ArmInfo. Armenian Finance Minister Vahe Hovhannisyan received a delegation led by Nikolay Podguzov, Chairman of the Management Board of the Eurasian Development Bank (EDB).
According to the press service of the RA Ministry of Finance, the parties discussed the current state and prospects for developing cooperation between the Republic of Armenia and the EDB, emphasizing the importance of strengthening this collaboration. It was noted that in 2023-2025, the Bank implemented 24 successful projects in Armenia, significantly stimulating the development of various sectors, particularly economic activity in the private sector. At the conclusion of the meeting, an agreement was signed between the Ministry of Finance of the Republic of Armenia and the Eurasian Development Bank (EDB) on "Provision of Technical Assistance," aimed at strengthening the public-private partnership (PPP) sector management system of government agencies and enhancing the professional skills of staff in line with international best practices.
The program envisages assessing gaps in the institutional environment, developing optimal sector management and financial structure models, as well as targeted training and international APMG certification. The agreement also provides for the technical and infrastructural upgrade of Armenia's PPP Center, making it a one-stop shop for efficient investment processes. The parties expressed their willingness to continue effective cooperation and implement new initiatives and joint projects.
