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Armenian PM, WB regional director discuss cooperation agenda

12.12.2019 16:18

Armenian PM, WB regional director discuss cooperation agenda

Yerevan, December 12. /ARKA/ Armenian Prime Minister Nikol Pashinyan received December 11 World Bank Regional Director for the South Caucasus Sebastian Molineus, the government press office said. It said the meeting was attended by World Bank Armenia Mission Head Sylvie Bossoutrot.

Pleased with the ongoing partnership with the World Bank, the Prime Minister emphasized that the cooperation framework is fully consistent with his government’s priorities and his vision of Armenia’s development. Nikol Pashinyan pointed out that the Armenian economy saw remarkable growth and achievements in 2019, as evidenced by the relevant economic indicators, which may create good prerequisites for continued and more vigorous reforms.

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WB to provide EUR 45.8 million loan to Armenia for reform sustainability

22.11.2019 15:43

WB to provide EUR 45.8 million loan to Armenia for reform sustainability

The World Bank’s Board of Executive Directors approved Thursday a new, EUR 45.8 million (US $50 million) loan for the Armenia Governance Development Policy Operation (DPO), a budget support operation, the press office of the World Bank reports

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WB: some 48% of adult population of Armenia had bank accounts in 2018

05.04.2019 20:57

WB: some 48% of adult population of Armenia had bank accounts in 2018

YEREVAN, April 5. /ARKA /. Economic growth in the Europe and Central Asia region slowed to 3.1% in 2018, and is projected to decline to 2.1% in 2019, amid slowing global growth and uncertain prospects, according to the World Bank’s Economic Update for Europe and Central Asia, released today. Growth in countries across the region […]

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WB and IMF experts to assess Armenian banking sector’s stability

24.05.2018 13:19

WB and IMF experts to assess Armenian banking sector’s stability

The World Bank and the International Monetary Fund experts are conducting an assessment of the Armenian banking system’s financial stability, Arthur Javadyan, the central bank chairman, said Wednesday in the National Assembly

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Armenian central bank head off to Washington for IMF and WB meeting

12.10.2017 17:33

Armenian central bank head off to Washington for IMF and WB meeting

The chairman of the Central Bank of Armenia Artur Javadyan has left for Washington, USA, to participate in the annual meeting of the Directors of the International Monetary Fund and the World Bank, the press service of the Armenian Central Bank reported

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Central bank issues commemorative coin dedicated to 25th anniversary of Armenia’s membership in WB and IMF

15.05.2017 17:14

Central bank issues commemorative coin dedicated to 25th anniversary of Armenia’s membership in WB and IMF

The Central Bank of Armenia issued a commemorative coin dedicated to the 25th anniversary of the country’s membership in the World Bank and the International Monetary Fund

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WB downgrades 2015 Armenia economy growth forecast

14.01.2015 17:36

WB downgrades 2015 Armenia economy growth forecast

The World Bank is currently projecting a 3.3% economic growth for Armenia for 2015 as compared to 5% before, according to WB’s Global Economic Prospects report released this January

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WB invested about $2 billion in Armenia’s economy in more than 20 years - minister

16.10.2014 12:01

WB invested about $2 billion in Armenia’s economy in more than 20 years - minister

YEREVAN, October 16. /ARKA/. World Bank’s investments in the Armenian economy in more than 20 years totaled about $2 billion, Armenia’s minister of economy Karen Chshmarityan told reporters on Wednesday. Funds were spent mainly on structural and institutional reforms to boost economic development and form market economy, the minister said. During implementation, improvement of living […]

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EDB and WB to implement irrigation modernization and institutional capacity building project in Armenia

05.12.2013 19:30

EDB and WB to implement irrigation modernization and institutional capacity building project in Armenia

The Eurasian Development Bank (EDB) serving as the Trustee for the Anti-Crisis Fund of the Eurasian Economic Community (ACF) and the World Bank signed December 4 a cooperation agreement to support the preparation and implementation of the “Irrigation Modernization and Institutional Capacity

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Issuing eurobonds great achievement for Armenia: WB

20.11.2013 14:22

Issuing eurobonds great achievement for Armenia: WB

Armenia’s issue of Eurobonds and coming to international capital market is a great achievement, World Bank regional director for the South Caucasus Henry Kerali said

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