Economy @en

Fitch:  Armenian government’s general debt amounted to an estimated 48.2% of GDP at end-2023

29.01.2024 14:15

Fitch:  Armenian government’s general debt amounted to an estimated 48.2% of GDP at end-2023

Armenian government’s general debt (GGD) amounted to an estimated 48.2% of GDP at end-2023 (‘BB’ median: 52%).Fitch Ratings said in a report.

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WB: net money transfers to Armenia in November 2023 were down 82 percent from November 2022

26.01.2024 17:02

WB: net money transfers to Armenia in November 2023 were down 82 percent from November 2022

Net money transfers to Armenia in November 2023 were down 82 percent from November 2022 and 68 percent compared to October 2023, the World Bank says in its ‘Armenia Monthly Economic Update – January 2024

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Transnational organized crime group uncovered in Armenia: suspected of investment fraud

25.01.2024 14:42

Transnational organized crime group uncovered in Armenia: suspected of investment fraud

A transnational criminal group engaged in investment fraud has been uncovered in Armenia, the Interior Ministry said, calling it an “unprecedented case” in the country’s history

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Armenian government aproves project to attract foreign funds

18.01.2024 23:10

Armenian government aproves project to attract foreign funds

The Armenian government at a session on Thursday approved a project aimed at stimulating the entry of foreign investment funds into the Armenian market

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Central Bank of Armenia to conduct inspections at currency exchange points

17.01.2024 23:44

Central Bank of Armenia to conduct inspections at currency exchange points

From January 20 to December 31, 2024, the Financial Supervision and Licensing Department of the Central Bank of Armenia will conduct inspections in organizations licensed to buy and sell currency for compliance with the legislation

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IMF chief calls Armenia's financial performance in recent years impressive

17.01.2024 15:17

IMF chief calls Armenia's financial performance in recent years impressive

Armenia’s financial performance in recent years is impressive, Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva said at a meeting with Armenian President Vahagn Khachaturyan on the margins of the World Economic Forum in Davos

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Armenia's total state debt stood at $11.2 billion at the end of November 2023

11.01.2024 13:23

Armenia's total state debt stood at $11.2 billion at the end of November 2023

Armenia’s total state debt as of November 30, 2023 stood at a little over $11.2 billion, having risen by $91.3 million from the previous month, while on December 31, 2022, it was worth $10.6 billion, according to the National Statistical Committee

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Armenia records 12-month deflation of 0.6% in December 2023

09.01.2024 18:30

Armenia records 12-month deflation of 0.6% in December 2023

Armenia’s consumer market recorded a twelve-month deflation of 0.6% in December 2023, the National Statistical Committee (NSC) reports

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Viva-MTS: investments ensure sustainable development through innovative solutions

29.12.2023 23:11

Viva-MTS: investments ensure sustainable development through innovative solutions

Viva-MTS, being the leader in the field of information and telecommunication technologies (ICT) in Armenia, is implementing social investment projects based on its corporate social responsibility (CSR), the company’s press service reported

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The problem of high inflation in Armenia can be considered solved at the moment - Central Bank Governor

29.12.2023 13:45

The problem of high inflation in Armenia can be considered solved at the moment - Central Bank Governor

The low inflation rate we have had for a long period of time allows us to say that the problem of high inflation has been solved at the moment, Chairman of the Central Bank of Armenia Martin Galstyan said

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