Economy @en

Armenia’s total public debt increased by $9.5 million to $6 934 million in June

15.07.2019 16:53

Armenia’s total public debt increased by $9.5 million to $6 934 million in June

Armenia’s total public debt amounted to $6 934 million in late June 2019 after growing by $9.5 million over one month, the country’s finance ministry reported on Friday

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Singapore’s Temasek Holdings may make investment in venture foundation in Armenia

09.07.2019 12:42

Singapore’s Temasek Holdings may make investment in venture foundation in Armenia

There is a small, but organized Diaspora in Singapore the representatives of which successfully operate in different areas, including technological. Singapore’s Temasek Holdings Foundation Co-cohair Nagi Hamiyeh said Monday as he met with Armenian Prime Minster Nikol Pashinyan, who is in Singapore now for an official visit, the press office of the Armenian government reports

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Armenbrok acquires 100% of capital investments shares

19.06.2019 16:29

Armenbrok acquires 100% of capital investments shares

Armenia’s leading investment company Armenbrok said today it has acquired 100% of shares of Capital Investments company. It said Capital Asset Management

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FDI flows to CIS and Georgia contracted in 2018 by 36 per cent to $27 billion, UNCTAD report says

17.06.2019 10:29

FDI flows to CIS and Georgia contracted in 2018 by 36 per cent to $27 billion, UNCTAD report says

Global foreign direct investment (FDI) flows slid by 13% in 2018, to US$1.3 trillion from $1.5 trillion the previous year – the third consecutive annual decline, according to UNCTAD’s World Investment Report 2019

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Armenia’s overall public debt ups by $25 million in may to $6.924.5 billion

10.06.2019 18:59

Armenia’s overall public debt ups by $25 million in may to $6.924.5 billion

Armenia’s total public debt at the end of May 2019 stood at $6.924.5 billion, an increase of $25.1 million or 0.36% from the previous month, according to the Ministry of Finance

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Armenia’s gross external reserves at the end of may 2019 down $24.3 million

10.06.2019 18:56

Armenia’s gross external reserves at the end of may 2019 down $24.3 million

Armenia’s gross external reserves at the end of May 2019 stood at $2.126.4 billion, having decreased by $24.3 million or 1.13% from the previous month, according to the Central Bank of Armenia

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Implementation of structural reforms in Armenia could increase real GDP by 7 percent - IMF

10.06.2019 18:50

Implementation of structural reforms in Armenia could increase real GDP by 7 percent - IMF

A full implementation of structural reforms in Armenia could increase the country’s real GDP by as much as 7 percent over the long run, the International Monetary Fund says in its fresh report

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In 2018 Armenian pawnshops provided 8.1 billion drams worth loans

07.06.2019 19:13

In 2018 Armenian pawnshops provided  8.1 billion drams worth loans

In 2018 Armenian pawnshops provided a total of 8.1 billion drams worth loans, which was 2.3% more than in 2017, according to the National Statistical Committee (NSC)

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Off-budget accounts of government bodies to be closed

06.06.2019 19:14

Off-budget accounts of government bodies to be closed

The government of Armenia has approved today a set of changes to more than a dozen laws, which provide for the closure of so-called off-budget accounts of government agencies

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Banks’ lending to organizations shrinks 0.61% in Armenia

06.06.2019 19:00

Banks’ lending to organizations shrinks 0.61% in Armenia

The loans provided by banks totaled AMD 3 235.3 billion in late April 2019 after growing 1.1% or by AMD 35.1 billion over one month, the Central Bank of Armenia reports

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