ArmInfo. The creation of the North-South road corridor for will be of double importance for  Armenia, Alexander Zaboev, head of the Center for Integration Studies of the Eurasian Development Bank (EDB), said this on the sidelines of the EDB Annual Meeting and Business Forum in Almaty in an interview  with ArmInfo.

ArmInfo.There is no progress in the project to build a new Yerevan metro station. Senior Managing  Director of the Eurasian Development Bank (EDB) Denis Ilyin stated this on the sidelines of the annual meeting and business forum of the EDB in a conversation with correspondents of ArmInfo and Sputnik-Armenia. According to him, the EDB has provided everything it can give to this project in terms of a grant mechanism and loans. 

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ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.The Eurasian Development Bank (EDB) could and would like to invest projects in Armenia totaling $500 million over the next three years, from 2024 to 2026.  Senior Managing Director of the Eurasian Development Bank Denis Ilyin stated this on the sidelines of the EDB Annual Meeting and Business Forum in a conversation with ArmInfo and Sputnik-Armenia correspondents on June 27, touching on the prospects for revising the  Bank's country strategy for Armenia.

ArmInfo.Moody's Ratings has today upgraded ID Bank CJSC's (IDBank) long-term local and foreign currency bank deposit ratings to Ba3 from B1 and maintained the stable outlook.

ArmInfo.The growth of economic activity in Armenia has slowed sharply. Experts from the Luys  Foundation came to this conclusion after analyzing the socio-economic development of the RA economy in January-May 2024.

ArmInfo. Development of the Amulsar gold mine in Armenia may begin in the spring of 2025 if all  remaining issues are agreed upon. Senior Managing Director of the Eurasian Development Bank Denis Ilyin stated this on the sidelines of the EDB Annual Meeting and Business Forum in a conversation with  ArmInfo and Sputnik-Armenia correspondents on June 27, noting the corresponding question.

ArmInfo. The Eurasian Development Bank (EDB) is open and will be happy to work to attract  new shareholders, including Turkey. Chairman of the Board of the Eurasian Development Bank (EDB) Nikolai Podguzov stated this on June 27 in Almaty within the framework of the EDB Annual Meeting and  Business Forum in a conversation with journalists to clarify how things stand in the matter of cooperation with Turkiye.

ArmInfo.The Eurasian Development Bank (EDB) presented a report on the Eurasian Transport Framework. The  presentation took place as part of the bank's annual meeting and business forum taking place in Almaty.

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ArmInfo.If Azerbaijan expresses a desire to join the Eurasian Development Bank (EDB), the Bank is  ready to consider this application. Chairman of the Board of the Eurasian Development Bank (EDB) Nikolai Podguzov stated this on June 27 in Almaty, within the framework of the Annual Meeting and Business  Forum of the EDB, in a conversation with journalists to clarify how the cooperation of the Bank and the bank's member countries with Azerbaijan is progressing and what are the prospects for joining Azerbaijan to this bank.

ArmInfo.Over the past two years, the EDB's portfolio in Armenia has grown several times, increasing by $150-200 million. Chairman of the Board of the Eurasian Development Bank (EDB) Nikolai Podguzov stated this on June 27 in Almaty within the framework of the Annual Meeting and Business Forum of the EDB in a conversation with journalists, touching on the Bank's new projects in Armenia and the prospects for the Republic's  participation in the Eurasian Transport Framework project.

ArmInfo.A ceremony was held in Almaty to sign a Letter of Intent between the Eurasian Development  Bank (EDB), the World Food Program (WFP) and the Yeremyan Project company to implement the Milk to Schools project in Armenia. The document was signed on June 27 in Almaty as part of the EDB Annual  Meeting and Business Forum.

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ArmInfo.

ArmInfo.At a meeting on June 27, the Government of Armenia introduced changes to the program to  ensure affordable housing for residents of the country's border regions.

ArmInfo. Armenian farmers who took advantage of government assistance programs and suffered as a result of severe flooding that occurred on May 25-26 in the Tavush and Lori regions will receive assistance from the RA government in the form of deferred payments on borrowed loans. The decision on this was made at a Cabinet meeting on June 27.