Thursday, July 12 2018 20:24
Alina Hovhannisyan

ADB presented in Armenia a new program of financial support for  implementation of disaster risk insurance

ADB presented in Armenia a new program of financial support for  implementation of disaster risk insurance

ArmInfo.The Ministry of  Territorial Administration and Development of the Republic of Armenia  discussed the possibilities for the implementation of the new program  of financial support for the implementation of disaster risk  insurance by the Asian Development Bank (ADB). As the press service  of the agency reports, the program consists of a number of  components:  the development of a policy for forecasting natural  disasters; improvement of infrastructures; management of risks.

According to the source, the Deputy Minister of Territorial  Administration and Development David Gevorgyan and the Chief  Specialist of the Department of Finance, Trade and Public  Administration in Central and Eastern Asia ADB Peter Maro took part  in the discussions.

The Deputy Minister noted that Armenia is interested in this  proposal, namely in the introduction of advanced experience in  disaster risk insurance. In his turn, the representative of ADB  expressed hope that this meeting will become the start of the  introduction of changes in this sphere of Armenia.

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