ArmInfo. The construction of an industrial-scale solar power plant, Mets Masrik, in Armenia is  nearing completion. This was stated on February 28 from the rostrum of parliament by Chairman of the Public Services Regulatory Commission, Garegin Baghramyan, whose candidacy was again nominated  by the RA government for the post of head of the PSRC.

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ArmInfo. On September 13, Deputy Prime Minister of Armenia Mher Grigoryan received World Bank  Regional Director for the South Caucasus Rolande Pryce.  The meeting was also attended by head of the Armenian office of the World Bank, Carolin Geginat , and International Finance Corporation (IFC)  Regional Manager for the South Caucasus,  Ivana Duarte .

ArmInfo. "Mets Masrik" LLC will receive a license for electricity production at "Arev" solar power  plant. The decision to issue a license was made at the July 19 session of the Public Services Regulatory Commission (PSRC).

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ArmInfo.Armenia's Minister of FinanceVahe Hovhannisyan hosted on March 20, Ms Rana Karadsheh,  Regional Director, International Finance Corporation (IFC), Mr Sebastian Molineus, World Bank Regional Director for the South  Caucasus, Ms appointed Ivana Fernandes Duarte, IFC Regional Manager for the South Caucasus, and Ms Carolin Geginat, Ms Country Manager Armenia. 

ArmInfo.IFC and Amundi-Acba Asset Management unveiled a new partnership today to catalyze private sector investment in infrastructure projects, and support job creation and economic growth in Armenia.

ArmInfo.To help smaller businesses in Armenia thrive, IFC is providing a new $15 million loan to Evocabank, that will help support growth and job creation amid the lingering impacts of COVID-19.

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ArmInfo. At the meeting on June 30, the Government of Armenia nominated lawyer Seda Safaryan for the position of judge of the Constitutional Court.

ArmInfo.To improve access to high-speed internet and support a strong digital economy in Armenia, Team Telecom Armenia raised a total of $45 million from international financial institutions, IFC and EBRD, and Ameriabank. Team Telecom Armenia will direct this funding for the construction of the region's best 25 Gb/s Next Generation Network in cities and villages of Armenia.

ArmInfo. Given the challenges of the COVID-19 pandemic, foreign direct investment (FDI) in Armenia’s pharma sector can play a catalytic role in stimulating the economy, contributing to a resilient and accessible health care system, reveals a new report produced by IFC in partnership with the UK’s Good Governance Fund. Attracting FDI will also help the country create jobs, improve market competitiveness, and boost exports.

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ArmInfo. Ameriabank CJSC has been named the Best Issuing Bank in the Caucasus for 2021 by International Financial Corporation (IFC), a member of the World Bank Group, in the 10^th annual award ceremony in the area of trade finance.    

ArmInfo.The International Finance Corporation (IFC) is discussing the formats of its possible participation in the reforms planned by Armenia`s government, IFC  Regional Manager Ivana Fernandes Duarte stated at her meeting with  Armenia`s Minister of Finance Tigran Khachatryan.

ArmInfo.On November 24, 2021, the Central Bank of Armenia (CBA) became a member of the reputable international Sustainable Banking and Financial Network (SBFN), the CBA press service reports.

ArmInfo. The Public Services Regulatory Commission of Armenia (PSRC) gave its positive opinion on the transfer of 100% of shares of Electric Networks of  Armenia (ENA) CJSC, owned by Liormand Holding Ltd (30%), Tashir  Capital CJSC (70 %) in favor of the European Bank for Reconstruction  and Development (EBRD), the Asian Development Bank (ADB) and the  International Finance Corporation (IFC).

ArmInfo. Carolin Geginat is the Country Manager of the World Bank (WB) for Armenia as of July 1, 2021. This is stated in the message of the WB.

ArmInfo.IFC has appointed Ivana Fernandes Duarte as its new Regional Manager for the South Caucasus. Based in Tbilisi, she will be overseeing operations in Armenia, Azerbaijan, and Georgia. 

ArmInfo. The Armenian government and the International Finance Corporation (IFC) discussed the prospects for developing cooperation in the field of high  technologies, energy and digitalization.