President of Asian Development Bank Takehiko Nakao said that recent developments will have no impact on ADB projects in Armenia.  

He made this statement in response to Banks.am reporter’s question at the 51st Annual Meeting of ADB’s Board of Governors, which kicked off today in Manila, Philippines.

“Former President who became prime minster resigned under the protests. So there are ongoing discussions on how to form a government. Nonetheless, our current projects continue with the executive agencies.

In many countries there are cases when governments are not set in time and we still do business there. So be sure there is no impact on our projects in Armenia,” Takehiko Nakao said.

Meeting of ADB’s Board of Governors involving 4000 participants will continue up to May 6.