Insurance premiums in Armenia amounted to over 17.7 bln drams in Q2, 2023, according to the National Statistical Committee
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Archive for September, 2023
Insurance premiums in Armenia in Q2, 2023 amounted to AMD 17.7 bln.
Friday, September 8th, 2023IMF: Central Bank of Armenia pro-active policy contributed to good functioning of inflation targeting system
Friday, September 8th, 2023The inflation-targeting framework is working well and has benefited from CBA’s proactive policy actions and efforts to improve communication and develop capital markets, Head of Middle East and Central Asia Department at the International Monetary Fund (IMF), said in an exclusive interview with ARKA news agency
IMF to Conduct Second Review of Stand-by Arrangement Program on Armenia in Autumn
Friday, September 8th, 2023The IMF Executive Board approved a 36-month precautionary SBA on December 12, 2022, which supports the authorities’ efforts to preserve macroeconomic, financial, and fiscal stability and to advance their homegrown economic program, ‘ Head of Middle East and Central Asia Department at the International Monetary Fund (IMF), said in an exclusive interview with ARKA news agency
IMF expects Armenian government debt to remain below 50 percent of GDP in medium term
Friday, September 8th, 2023While we expect central government debt to remain below 50 percent of GDP in the medium term, the outcome would depend upon the implementation of a gradual fiscal consolidation supported by prioritization of spending and revenue mobilization measures,’ Head of Middle East and Central Asia Department at the International Monetary Fund (IMF), said in an exclusive interview with ARKA news agency
IMF sees risks of both strengthening and weakening of the Armenian dram
Friday, September 8th, 2023We see risks on both sides,’ Jihad Azour’, Head of Middle East and Central Asia Department at the International Monetary Fund (IMF), said in an exclusive interview with ARKA news agency in response to a question about possible scenarios for the behavior of the Armenian currency
IMF expects Armenian Central Bank’s monetary policy to help stabilize inflation around 4 percent
Friday, September 8th, 2023‘We expect that CBA’s monetary policy will help stabilize inflation around 4 percent in the period ahead. Jihad Azour’, Head of Middle East and Central Asia Department at the International Monetary Fund (IMF), said in an exclusive interview with ARKA news agency
French-Armenian doctors help children with vision problems in Shirak region of Armenia (VIDEO)
Thursday, September 7th, 2023French-Armenian doctors worked for 2 weeks in School No. 1 of Maralik village and examined more than 300 children, providing them with eyeglasses if necessary.
EBRD extends equivalent to US$ 15 million in Armenian drams to Acba Bank to reach more businesses in rural areas
Wednesday, September 6th, 2023As part of collaboration with the European Bank for Reconstruction and Development (EBRD) and the European Union a loan equivalent to US$ 15 million in Armenian drams will be extended by the EBRD to Armenian Acba Bank to help it reach more businesses, especially those located in rural areas. The funding will also address the growing demand for longer-term local currency financing, Acba Bank press service said today
Dram is one of the most stable and recognizable symbols of Armenia's independence - Central Bank chairman
Wednesday, September 6th, 2023This year marks the 30th anniversary of the Armenian national currency, the dram, which is one of the most stable and recognizable symbols of Armenia’s independence and statehood, said the Chairman of the Central Bank Martin Galstyan, speaking at a conference devoted to the currency
EBRD First Vice President visits Armenia, Georgia and Azerbaijan
Monday, September 4th, 2023The EBRD’s First Vice President and Head of Client Services Group, Jürgen Rigterink, begins a week-long visit to the Caucasus on Monday, 4 September 2023. Starting in Armenia, the trip will continue in Georgia and finish in Azerbaijan
