Armenian Deputy PM and EBRD Vice President discuss upcoming projects in private and public sectors

YEREVAN, December 16. /ARKA/. Deputy Prime Minister of Armenia Mher Grigoryan received on Monday a delegation led by Mark Bowman, EBRD Vice President for Policy and Partnerships, who have arrived in Armenia as part of a regional visit, government's press service reported.

The purpose of the trip is to discuss upcoming projects in both the private but also public sectors. Discussions on financial resilience, policy reform and the preparation for the Bank’s upcoming new country strategies are also on the agenda. 

During the meeting the sides discussed the course of programs implemented in Armenia jointly with the EBRD.

The Deputy Prime Minister attached a special importance to cooperation between the EBRD and Armenia's private sector, highlighting the importance of it from the viewpoint of development of entrepreneurship culture and transparency of business.

The interlocutors exchanged also views on cooperation in the development of infrastructures, particularly in such areas as road construction and energy. They also touched upon the role of EBRD in the development of stock market.

The EBRD delegation will also have meetings with diplomats, international development partners, leaders of the business community and the Bank’s existing partners. The team will also visit the Central Bank of Armenia to meet the Governor and his Deputy.

Since the start of its operations in Armenia in 1992, the EBRD has invested more than €2 billion in 204 projects in financial, corporate, infrastructure and energy sectors, with the majority of these investments in the private sector. -0-