginning to supplement more traditional sectors of the economy, such as agriculture.This steady economic progress has earned Armenia increasing support from international institutions. The International Monetary Fund (IMF), World Bank, European Bank for Reconstruction and Development (EBRD), and other international financial institutions (IFIs) and foreign countries are extending considerable grants and loans. Loans to Armenia since 1993 exceed $1.1 billion. These loans are targeted at reducing the budget deficit and stabilising the currency; developing private businesses; energy; agriculture; food processing; transportation; the health and education sectors; and ongoing rehabilitation in the earthquake zone. The government joined the World Trade Organization on 5 February 2003. But one of the main sources of foreign direct investments remains the Armenian diaspora, which finances major parts of the reconstruction of infrastructure and other public projects. Being a growing democratic state, Armenia also hopes to get more financial aid from the Western World.

Question: Who financed the reconstruction of infrastructure of the Armenian earthquake zone?
the Armenian diaspora