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

Travel in comfort with the Mastercard World “Travel” Cards from Unibank

Unibank offers Mastercard World "Travel" cards, designed specifically for clients who travel frequently and value convenience, reliability, and additional privileges.

Grant Akopian Appointed CEO and Chairman of the Management Board of Converse Bank

Converse Bank CJSC announces the appointment of Grant Akopian as Chief Executive Officer and Chairman of  the Management Board of the Bank.

Unibank Awarded Client Protection Certification by MFR

Unibank has been awarded the Client Protection Certification by MFR, a global rating agency, providing assessments, data and technical expertise for the sustainable finance industry.

Euro rises 3.86 points to Armenian dram, while US dollar and ruble remain unchanged

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of April 14, 2026, remained unchanged from April 13, at 375.19 drams.

Unibank Launches Referral Campaign “Invite Friends and Get Bonuses”

Unibank announces the launch of the “Invite Friends and Get Bonuses” campaign, designed for cardholders within the salary program.

LATEST NEWS

spot_imgspot_imgspot_img