Sat, 10 January
-2.9 C
Yerevan
USD: 381.21 RUB: 4.81 EUR: 443.92 GEL: 141.50 GBP: 511.13

Armenian Premier and WB Chief Executive discussed cooperation prospects

YEREVAN, June 3./ARKA/. Armenian Prime Minister Tigran Sargsyan received Monday Chief Executive of the World Bank Frank Heemskerk, the government reported to ARKA.

PM expresses his satisfaction with the level of cooperation between Armenia and WB and noted he believed the bilateral partnership would expand even further in the near future.

Heemskerk, on his side, pledged to report to the World Bank Armenia’s expectations relating to the cooperation expansion.

The sides discussed the issues relating to WB-funded programs in agriculture, state apparatus, local administration management.

On the request of Heemskerk PM also presented the economic situation in Armenia, the process of reforms implementation, etc.

As of May 2013, nearly $1.73 million was injected into Armenia that joined WB in 1992 and IBRD- in 1993.—0-

spot_img

POPULAR

Armenian banks tighten checks on Russian transactions

Banks in Armenia and Serbia have tightened checks on Russian transactions following Russia's inclusion on the EU's money laundering blacklist, RBC reports, citing lawyers and international business consultants.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

 Financial capacity in Armenia has grown, exceeding targets: Central Bank head

Financial capacity in Armenia has increased, and the established national targets have not only been met but also exceeded, said Martin Galstyan, Chairman of the Central Bank of Armenia, during the presentation of the results of the 3rd national survey (barometer) "Assessment of Financial Capabilities of the Population of the Republic of Armenia."

Armenia’s state budget deficit for the first 11 months amounted to 265.4 billion drams, an increase of 14.3%

The Ministry of Finance of Armenia presented the republic's state budget execution indicators for January-November 2025.

LATEST NEWS

spot_imgspot_imgspot_img