WB ready to support government programs and economy development in Armenia

YEREVAN, July 17. /ARKA/. Armenian Prime Minister Nikol Pashinyan received yesterday a delegation headed by Deborah Wetzel, Senior Director, Governance Global Practice, at the World Bank, the press office of the prime minister reports.

Stressing the importance of the effective cooperation between the Armenian government and the World Bank, Pashinyan expressed hope that the positive changes in Armenia will allow implementing new programs.

He spoke about the government’s top-priority focuses and the planned reforms aimed at ridding the country of corruption and monopolies. He also spoke about development of the economy and improvement of business environment.

The premier said that the Armenian government is interested in expansion of cooperation with the World Bank.

Deborah Wetzel, on her side, stressed that the World Bank is ready to support implementation of government programs and contribute to the development of key sectors of Armenia’s economy.

She welcomed the government’s determination to implement institutional changes, enhance transparency and create favorable environment for investors.

Other issues were discussed at the meeting as well. –0—

spot_img

POPULAR

EDB and Armenian Ministry of Finance signed an agreement on provision of technical assistance

An agreement between the Armenian Ministry of Finance and the Eurasian Development Bank (EDB) on the "Provision of Technical Assistance" was signed in Yerevan during a meeting between Minister of Finance Vahe Hovhannisyan and Chairman of the EDB Board of Directors Nikolay Podguzov.

Central Bank: Starting July 1, consumers in Armenia will be able to block online financial transactions with a single tap

Starting July 1, 2026, consumers in Armenia will be able to block online financial transactions with a single tap, via mobile banking or a financial institution's website, the Central Bank of Armenia press service reported.

Central Bank of Armenia presented data on sustainable development in the context of financial stability

The Central Bank of Armenia published its "Sustainability Report 2025," presenting approaches to sustainable development in the context of financial stability.

Guesthouse “Bees and Beekeeping” in Lori Province

In the village of Vardablur in the Lori region, at the "Beeography" guesthouse, guests are welcomed with a honey drink, considered the guesthouse's signature dish.

Armenia to Receive €120 Million Loan and €15 Million Grant from KfW Bank for Power Grid Connection with Georgia

At a meeting on Thursday, the Armenian government approved the signing of a €120 million loan agreement with the German bank KfW for the "Caucasus Transmission Network - NIF" project to connect the power systems of Armenia and Georgia. Additionally, a €15 million grant agreement with KfW was approved for the "EU Caucasus Transmission Network - NIF. Phase II" project.

LATEST NEWS

spot_imgspot_imgspot_img