Sat, 14 February
8.1 C
Yerevan
USD: 376.94 RUB: 4.88 EUR: 446.90 GEL: 140.43 GBP: 513.28

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

Armenia proposes clarifying the procedure for compensating social expenses

Armenia plans to bring the procedure for compensating social expenses for citizens who declare their income into line with amendments to the Tax Code, announced Finance Minister Vahe Hovhannisyan.

AMX conducted auctions for placement and redemption of government bonds totaling 28.3 billion drams

On February 10, the Armenia Stock Exchange (AMX) executed a government bond placement auction amounting to 20 billion drams, alongside a government bond redemption auction totaling 8.3 billion drams.

Taxpayers received 409 billion drams in refunds in 2025

Taxpayers will receive 409 billion drams in refunds in 2025, a 4.2% increase compared to 2024, Eduard Hakobyan, Chairman of State Revenue Committee, announced at a press conference on the 2025 results.

Unibank Becomes  A-Level Member of Armenian- British Business Chamber

Unibank is pleased to announce its A-Level membership in the Armenia British Business Chamber (ABBC), marking an important milestone in strengthening its international cooperation and actively engages with the global business community.

National Assembly Committee approved a €120.5 million loan agreement with the IBRD for the tourism development program

At its meeting on Monday, the Standing Committee on Financial, Credit, and Budgetary Affairs of the Armenian National Assembly approved the ratification of a €120.5 million loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity) for the Tourism and Regional Infrastructure Development Program (TRIP) in Armenia.

LATEST NEWS

spot_imgspot_imgspot_img