€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

The Power of One Dram to ‘’Vahe Meliksetyan’’ Foundation

The April beneficiary of ‘’The Power of One Dram’’ initiative was the “Davitbek Games” Foundation.

Martin Galstyan re-elected as Governor of the Central Bank of Armenia

Martin Galstyan was re-elected as Governor of the Central Bank of Armenia on Tuesday in a closed, secret ballot vote in the National Assembly.

FINTECH360 International Conference Held in Armenia

The international FINTECH360 conference took place in Yerevan, bringing together around 500 participants from more than 30 countries, including the United States, United Kingdom, France, Germany, Switzerland, Cyprus, Latvia, Luxembourg, Romania, UAE, India, Russia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, Moldova, Uzbekistan, Georgia, and others.

Armenia Needs New Projects to Be Financed by Banks and Pension Funds: Central Bank Governor

Armenia needs high-quality projects that could be financed by banks and pension funds, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

Armenia’s loan portfolio has grown by approximately 20% annually for the past three years: Central Bank Governor

Armenia's loan portfolio has grown by approximately 20% annually for the past three years, Central Bank Governor Martin Galstyan announced at a parliamentary session on Tuesday.

LATEST NEWS

spot_imgspot_imgspot_img