All news related to Economy

Armenian economy not threatened, minister says

17.05.2018 18:56

Armenian economy not threatened, minister says

YEREVAN, May 17. /ARKA/. 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.

"It takes time to collect and analyze all the operational data, but I can state that there is no deterioration of economic indicators that could threaten Armenia. Moreover, today the situation is such that many foreigners are trying to invest in Armenia," he said after a Cabinet meeting.

Minasyan also noted that the new program of the government, which will soon be submitted for approval by the National Assembly, will also include new elements of economic policy, including measures to eliminate monopolies.

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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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Armenian central bank’s total external liabilities in July 2016 stood at $624.5 million

29.09.2016 16:31

Armenian central bank’s total external liabilities in July 2016 stood at $624.5 million

Armenian Central Bank’s total external liabilities in July 2016 stood at $624.5 million, having increased by 0.5% from the previous month, according to the regulator’s monthly bulletin for July 2016

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The enthusiast of Armenian honey-making

14.09.2016 17:44

The enthusiast of Armenian honey-making

Businessmen, who have arrived to their homeland continue to replenish the Armenian economy with their experience, innovative thinking and unique approaches

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Central bank- revaluation of dram causes no concern

08.06.2016 15:22

Central bank- revaluation of dram causes no concern

The chairman of the Armenian Central Bank Artur Javadyan downplayed Tuesday concerns that the revaluation of the national currency, the dram, may cause damage to the economy

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