Wed, 5 February
3.1 C
Yerevan
USD: 396.58 RUB: 4.04 EUR: 413.36 GEL: 140.63 GBP: 497.27
spot_img

World Bank will continue supporting reforms in Armenia – WB Regional Director

YEREVAN, June `12. /ARKA/. The World Bank will continue to support Armenia in the coming years in implementing its reform agenda, Roland Price, the newly appointed WB Regional Director for the South Caucasus, said on Friday at a meeting with Armenian Deputy Prime Minister Tigran Khachatryan.

The meeting was attended by Sebastian Molineus, the current WB Regional Director, whose term in office is ending, the deputy prime minister’s office reported.

During the meeting, Molineus highly appreciated the effective cooperation with the Armenian government in such areas as energy, education, social protection and healthcare.

Thanking Molineus, Khachatryan expressed confidence that all the necessary prerequisites have been created for the effective implementation of the ongoing programs.

In the course of the meeting the interlocutors discussed a wide range of issues related to the current and future programs of cooperation between the Armenian Government and the World Bank.

Carolin Geginat, WB Country Manager for Armenia, also participated in the meeting.

The World Bank has invested $1.6 billion in Armenia in 57 programs during the 20 years of its operations in the country. Currently, 14 projects are being implemented in Armenia on the WB financial means in the spheres of transport, water economy, energy efficiency, agrarian sector, SMEs, judicial and legal reforms, education and state sector. –0—

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Euro exchange rate plummets by 5.57 points to AMD 406.68

The average market exchange rate of the U.S. dollar to the Armenian dram on February 3, 2025, totaled 396.99 drams, down 0.36 points compared to January 31.

Euro down 1.47 points to 412.25 drams

The average market exchange rate of the US dollar to the Armenian dram as of January 31, 2024, was 97.35 drams, down 0.57 points compared to January 30.

ACBA Bank to Invest $50 Million in MSME Development in Partnership with JICA (VIDEO)

ACBA Bank and the Japan International Cooperation Agency, JICA, are launching a partnership, as a result of which ACBA Bank will invest $50 million in the development of micro, small and medium-sized enterprises in Armenia.

Net inflow of money transfers to Armenia drops 1.1 times in 2024

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the banking system of the Republic of Armenia, amounted to $1.51 billion in January-December 2024, compared to $1.65 billion in 2023, according to the report from the Central Bank of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img