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

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market as of July 15, 2026, rose by 0.51 points compared to July 14, reaching 367.25 drams.

Fitch Expects Central Bank of Armenia to Raise Refinancing Rate

International rating agency Fitch Ratings expects a temporary increase in the refinancing rate in Armenia.

Euro and ruble exchange rates against the Armenian dram continued to decline, while the dollar rose slightly: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of July 14, 2026, increased by 0.05 points compared to July 13, reaching 366.74 drams.

Central Bank of Armenia named five key factors influencing inflation

In an interview with CivilNet, Armen Ktoyan, a member of the Board of the Central Bank of Armenia, listed five factors influencing inflation in the country.

Strong banks’ capital and liquidity positions mitigate risks to Armenia’s financial stability – Fitch

Risks to financial stability in Armenia are mitigated by banks' strong capital and liquidity positions, according to the international ratings agency Fitch Ratings.

LATEST NEWS

spot_imgspot_imgspot_img