Armenia, IFC officials discussed capital market development in Armenia

YEREVAN, April 28. /ARKA/. Armenian acting Deputy Prime Minister Mher Grigoryan had a meeting via video link with the Regional Vice President of the International Finance Corporation (IFC) Georgina Baker on Tuesday, the press service of the Deputy Prime Minister’s office reported.

Grigoryan was said to have praised Armenia’s cooperation with the IFC, especially in the context of the coronavirus pandemic and the difficult post-war period.

Grigoryan and Baker exchanged views on the coronavirus vaccination process in Armenia. In this context, the acting Deputy Prime Minister spoke about the government’s policy and the steps already taken in this direction.

During the meeting, the sides discussed also the possibilities of developing the capital market in Armenia and the role of IFC in this process.

The parties also touched upon IFC’s involvement in financing SMEs, as well as the importance of IFC’s consulting services in terms of assessing investment potential in various areas.

Grigoryan and Baker discussed the prospects for developing cooperation in the field of energy, digitalization and high technologies. The need to develop women’s entrepreneurship in Armenia was also emphasized, an exchange of views took place on the efforts being made in this direction.

Since Armenia’s accession to the IFC, the latter, as of August 2020, has provided Armenia with assistance in the amount of about $ 700 million. -0-

spot_img

POPULAR

Armenia proposes EBRD expand SME support to diversify exports

Armenian Minister of Economy Gevorg Papoyan and a delegation from the European Bank for Reconstruction and Development (EBRD)—led by Elisabetta Falcetti, Managing Director for Turkey and the Caucasus—agreed to advance their cooperation agenda during a meeting on Thursday.

Armenia and ADB Discuss New Projects and Areas of Cooperation

Armenian Deputy Prime Minister Tigran Khachatryan and Lyaziza Sabyrova, Country Director for Armenia at the Asian Development Bank (ADB), discussed new areas of cooperation and infrastructure projects.

Armenia’s health insurance system covers over 1.85 million people; payouts exceed 150 billion drams — Ministry of Health

Armenia’s universal health insurance system currently covers 1,815,000 beneficiaries, and the volume of reimbursements to medical organizations and pharmacies has exceeded 150 billion drams, said Samvel Kharazyan, Deputy Minister of Health of the Republic of Armenia.

Idram’s “City of Good Deeds”: From Teamwork to Real Charitable Projects

“City of Good Deeds” was the theme of Idram’s annual team-building event this year, which stood out for its unique purpose.

Mher Grigoryan Discusses SBA Implementation with Head of IMF Mission to Armenia

During a meeting with a delegation led by Alexander Tieman, Head of the IMF Mission to Armenia, Deputy Prime Minister Mher Grigoryan discussed issues raised within the framework of the second review of the Stand-By Arrangement (SBA) supported by the IMF.

LATEST NEWS

spot_imgspot_imgspot_img