Mon, 28 April
18.1 C
Yerevan
USD: 389.46 RUB: 4.73 EUR: 441.92 GEL: 141.70 GBP: 519.38
spot_img

Armenia signs with KfW three loan agreements totaling €60 million

YEREVAN, December 9. /ARKA/. Head of the Central Bank of Armenia Arthur Javadyan and German’s KfW Bank Regional Director Olaf Zymelka signed Saturday three loan agreements totaling €60 million (€20 million each), the press office of the central bank reports.

One of these loans are intended for a program of financing Armenia’s farmers, the second one for stable development of mortgage market and the third for spurring the development of renewable energy.

According to the regulator’s press release, the agreements were signed in Vienna after a session of a board of the German-Armenian Fund, which operates with participation of KfW. -0—

spot_img

POPULAR

Draft law on crypto assets to be submitted to Armenian parliament in coming weeks – Deputy Chairman of Central Bank

The draft law on crypto assets, developed by the Central Bank of Armenia in the context of European norms, will be submitted to the Armenian parliament in the coming weeks, said Deputy Chairman of the Central Bank Armen Nurbekyan.

Armenia discusses bankruptcy reforms with ADB and AFD

Reforms of Armenian legislation in the field of bankruptcy were discussed at a meeting between Deputy Minister of Justice of Armenia Tigran Dadunts and representatives of the Asian Development Bank (ADB) and the French Development Agency (AFD).

Armenia may access $25 mln from the IMF under the SBA agreement in June

An International Monetary Fund (IMF) team led by Iva Petrova visited Yerevan from March 31 to April 10, 2025, to conduct discussions for the fifth review under the Stand-By Arrangement (SBA) with Armenia.

Euro exchange rate down 1 point, while US dollar and ruble up

The average market exchange rate of the U.S. dollar to the Armenian dram on April 25, 2025, rose by 0.77 points compared to April 23 and amounted to AMD 390.33.

Ministry of Economy and  IMF delegation discussed Armenia’s economic diversification, export strategy

Yesterday, Armenian Economy Minister Gevorg Papoyan received a delegation led by Iva Petrova, head of the International Monetary Fund (IMF) mission in Armenia.

LATEST NEWS

spot_imgspot_imgspot_img