Wed, 4 March
-1.9 C
Yerevan
USD: 376.99 RUB: 4.86 EUR: 436.97 GEL: 139.80 GBP: 500.79

Asian Development Bank ready to expand joint programs with Armenia – President

YEREVAN, November 27. /ARKA/. Armenian Prime Minister Nikol Pashinyan received Asian Development Bank (ADB) President Masatsugu Asakawa on Monday, the government press service reported.

It said Pashinyan praised the close cooperation between the Armenian government and ADB and emphasized the bank’s contribution to the development of infrastructure in the country.

He added that the Armenian government is interested in implementing new joint projects, emphasizing that the development of infrastructures is of paramount importance for the country.

Asakawa assessed the cooperation with Armenia as effective and noted that ADB is ready to expand joint programs.

In this context, the sides discussed the ongoing projects on construction of schools within the framework of seismic safety improvement program, road construction, development of infrastructures in health sector, as well as possibilities of implementation of new projects.

About Asian Development Bank

ADB is one of Armenia’s largest development partners. Since 2005 through this summer, the bank provided more than $1.6 billion in financial assistance, supporting the government’s priorities in transportation, energy, water, and urban infrastructure, among others.

 In the private sector, ADB is supporting utilities and infrastructure, financial institutions, and agribusiness. -0-

spot_img

POPULAR

How leaders build trust: ACBA Business Club

During the first ACBA Business Club of 2026, businessmen discussed the art of building trust and emotional management skills in the business environment.

Armbanks Weekly Digest. Key events of the financial market of Armenia (February 23 – March 1)

Last week on the financial market of Armenia was quite active and included the publication of the international risk assessment of financial stability, the disclosure of annual indicators of credit organizations and the development of the debt segment on AMX.

Money scam: Central Bank warns of cases of fraud purporting to be carried out in its name

The Central Bank of Armenia has warned of cases of fraud in which criminals pose as regulator employees and urge citizens to transfer funds to other accounts.

The risk of raising pensions in Armenia is estimated, the fiscal space for payments is stable – Ministry of Finance

The risk of expenses due to the increase of pensions in Armenia has been assessed, there is a stable predictable fiscal space for the benefit of pensioners, said Arman Pogosyan, Deputy Minister of Finance.

Love Is… Card by Unibank – An Iconic Design and a Romantic Trip for Two to Paris

Unibank has launched a limited-edition series of bank cards featuring the Love Is… design — bright, instantly recognizable, and filled with warm nostalgia.

LATEST NEWS

spot_imgspot_imgspot_img