Tue, 10 June
25.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

Armenian economy minister discusses cooperation expansion prospects with ADB director

YEREVAN, October 25. /ARKA/. Armenian Economy Minister Tigran Khachatryan received Friday an Asian Development Bank delegation headed by ADB Country Director Paolo Spantigati, the press office of the Armenian economy ministry reports.

Spantigati spoke about many regional support programs of the ADB. He stressed the role of the Armenian government in public-private partnership. In his words, the ADB continues considering grounds for cooperation and the areas where it could increase its support.

Khachatryan, for his part, said that the Asian Development Bank, as one of the biggest financial organizations, supports the implementation of governmental programs and is now actively participating in infrastructural projects in Armenia. “It is very important in this context to continue discussing ways for creation room for financing the private sector,” he said. Khachatryan also stressed the importance of development of the capital market, the system of management of public investments and the institutional system in the country.

The parties discussed key focuses of the Partnership Strategy and the ongoing support for the Armenian government for partnership between public and private sectors. Khachatryan outlined the economic ministry’s top-priority objectives and stressed the importance of the Asian Development Bank’s further support and development of the cooperation. -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.

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.

Average settlement exchange rate of dram to dollar in May was 0.3% lower than a year ago

In May 2025, the average settlement exchange rate of the Armenian dram to the US dollar was 386.6 drams, which is 0.3% lower than the same indicator in May 2024 (387.8 drams).

LATEST NEWS

spot_imgspot_imgspot_img