Fri, 12 December
1.1 C
Yerevan
USD: 381.84 RUB: 4.82 EUR: 447.02 GEL: 141.56 GBP: 510.83

ADB intends to expand cooperation programs with Armenian government and private sector

YEREVAN, Nov. 24. /ARKA/. Armenian President Vahagn Khachaturyan received on Thursday Eugene Zhukov, Director General of Central and West Asia Regional Department at the Asian Development Bank, the presidential press service reported.

The meeting was also attended by ADB Armenia Director Paolo Spantigati and Deputy Finance Minister Vahe Hovhannisyan.

Zhukov was quoted as saying that Armenia is one of ADB’s most important partners, and that they intend to continue and expand cooperation programs both in the private sector and with the Armenian government in such areas as transport communications, “green economy,” education and many others.

The president spoke about the economic and political realities of the South Caucasus and their impact on the economic development of the region.

Khachaturyan stressed that one of the primary conditions for a qualitative change in Armenia’s and the region’s economic development is a peaceful and secure environment, and Armenia is firmly committed to establishing peaceful and good neighborly relations with all of its neighbors.-0-

spot_img

POPULAR

The average exchange rate of the Armenian dram to the US dollar in November was 1.8% lower than a year ago

In November 2025, the average exchange rate of the Armenian dram to the US dollar was 382.0 drams, which is 1.8% lower than the same figure in November 2024 (389.0 drams).

USD, EUR and RUB exchange rates rise against Armenian dram 

The average market exchange rate of the U.S. dollar to the Armenian dram on May 21, 2025, rose by 0.14 points to AMD 385.06 compared to May 20.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Market capitalization ups by 10.6% in November, exceeding 463.4 billion drams – Armenia Stock Exchange

Armenia Stock Exchange (AMX) has summarized the trading activity for November 2025. During the month, a dynamic trading environment has been maintained, highlighting growing investor confidence and market activity.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img