On August 26, a discussion led by the RA Deputy Finance Minister Eduard Hakobyan was organized in cooperation with the Eurasian Fund for Stabilization and Development (hereinafter, EFSD) on investment and grant projects implemented and subject to implementation in the territory of the RA, in which the RA and EFSD partners took part.
During the meeting, officials of the RA Ministry of Finance, Ministry of Territorial Administration and Infrastructure, Ministry of Health, Ministry of Labor and Social Affairs, responsible for the implementation of the Projects presented brief reports to partners on the works done during 2024.
The Eurasian Fund for Stabilization and Development (EFSD) is a regional financial institution with assets exceeding 9 billion USD which was established in 2009 by the Republic of Armenia, the Republic of Belarus, the Republic of Kazakhstan, the Republic of Kyrgyzstan, the Russian Federation and the Republic of Tajikistan.
The aim of the fund is to support the economic and financial stability of the participating states, as well as their sustainable development.
In the RA, the Fund's portfolio includes more than 10 projects with an amount exceeding 540 million US dollars.
