• $ 1.7
  • € 1.9697
  • ₽ 0.0208
  • ₺ 0.0419
  • £ 2.2692

Armenia secures substantial financial support from France

Armenia secures substantial financial support from France
08.08.2024 15:26
The Armenian government has approved a loan agreement signed with the French Development Agency, under which the country will receive a loan of €75 million, Armenian Finance Minister Vage Hovhannisyan said during a government meeting.

According to the information , which cites the Armenian media, the program consists of three main components: improving the public finance management system, strengthening the foundation for issuing and managing government securities and money market infrastructure, and developing new tools for financing entrepreneurial activities and ensuring more transparent management.

According to Hovhannisyan, the mentioned components include reform directions such as increasing the efficiency of budget planning, risk management, developing green economy policies, and expanding the use of green financial instruments.





www.anews.az
Similar news
Similar news
Yerevan seeks closer ties with Washington in energy and defense
World 17:30
Yerevan seeks closer ties with Washington in energy and defense
Erdogan awards Kazakhstan’s Tokayev Turkey’s highest state order
World 12:29
Erdogan awards Kazakhstan’s Tokayev Turkey’s highest state order
Powerful earthquake off Kamchatka triggers tsunami warnings in Japan, U.S., and Kuril Islands
World 12:00
Powerful earthquake off Kamchatka triggers tsunami warnings in Japan, U.S., and Kuril Islands
Kadyrov responds to rumours of hospitalization in Turkey
World 11:00
Kadyrov responds to rumours of hospitalization in Turkey
Ukraine hit by new wave of Russian drone attacks, air raid alerts declared across regions
World 10:30
Ukraine hit by new wave of Russian drone attacks, air raid alerts declared across regions
Trump says Melania likes Putin
World 10:00
Trump says Melania likes Putin
U.S. approves HIV prevention drug with six-month protection
World 18:00
U.S. approves HIV prevention drug with six-month protection
Zelenskiy boosts powers and personnel of Ukraine’s security service
World 17:30
Zelenskiy boosts powers and personnel of Ukraine’s security service
Turkey detains 21 in new anti-corruption sweep linked to Istanbul municipality
World 17:00
Turkey detains 21 in new anti-corruption sweep linked to Istanbul municipality
Anews TV

Our official Youtube channel

Subscribe