On September 6, 2021, Minister of Economy Vahan Qerobyan met with World Bank Regional Director for South Caucasus Sebastian Molineus and newly appointed Country Manager of the World Bank in Armenia, Carolin Geginat.
On July 2nd, 2021, the European Commission has announced that they will allocate $1.9 billion (1.6 billion euros) to Armenia in the next 5 years.
Armenia's largest Utility-Scale Solar Power Plant is well underway after a financial agreement has been reached between Fotowatio Renewable Ventures (FRV), International Finance Corporation (IFC), a member of the World Bank Group, the European Bank for Reconstruction and Development (EBRD),…