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IMF does not expect Karabakh events to have impact on economic growth

06.04.2016 18:56

IMF does not expect Karabakh events to have impact on economic growth

YEREVAN, April 6. /ARKA/. Speaking at a news conference today in Yerevan, Hossein Samiei, International Monetary Fund (IMF) Mission Chief to Armenia, said the IMF does not expect a significant impact of the latest upsurge in violence in and around Nagorno-Karabakh on Armenia’s economic growth.

Mr. Samiei said the IMF did not have the opportunity to evaluate the economic implications of the violence since the fire cessation was agreed only on April 5. He said at this moment he did not expect these developments to have a big impact on economic growth.

Mr. Samiei expressed regret in connection with the growth of tension and loss of lives saying his hope is that peace would be restored.

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Moody’s expect Armenian real GDP growth to decelerate to 2.2% in 2016

22.03.2016 13:49

Moody’s expect Armenian real GDP growth to decelerate to 2.2% in 2016

Moody’s Investors Service said today that after benefiting from one-time boosting effects in the agriculture and mining sectors

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Economist: Armenia’s economy can no longer afford to depend on private money transfers

14.01.2016 14:53

Economist: Armenia’s economy can no longer afford to depend on private money transfers

Armenia’s economy can no longer afford to depend on private money transfers, Vardan Bostanjyan, an economist, said Wednesday at a news conference

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Fitch negative outlook for Armenian banks reflects general things in country’s economy

17.12.2015 13:24

Fitch negative outlook for Armenian banks reflects general things in country’s economy

Fitch Ratings’ negative outlook for Armenian banks reflects general things in the country’s economy, Samvel Chzmachyan, the chairman of the Union of Banks of Armenia, told ARKA News Agency

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Economic growth in Armenia believed to stand at 3.4-3.6% in 2015 – central bank

24.11.2015 17:15

Economic growth in Armenia believed to stand at 3.4-3.6% in 2015 – central bank

Economic growth in Armenia is believed to stand at 3.4-3.6% in 2015, the Central Bank of Armenia says in an inflation report based on its monetary policy program for the fourth quarter of this year and performance of the monetary policy in the third quarter

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External loans must be invested in paying projects, economist says

23.11.2015 19:06

External loans must be invested in paying projects, economist says

External funds attracted by the government of Armenia from international lending institutions must be invested in effective and paying projects, an economist Vardan Bostanjyan said today

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Total foreign investment into Armenia’s real economy in first half increase by 6% to 81.9 billion drams (about $171.5 million)

11.09.2015 15:36

Total foreign investment into Armenia’s real economy in first half increase by 6% to 81.9 billion drams (about $171.5 million)

Total foreign investments into the real sector of the Armenian economy (net flows resulting from the difference between the net inflows and outflows of foreign investment) in the first six months of 2015 amounted to 81.9 billion drams

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Three-week bank shutdown in Greek costs the country's economy 3.0 billion euros

18.07.2015 17:06

Three-week bank shutdown in Greek costs the country's economy 3.0 billion euros

The three-week bank shutdown in Greek has cost the country’s struggling economy 3.0 billion euros ($3.3 billion) not counting lost tourism revenue, the Kathimerini daily said Saturday citing commerce groups

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Armenian government should promote effective demand - newspaper

09.07.2015 16:05

Armenian government should promote effective demand - newspaper

The main aim of the Armenian government in the current situation is to promote effective demand

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Eurasec Anti-Crisis Fund renamed as Eurasian Fund for Stabilization and Development

02.07.2015 20:52

Eurasec Anti-Crisis Fund  renamed as Eurasian Fund for Stabilization and Development

On June 15, 2015, the Eurasian Economic Community’s (EurAsEC) Anti-Crisis Fund was renamed as the Eurasian Fund for Stabilization and Development (EFSD)

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