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Tag: IDA

Armenia’s Finance Minister heads for IDA congress in Côte D’ivoire

Economy
Armenia’s Finance Minister Vache Gabrielyan left for Côte d'Ivoire to participate in the 16th Congress of International Development Association, Finance Ministry said Wednesday

Armenian parliament ratifies $16-million loan agreement with IDA

Economy
On Thursday, Armenian National Assembly ratified a $16-million loan agreement with International Development Agency to improve management of agricultural resources of communities and to enhance their competitiveness.

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ACBA Bank to Invest $50 Million in MSME Development in Partnership with JICA (VIDEO)

ACBA Bank and the Japan International Cooperation Agency, JICA, are launching a partnership, as a result of which ACBA Bank will invest $50 million in the development of micro, small and medium-sized enterprises in Armenia.

Pashinyan: “banking secrecy is no longer a ‘sacred cow’ in democratic countries”

Armenian Prime Minister Nikol Pashinyan said today that banking secrecy cannot be inaccessible to the state.

Euro down 1.47 points to 412.25 drams

The average market exchange rate of the US dollar to the Armenian dram as of January 31, 2024, was 97.35 drams, down 0.57 points compared to January 30.

Armenian company buys Russian subsidiary of Goldman Sachs

Russian President Vladimir Putin has authorised the purchase of Goldman Sachs' unit in Russia by investment company Balchug Capital, a government decree published on Friday showed, Frank Media reports.

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