ArmInfo. Prime Minister Nikol Pashinyan received Axel van Trotsenburg, World Bank Senior Managing  Director of Development Policy and Partnerships, and  Alfonso Garcia  Mora International Finance Corporation (IFC) Regional Vice President.

ArmInfo. President of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso  believes that Armenia is a good example of productive assistance to  the country and its reforms. She stated on May 16 at a press  conference following the 33rd Annual Meeting of the Bank in Yerevan.

ArmInfo. The European Bank for Reconstruction and Development (EBRD) is boosting its support for  micro, small and medium-sized businesses (MSMEs) in Armenia by extending new financing to Armeconombank, a press release from the EBRD notes.

ArmInfo. Beata Javorcik, Chief Economist at the European Bank for Reconstruction and Development  (EBRD), clarified what caused the "optimism" of the EBRD, which in  its latest report forecasted a 6.2% growth of the Armenian economy,  answering a question from an ArmInfo correspondent. 

ArmInfo. The Ministry of Finance of Armenia signed a cooperation agreement with the French Development  Agency (The Agence Francaise de Developpement - AFD) for 2024-2027. The Agency's  press service reports, referring to the results of a meeting in the RA government, which took place with the participation  of the Ambassador of France to Armenia Olivier Decottignies  and Bertrand Walckenae, Deputy CEO the AFD.

ArmInfo.As part of the 33rd EBRD Business Forum on May 15 at the Dvin , Ardshinbank, a flagship sponsor of the event, organized a panel discussion on economic and trade sanctions. Ardshinbank's initiative brought together international experts, as well as representatives from the private and public sectors interested in monitoring sanction processes, onto one platform. The main objective of the discussion was to exchange views and assist participants in the practical implementation of sanctions compliance.

ArmInfo. On May 16, the Armenian government decided to redistribute funds and allocate 3 billion drams  to fulfill the state order for healthcare.

ArmInfo. The European Bank for Reconstruction and Development (EBRD) is providing a US$ 10 million  financial package to ArmSwissBank in Armenia to finance the private  sector's investments in growth, competitiveness, and greener and more  sustainable practices, the Bank's press service reports.

ArmInfo.  Armenia's suspension of funding to the CSTO is not a tragedy; Yerevan is not leaving the  organization. This was stated by Deputy Foreign Minister of the  Russian Federation Alexander Pankin during a session within the  framework of the international economic forumentiteled "Russia -  Islamic World: KazanForum".

ArmInfo.

ArmInfo. On May 16, the Armenian government approved a program to support the providing of housing to  families forcibly displaced from Nagorno-Karabakh.

ArmInfo. The Board of Governors of the European Bank for Reconstruction and Development (EBRD) has today  re-elected Odile Renaud-Basso to serve a second term as the Bank's President.

ArmInfo.

ArmInfo.The European Bank for Reconstruction and Development (EBRD) and the United States Agency  for International Development (USAID) have signed a Memorandum of Understanding (MoU) to develop the Trans-Caspian International Transport Route, also known as the Middle Corridor, to further enhance connectivity between Asia and Europe, via the South Caucasus.

ArmInfo. Despite numerous negative factors, Armenia remains resilient and the economy continues to  record good results, said Odile Renaud-Basso, the President of the European Bank for Reconstruction and Development (EBRD), on May 15 at the Bank's Annual Meeting in Yerevan.

ArmInfo. T Minister of Territorial Administration and Infrastructures of Armenia Gnel Sanosyan refrained   from specifying even the approximate cost of the North-South Road Corridor Investment Program and preferred not to indicate the deadlines of its implementation.

ArmInfo.The European Bank for Reconstruction and Development (EBRD) has improved its GDP growth forecast for Armenia for 2024 from the previous 4.5% to an updated 6.2% (versus actual 8.7% growth in 2023), expecting a slowdown to 4.8% in 2025, according to the Bank's latest Regional Economic Prospects. "Taming inflation"  report, published today.

ArmInfo.In 2024, the volume of investments of the European Bank for Reconstruction and Development  (EBRD) will be in an unprecedented amount - up to 500 million euros. Odile Renaud-Basso, the President of the European Bank for Reconstruction and Development (EBRD) stated on May 15 at the Annual Meeting of the Bank in Yerevan.

ArmInfo.During the 33rd annual meeting and business forum of the European Bank for Reconstruction and Development (EBRD), Ardshinbank CJSC and the Dutch entrepreneurial development bank FMO signed a Guarantee Agreement for a credit portfolio worth 20 million US dollars with a term of 7 years.

ArmInfo. The European Bank for Reconstruction and Development (EBRD) is lending EUR 236 million to  Armenia to finance the construction of the southern section of the Sisian-Kajaran road.