Tue, 1 July
14.1 C
Yerevan
USD: 384.47 RUB: 4.90 EUR: 450.83 GEL: 141.25 GBP: 526.80

Armenian vice-premier discusses with EBRD delegation country’s development strategy for 2019-2024

YEREVAN, July 29. /ARKA/. Armenian Vice-premier Tigran Avinyan received Wednesday a EBRD delegation headed by Dmitry Gvintadze, the head of the Armenian office, the press office of the Armenian government reports.

The preliminary version of the country’s strategy for 2019-2024 was the key topic discussed at the meeting.

The parties also outlined prospects of cooperation between Armenia and the European Bank for Reconstruction and Development for the next five years. In particular, Gvindadze presented the prime minister the scale and instruments of the bank’s support for Armenia’s private and public sectors.

Special attention will paid to enhancement of the private sector’s competitiveness improvement of administration, support for business environment reforms and sustainable development of infrastructures.

The vice-premier stressed the importance of cooperation with the European Bank for Reconstruction and Development and ranked highly the implementation of the measures aimed at stable development of infrastructures and investment environment. -0—

spot_img

POPULAR

US dollar exchange rate unchanged, euro and ruble rise

The average market exchange rate of the U.S. dollar to the Armenian dram on March 7, 2025, remained at 394.58 drams, unchanged compared to March 6.

Armenia to receive EUR 26 million loan from KfW bank for renewable energy development

Armenia will receive a loan and a grant from the German KfW bank for the implementation of the "Renewable Energy and Energy Efficiency Development" program.

Euro falls by 0.62 points to 450.23 drams

The average market exchange rate of the US dollar against the Armenian dram as of June 27, 2025, decreased by 0.59 points compared to June 26 and amounted to 384.32 drams.

Ratio of loans to deposits in commercial banks of Armenia has improved – WB review

In April 2025, deposits and loans of commercial banks of Armenia increased by 1.5% y/y and 0.8% y/y, respectively, slightly improving the ratio of loans to deposits compared to the figures for the previous year.

AMX Reaffirms Compliance with International ISO Standards

The Armenia Stock Exchange and Central Depository (AMX) have successfully completed their compliance certification with ISO 27001:2022 for Information Security Management and ISO 9001:2015 for Quality Management Systems.

LATEST NEWS

spot_imgspot_imgspot_img