YEREVAN, January 22. /ARKA/. The Eurasian Fund for Stabilization and Development (EFSD)’s current program portfolio in Armenia amounts to $538 million.
The EFSD is implementing 10 programs in Armenia in the macroeconomic, agricultural, transport, and social sectors.
At a meeting on Thursday, the Armenian government approved a proposal to sign an agreement with the EFSD regarding the Fund’s presence in the country.
The Fund’s primary objective is to promote the strengthening of the economic and financial stability of its member states.
The EFSD’s founding member states’ participation amounts to $8.513 billion, with Armenia’s share equivalent to $1 million.-0-
