Friday, May 22 2020 14:25
Alexandr Avanesov

Nikol Pashinyan and Arayik Harutyunyan discussed banking cooperation  and economic development with representatives of the banking system

Nikol Pashinyan and Arayik Harutyunyan discussed banking cooperation  and economic development with representatives of the banking system

ArmInfo.On May 22, Prime Minister of Armenia Nikol Pashinyan and newly elected President of the Artsakh Republic Arayik Harutyunyan met in Stepanakert with representatives of the banking systems of Armenia and Artsakh with  the participation of the leadership of the Central Bank of Armenia.

According to the press service of the Government of Armenia, Arayik  Harutyunyan, welcoming those present, thanked the Prime Minister for  organizing the meeting in this format. "It is advisable not to  continue, but to intensify cooperation, since in the near future we  plan to ensure a much higher pace of development, and the financial  resources of the governments of the two states alone are not enough  for this. We will need to implement more ambitious programs," Arayik  Harutyunyan said.

In his turn, the RA Prime Minister noted that over the past 10 years,  quite a serious development of the banking system has been registered  in Artsakh. According to the head of government, this was important  for the economic success of Artsakh. "Our common economic ambitions  will not be fulfilled if this message is not accepted by the banking  system. In a sense, this should be a shared message. In this anti-  crisis period, we also experience this when representatives of the  government, banking system and parliament are sitting at the table to  discuss agricultural development, overcoming the crisis and solving  social problems. It can be really effective, and this should not be  considered as a separate meeting, but as a continuation of the  conversation, " Prime Minister Pashinyan noted. Then the meeting  participants discussed issues related to the expansion of cooperation  between the financial and banking systems of the two states. They  touched upon issues related to the promotion of the activities of  Armenian banks in Artsakh, activation of financing business programs,  financing in various sectors of the economy, including agriculture  and investment projects.

Representatives of the banking system expressed their readiness to  listen to the initiatives of the governments of Armenia and Artsakh  and to take a more active part in the implementation of programs at  lower interest rates. 

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