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    May 2022
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  • Archive for May, 2022

    Enjoy Wine Days in Yerevan together with Acba bank and Visa

    Tuesday, May 31st, 2022

    In a few days Yerevan will be fragrant with the scents of wine and become a little tipsy with wine lovers, winemakers and tourists gathering in the center of the capital

    Armenia's state budget deficit in 2021 decreased by 0.8%, public debt by 2.3% - minister

    Tuesday, May 31st, 2022

    Armenian Finance Minister Tigran Khachatryan said today that in 2021 the budget deficit was 4.6% of GDP, having decreased by 0.8 p.p., and the government debt was 60.3% of GDP, which was 2.3% less than at the end of 2020

    EDB projects 8.6% inflation for Armenia in 2022

    Monday, May 30th, 2022

    According to the Macroeconomic Outlook for 2022–2024 released by the Eurasian Development Bank (EDB), higher inflation reported in the bank’s region of operations in March and April 2022 will remain elevated in 2023

    Armenian Finance Minister and head of ADB Yerevan Office discussed Armenia's loan portfolio

    Friday, May 27th, 2022

    Armenian Finance Minister Tigran Khachatryan and Paolo Spantigati,  the head of the Yerevan Office of the Asian Development Banks (ADB), discussed today ADB’s current and future projects in Armenia, the Finance Ministry’s press service reported

    Armenian government approves housing renovation program

    Thursday, May 26th, 2022

    Under a housing renovation program, approved today by the Armenian government, citizens will be eligible to low-interest rate loans

    A Letter of intent on acquisition of shares of Armenian Stock Exchange by Warsaw Stock Exchange signed in Davos 

    Wednesday, May 25th, 2022

    Within the framework of the World Economic Forum held in Davos, on May 24, CEO of the Warsaw Stock Exchange Marek Dietl and CEO of the Armenian Securities  Exchange Hayk Yeganyan, in the presence of President of the Republic of Armenia Vahagn Khachaturyan and President of the Republic of Poland Andrzej Duda, signed a Letter of intent on the acquisition of 65.03% of the shares of the Armenian Securities  Exchange by the Warsaw Stock Exchange. The  signing of the master contract will take place in June in Armenia

    Armenian Central Bank approves sale of AMX shares to Warsaw Stock Exchange

    Tuesday, May 24th, 2022

    At its May 24 sitting, the Board of the Central Bank of Armenia gave its consent to the acquisition of the Armenian Securities Exchange (AMX) by the Warsaw Stock Exchange

    The whole world is talking about NFT: what it is and how to make money from it

    Tuesday, May 24th, 2022

    The end of 2020 saw the crypto markets boom and mature, with different sectors flourishing as Bitcoin,  the world’s first and most-popular cryptocurrency, was reaching new all-time highs and altcoins (all cryptocurrencies other than Bitcoin) were growing at a rapid pace

    Solar photovoltaic power plant built in Talin with assistance of Acba Bank (video)

    Monday, May 23rd, 2022

    Another solar photovoltaic power plant was built on a 7.5 hectare land plot in Talin with the assistance of Acba Bank. The Talin-2 power plant will produce 10.5 mln. kWh of electricity annually, Acba Bank’s press service reported

    Central Bank of Armenia puts  silver collector coin “Davit Bek” into circulation starting May 23

    Monday, May 23rd, 2022

    Davit Bek (date of birth unknown, died at the end of 1728) – a leader of the Armenian national liberation movement, a military commander. He served in the army of the king of Georgia Vakhtang VI