Fri, 7 March
-0.9 C
Yerevan
USD: 394.58 RUB: 4.43 EUR: 425.79 GEL: 141.83 GBP: 507.86
spot_img

Armenian Minister of Labor and Social Affairs discusses new cooperation formats with WB

YEREVAN, Oct. 3. /ARKA/. Armenian Minister of Labor and Social Affairs Narek Mkrtchyan received today representatives of the World Bank led by World Bank’s Country Manager for Armenia Carolin Geginat.

The sides discussed a number of issues related to the new formats of cooperation in the area of labor and social protection. They also looked into projects that have been implemented and the ones that are to be implemented within the framework of the Second Social Protection Administration Project.

The sides also reviewed the already available results of this project. Summary information was presented about the already operating Unified Social Service centers, as well as those under construction.

The importance of creating the central office of the Unified Social Service, full implementation of the Unified Information System and consolidation of efforts towards the development of human capital was noted.

At the end of the meeting the sides expressed readiness to continue joint efforts for the continuous development of the labor and social protection spheres.

Since 1992 when Armenia joined the World Bank and IDA in 1993, the total commitments to Armenia amounted to over USD 2.5 billion. -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

LATEST NEWS

spot_imgspot_imgspot_img