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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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Net money transfers in Armenia dropped by 63.3 percent (yoy) in February

19.04.2024 15:33

Net money transfers in Armenia dropped by 63.3 percent (yoy) in February

 Net money transfers dropped by 63.3 percent (yoy) in February but were almost 4 times higher than in the previous month, according to World bank’s Armenia monthly economic update – April 2024.

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Central Bank of Armenia leaves anti-cyclical capital buffer unchanged

18.04.2024 18:51

Central Bank of Armenia leaves anti-cyclical capital buffer unchanged

Armenia’s Central Bank decided to leave the countercyclical capital buffer (CCB) unchanged at 1.5%.

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Central Bank or Armenian government did not dream of banning Mir cards in Armenia" - MP

18.04.2024 14:00

Central Bank or Armenian government did not dream of banning Mir cards in Armenia

Neither the Central Bank nor the Armenian government dreamed of banning Russian Mir cards on the territory of Armenia, Babken Tunyan, deputy chairman of the  National Assembly Committee on Economic Affairs, said today.

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Acba Leasing partners with Giacomo company to help establish production of solar water heaters in Armenia (VIDEO)

17.04.2024 14:24

Acba Leasing partners with Giacomo company to help establish production of solar water heaters in Armenia (VIDEO)

The Giacomo Company has established a unique production of solar water heaters in Vostan village of Ararat region, Acba Bank’s press service reports.

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EDB: appreciation of Armenian dram limits demand for export of most goods and services

12.04.2024 22:02

EDB: appreciation of Armenian dram limits demand for export of most goods and services

The appreciation of Armenia’s national currency limits the demand for exports of most goods and services, the Eurasian Development Bank (EDB) says in its latest macroeconomic review.

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Charles Aznavour's art will be presented in a new and unique way

11.04.2024 23:42

Charles Aznavour's art will be presented in a new and unique way

Acba Bank, Hayastan All-Armenian Fund and the State Symphony Orchestra of Armenia have partnered to make it possible to listen to the best works of the world-famous chansonist, the great Armenian Charles Aznavour, with a symphonic performance.

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Armenia's public debt to remain within 55% of GDP in 2024 in the absence of currency shocks – ADB

11.04.2024 23:41

Armenia's public debt to remain within 55% of GDP in 2024 in the absence of currency shocks – ADB

Armenia’s public debt will remain at a manageable level within 55% of GDP in 2024 if there are no currency shocks, Grigor Gyurjian, Senior Economist at the Asian Development Bank’s (ADB) Armenia Resident Mission, told a press conference on Thursday.

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Asian Development Bank invested $1.9 bln in Armenian economy over 19 years.

11.04.2024 23:40

Asian Development Bank invested $1.9 bln in Armenian economy over 19 years.

The Asian Development Bank (ADB) has invested $1.9 billion in Armenia’s economy since the launch of its cooperation with Armenia, Luke Forchtman, Deputy Director of the Asian Development Bank’s Armenia Resident Mission, told a press conference today.

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Armenia's inflation will be 3% in 2024 and 3.5% in 2025 - ADB

11.04.2024 23:36

Armenia's inflation will be 3% in 2024 and 3.5% in 2025 - ADB

Inflation in Armenia will amount to 3% in 2024 and accelerate to 3.5% in 2025 under the conditions of monetary policy easing, Luke Fotchman, Deputy Director of the Asian Development Bank’s Armenia Resident Mission, told a press conference today.

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