Analytics

IMF to consider initiative on increase IMF financial support for Armenia under stand-by agreement to $280 million

10.04.2020 13:58

IMF to consider initiative on increase IMF financial support for Armenia under stand-by agreement to $280 million

An International Monetary Fund (IMF) team led by Nathan Porter conducted discussions on the second review of Armenia’s reform program supported by the IMF Stand-By Arrangement (SBA) during March 12-April 8, 2020. At the conclusion of the mission, Mr. Porter issued the following statement:

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Former economy minister forecasts how long COVID 19 situation will last in Armenia and how many people will be infected

06.04.2020 14:40

Former economy minister forecasts how long COVID 19 situation will last in Armenia and how many people will be infected

Armenia is currently in the stage of spreading a new type of coronavirus, but, unlike Russia, it is closer to the end of this stage, Armen Yeghiazaryan, Associate Professor of the Department of Economic Theory and Problems of Transition Economics of the Russian-Armenian University and Former Minister of Economy of Armenia, said in his article “Analysis and Forecast of the Spread of Coronavirus in the World as of April 2, 2020,” posted on the university’s website. “As of April 3, the incidence rate in Armenia was 248 people per million people,” he said

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Damage to Armenian economy from coronavirus to amount $ 1.53 billion, GDP to shrink more than 11% - former economy minister

06.04.2020 13:15

Damage to Armenian economy from coronavirus to amount $ 1.53 billion, GDP to shrink more than 11% - former economy minister

The damage to the Armenian economy from the coronavirus in the base scenario will amount to $ 1.53 billion (or 11.2% of the 2019 GDP), according to a study by Vahram Avanesyan, a former minister of economy of Armenia, published on the website of the Russian-Armenian University

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Armenian premier presents first package of measures to be taken to curb spread of COVID-19

23.03.2020 13:31

Armenian premier presents first package of measures to be taken to curb spread of COVID-19

Armenian Prime Minister Nikol Pashinyan on his Facebook page presented the draft package of first measures to be taken to neutralize the economic consequences of the coronavirus, and also offered to submit proposals and comments on it before March 18, 18:00, by sending them to [email protected]

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Armenian government approves plan of measures to reform financial management system

28.11.2019 16:55

Armenian government approves plan of measures to reform financial management system

The government of Armenia has approved today a plan of measures designed to reform the financial management system for 2019-2023. The main purpose of the plan is to guarantee an equitable distribution of public goods

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NASDAQ OMX Armenia and Central Depository launch new strategy for 2018-2020 – new trading system, crowdfunding platform and mobile application

25.07.2018 19:20

NASDAQ OMX Armenia and Central Depository launch new strategy for 2018-2020 – new trading system, crowdfunding platform and mobile application

NASDAQ OMX Armenia’s and Central Depository of Armenia’s supervisory boards have approved the high-level strategy and development plan for 2018-2020, the press office of the stock exchange reported on Wednesday

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Central bank of Armenia to ensure price and financial system’s stability

10.04.2018 18:53

Central bank of Armenia to ensure price and financial system’s stability

Armenia’s Central Bank said today that since April 9 it has basically two main goals: to ensure price and financial system’s stability

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Fitch’s bank sector outlook for Armenia in 2018 remains stable

25.12.2017 19:39

Fitch’s bank sector outlook for Armenia in 2018 remains stable

Fitch Ratings’ bank sector outlook for Armenia in 2018 remains stable

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ARKA News Agency presents top 10 events in Armenian financial market in 2017

19.12.2017 16:40

ARKA News Agency presents top 10 events in Armenian financial market in 2017

ARKA news agency has compiled the list of top ten most important events in 2017 in Armenia’s financial sector, which is below

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Fitch Ratings revises up its growth projection for Armenia for 2017

18.12.2017 18:25

Fitch Ratings revises up its growth projection for Armenia for 2017

Fitch Ratings has revised Armenia’s to Positive from Stable, while affirming the sovereign’s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at ‘B+’

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