Tuesday, February 25 2020 20:46
Alexandr Avanesov

Deputy Prime Minister: IFC implants a culture that is in line with  industry strategies developed by the Armenian government

Deputy Prime Minister: IFC implants a culture that is in line with  industry strategies developed by the Armenian government

ArmInfo. On February 25, Deputy Prime Minister Mher Grigoryan received a delegation led by Regional Vice President of the International Finance Corporation  (IFC) Georgina Baker.

According to the press service of the government, welcoming the  guests, the Deputy Prime Minister noted that he appreciates and  attaches great importance to cooperation with IFC and the role of the  structure in the development of the private sector in Armenia.  According to Grigoryan, the International Finance Corporation  implants a culture that is in line with industry strategies developed  by the RA government. The Deputy Prime Minister emphasized that  cooperation with the International Finance Corporation enhances  business transparency and allows it to properly develop the basic  principles of entrepreneurship.  Georgina Baker thanked the Deputy  Prime Minister for the reception and noted that this is her first  visit to Armenia as the IFC Regional Vice President, during which she  personally familiarized herself with the current state of the  Armenian economy in order to understand the possible participation of  the structure in the planned government reforms. Baker congratulated  the Armenian government on the significant economic growth in the  country and expressed satisfaction with the achievements, in  particular, in the tourism sector.

At the guest's request, the Deputy Prime Minister outlined the main  areas in which there are wide opportunities for cooperation with IFC.  Mher Grigoryan highlighted the development of the capital market,  private sector projects, alternative energy, public-private  partnerships, the development of small and medium-sized businesses  and the high-tech sector.

The interlocutors mutually confirmed the huge potential for the  development of Armenian startups, as well as the implementation of  possible projects in various fields and the prospects for IFC to  participate in them. 

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