€41 million received in Armenia from Netherlands for 14 years in grants

YEREVAN, April 21. /ARKA/. Armenian President Serzh Sargsyan, at his meeting with Chairman of the National Bank of the Netherlands Nout Wellink, thanked the Dutch government for the €41 million provided to Armenia between 1996 and 2010 in grants. He also stressed the importance of cooperation between the two countries’ central banks.

Sargsyan said that the Netherlands has done a significant job while chairing WB and IMF subgroup for 18 years.

Wellink, on his part, said that Armenia, a member of this subgroup, has always cooperated with chair country and other member countries.

He said he remembered his first visit to Armenia in 2007 with pleasure. He said his visit had bee useful.

Wellink also said that cooperation with Armenia within the Netherland’s WB and IMF group is effective as well. -0-

spot_img

POPULAR

Members of the Armenian health insurance system will be able to receive bonuses for a healthy lifestyle

At a meeting on Thursday, the Armenian government approved the procedure for accruing bonus points within the universal health insurance system.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (July 6–12)

The week in Armenia's financial market was marked by accelerating annual inflation and activity in the government and corporate securities markets.

Unibank to Raffle a Trip to Italy

Unibank announces the launch of a special campaign, "More Opportunities with Unibank Mastercard World Travel Card."

Fitch forecasts inflation in Armenia at 4.4% in 2026, subsequently declining to 3%

The international rating agency Fitch Ratings expects inflation in Armenia to average 4.4% in 2026, after which it will gradually return to its target level of 3%.

Fitch: Armenia’s International Reserve Adequacy to Remain Below That of Similar-Rated Countries by 2028

Armenia's international foreign exchange reserves have reached a record high, but their sufficiency to cover the country's external needs in the medium term will remain below the average for countries with similar credit ratings, according to a report by the international rating agency Fitch Ratings.

LATEST NEWS

spot_imgspot_imgspot_img