EFSD and the Finance Ministry of Armenia reviewed progress with the Fund on its projects portfolio
The Eurasian Fund for Stabilization and Development (EFSD) and the Republic of Armenia reviewed the Fund projects portfolio in the country. The meeting was held in order to enhance effectiveness of projects implementation and to maintain its high quality. The participants discussed progress in implementation of active projects and preparation of the new ones
Yerevan, Moscow, August 15, 2023. The Eurasian Fund for Stabilization and Development (EFSD) and the Republic of Armenia reviewed the Fund projects portfolio in the country. The meeting was held in order to enhance effectiveness of projects implementation and to maintain its high quality. The participants discussed progress in implementation of active projects and preparation of the new ones.
The leadership of the Finance Ministry of Armenia and other key ministries and agencies were the participants to this event.
In Armenia, the EFSD operates in accordance with the country strategy, assisting in Armenia efforts in sustaining macroeconomic stability, rehabilitating basic infrastructure in transport and agriculture sectors, enhancing human capital.
The meeting resulted in adoption of action plan for the next working cycle.
The Fund regularly reviews projects portfolios in order to obtain feedback from the member countries on the EFSD work, discuss significant issues for the successful implementation and completion of the projects, as well as the prospects for financing the new priority initiatives within the EFSD mandate.