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IFC develops activity in Armenia


PaperBoy

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Armenia has been an IFC member and shareholder since 1995. IFC has been active in the nation over the years, with cumulative investments totaling $87 million in 18 projects across a range of industries. For the fiscal year that ended June 30, 2010, IFC’s commitments in Armenia climbed to a record $35.3 million, in response to the global financial crisis. IFC complements its investment activity in Armenia with an active advisory program that focuses on banking development, sustainable energy and investment climate.

 

Source: http://www.panarmenian.net/eng/economy/details/52611/

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