Armenian Finance Minister and IMF and World Bank leadership agree on organization of assistance programs

YEREVAN, April 22. /ARKA/. Armenian Finance Minister Tigran Khachatryan and Deputy Minister Vahe Hovhannisyan participated in the Spring Meetings of IMF and World Bank Boards of Governors held on April 19-22 in Washington, United States, the press service of the Armenian Ministry of Finance reported.

It said the meetings discussed the current state of the global economy, trends of the international economic situation, global challenges and ways to overcome them, the situation in the financial markets and other key issues related to global financial stability.

Tigran Khachatryan and Vahe Hovhannisyan had a series of meetings with the IMF Board Executive for Armenia, the Chief of the IMF Middle East and Central Asia Department and the Chief of the IMF Mission in Armenia.

Khachatryan also met with the WB Vice President for Europe and Central Asia and the Executive Director representing Armenia on the Board of Directors of the World Bank.

Also, a joint meeting of the WB and IMF Composite Panel on Armenia was held, as well as a meeting with the Georgian minister of finance.

As part of separate bilateral meetings with the IMF and WB high ranking officials the current involvement of Armenia in the economic processes was discussed, agreements were reached on the organization of the assistance programs and exchange of experience -0-

spot_img

POPULAR

No liquidity shortage in Armenia, question is about business readiness: Central Bank Chairman

There is no liquidity shortage in Armenia, but the question remains about whether businesses meet investor requirements, according to Central Bank Chairman Martin Galstyan.

More than just awards: the Junius Financial Tournament has concluded

Complex calculations, tough competition and major victories: the popular among children Junius Financial Tournament has come to an end.

Head of Central Bank of Armenia explained why the strengthening of the dram does not offset the rise in global commodity prices

At a press conference on Tuesday, Martin Galstyan, Chairman of the Central Bank of Armenia, commented on the impact of the strengthening of the dram on the price dynamics of imported goods.

Governor of the Central Bank of Armenia discussed economic risks and prospects and capital market development with the IMF delegation

On Wednesday, at the opening meeting with the IMF mission delegation to Armenia, led by Alexander Timan, the Governor of the Central Bank of Armenia, Martin Galstyan, discussed recent macroeconomic developments, economic prospects, and key risks.

Central Bank of Armenia raised its monetary policy rate for the first time in over three years: how it has changed since the end...

Yesterday, the Central Bank of Armenia raised its monetary policy rate for the first time in over three years. After setting the rate at 10.75% in December 2022, it remained unchanged for several months, and in June 2023, the Central Bank began a gradual rate reduction cycle.

LATEST NEWS

spot_imgspot_imgspot_img