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Armenia's per capita GDP in 2020 drops to $4,269

22.02.2021 17:22

Armenia's per capita GDP in 2020 drops to $4,269

Armenia’s per capita GDP in 2020 amounted to a little over 2 million drams or $4,269, according to the numbers, released today by the National Statistical Committee (NSC)

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Level of Armenia's public debt to GDP in 2020 to make 66.5 percent

17.11.2020 21:39

Level of Armenia's public debt to GDP in 2020 to make 66.5 percent

The level of Armenia’s public debt to GDP by the end of 2020 will be 66.5%, against 49.9% in 2019, and in 2021 it will reach 67%, Armenian Finance Minister Atom Janjughazyan said on Tuesday

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Moody’s points out risks for banks in Armenia amid developments in Nagorno Karabakh

09.10.2020 16:07

Moody’s points out risks for banks in Armenia amid developments in Nagorno Karabakh

The development of the conflict in Nagorno-Karabakh could lead to devastating consequences for the banking sectors of Armenia and Azerbaijan, according to the review of the rating agency Moody’s, published by RBC

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Armenian government allocates another AMD 119 billion to cushion economic consequences of COVID-19

24.09.2020 15:54

Armenian government allocates another AMD 119 billion to cushion economic consequences of COVID-19

Armenian Vice Premier Mher Grigoryan pointed out Thursday the progress in the implementation of the government’s 1st and 2nd programs aimed at cushioning the economic consequences of the coronavirus

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Armenian Central Bank says 2020 GDP drop will amount to 6.2 percent

15.09.2020 18:45

Armenian Central Bank says 2020 GDP drop will amount to 6.2 percent

Armenia’s Central Bank has revised its GDP decline forecast for 2020 to 6.2% , Central Bank Chairman Martin Galstyan told reporters on Tuesday

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Armenian GDP may shrink by 5% or even more in 2020, according to minister

14.08.2020 20:54

Armenian GDP may shrink by 5% or even more  in 2020, according to minister

According to preliminary estimates, Armenia’s GDP is expected to shrink by 5% or even more in 2020 due to the coronavirus crisis, Economy Minister Tigran Khachatryan said at a press conference on Friday

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Armenian banks provided 73 billion drams as loans as part of anti-coronavirus programs

01.07.2020 12:43

Armenian banks provided 73 billion drams as loans as part of anti-coronavirus programs

As part of the government programs designed to offset the consequences of the coronavirus shock, Armenian banks have provided loans worth 73 billion drams, Central Bank Chairman Martin Galstyan said at a news conference on Tuesday

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Avinyan presents at WEF meeting Armenia’s anti-crisis strategy amid COVID-19

19.05.2020 13:02

Avinyan presents at WEF meeting Armenia’s anti-crisis strategy amid COVID-19

Armenian Vice-Premier Tigran Avinyan took part yesterday in the online meeting of the Regional Group for Europe and Eurasia of the World Economic Forum (WEF)

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Armenian government extends deadline for agriculture insurance by one month

27.04.2020 17:59

Armenian government extends deadline for agriculture insurance by one month

The Armenian government has extended the deadline for farmers to conclude agricultural insurance contracts by one month until May 15, Anna Ohanyan, spokeswoman for the Ministry of Economy, wrote in a Facebook post.

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Over AMD 512.6 million received on special account in Armenia as donations for struggle against COVID 19

26.03.2020 15:24

Over AMD 512.6 million received on special account in Armenia as donations for struggle against COVID 19

As of 18:00 on Wednesday, March 25, 2,582 transfer transaction totaling over 512.6 million drams (about $ 1.033 million) have been carried out to a special account to support the struggle against coronavirus in Armenia, the press service of the Armenian government reports referring to the finance ministry

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