Economy @en

Some 691 million drams raised to support Armenian government‘s efforts to contain spread of coronavirus

27.03.2020 20:11

Some 691 million drams raised to support Armenian government‘s efforts to contain spread of coronavirus

Some 691.5 million drams (almost $1.4 million) have been raised so far to support the Armenian government’s efforts to contain the spread of coronavirus Covid 19, the Ministry of Finance reported

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Armenian central bank downs refinancing rate to retain economic stability

20.03.2020 18:57

Armenian central bank downs refinancing rate to retain economic stability

The Central Bank of Armenia has lowered the refinancing rate to maintain macroeconomic stability in the country, Arthur Stepanyan, a member of the central bank’s board, said at a news conference at the Unified Information Center on Friday

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Some 100 million drams have been raised to support Armenian government's efforts to contain the spread of coronavirus

19.03.2020 18:52

Some 100 million drams have been raised  to support Armenian government's efforts to contain the spread of coronavirus

Some 100 million drams (almost $225 thousand) have been raised so far to support the Armenian government’s efforts to contain the spread of coronavirus Covid 19, the Ministry of Finance reported

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Inflation in Armenia needs no abrupt corrections - central bank

13.03.2020 10:29

Inflation in Armenia needs no abrupt corrections - central bank

Inflation in Armenia needs no abrupt corrections, Martin Galstyan, a member of the board of the Central Bank of Armenia, said Tuesday in an interview with the Public Television of Armenia

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No signs of serious economic crisis seen in Armenia because of coronavirus - central bank

13.03.2020 10:27

No signs of serious economic crisis seen in Armenia because of coronavirus - central bank

No signs of serious economic crisis seen in Armenia because of coronavirus, Martin Galstyan, a member of the board of the Central Bank of Armenia, said Tuesday in an interview with the Public Television of Armenia

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Armenia's financial system stable, and no signs of crisis or other threats seen now

12.03.2020 15:44

Armenia's financial system stable, and no signs of crisis or other threats seen now

Armenia’s financial system is stable, and no signs of crisis or other threats are seen now, Martin Galstyan, a member of the board of the Central Bank of Armenia, said Tuesday in an interview with the Public Television of Armenia

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Volume of transactions made by payment cards in Armenia grew by 21 percent in 2019 to 2.344 trillion drams

12.03.2020 15:40

Volume of transactions made by payment cards in Armenia grew by 21 percent in 2019 to 2.344 trillion drams

The Union of Banks of Armenia called on citizens to make payments by bank transfers as one of the measures to combat the spread of coronavirus

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Armenian central bank vows to ensure price and financial stability in context of coronavirus

09.03.2020 18:08

Armenian central bank vows to ensure price and financial stability in context of coronavirus

The impact of coronavirus on the global economy and the Armenian economy will be short-term, according to the Central Bank of Armenia. It said it was closely monitoring the developments in the global economy in connection with the coronavirus

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Armenian government's revenue in 2018-2019 rose by $1.06 billion

27.02.2020 18:25

Armenian government's revenue in 2018-2019 rose by $1.06 billion

Armenian government’s revenue in 2018-2019 rose by the equivalent of $1.06 billion, Prime Minister Nikol Pashinyan said during a government meeting on Thursday. He said in terms of Armenian drams the tax collection rate rise amounted to 505.4 billion drams or 43.6%

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Cooperation with IFC allows businesses to develop key principles properly - Armenian vice-premier

26.02.2020 18:48

Cooperation with IFC allows businesses to develop key principles properly - Armenian vice-premier

Armenian Vice Premier Mher Grigroyan received Tuesday a delegation headed by Georgina Baker, Regional Vice President of the International Finance Corporation (IFC)

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