Wed, 11 June
17.1 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

Euro and ruble exchange rates to the Armenian dram fell, the dollar rose

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian currency market as of June 6, 2025, increased by 0.06 points compared to June 5 and amounted to 383.46 drams.

Mechanism to stimulate cashless payments to be developed in Armenia

On Friday, the Armenian government held a meeting on issues related to stimulating cashless payments in the country.

Acba Bank and NABU launch free 2025 program for organic agriculture development

Acba Bank and the Armenian branch of the German "Nature and Biodiversity Conservation Union" (NABU) are launching a free 2025 Organic Agriculture Development Program, the bank's press service reported.

Dollar and euro exchange rates to the Armenian dram fell again, while the ruble rose

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian currency market as of June 4, 2025, fell again by 0.1 points compared to June 3 and amounted to 383.76 drams.

AMX introduces remote membership model, opening doors to international investors

The Armenia Securities Exchange (AMX) and the Central Depository have introduced a Remote Membership model, which is aimed at providing access to foreign investors to the Armenia Securities Exchange, the press service of the exchange reported.

LATEST NEWS

spot_imgspot_imgspot_img