Fri, 30 January
-3.9 C
Yerevan
USD: 379.10 RUB: 5.00 EUR: 452.72 GEL: 140.90 GBP: 522.48

Armenian government and German KfW willing to expand cooperation

YEREVAN, June 19. /ARKA/. Armenian Prime Minister Nikol Pashinyan received today a delegation headed by Olaf Zimelka, the regional director of the German Development Bank (KfW) for Central Asia and the South Caucasus.

The government press office quoted Pashinyan as saying that his government appreciates highly cooperation with the bank, and stressing its role in various sectors of Armenian economy.

Nikol Pashinyan was said to have stressed the need to increase the effectiveness of joint credit programs and to ensure the duration of projects. The head of the government spoke also about the priorities of the government and the status of reforms designed to improve the business environment and stimulate investment.

Stressing that the partnership with Armenia contributes to the development and strengthening of the Armenian-German cooperation, Zimelka added that KfW is ready to contribute to the expansion and strengthening of cooperation.

The sides discussed also issues of current and prospective programs in the fields of energy, agriculture and infrastructures. -0-

spot_img

POPULAR

EBRD invested record €426 million in Armenia in 2025

The European Bank for Reconstruction and Development (EBRD) invested a record €426 million in the Armenian economy in 2025 through 26 projects, the bank's press service reported.

Armenia’s commercial banks paid 162.14 billion drams to the state budget in 2025

All 17 commercial banks operating in Armenia were included in the list of the top 1,000 taxpayers in 2025, having paid a total of 162.14 billion drams to the state budget.

Suspension of acceptance of payments for Viva Armenia CJSC services through EasyPay platforms

EasyPay LLC informs that, as a result of Viva Armenia CJSC unilaterally terminating the cooperation, starting from February 1, 2026, payments for Viva Armenia CJSC services will no longer be accepted through EasyPay payment instruments.

World Bank names factors behind average annual inflation in Armenia in 2025

In December 2025, Armenia's inflation increased to 3.3 percent (yoy) from 3.1 percent (yoy) in November, according to World Bank's Armenia Monthly Economic Update – January 2026.

Armenia’s gross reserves rose to $5.1 billion in December, providing 4.1 months of import coverage – WB

In December 2025, the AMD/USD exchange rate appreciated slightly on average, compared to the previous month.

LATEST NEWS

spot_imgspot_imgspot_img