Economy @en

Armenia's state debt exceeded8% of GDP in 2023 - Finance Ministry

29.05.2024 21:32

Armenia's state debt exceeded8% of GDP in 2023 - Finance Ministry

Armenia’s state debt in 2023 amounted to 48.1% of GDP, Finance Minister Vahe Hovhannisyan said today.

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WB Regional Director names conditions for Armenia's inclusive economic growth

29.05.2024 21:29

WB Regional Director names conditions for Armenia's inclusive economic growth

Armenian Deputy Prime Minister Mher Grigoryan received on Wednesday a delegation led by World Bank Regional Director for Europe and Central Asia Asad Alam, the government press service reported.

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OVIO officially launches largest and most powerful Data Processing Center in Armenia

29.05.2024 13:00

OVIO officially launches largest and most powerful Data Processing Center in Armenia

OVIO company held the official opening ceremony of the largest and most powerful Data Processing Center in Armenia.

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Armenia to receive €92.3m loan and $16m grant from WB to fight climate change

27.05.2024 22:38

Armenia to receive €92.3m loan and $16m grant from WB to fight climate change

Armenia and the International Bank for Reconstruction and Development (IBRD – a division of the World Bank) signed an agreement on 24 May on financing the second operation of the Green, Sustainable and Inclusive Development Policy”, the press service of the Ministry of Finance reported.

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"Rostelecom Armenia" rebrands to "OVIO".

24.05.2024 18:35

Rostelecom Armenia announced the beginning of rebranding and will henceforth operate under the new brand OVIO.

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Deflation of 0.7% registered in Armenia in April 2024

06.05.2024 22:44

Deflation of 0.7% registered in Armenia in April 2024

Consumer prices in Armenia were down 0.7% in April this year compared to April last year, the  National Statistical Committee (NSC) says.

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ARKA News Agency is 28 years old!

01.05.2024 11:00

ARKA News Agency is 28 years old!

All these years our principles have remained unchanged – to promptly provide reliable and quality information

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Net inflow of remittances from Russia to Armenia decreased by about 50% in Q1 - Central Bank

30.04.2024 16:48

Net inflow of remittances from Russia to Armenia decreased by about 50% in Q1 - Central Bank

The amount of remittances from Russia to Armenia has been declining throughout 2024, head of the Armenian Central Bank Martin Galstyan said today.

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Debtors in Armenia will not be left without means of livelihood - Deputy Minister of Justice

30.04.2024 15:30

Debtors in Armenia will not be left without means of livelihood - Deputy Minister of Justice

Armenian Deputy Justice Minister Levon Balyan presented a draft law on making amendments and additions to the law “On Compulsory Execution of Judicial Acts” in Parliament.

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Prices in Armenia declined in March by 1.2 percent (yoy)

19.04.2024 15:35

Prices in Armenia declined in March by 1.2 percent (yoy)

Prices declined in March by 1.2 percent (yoy), WB says in its Armenia Monthly Economic Update – April 2024».

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