The Asian Development Bank (ADB) expects the average annual inflation in Armenia to accelerate to at least 9% in 2022 and then decrease to 7.5% in 2023, assuming there will be no such price hikes on the domestic market and international inflationary pressure will abate, ADB said in its April release of the Asian Development Outlook report
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Archive for April, 2022
Asian Development Bank predicts 9% inflation for Armenia in 2022
Friday, April 8th, 2022Send and receive Unistream money transfers via UNIMobile App
Friday, April 8th, 2022Unistream international money transfers are one of the most popular services in the Unibank mobile app. The UNIMobile application allows sending and receiving Unistream money transfers online, without visiting a service point, the press service of the bank reported
Deposits placed in Armenian commercial banks stood at about 4.06 trillion drams in late February
Wednesday, April 6th, 2022At the end of February, 2022 the volume of deposits placed in Armenian commercial banks stood at about 4.06 trillion drams, up from 4 trillion drams in late January, the National Statistical Committee said
The volume of loans provided by Armenian commercial banks exceeded 4.02 trillion drams in late February, 2022
Wednesday, April 6th, 2022The overall lending provided by Armenia-based commercial banks stood at 4.02 trillion drams in late February 2022, up from 4 trillion drams in late January, 2022, according to the National Statistical Committee
Armenia's public debt amounts to over $9.3 billion
Wednesday, April 6th, 2022Armenia’s public debt as of February 28, 2022 stood at over $9.3 billion, up $41.7 million from January 31, 2022, according to the National Statistical Committee (NSC). On December 31, 2021 the country’s public debt stood at $9,225,643,000
Superintensive and intensive orchards are established in Armenia with the assistance of Acba Leasing
Monday, April 4th, 2022Over 45 hectares of land in the village of Karbi in Armenia’s Aragatsotn province have been planted with super-intensive and intensive apricot, apple and pear orchards by ArLeAM Company, the press service of Acba Bank reported
Armenian central bank may raise benchmark interest rate again in near future
Friday, April 1st, 2022The 12-month inflation in Armenia will remain above the projected target, then will gradually decline and stabilize around the target of 4% according to a Central Bank report
