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

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (September 28 – October 4)

The week's financial agenda combined discussions on reforms with the IMF, supervisory measures by the Central Bank of Armenia (CBA), and preparations for budget financing. The banking and corporate segments of the capital market saw the completion of bond placements.

4.3% inflation recorded in Armenia in September

Armenia’s Statistical Committee reports that 12-month inflation in the country's consumer market stood at 4.3% in September of this year.

Armenia and the French Development Agency Discuss New Areas of Cooperation

Armenia and the French Development Agency (AFD) are discussing future cooperation in the areas of irrigation infrastructure and agriculture, energy, solid waste management, and private sector development, the press service of the Armenian government reports.

Unibank’s AMD 6.9 billion Perpetual Bonds Listed on the Armenia Securities Exchange

Unibank’s AMD-denominated perpetual bonds with a total nominal volume of AMD 6.9 billion have been listed on the Armenia Securities Exchange and included in the secondary Bbond list of bonds.

Central Bank of Armenia has issued a warning regarding illegal activities of credit organization My Fin UCO

The Central Bank of Armenia has issued a warning to the public regarding a company operating on Facebook under the name "My Fin UCO," which offers lending services without the appropriate regulatory license.

LATEST NEWS

spot_imgspot_imgspot_img