Thu, 12 June
31.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

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

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

S&P reaffirms Armenia’s sovereign credit ratings with stable outlook

On August 23, international credit rating agency S&P Global Ratings reaffirmed Armenia's long-term and short-term sovereign credit ratings in both foreign and local currency at "BB-/B." The agency also maintained its "stable" outlook for the country.

LATEST NEWS

spot_imgspot_imgspot_img