Sun, 15 June
23.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

Armenia’s Finance Minister heads for IDA congress in Côte D’ivoire

YEREVAN, November 14. /ARKA/. Armenia’s Finance Minister Vache Gabrielyan left for Côte d’Ivoire to participate in the 16th Congress of International Development Association, Finance Ministry said Wednesday.

Mr. Gabrielyan will attend the congress as a newly appointed member of the borrowers of Eastern Europe and Central Asia, according to the source.

The congress participants will discuss the programs implemented by the World Bank.

International Development Association, IDA, is the part of the World Bank group. It was established in 1960. —0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

US dollar exchange rate slightly down, those of euro and ruble up

The average market exchange rate of the U.S. dollar to the Armenian dram on May 13, 2025, decreased by 0.78 points compared to May 12 and amounted to 388.08 drams.

High profitability of Armenian banks in 2024 was facilitated by growth in net interest income and low level of credit losses – Galstyan

High profitability was recorded in the banking system of Armenia at the end of 2024, which was facilitated by growth in net interest income and low level of credit losses, said Martin Galstyan, Chairman of the Central Bank of the Republic, presenting the financial stability report for 2024.

LATEST NEWS

spot_imgspot_imgspot_img