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Madrid

RA Deputy Minister of Finance participated in the 2024 Annual Meetings of the Boards of Governors of the IMF/WB


The 2024 annual meetings of the International Monetary Fund and the World Bank, which brought together the leaders of the economic sphere of various states, international organizations and high-ranking representatives of financial and economic structures, have ended.

IMF/WB annual meetings are an effective platform not only for sharing experience and discussing global issues, but also for establishing new collaborations and partnerships. the Ministry of Finance informs. As a substitute for the RA Governor in the IMF/WB Board of Governors, RA Deputy Finance Minister Eduard Hakobyan had separate meetings with WB Vice President Antonella Bassani, IMF Deputy Managing Director Bo Lee, other high-ranking IMF and WB officials, partners of foreign countries and other representatives of the financial sector.

During the meetings, the deputy minister referred to the economic development strategies of Armenia, presented the development vision and goals. Global financial challenges, means and opportunities for ensuring economic stability were also discussed during the meetings.

Eduard Hakobyan also presented the socio-economic situation of Armenia, the rate of economic growth and the process of implementation of reforms. The importance of promoting investments, increasing competitiveness in global markets and strengthening social programs was emphasized. During the meetings, Eduard Hakobyan also referred to the support of international financial organizations to the development processes of Armenia.