Monday, October 17 2016 13:53
Alina Hovhannisyan

ADB to keep implementing programs in Armenia in the format suggested by new head of Armenian State Water Committee

ADB to keep implementing programs in Armenia in the format suggested by new head of Armenian State Water Committee

ArmInfo. Armenia highly appreciates the cooperation with Asian Development Bank (ADB), Arsen Harutyunyan, newly-appointed head of the Armenian State Water Committee, said at today's meeting with Mr. Cesar Emilio Llorens Alvarez, ADB Deputy Country Director for Armenia. The sides discussed the course of the current programs, and outlined new landmarks for promotion of further cooperation.       

The press office of the State Committee has told ArmInfo that Harutyunyan suggested new approaches to enhancement of the Committee's activities. "The program implementation offices will have specialists who will systematize the work with certain international structures, which will be in direct and constant touch with them to prevent possible additional complications," he said.

For his part, the ADB representative welcomed Harutyunyan's approach and expressed the ADB's willingness to carry out the loan program in 2018 in the new format. Cesar Llorens Alvarez also congratulated Harutyunyan on his appointment and expressed hope for further effective cooperation.  

Director General of Armwatercanal Patrick Laurin was also present at the meeting. He presented the ongoing feasibility study in Ararat and Armavir provinces. He said the findings will determine the further projects aimed at improving the water supply system in specified areas.  

To note, Armenia joined the ADB in 2005. Under ADB's country partnership strategy for 2014-2018, Armenia will receive about $500 million financial assistance to develop infrastructures, energy and social services that will ensure flexible, comprehensive and sustainable development of the country.

According to the National Statistical Service of Armenia, in Jan-Aug 2016 the country's revenues from water supply and waste management grew by 7% versus Jan-Aug 2015 and totaled 14.5 bln AMD (up 6.4% to 2 bln AMD).


News


Exchange rates
22.10.2020
RUB6.420.01
USD494.31-0.06
EUR584.77-0.71
GBP647.001.65
CAD375.87-1.25
JPY47.190.06
CNY74.270.24
CHF544.93-1.58



Government Bonds

Issue volume

10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

Volume of satisfied bids

200 million

Yield at cut-off price

 5.8314%

Maximum yield

 5.8314%

Мinimum yield

 5.8314%

Weighted average yield

 5.8314%

Number of participants

2

The maturity date of T-bills

03.02.2020

ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000