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Prime Minister Nikol Pashinyan received today a delegation led by Francis Malige, Managing Director for Eastern Europe and the Caucasus of the European Bank for Reconstruction and Development (EBRD).

Stressing the importance of the government-EBRD cooperation, Pashinyan highlighted the bank’s considerable involvement in the Armenian economy, the prime minister’s office said in a statement.

“We are keen to develop cooperation and successfully implement all the proposed programs,” the PM said, stressing the need for joint efforts to implement the projects more efficiently, avoiding all possible corruption risks. In this context, Pashinyan added that one of the priorities of the new government of Armenia is the fight against corruption, and it is important to increase the effectiveness of loans. 

Francis Malige noted that Armenia is one of the EBRD’s most important partners, and the bank is ready for close cooperation with the new Armenian government.

Highlighting Prime Minister Pashinyan’s remarks, the EBRD regional director noted that the bank is interested in expanding its activities in our country. Mr. Malige advised that the delegation of EBRD Board of Directors will be visiting Armenia this fall, which will be a good opportunity to discuss issues related to the development and expansion of bilateral cooperation.

The officials referred to the current strategy of EBRD-Armenia partnership, touching upon the programs implemented in both public and private formats.