20 Jul 2025
Armenian parliament holds special session on loan agreements
The National Assembly of Armenia held an emergency session on Friday to debate ratification of loan agreements with the French Development Agency and the Asian Development Bank (ADB).
“It’s part of the same program on fiscal sustainability and financial markets development supported by two donor agencies,” Deputy Minister of Finance Vahe Hovhannisyan told lawmakers.
Armenia signed $100 million and €100 million loan agreements with the Asian Development Bank and the French Development Agency on November 17, respectively.
The deputy minister noted that the funds would be used to finance the 2022 state budget deficit as well as to cover planned expenditures.
The loans will be repaid within 12 years.
Latest news
Latest newsThe US and the Transport Corridor Through Armenia: A New Geopolitical Chess Game in the South Caucasus
16.Jul.2025
Azerbaijan Initially Advocated for Direct Negotiations Without Mediators – Expert
15.Jul.2025
A Turning Point for the South Caucasus: Pashinyan and Aliyev Prepare for Critical Talks in Abu Dhabi
10.Jul.2025
The War Without an Exit: Russia's Stalemate in Ukraine
09.Jul.2025
President of Armenia Vahagn Khachaturyan: “We need peace — this is a new chapter in history”
08.Jul.2025
An Alliance Without Illusions: Why Russia Needs Azerbaijan
07.Jul.2025
Russia’s Economy Slips into Stagnation — Recession on the Horizon
05.Jul.2025
Massive Attack on Ukraine Follows Putin–Trump Call
04.Jul.2025
Georgian Parliament Strips Mandates from 12 MPs of Gakharia’s Party and Suspends Its Funding
02.Jul.2025
Scorched Earth Tactics: Why Is Russia Attacking Huliaipole?
02.Jul.2025