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Official News

Friday, 12 April 2019

Armenian Delegation’s Meetings Continue in Washington

On April 11, accompanied by RA Central Bank Chairman Artur Javadyan, Deputy Prime Minister Mher Grigoryan, who is paying a working visit to the United States, met with IMF Managing Director Tao Zhang and IMF Middle East and Central Asia Regional Director Jihad Azour. On April 12, Mher Grigoryan met with IMF Dutch Sub-Group Executive Director Anthony De Lannoy and IMF Executive Director Richard Doornbosch.

During the meetings, the Deputy Prime Minister highlighted the IFM-supported programs in Armenia and expressed the hope that the ongoing cooperation would be stepped up through joint efforts. The interlocutors touched upon the tax reforms to be implemented in Armenia, exchanged views on the efforts aimed developing the capital market.

Introducing the Government’s priorities, the Deputy Prime Minister emphasized the importance of doing joint work with Armenia’s development partners. On April 12, Mher Grigoryan met with European Investment Bank Vice President Vazil Hudak.

The Deputy Prime Minister appreciated the ever-growing cooperation with the European Investment Bank and highlighted EIB’s consulting support, which helps make programs more targeted and develop professional capacity. Mher Grigoryan is hopeful that the EIB will be actively engaged in direct investments in the private sector, which may contribute to the development of a modern business culture and business transparency in the country.

The parties next discussed the development of cooperation between Armenia and EIB in new areas, including water management and energy efficiency. Both sides stressed the importance of the Bank’s future portfolio for Armenia, which will make it possible to develop proposals for new projects and consider cooperation prospects.

October 2019