Economy @en

Global Money Week 2024  to start in Yerevan on March 18

15.03.2024 18:41

Global Money Week 2024  to start in Yerevan on March 18

Global Money Week 2024 will start on March 18 in Yerevan.  

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Armenia intends to ratify 12 million euro loan agreement with Germany for renewable energy development

15.03.2024 18:40

Armenia intends to ratify 12 million euro loan agreement with Germany for renewable energy development

The Armenian Parliament intends to ratify the agreement on financial cooperation between the governments of Armenia and Germany, signed in 2022.

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Central Bank of Armenia cautious in lowering refinancing rate, says head of Freedom Broker Armenia

13.03.2024 18:49

Central Bank of Armenia cautious in lowering refinancing rate, says head of Freedom Broker Armenia

Against the backdrop of the latest deflationary quarter and weak single-digit inflation figures earlier, such rate cuts look very cautious, Freedom Broker Armenia CEO Hovak Hovakimyan told ARKA news agency when asked to comment on the Central Bank’s decision to lower the refinancing rate.

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Inflation in Armenia will not approach 4% in the first quarter - head of Central Bank

12.03.2024 18:54

Inflation in Armenia will not approach 4% in the first quarter - head of Central Bank

Inflation in Armenia will be far from the projected target in the first quarter of 2024, Central Bank Chairman Martin Galstyan said

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Rostelecom Armenia launches new platform "Wink Television and Online Cinema» with unprecedented features along with new tariff packages

07.03.2024 11:24

Rostelecom Armenia launches new platform

Rostelecom Armenia launched a new platform “Wink Television and Online Cinema”, saying in a press release that both the current and new subscribers of the company can join it

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Deflation of 1.7% registered in Armenia in February for the year

06.03.2024 10:25

Deflation of 1.7% registered in Armenia in February for the year

Armenian consumer prices in February 2024 were down 1.7% compared to February last year, the National Statistical Committee (NSC) reported

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Non-residents' investment portfolio in Armenia amounts to about AMD 150 bln - Ministry of Finance

05.03.2024 15:37

Non-residents' investment portfolio in Armenia amounts to about AMD 150 bln - Ministry of Finance

Non-residents’ investment portfolio in Armenia stands currently at about AMD 150 billion, Director of the State Debt Management Department of the Armenian Finance Ministry Samvel Khanvelyan said

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Rostelecom supports the project on providing children's rehabilitation services in Meghri

28.02.2024 16:34

Rostelecom supports the project on providing children's rehabilitation services in Meghri

Emphasizing the role of social sector projects, Rostelecom Armenia has raised AMD 3 million for Arabkir United Children’s Charity Fund to provide development and rehabilitation services for children in Meghri Regional Medical Center, Rostelecom’s press service reports

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Standard and Poor's affirms Armenia's sovereign ratings, maintaining "stable" outlook

26.02.2024 18:43

Standard and Poor's affirms Armenia's sovereign ratings, maintaining

S&P Global Ratings Services has affirmed the sovereign ratings of the Republic of Armenia’s long-term/short-term foreign and local currency issues at “BB -“/”B”, keeping the “stable” outlook unchanged, the press service of the Ministry of Finance reported

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Remittance outflows from Armenia up 55% to $4 billion in 2023- EDB

16.02.2024 14:46

Remittance outflows from Armenia up 55% to $4 billion in 2023- EDB

Remittance outflows from Armenia soared by 55% in 2023 to  $4 billion in 2023, leading to a 36% YoY decline in net cross-border remittances, the Eurasian Development Bank says in a  macroeconomic review for February 2024

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