YEREVAN, March 25. / ARKA /. Armenia’s current account deficit of the balance of payments will increase to 9.2% of GDP in 2015, and drop to 8.3% in 2016, according to the Asian Development Outlook 2015 report, released by the Asian Development Bank (ADB).

According to the report, this forecast is related with considerable risk because of the strong influence of the Russian economy on Armenia. It says Russia accounts for a quarter of Armenian imports and exports and for more than 80% of remittances, as well as for more than 50% of foreign direct investment.

According to ADB, Armenia's current account deficit of balance of payments in 2014 was 8.5%, up from 8% in 2013.

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Tags: ADB, Armenia, payment

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The Asian Development Bank (ADB) expects inflation in Armenia to grow to 4.6% in 2015 and drop to 4.1% in 2016, says the Asian Development Outlook

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Tags: ADB, Armenia, INFLATION

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The Asian Development Bank (ADB) has approved a new country partnership strategy with Armenia which includes targeted support for infrastructure, urban development, and energy to underpin more resilient, inclusive and sustainable growth

Categories: Economy @en, General news, News, News of the hour | Comments Off on Asian Development Bank to provide $500 million assistance to Armenia in next five years

Tags: ADB, assistance, FINANCES

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The parliament of Armenia has approved today a loan agreement signed September 5 with the Asian Development Bank (ADB)

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Tags: ADB, Armenia, LOAN

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The International Bank for Reconstruction and Development (IBRD), a member of the World Bank Group and the Asian Development Bank (ADB) will provide Armenia with budget loans totaling $124 million

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Tags: ADB, government, IBRD, LOANS

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The Armenian Development Bank has announced today a new consumer loan called “Instant’ designed for clients with positive credit history and owing a real estate meeting the bank’s requirements

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Tags: ADB, Armenia, LOAN

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Armenian Development Bank has tripled its assets over three years to more than 70 billion drams, Karen Sargsyan, chairman of the bank’s board

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Tags: ADB, ASSETS, growth

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Investments by the Asian Development Bank (ADB) in various sectors in Armenia reached $750 million over the last 6-7 years

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Tags: ADB, Armenia, INVESTMENTS

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The Asian Development Bank (ADB) has provided Armenia with a $20 million loan for lending to small and medium-sized businesses , deputy economy minister Karine Minasyan told a government meeting on Thursday

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Tags: ADB, Armenia, milion

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About y 7.2% of shares of the Armenian Development Bank (ADB) traded at NASDAQ OMX Armenia stock exchange were sold today for 276,979, 040 drams. The exchange said a total of 56,758 ordinary shares were sold at 4,880 drams each. Overall the bank trades 792,685 ordinary shares at Nasdaq OMX Armenia worth 4.35 billion drams

Categories: Bonds.am @en @en, General news, News, News of the hour | Comments Off on Seven percent of ADB shares sold at 276 million drams

Tags: ADB, Armenia, DRAMS

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