Wed, 14 January
-0.9 C
Yerevan
USD: 380.83 RUB: 4.83 EUR: 444.28 GEL: 141.25 GBP: 512.94

Armenian Deputy Prime Minister discusses priority directions of future partnership with ADB Head of Mission

YEREVAN, May 22. /ARKA/. Armenian Deputy Prime Minister Tigran Khachatryan received Donald Lambert, Director of the Asian Development Bank’s (ADB) Armenian office on Thursday, the government press service reported.

It said the sides exchanged views on the current framework of bilateral cooperation, as well as on the priority directions of partnership in the coming years.

The sides discussed a number of directions of current cooperation, including the implementation of the investment program of the North-South transport corridor, as well as cooperation in the field of irrigation infrastructure and efficient management of water resources.

Joint work on improving seismic safety of schools was discussed in detail. The interlocutors, in particular, attaching importance to the consistent cooperation in this direction, noted that it has set new benchmarks in terms of quality and safety of school construction in the country.

About the Asian Development Bank

ADB has provided a total of $1.9 billion in assistance to Armenia since 2005, making it one of the country’s largest multilateral partners in development programs. These include projects in transportation, energy, water, and urban infrastructure, while in the private sector ADB supports utilities and infrastructure, financial institutions, and agribusiness.-0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Armenia approves amendments to agreement on automatic exchange of financial account information

During a meeting on Thursday, the Armenian government gave its approval to a draft law that ratifies the amendment to the Multilateral Agreement of Competent Authorities regarding the "Automatic Exchange of Financial Account Information," which was signed on October 14, 2014.

Market capitalization increased by 6.29% in December to approximately 467 billion drams – Armenia Stock Exchange

 Armenia Stock Exchange (AMX) has summarized the trading activity for December 2025. During the month, a dynamic trading environment has been maintained, highlighting growing investor confidence and market activity.

Armenia’s financial system in December 2025: interest rate declines, lending grows

In December 2025, Armenia's financial market was characterized by a combination of moderate monetary easing, continued high growth rates in bank lending, and the continued development of capital market instruments.

LATEST NEWS

spot_imgspot_imgspot_img