Heads of Central Banks of member countries of Dutch-Belgian IMF Group and World Bank met with President of Armenia and Chairman of Central Bank of Armenia in Yerevan

ArmInfo. On June 9, the Heads of  the Central Banks of the member countries of the Dutch-Belgian IMF-WB  Group and the President of Armenia Serzh Sargsyan and Chairman of the  Central Bank of the Republic of Armenia Artur Javadyan met in Yerevan  on June 9. As the press service of the Central Bank told ArmInfo, A.  Javadyan expressed special gratitude to the head of the National Bank  of Croatia, Boris Voichich, for assistance in holding this annual  meeting in Armenia. It should be noted that Croatia lost the  opportunity to hold this meeting in Armenia in connection with the  anniversary date of partnership.

A. Javadyan, paying attention to the 25-year effective cooperation of  Armenia with the IMF and WB, stressed the importance of the role of  these institutions in the development of the Armenian economy, and  highly appreciated the assistance they provided in carrying out  reforms.

The Chairman of the Armenian CB noted that the annual meetings of the  heads of the Central Banks of the member countries of the  Dutch-Belgian group of the IMF and the World Bank have been and  remain one of the best platforms for exchanging new ideas and  discussing current projects. Within the framework of the Yerevan  meeting, discussions of current economic issues are envisaged.

President Serzh Sargsyan underlined that serious reforms are  envisaged for long-term development of Armenia, he expressed  confidence in continuing close and effective cooperation with the IMF  and the World Bank. Representatives of the Dutch-Belgian group for  their part expressed their readiness to continue joint work with the  prospect of reaching new achievements.

To note, the members of the Dutch group at the IMF and the Belgian  group with the World Bank are Bulgaria, Israel, Luxembourg, Romania,  Ukraine, Belgium, Armenia, Bosnia and Herzegovina, Croatia, Cyprus,  Georgia, Macedonia, Moldova, Montenegro, the Netherlands. Menno Snel,  who represents the interests of the member countries in the Executive  Council of the IMF, heads the group. The meetings of this group  involve high-level officials and leading experts of the global  financial system.