Ministry of Finance of the Republic of Armenia

07/22/2025 | Press release | Distributed by Public on 07/23/2025 01:57

The RA Minister of Finance, Vahe Hovhannisyan Met with Representatives of the Joint Mission of the Asian Development Bank (ADB) and the French Development Agency

The RA Minister of Finance, Vahe Hovhannisyan Met with Representatives of the Joint Mission of the Asian Development Bank (ADB) and the French Development Agency

The RA Minister of Finance, Vahe Hovhannisyan met with representatives of the joint mission of the Asian Development Bank (ADB) and the French Development Agency.

During the meeting, the parties discussed the possible directions of reforms of the upcoming budget support program.

Minister Hovhannisyan referred to the main challenges of the previous programs and the results recorded in the RA state administration system due to the latter, describing them as important incentives for progress.

The parties also discussed the current program implemented with ADB and FDA funds, appreciating the joint efforts of the RA and the mentioned international financial organizations in the direction of completing the measures.

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