Tue, 12 August
22.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

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

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Market capitalization in July increased by 45.3% year-on-year, exceeding 463 billion drams – Armenia Stock Exchange

Armenia Stock Exchange (AMX) has summarized the trading activity for July 2025. The month showed a dynamic trading environment, highlighting growing investor confidence and market activity. 

Armenian Central Bank  developing mechanisms for insurance and combating financial fraud

Armenia's Central Bank is developing a set of tools to combat financial and cyber fraud, the deputy chairman of the Central Bank Armen Nurbekyan said at a press conference on Tuesday.

Net inflow of money transfers to Armenia from abroad decreased by 1.3% in half-year

The net inflow of cross-border transfers in favor of individuals in Armenia, received from abroad through the banking system of the Republic of Armenia, in January-June 2025 amounted to $587.6 million against $595.4 million in January-June 2024, according to the report of the Central Bank of the Republic.

Average settlement rate of dram to dollar in July was 1% lower than a year ago

In July 2025, the average settlement rate of the Armenian dram to the US dollar was 384.1 drams, which is 1% lower than the same indicator in June 2024 (388.1 drams).

LATEST NEWS

spot_imgspot_imgspot_img