ADB
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Asian Development Bank Loan Agreement and Government’s Ineffective Policies
The government, during its November 15 session, approved the draft law on ratifying the loan agreement titled “Program for Fiscal Stability and Financial Markets Development – Subprogram 2” between Armenia and the Asian Development Bank (ADB). According to the justification,…
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Loan Agreement Signed Between Armenia and Asian Development Bank
Armenia’s Minister of Finance, Vahe Hovhannisyan, has signed a loan agreement with the Asian Development Bank (ADB) for the “Fiscal Stability and Financial Markets Development Program-Subprogram 2.” The agreement provides a budget support loan of approximately €89.5 million aimed at…