Economy @en

Armenia's overall public debt grows by $78.2 million in one month

06.11.2019 16:55

Armenia's overall public debt grows by $78.2 million in one month

Armenia’s overall public debt at the end of September 2019 stood at $7.051.177 billion, having increased by $78.169 million from the previous month, the National Statistics Committee (NSC) said

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Armenia's central bank revises upward its long-term economic growth outlook

06.11.2019 12:21

Armenia's central bank  revises upward its  long-term  economic growth outlook

Armenia’s Central Bank has revised upward its long-term (over three years) economic growth outlook, Vahagn Grigoryan, head of the monetary policy department of the Central Bank, told reporters on Tuesday

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Sarkissian invites EIB vice president to take part in one of his initiatives

01.11.2019 16:29

Sarkissian invites EIB vice president to take part in one of his initiatives

Armenian President Armen Sarkissian received Thursday Vice President of the European Investment Bank (EIB) Vazil Hudak, the presidential press office reported.
Head of the Delegation of the European Union to Armenia Andrea Victorin was present at the meeting

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In 2019 Armenia's public debt to make 50.3% of its GDP

31.10.2019 17:22

In 2019 Armenia's public debt to make 50.3% of its GDP

Armenian government’s public debt at the end of 2019 will stand at $6.94 billion, making 50.3% of its GDP, First Deputy Minister of Finance Karen Brutyan told a parliamentary hearing on the 2020 draft budget today. He specified that as of September 30, 2019, the public debt was worth $6.539 billion

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Armenian government's 2020 budget deficit set at 183 billion drams

28.10.2019 18:52

Armenian government's 2020 budget deficit set at 183 billion drams

The draft 2020 budget of the Armenian government projects a deficit to the tune of 183 billion drams or 2.6% of the GDP, Minister of Finance Atom Janjugazyan said today during a discussion of the draft budget by parliamentary standing committees

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4.9% GDP growth projected in Armenia's 2020 draft government budget

28.10.2019 18:46

4.9% GDP growth projected in Armenia's 2020 draft government budget

At Armenia’s government budget for 2020, GDP growth is projected at 4.9%, Finance Minister Atom Janjughazyan said Monday at the discussion of the government budget at the National Assembly’s standing committees. In the 2019 government budget, economic growth is projected at 4.9% and inflation at 2.7%

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Armenia, Germany expand financial cooperation

25.10.2019 18:50

Armenia, Germany expand financial cooperation

Armenian Finance Minister Atom Janjughazyan received Friday German Ambassador to Armenia Michael Johannes Banzhaf, the press office of the ministry reports.
Current cooperation and prospects for its development were discussed at the meeting along with other issues

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UBA president finds it necessary to reform justice system to improve investment environment in Armenia

22.10.2019 15:28

UBA president finds it necessary to reform justice system to improve investment environment in Armenia

President of the Union of Banks of Armenia (UBA) Mher Abrahamyan finds correction of a number of faults an important step on the way of improvement of investment environment in the country and protection of interests of domestic and foreign investors. He is quoted by the union’s press office as saying in an interview that the mission of the Central Bank of Armenia in very important in the process of rooting out these problems

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IMF and Armenia's central bank to conduct joint scientific conference in Dilijan in 2020

21.10.2019 18:45

IMF and Armenia's central bank to conduct joint scientific conference in Dilijan in 2020

An Armenian delegation made up of Armenian Vice Premier Mher Grigoryan, Central Bank Chairman Arthur Javadyan, Chief of the Central Bank’s Financial System Development Division Andranik Grigoryan and Head of Dilijan Education and Research Center Armen Nurbekyan, has had a number of meetings in Washington on the sidelines of the annual session of the governing boards of the World Bank (WB) and International Monetary Fund (IMF)

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Armenia's total public debt dropped by $11.6 million in August, 2019

14.10.2019 18:29

Armenia's total public debt dropped by $11.6 million in August, 2019

Armenia’s total public debt at end of August 2019 stood at $6.973.391 billion, having decreased by $11.585 million from the previous month, the National Statistics Committee (NSC) reported

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