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Economy
Armenian Parliament approves $200 million loan agreement with EFSD for Kajaran tunnel construction
On Wednesday, the Armenian parliament approved a $200 million loan agreement with the Eurasian Fund for Stabilization and Development (EFSD) for the construction of the Kajaran road tunnel in the Syunik region of Armenia.
04.12.2024, 15:22
Economy
EFSD and Armenian Ministry of Territorial Administration to assess condition of flood-damaged bridges in Lori and Tavush
The Eurasian Fund for Stabilisation and Development (EFSD) and the Armenian Ministry of Territorial Administration and Infrastructure are starting to assess the condition of bridges damaged by the May floods in Lori and Tavush marzes (provinces) of Armenia.
04.12.2024, 10:49
Economy
Armenian Parliament considers transforming EFSD into independent structure
The Armenian parliament committee on financial and budgetary affairs has considered the issue of transforming the Eurasian Fund for Stabilisation and Development (EFSD) into a fully independent international organisation.
25.11.2024, 17:28
Economy
EFSD to provide Armenia with $100 million loan to finance country's state budget deficit
The Armenian parliament approved the government’s blueprint to receive a $100 million loan from the Eurasian Fund for Stabilization and Development (EFSD) at a session on Thursday.
24.10.2024, 13:07
Economy
Armenian government approves $200m loan for Kajaran Tunnel construction
The construction is expected to take about six years to complete.
15.08.2024, 15:44
Economy
EFSD: Armenia secures $527 Million in sovereign financing for H1 2024
Armenia received $527 million in approved sovereign financing from international financial organizations and development agencies in the first half of 2024, a report by the Eurasian Fund for Stabilization and Development (EFSD) revealed on Wednesday.
07.08.2024, 17:35
Economy
EFSD to provide $100m loan to Armenia as budget support
The Armenian government on Thursday approved a draft agreement on a $100 million loan from the Eurasian Fund for Stabilisation and Development (EFSD) to cover the budget deficit in 2024.
25.07.2024, 15:28
Economy
EFSD holds a workshop on procurement and financial management in project implementation in Yerevan
The Eurasian Fund for Stabilization and Development (EFSD) conducted a workshop on efficient procurement and financial management in project implementation in Armenia, EFSD said in a press release.
19.07.2024, 17:21
Economy
EFSD concludes consultation on mid-term review of 2022-26 strategies
Сonsultations involved representatives from the ministries of finance, relevant agencies, and government organizations
26.06.2024, 11:16
Business
Eurasian Fund for Stabilization and Development presents new environmental and social policy project
The Eurasian Fund for Stabilization and Development (EFSD) has developed draft Environmental and Social Policy (ESP) and operational procedures for its implementation
05.06.2024, 15:27
Society
Armenia values the contribution of the EFSD in promoting the stable functioning of the health care system
A delegation of the Eurasian Fund for Stabilisation and Development (EFSD) discussed with representatives of the Ministry of Health the implementation of socially important grant projects in the country.
24.05.2024, 12:49
Society
Armenia receives $3 million grant from EFSD to expand capacity to fight infectious diseases
Armenia is working to expand its capacity to control and combat infectious diseases with a $3 million grant from the Eurasian Fund for Stabilization and Development (EFSD).
22.05.2024, 07:05
Economy
Armenia to loan $100m from Eurasian Fund for Stabilization and Development
Armenia’s Minister of Finance Vahe Hovhannisyan met with Andrey Shirokov, the Managing Director of the Eurasian Fund for Stabilization and Development, the Ministry reported on Monday.
20.05.2024, 18:14
Economy
Eurasian Fund for Stabilization and Development to provide Armenia with $100 million to support economic reforms
The Board of the Eurasian Fund for Stabilization and Development (EFSD) on May 6, 2024 decided to provide the Republic of Armenia with $100 million in funding to support economic reforms.
07.05.2024, 12:27
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Reforms aimed at diversifying exports, improving the business environment, strengthening governance, and advancing climate policy implementation are crucial for boosting economic resilience and increasing potential growth, said IMF Deputy Managing Director and Acting Chairman Bo Li.
IMF outlines measures to boost Armenia's economic resilience and growth
