Armenia secured €250.3 million from the International Bank for Reconstruction and Development to cover its state budget deficit.

The entities involved

• Armenia →

  sovereign state in the South Caucasus region of Eurasia

  • The European Commission has initiated economic support measures for Armenia, including funding transfers, trade program development, and import restrictions.Mon 17:26
  • Armenian elections bolster pro-EU trajectory, prompting Russian opposition and EU counter-pressure against Moscow's economic tactics.Mon 17:00
• International Bank for Reconstruction and Development →

  international financial institutions, sells loans to middle-income developing countries, part of the World Bank Group

  Nothing else this week.

Related events

• Armenia is managing its state budget revenues and expenditures.Sep 9
• The Office of the Prime Minister defends Armenia's interests internationally, concurrent with the cabinet making decisions regarding fund allocations.Jul 30
• The Kremlin is applying economic pressure and seeking electoral support from Armenia.Jun 7