ADB ready to continue implementing programs in Armenia

YEREVAN, June 13. /ARKA/. The Asian Development Bank is ready to continue implementing development programs in Armenia, Takehiko Nakao, President of the Asian Development Bank (ADB), said Tuesday as he met with Armenian President Armen Sarkissian, the Armenian president’s press office reports.

Takehiko Nakao said that cooperation with Armenia has been established in a number of areas.
Sarkissian, on his side, called the ADB one of the most important partners of Armenia.

He said many projects had been implanted in the Armenian economy’s public and private sectors under the Asian Development Bank’s support.

Sarkissian proposed to Nakao to expand boundaries of the cooperation in development of infrastructures, agriculture, energy, information technology, tourism, healthcare, education and other areas. -0—

spot_img

POPULAR

Institute of Theater and Cinematography has implemented the latest video editing software

A new stage of development has begun at the Yerevan State Institute of Theater and Cinematography.

Armenia expects to reduce public debt to 45% of GDP within five years: Deputy Finance Minister

The Armenian government aims to bring the public debt-to-GDP ratio to 45%, approximately within five years, stated Deputy Finance Minister Avag Avanesyan.

Net non-commercial remittances in Armenia accelerated to 16% in April – WB

Net non-commercial remittances in Armenia increased by 16% year-on-year in April from a low base in 2025, according to the World Bank's "Armenia Monthly Economic Update – June 2026."

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (June 15–21)

The financial week in Armenia was marked by Central Bank decisions, discussions of public debt parameters, inflation dynamics, and institutional changes in the banking sector.

Converse Bank and ADB expand access to MSME and sustainable finance in Armenia

Converse Bank and Asian Development Bank (ADB) have signed a financing agreement of up to USD 15 million aimed at expanding access to finance for micro, small, and medium-sized enterprises (MSMEs) in Armenia, including women-led businesses, and promoting sustainable investments.

LATEST NEWS

spot_imgspot_imgspot_img