Sun, 27 July
24.1 C
Yerevan
USD: 383.94 RUB: 4.85 EUR: 450.25 GEL: 141.78 GBP: 516.63

Armenia ratifies agreement with ADB on EUR 45.3 million healthcare improvement program

YEREVAN, April 3. /ARKA/. At a meeting on Thursday, the Armenian government ratified a loan agreement with the Asian Development Bank (ADB) for a program aimed at improving the quality of healthcare.

According to the government decision, the program involves a loan of 45.3 million euros for Armenia, with a repayment period of 18 years. It is focused on promoting reforms in the following areas: construction and improvement of medical facilities, evaluation of healthcare services, digitalization and institutionalization of accountability, licensing of medical institutions, development of human capital in the healthcare sector, implementation of a pilot telemedicine program, and enhanced use of e-health tools.

About the Asian Development Bank

Since the beginning of its cooperation with Armenia in 2005, ADB has invested $1.9 billion in the country’s economy as of December 2024. In 2024, ADB invested $132 million, of which $96.7 million was allocated to the public sector, $30 million to private sector projects, and $5.3 million for technical assistance.

ADB is committed to supporting a prosperous, inclusive, sustainable, and resilient Armenia and will continue to work closely with the government to help implement its priorities. Established in 1966, ADB is owned by 68 member countries, 49 of which are from the region.

spot_img

POPULAR

Fitch expects inflation in Armenia to remain within the target level until 2027

International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.

Fitch forecasts Armenia to tighten fiscal policy after 2027

Fitch Ratings analysts forecast a tightening of fiscal policy by the republic's authorities in a new report on Armenia.

A scheme for stealing funds through fake investment platforms  exposed in Yerevan

A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Armenia’s economy to stabilize on 5.5% growth trajectory in 2025 – EDB forecast

According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.

LATEST NEWS

spot_imgspot_imgspot_img