ArmInfo. On October 7, a remote plenary meeting of the Board of Governors of the European Bank for Reconstruction and Development (EBRD) was held, at which decisions were made on the framework of the Strategy and capital for 2021-2025. and EBRD report.
As reported by the press service of the RA government, at the meeting, Deputy Prime Minister, EBRD Governor in Armenia Tigran Avinyan was elected Vice-President of the Bank for 2020-201. For the first time since the country's membership in the Bank, a representative of Armenia was elected as Deputy Chairman of the Board of Governors.
As a reminder, Yerevan will host the EBRD's annual conference in 2021.
At the annual meeting of the Bank of Armenia presented the Strategy and Capital Framework for 2021- 2025. Deputy Minister of Economy of the Republic of Armenia, Vice - Governor of EBRD for Armenia Avag Avanesyan made a report on cooperation between the republic and the EBRD.
He also presented the details of Azerbaijan's aggression against Artsakh with the support of Turkey and involvement in terrorist aggression, as well as mentioned attacks on civilian populated areas. It was noted that Azerbaijan's actions had already caused a long-term serious damage to the economic stability of the region and may lead to a humanitarian crisis.
