Armenia intends to attract funding from the UN Green Climate Fund for climate projects

YEREVAN, March 4. /ARKA/. Armenia plans to secure low-interest loans from the UN Green Climate Fund (GCF) to implement climate change programs. This topic was discussed on Tuesday during a meeting between RA Economy Minister Gevorg Papoyan, Chairman of the Union of Banks of Armenia Daniel Azatyan, Executive Director of ArmSwissbank Gevorg Machanyan, and his deputy Ara Makaryan.

According to the press service of the Armenian Ministry of Economy, the meeting focused on promoting the green, sustainable, and framework economy agenda in Armenia. Representatives from ArmSwissbank presented their programs aimed at contributing to the development of a green and sustainable economy in the country.

The meeting also emphasized the importance of establishing international partnerships to create new investment opportunities.

spot_img

POPULAR

Finance Minister Explains Reason for Armenia’s Public Debt Growth

Armenia's public debt in 2025 increased by 8.8% compared to 2024, stated RA Finance Minister Vahe Hovhannisyan.

VTB (Armenia) Develops Telemarketing as a Modern Remote Service Channel

VTB (Armenia) is developing its telemarketing strategy, taking remote banking to a new level.

EBRD has appointed a new head of its office in Armenia

The European Bank for Reconstruction and Development (EBRD) has appointed Remon Zakaria as the new head of its Yerevan Resident Office, effective 1 September 2026, replacing George Akhalkatsi.

Average exchange rate of the Armenian dram to the US dollar in May was 4.7% lower than a year ago

In May 2026, the average exchange rate of the Armenian dram to the US dollar was 368.5 drams, compared to 386.6 drams in May 2025, according to data from the Statistical Committee of Armenia.

Head of the Central Bank of Armenia named the reasons behind the rise in gold prices

In the current situation in Armenia, there is no reason to panic over the depreciation of the dram, says Martin Galstyan, head of the Central Bank of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img