Thu, 5 March
7.1 C
Yerevan
USD: 377.59 RUB: 4.82 EUR: 438.31 GEL: 138.06 GBP: 504.01

World Bank in Armenia has new country manager

YEREVAN, September 8. /ARKA/. Armenia’s Minister of Economic Development and Investments Suren Karayan received today a delegation, led by Mercy Tembon, World Bank Director for the South Caucasus, Europe and Central Asia.

During the meeting, Tembon introduced to the minister Sylvie Bossoutrot, the newly appointed WB Country Manager for Armenia, who took office on September 1.

The minister expressed hope that the effective cooperation between the World Bank and his ministry will continue. He attached importance to the contribution of the World Bank to the implementation of institutional reforms in Armenia. Karayan said also that with the assistance of the World Bank the government will continue the efforts to ensure economic stability in Armenia.

Tembon, in turn, stressed that the energy and efforts of the Armenian government in the implementation of reforms are extremely positive.

The minister discussed with the WB delegation the policy of attracting investments and stimulating exports. The parties attached importance to working with the private sector and agreed to conduct more detailed negotiations on the upcoming plans. -0-

spot_img

POPULAR

Love Is… Card by Unibank – An Iconic Design and a Romantic Trip for Two to Paris

Unibank has launched a limited-edition series of bank cards featuring the Love Is… design — bright, instantly recognizable, and filled with warm nostalgia.

The average exchange rate of the Armenian dram to the US dollar in February was 4.5% lower than a year ago

In February 2026, the average exchange rate of the Armenian dram to the US dollar was 377.6 drams (395.6 drams in February 2025).

Inflation of 4.3% Recorded in Armenia in February

Twelve-month inflation in Armenia's consumer market in February of this year stood at 4.3%, according to a report from the Statistical Committee.

Komitas Park Improvement: Acba Bank’s Gift to Yerevan on the Bank’s 30th Anniversary

Komitas Park will be improved in collaboration between Acba Bank and the Yerevan Municipality.

UBPay and MoneyTO Launch Money Transfers from Armenia to the UK

Clients of the Armenian payment system UBPay can now make money transfers from Armenia to the UK directly to recipients’ bank accounts.

LATEST NEWS

spot_imgspot_imgspot_img