#FINANCING
EDB predicts completion of refinancing rate reduction cycle in Armenia
The Eurasian Development Bank (EDB) expects that the cycle of reducing the refinancing rate in Armenia has concluded, following the stabilization of inflation within the target range set by the Central Bank of Armenia (3±1%).Cutting refinancing rate by Central Bank will contribute to increased lending to economy - Freedom Broker Armenia
Hovak Hovakimyan, CEO of Freedom Broker Armenia, has hailed today the Central Bank for cutting the refinancing rate by 0.25 p.p. to 9.75%, saying the move will trigger a rise in lending to economy and a growth of money supply.EEU will be able to invest $1 billion in industrial cooperation projects in 5 years - Minister Kamalyan
A set of amendments to the Treaty on the Eurasian Economic Union (EEU) approved by the heads of member states at a May 25 meeting of the Supreme Eurasian Economic Council, the Eurasian Economic Commission (EEC, the executive arm of EEU) has received new powers in the EEU's budget concessional financing of multilateral integration projects in manufacturing industry, said Artak Kamalyan, EEC Minister in charge of Industry and Agriculture, when he met with members of the Belarusian Chamber of Commerce and Industry, stakeholder enterprises and public authorities of Belarus.Armenian government allocates 1.45 billion drams for subvention projects in regions
The Armenian government on Thursday approved the releases of about 1.5 billion drams for co-financing of a string of subvention projects implemented in eight provinces of the country- Ararat, Armavir, Gegharkunik, Lori, Kotayk, Shirak, Vayots Dzor and Tavush in 2021 and 2022.EDB financed projects worth about $100 million in Armenia in 2022 – Kerobyan
Шn 2022, the Eurasian Development Bank (EDB) financed private projects in Armenia worth about $100 million, Economy Minister Vahan Kerobyan said on Monday, presenting a report on progress and results of the government plan of actions designed for 2021-2026 with the focus on the past year to the parliamentary committee on regional and Eurasian integration,News 1 - 20 of 91
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