ArmInfo.Armenia is a country of great opportunities. Philip Rose, Executive Director at Asian Development Bank (ADB) for Austria, Germany, Turkey, Luxembourg and UK, stated this during a meeting with Armenian Finance Minister Tigran Khachatryan.
In particular, emphasizing the long-term cooperation with the RA government, he stated that the Asian Development Bank is ready to provide continuous assistance in the implementation of programs in Armenia.
As stated in the message of the Ministry of Finance on Facebook, during the meeting the parties discussed issues related to the development of the private sector, public investment, public infrastructure programs, as well as current technical assistance measures.
The Asian Development Bank (ADB) has been working with Armenia since 2005. As of the beginning of March 2022, the Bank provided about $ 1.6 billion in loans and technical assistance grants to Armenia for the development of transport, finance, energy, water, infrastructure and other sectors.
