Sat, 28 February
5.1 C
Yerevan
USD: 377.00 RUB: 4.88 EUR: 444.78 GEL: 140.99 GBP: 507.97

World Bank is preparing country’s partnership framework strategic document for Armenia

YEREVAN, March 6. /ARKA/. The World Bank is preparing the Country’s Partnership Framework strategic document that defines the cooperation priorities for the next four years with Armenia, World Bank Country Manager for Armenia Sylvie Bossoutrot said today during a meeting with President Armen Sarkissian.

According to the presidential press service, the document will be based on three main aspects: export and competitiveness promotion, development of human capital, as well as environmental protection and resource management.

Sarkissian was quoted as saying that cooperation with international financial institutions is very important for Armenia. According to the president, economic growth, stable and rapid development are the main tools for overcoming poverty. He said the projects implemented jointly with the WB should be aimed at solving the existing problems with the help of these tools.

Stressing the importance of developing high technologies, education and science, Sarkissian said that in this context his efforts are aimed at stimulating high technologies and innovations, and there is great potential for effective cooperation in this issue. -0-

spot_img

POPULAR

Rates of euro, dollar and ruble to Armenian dram decreased: Central Bank of Armenia

The average exchange rate of the US dollar to the Armenian dram, formed on the currency market of Armenia as of February 27, 2026, decreased by 0.04 points to 377 drams compared to February 26.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (February 16-22)

Last week, the Armenian financial market was distinguished by intensified institutional interactions in the banking sector and debt market dynamics.

Acba Bank places 10 billion dram-denominated bonds

Acba Bank has begun placing coupon-bearing book-entry bonds through a public offering for a total of 10,000,000,000 (ten billion) drams, the bank's press service reported.

“Globbing” LLC’s bonds worth 1.5 billion drams and $2 million have been listed on Armenia Securities Exchange (AMX)

The Armenian Securities Exchange (AMX) today welcomed the entry of one of the leading online shopping companies, Globbing LLC (Global Shipping LLC), to the capital markets.

Euro, dollar, and ruble exchange rates against the Armenian dram fell after two days of gains: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of February 25, 2026, fell by 0.92 points compared to February 24, to 376.92 drams.

LATEST NEWS

spot_imgspot_imgspot_img