Friday, April 17 2026 17:49
Alina Hovhannisyan

Deputy Finance Minister outlines Armenia`s priorities for upcoming  COP17 at  CFMCA meeting

Deputy Finance Minister outlines Armenia`s priorities for upcoming  COP17 at  CFMCA meeting

ArmInfo.Edgar Mkrtchyan, Deputy Minister of Finance of of Armenia participated in a series of high-level discussions and events as part of the 2026 Spring Meetings of the World Bank (WB) and the International Monetary Fund (IMF).

During the annual IMF-WB Constituency Meeting, participants discussed  global and regional financial and economic trends, the current  agendas and future priorities of both institutions, alongside  organizational matters for the group's future activities.

At the International Human Capital Forum, participants discussed  existing challenges and considered possible policy solutions to  improve the situation. A key focus was the introduction of new World  Bank Group tools, including the Expanded Human Capital Index (HCI+). 

At the 15th meeting of the Coalition of Finance Ministers for Climate  Action (CFMCA), opportunities for transitioning to a green and  sustainable economy were discussed. The Deputy Minister of Finance of  the Republic of Armenia delivered a speech on Armenia's transition  toward a green and resilient economy. He specifically highlighted  Armenia's priorities for the 17th Conference of the Parties to the  Convention on Biological Diversity (COP17), which is scheduled to  take place in Yerevan in October 2026. During the discussion of  regional economic prospects for the Middle East and Central Asia,  views were exchanged on current regional processes and the importance  of continuing constructive policy dialogue was emphasized.

According to the press service of the Ministry of Finance, Edgar  Mkrtchyan also held effective discussions with the World Bank Vice  President for Europe and Central Asia, the Executive Directors of the  World Bank Group and the International Monetary Fund, as well as the  leadership of the IMF's Middle East and Central Asia Department.  These talks centered on Armenia's latest macroeconomic trends and the  "Crossroads of Peace" initiative-a strategic platform aimed at  enhancing regional connectivity, expanding economic cooperation, and  fostering sustainable development through joint infrastructure and  policy programs.