Economy @en

Inflation risks lessened in Armenia for next five years by public confidence in government

17.09.2019 17:16

Inflation risks lessened in Armenia for next five years by public confidence in government

Public confidence in the government lessened a great deal inflation risks in Armenia for the next five years, Armenian Prime Minister Nikol Pashinyan said Monday at a news conference in Vanadzor

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Armenia's foreign debt dropped by $120 million months over past 15 months

17.09.2019 17:15

Armenia's foreign debt dropped by $120 million months over  past 15 months

Armenia’s foreign debt dropped by $120 million over the past 15 months, Prime Minister Nikol Pashinyan said at a press conference in Vanadzor on Monday

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EDB: Armenian economy speeds up growth

11.09.2019 19:31

EDB: Armenian economy speeds up growth

YEREVAN, September 11. /ARKA/. Armenia’s economic activity index increased by 8.1% in July 2019 as opposed to the same month of 2018. Compared with June 2019, the figure upped by 3.4%, the Eurasian Development Bank (EDB) said. Konstantin Fedorov, head of an EDB unit, in charge of economic analyses, said the growth could have been […]

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Armenia's debt shrinks thanks to effective spending of public means

11.09.2019 18:59

Armenia's debt shrinks thanks to effective spending of public means

YEREVAN, September 11. /ARKA/. Armenia’s public debt has shrunk, Armenian Prime Minister Nikol Pashinyan reported Wednesday on his Facebook page. This is the first time since 2015 the country accounts for reduction of its public debt, he says. Although the reduction of the public debt is not goal in itself, he says, but effective spending […]

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Armenia's Central Bank cuts key refinancing rate by 0.25 percentage points to 5.5%

10.09.2019 18:42

Armenia's Central Bank cuts key refinancing rate by 0.25 percentage points to 5.5%

YEREVAN, September 10. /ARKA/. Armenia’s Central Bank has decided today to cut its key refinancing rate by 0.25 percentage points setting it at 5.5%. It said in August 2019, prices dropped by 0.4%, facilitated largely by a higher seasonal decline in agricultural produces’ prices. As a result, the 12-month inflation continued to decline, reaching 0.6% […]

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Armenian resort town to host international conference on macroeconomic modeling

09.09.2019 20:32

Armenian resort town to host international conference on macroeconomic modeling

YEREVAN, September 9. /ARKA/. The Training and Research Center of Armenia’s Central Bank in the resort town of Dilijan in the province of Tavush will host the 22nd conference on macroeconomic modeling. The gathering’s theme that will run from September 11 through September 14 is Advancing the Frontiers of Monetary Policy. “The purpose of the […]

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Partnership between IMF and Armenia is effective and stable

21.08.2019 16:52

Partnership between IMF and Armenia is effective and stable

Arthur Javadyan, the head of the Central Bank of Armenia, received Tuesday a delegation headed by International Monetary Fund Regional Director for Middle East and Central Asia Jihad Azour, the press office of the central bank reports

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EEC to prepare draft agreement on mutual recognition of bank guarantees

20.08.2019 18:10

EEC to prepare draft agreement on  mutual recognition of bank guarantees

The Eurasian Economic Commission (EEC), the executive body of the Russia-led Eurasian Economic Union (EEU) will have prepared a draft agreement on the mutual recognition of bank guarantees for public procurement before July 1, 2020, the Eurasian Development Bank (EDB) reported

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Inflation in eurozone slowed to 1% in July

19.08.2019 19:01

Inflation in eurozone slowed to 1% in July

Inflation in the eurozone slowed to 1% in July, according to official data from the EU statistics agency, down from the European Central Bank’s target of just below 2%, Finmarket reported

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Eurasian Development Bank considering possibility of its participation in Armenian eco-projects

14.08.2019 17:22

Eurasian Development Bank  considering possibility of its participation in Armenian eco-projects

The Eurasian Development Bank is considering the possibility of its participation in Armenian eco-projects to the tune of $10-15 million each in 2019-2022

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