Fri, 6 February
-1.9 C
Yerevan
USD: 378.01 RUB: 4.94 EUR: 445.56 GEL: 140.45 GBP: 513.64

Ministry of Economy and  IMF delegation discussed Armenia’s economic diversification, export strategy

YEREVAN, April 4. /ARКА/. Yesterday, Armenian Economy Minister Gevorg Papoyan received a delegation led by Iva Petrova, head of the International Monetary Fund (IMF) mission in Armenia.

According to the press service of the ministry, the parties discussed the prospects for cooperation between the Armenian government and the IMF, the latest trends in the country’s economic development, steps to diversify the economy, as well as existing risks and possible ways to eliminate them.

The topics discussed also included export strategy and policy priorities in this area, attracting international partners and effective investment management.

Particular attention was paid to the effectiveness of the state support programs implemented by the Ministry of Economy, as well as large investment projects being implemented in the country.

The meeting was also attended by IMF Resident Representative in Armenia Umang Ravat, Deputy Ministers Narek Hovakimyan, Lilia Sirakanyan and Edgar Zakharyan.

spot_img

POPULAR

Euro drops against Armenian dram while US dollar ups a little

The average market exchange rate for the US dollar to the Armenian dram on February 2, 2026, increased by 0.39 points compared to January 30, reaching 379.03 drams.

Armenia and EIB prioritize cooperation in economic development and private sector

Armenian Deputy Prime Minister Mher Grigoryan and the Head of the European Investment Bank (EIB) Unit, Matteo Rivillini, emphasized the importance of cooperation in economic development projects, particularly in the implementation of joint programs with the private sector in the country, the government press service reported.

Maldives trips and Apple devices awarded to loyal Byblos Bank Armenia customers

On January 30, the “Your Turn to Win” campaign organized for Byblos Bank Armenia Mastercard cardholders concluded.

Armenia’s corporate bond market grew approximately fourfold between 2018 and 2025: minister

Armenian Economy Minister Gevorg Papoyan reported that the country's corporate bond market grew more than 4.4-fold between 2018 and 2025.

Euro, USD, and ruble drop against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram, as of January 29, 2026, fell by 0.46 points compared to January 29, to 378.64 drams.

LATEST NEWS

spot_imgspot_imgspot_img