Economy
2019-09-17 17:16:46 Inflation risks lessened in Armenia for next five years by public confidence in government
Inflation risks lessened in Armenia for next five years by public confidence in governmentPublic confidence in the government lessened a great deal inflation risks in Armenia for the next five years, Armenian Prime Minister Nikol Pashinyan said Monday at a news conference in Vanadzor
2019-09-17 17:15:33 Armenia's foreign debt dropped by $120 million months over past 15 months
Armenia's foreign debt dropped by $120 million months over  past 15 monthsArmenia’s foreign debt dropped by $120 million over the past 15 months, Prime Minister Nikol Pashinyan said at a press conference in Vanadzor on Monday
2019-09-11 19:31:07 EDB: Armenian economy speeds up growth
EDB: Armenian economy speeds up growth

YEREVAN, September 11. /ARKA/. Armenia’s economic activity index increased by 8.1% in July 2019 as opposed to the same month of 2018. Compared with June 2019, the figure upped by 3.4%, the Eurasian Development Bank (EDB) said. Konstantin Fedorov, head of an EDB unit, in charge of economic analyses, said the growth could have been […]

2019-09-11 18:59:51 Armenia's debt shrinks thanks to effective spending of public means
Armenia's debt shrinks thanks to effective spending of public means

YEREVAN, September 11. /ARKA/. Armenia’s public debt has shrunk, Armenian Prime Minister Nikol Pashinyan reported Wednesday on his Facebook page. This is the first time since 2015 the country accounts for reduction of its public debt, he says. Although the reduction of the public debt is not goal in itself, he says, but effective spending […]

2019-09-10 18:42:57 Armenia's Central Bank cuts key refinancing rate by 0.25 percentage points to 5.5%
Armenia's Central Bank cuts key refinancing rate by 0.25 percentage points to 5.5%

YEREVAN, September 10. /ARKA/. Armenia’s Central Bank has decided today to cut its key refinancing rate by 0.25 percentage points setting it at 5.5%. It said in August 2019, prices dropped by 0.4%, facilitated largely by a higher seasonal decline in agricultural produces’ prices. As a result, the 12-month inflation continued to decline, reaching 0.6% […]

2019-09-09 20:32:15 Armenian resort town to host international conference on macroeconomic modeling
Armenian resort town to host international conference on macroeconomic modeling

YEREVAN, September 9. /ARKA/. The Training and Research Center of Armenia’s Central Bank in the resort town of Dilijan in the province of Tavush will host the 22nd conference on macroeconomic modeling. The gathering’s theme that will run from September 11 through September 14 is Advancing the Frontiers of Monetary Policy. “The purpose of the […]