Armenia expects a modest growth in the volume of remittances in 2017, the bulk of which is sent by Armenian labor migrants working in the Russian Federation, finance minister Vardan Aramyan said today during a parliamentary hearing of the next year’s draft budget
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Archive for October, 2016
Armenia expects modest growth in remittances next year- minister says
Monday, October 31st, 2016ACBA-CREDIT AGRICOLE BANK inaugurates its 57th branch
Monday, October 31st, 2016ACBA-CREDIT AGRICOLE BANK has inaugurated today its 57th “Shinararneri” branch, located at 15, Shinararneri Street in Ajapnyak administrative district of the capital city Yerevan
Armenian banks' taxes for 9 months fell by 11.4% year-on-year
Monday, October 31st, 2016The list of Armenia’s 1000 largest corporate taxpayers for the first 9 months of 2016 includes all 19 commercial banks operating in the country, which paid a total of 28.2 billion drams in various taxes
Armenia’s monetary base in September 2016 was up 5.4% from August
Monday, October 31st, 2016Armenia’s monetary base in September 2016 increased by 5.4% from the previous month of August to about 897.9 billion drams, the National Statistical Service (NSS) reported citing the preliminary data of the Central Bank
Around $110 million bought by Armenian banks last week
Monday, October 31st, 2016Armenia’s commercial banks bought more than $110 million from the local foreign currency market on October 24 to 28 at the average weighted exchange rate of 474.77 drams per one USD
No dollar sale-purchase transactions at NASDAQ OMX Armenia stock exchange last week
Monday, October 31st, 2016No dollar sale-purchase transactions have been effected at NASDAQ OMX Armenia stock exchange over a period between October 24 and 28, the press office of the Central Bank of Armenia reports
Economic growth is projected at 3.2% in Armenia’s 2017 draft government budget
Monday, October 31st, 2016In Armenia’s draft government budget for 2017, economic growth is projected at 3.2%, Karen Karapetyan, Armenian prime minister, said Monday while presenting the draft budget to the parliamentary commissions
Gagik Minasyan: three reasons behind Armenian budget shortfall
Friday, October 28th, 2016According to Gagik Minasyan, the chairman of an Armenian parliamentary committee on finance and budget issues, there are three major reasons behind the predicted 60 billion budget shortfall this year
Russia’s and Armenia’s state-owned repositories of precious stones and metals (Gokhran) sign cooperation memorandum
Thursday, October 27th, 2016Russia’s and Armenia’s state-owned repositories of precious stones and metals (Gokhran) have signed today in Yerevan a memorandum of cooperation, the Armenian ministry of finance reported after a meeting with a Russian Gokhran delegation, visiting Armenia
