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

Head of Central Bank of Armenia explained why the strengthening of the dram does not offset the rise in global commodity prices

At a press conference on Tuesday, Martin Galstyan, Chairman of the Central Bank of Armenia, commented on the impact of the strengthening of the dram on the price dynamics of imported goods.

Food prices account for 57% of inflation in Armenia – WB

Food and non-alcoholic beverage prices account for 57% of inflation, despite a slowdown in their growth rate from 8.6% in June to 6.4% in August, according to the World Bank's Armenia "Monthly Economic Update – September 2026."

Central Bank rate hike will not have a significant impact on market sentiment and investment activity in Armenia – Freedom Broker Armenia CEO

Freedom Broker Armenia Director Hovak Hovakimyan does not expect the Central Bank rate hike to have a significant impact on market sentiment and investment activity in the local market.

Unibank Call Center Now Available 24/7 on Weekdays

Unibank has extended the call center's operating hours, making customer support even more accessible.

Acba Bank is a market maker for EBRD bonds in Armenia

Acba Bank will act as a market maker for dram-denominated bonds of the European Bank for Reconstruction and Development (EBRD) on the Armenia Securities Exchange (ASE), ensuring their liquidity in the secondary market, the bank's press service reported.

LATEST NEWS

spot_imgspot_imgspot_img