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EDB: Armenian economy speeds up growth

11.09.2019 19:31

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 driven by agriculture, where output growth is forecasted for the second half of 2019.

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Armenian economy minister discusses with World Bank representatives trade development prospects

25.07.2019 11:19

Armenian economy minister discusses with World Bank representatives trade development prospects

Armenian Economy Minister Tigran Khachatryan met with representatives of the World Bank’s Trade Promotion and Quality Infrastructure program on Tuesday and discussed with them the criteria and studies arranged yet with the previous mission

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Armenian central bank has no connection with ‘Banks, Loans, Investments and Economy’ expo

15.11.2018 14:21

Armenian central bank has no connection with ‘Banks, Loans, Investments and Economy’ expo

The Central Bank of Armenia reported Wednesday that it has no connection with the expo ‘Banks, Loans, Investments and Economy’, despite the event organizers has used the logo of the regulator

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Armenian economy not threatened, minister says

17.05.2018 18:56

Armenian economy not threatened, minister says

Armenia’s economic performance can not deteriorate to an extent as to pose a threat to the government, Minister of Economic Development and Investments Artsvik Minasyan said today

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IMF estimates Armenia’s informal economy at 36% of GDP

07.02.2018 16:59

IMF estimates Armenia’s informal economy at 36% of GDP

A recent study by the International Monetary Fund (IMF) titled, ‘Shadow Economies Around the World: What Did We Learn Over the Last 20 Years?’ estimates Armenia’s informal (shadow) economy at 36% of its overall GDP

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Armenian entrepreneurs prefer bank deposits to investment in real economy – economist

18.07.2017 18:00

Armenian entrepreneurs prefer bank deposits to investment in real economy – economist

Armenian business people prefer bank deposits to investment in the real economy, Artak Manukyan, an economist, told reporters on Monday

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Foreign direct investments in Armenian economy grew by 30% in quarter one, 2017

31.05.2017 17:45

Foreign direct investments in Armenian economy grew by 30% in quarter one, 2017

Foreign direct investments (FDI) into the Armenian economy in the first quarter of 2017 amounted to the equivalent of 19.743.2 billion drams, up from 14.987.2 billion drams in the same time span of 2016, an increase of 31%, the National Statistical Service (NSS) reported today

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Equalizing volumes of deposits and lending carries risk for Armenian economy

13.02.2017 18:08

Equalizing volumes of deposits and lending carries risk for Armenian economy

The volume of deposits at Armenian commercial banks is almost comparable with their overall lending, which carries some risks for the economy, economist Vilen Khachatryan told a news conference last Friday

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No threat of default- deputy central bank chairman says

07.02.2017 19:12

No threat of default- deputy central bank chairman says

Armenian Central Bank’s deputy chairman Nerses Yeritsyan has shrugged off today allegations by Hrant Bagratyan, a lawmaker from the oppositional Armenian National Congress (HAK) that Armenia has approached the verge of default

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Economic growth is projected at 3.2% in Armenia’s 2017 draft government budget

31.10.2016 15:33

Economic growth is projected at 3.2% in Armenia’s 2017 draft government budget

In Armenia’s draft government budget for 2017, economic growth is projected at 3.2%, Karen Karapetyan, Armenian prime minister, said Monday while presenting the draft budget to the parliamentary commissions

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