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    September 2022
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  • Archive for September, 2022

    Armenian finance minister and head of central bank to participate in meetings of WB Group and IMF in Washington

    Friday, September 30th, 2022

    Armenian Finance Minister Tigran Khachatryan and Central Bank Chairman Martin Galstyan will take part in the annual meetings of the World Bank Group and the International Monetary Fund in Washington, D.C

    About 27 thousand pensioners and recipients of benefits awarded 800 million drams of cashback in August

    Friday, September 30th, 2022

    About 27 thousand pensioners and recipients of benefits in Armenia used their bank cards in August 2022 to make  non-cash payments and become eligible to 10% cashback, the Ministry of Labor and Social Affairs reported

    I hope I will walk again - Norayr Avagyan, participant of Shushi battle

    Friday, September 30th, 2022

    Norayr Avagyan, a participant of the 44-day war (in the Nagorno-Karabakh conflict zone in the autumn of 2020), volunteered to join the army in the first days of the war. The battle for Shushi was decisive. There he was wounded in the spine. Now Norayr is doing rehabilitation exercises at home with a MetaGait device

    The number of bank card frauds increased dramatically in Armenia

    Friday, September 30th, 2022

    The number of bank card frauds has sharply increased in Armenia, the Office of Prosecutor General said, urging citizens not to provide information about their bank cards to other persons

    Yerevan Mayor's Office and Asian Development Bank expand cooperation framework

    Thursday, September 29th, 2022

    Yerevan Mayor Hrachya Sargsyan and Paolo Spantigatti, Asian Development Bank (ADB) Armenia Country Director, discussed today ways to expand cooperation framework

    First snail breeding farm established in Armenia

    Wednesday, September 28th, 2022

    Vahe, a director by profession, has founded a snail breeding farm in Byurakan for the snails imported from Europe. It is the first in Armenia; special conditions were created for the snails, Acba bank said in a press release

    Acba Bank in cooperation with EBRD to direct $25 mln to Armenian private sector financing

    Tuesday, September 27th, 2022

    As a result of the cooperation between Acba bank and European Bank for Reconstruction and Development (EBRD) USD 25 million will be directed at the development of Armenia’s economy  through financing micro, small and medium enterprises, as well as companies led by women, Acab bank said today in a press release

    IMF ready to participate in all current programs with Armenian Ministry of Finance

    Tuesday, September 27th, 2022

    Armenian Finance Minister Tigran Khachatryan had a working meeting on Monday with a delegation led by the head of the International Monetary Fund (IMF) Mission in Armenia mission Iva Petrova, the ministry’s press service reported

    Armenian dram/Russian ruble pair trading at Moscow Exchange reaches hundreds of millions a day

    Friday, September 23rd, 2022

    Armenian dram/Russian ruble pair trading at the Moscow Exchange reach hundreds of millions a day, Russian Deputy Minister of Economic Development Dmitry Volvach said in an interview with the Public Television of Armenia

    ADB forecasts inflation in Armenia at 8.5% in 2022 and its reduction to 7.2% in 2023

    Friday, September 23rd, 2022

    The average annual inflation in Armenia jumped to 8.3% in January– July 2022 from 6.1% a year earlier, reflecting increases of 13.1% for food, 6.4% for other goods, and 3.9% for services, the Asian Development Bank said in its September update of the Asian Development Outlook report