EU Commissioner: EU will continue to contribute to economic  development of Armenia
 Thursday, May 16 2024, 21:18

ArmInfo. On May 16, Prime Minister of the Republic of Armenia Nikol Pashinyan received  EUCommission Executive Vice-Preside,Trade Commissioner Valdis  Dombrovskis.

PM discusses opportunities for diversifying Armenian economy with WB,  IFC management 
 Thursday, May 16 2024, 21:07

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.

EBRD President considers programs implemented by Bank useful for  development of private sector in Armenia
 Thursday, May 16 2024, 21:04

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.

EBRD lends up to US$ 10 million to Armeconombank for MSME on-lending
 Thursday, May 16 2024, 20:47

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.

Armenia benefits greatly from influx of capital and IT specialists -  EBRD chief economist
 Thursday, May 16 2024, 20:45

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. 

Finance Ministry, French Development Agency sign cooperation  agreement for 2024-2027
 Thursday, May 16 2024, 19:54

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.

Idram Junior and Koreez signed a memorandum of cooperation
 Thursday, May 16 2024, 17:35

ArmInfo.Idram Junior and Koreez educational program signed a memorandum of cooperation. Organizations are developing a new competition for financial education, in which all students from 3rd to 8th grades interested in the field will have the opportunity to participate.

During the 33rd EBRD Business Forum, Ardshinbank hosted a panel discussion on economic and trade sanctions.
 Thursday, May 16 2024, 17:31

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.

Government to allocate additional AMD 3 billion to finance state  order for healthcare
 Thursday, May 16 2024, 16:24

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

EBRD provides $10 million loan to ArmSwissBan to support  competitiveness and green transition of MSMEs
 Thursday, May 16 2024, 16:18

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.

Pankin: Armenia`s suspension of CSTO funding isn`t tragedy
 Thursday, May 16 2024, 16:16

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".

 Thursday, May 16 2024, 16:07

ArmInfo.

Armenian government approves program for providing housing to  families from Artsakh; expenses estimated at  AMD 10-12 billion 
 Thursday, May 16 2024, 14:41

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

EBRD Governors re-elect President Odile Renaud-Basso for second term
 Thursday, May 16 2024, 14:35

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.

 Thursday, May 16 2024, 12:00

ArmInfo.

EBRD, USAID to develop transport infrastructure of Armenia,  Azerbaijan, Georgia 
 Thursday, May 16 2024, 10:57

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.

 Thursday, May 16 2024, 10:40

ArmInfo.

No specific dates for the entry into force of the law on compulsory  life insurance for tourists visiting Georgia - RA MFA
 Thursday, May 16 2024, 10:31

ArmInfo.At the moment, there is no specific date for the entry into force of the law on compulsory  life and health insurance for tourists visiting Georgia. This was reported by the press secretary of the Armenian Foreign Ministry Ani Badalyan.

Pashinyan: all those who have the necessary skills, abilities and  desire can make a profit in Armenia
 Wednesday, May 15 2024, 19:08

ArmInfo. In recent years, the economy of the Republic of Armenia has recorded  a great growth. Since the non-violent Velvet Revolution of 2018, the Armenian economy has grown by almost 30%, state budget revenues have increased by more than 91%, and about 200 thousand jobs have been opened, which means an increase in the total number of jobs by about 37%.

Odile Renaud-Basso: Armenian economy continues to grow despite  numerous negative factors
 Wednesday, May 15 2024, 17:59

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.



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