All news related to Economy @en

Armenian government to make every effort to ensure growth in 2015 – minister

11.06.2015 19:19

Armenian government to make every effort to ensure growth in 2015 – minister

YEREVAN, June 11. /ARKA/. Armenia’s government will make every effort to minimize external risks and achieve economic growth in the country as of the end of 2015, Armenia’s minister of finance Gagik Khachatryan said in his interview to “Golos Armeniyi” newspaper.

For this, programs that boost exports are implemented and tax, budget and monetary-credit policies are used for coordination, Khachatryan said. Time will show to what extent the aim will be achieved, he added.

The minister reminded that at the end of 2014 some international organizations projected a decline in the Armenian economy by the end of 2015 due to global processes and unfavorable factors from partner countries, Russia in particular.

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Foreign investments in real economy, attracted by private companies in 2014 grew by 1.34 percent to 60.1 billion drams

30.05.2015 11:13

Foreign investments in real economy, attracted by private companies in 2014 grew by 1.34 percent to 60.1 billion drams

Foreign investments in Armenia’s real economy, attracted by private companies in 2014, amounted to about 60.1 billion drams, a 1.34% rise form the previous year

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Two-digit decline still a threat for Armenian economy – newspaper

12.05.2015 16:01

Two-digit decline still a threat for Armenian economy – newspaper

A two-digit economic decline is still a threat to the Armenian economy, ex-head of Armenia’s central bank Bagrat Asatryan said in his interview to Zhamanak (Time) newspaper

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Bagrat Asatryan says government should revise this year's budget

10.04.2015 17:01

Bagrat Asatryan says government should revise this year's budget

The Armenian government should revise completely the 2015 budget, a former head of the Central Bank Bagrat Asatryan told a news conference today

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IMF expects slow recovery of Armenian economy in the next 2-4 years

08.04.2015 20:59

IMF expects slow recovery of Armenian economy in the next 2-4 years

The International Monetary Fund (IMF) expects a slow recovery of the Armenian economy in the next 2-4 years predicting also a 3-3.5% GDP growth, down from its earlier predicted 4.5-5% medium-term growth

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Mester: Federal reserve may raise rates in June

24.03.2015 12:09

Mester: Federal reserve may raise rates in June

The U.S. economy is strengthening and an interest rate increase in June remains a possibility, Federal Reserve Bank of Cleveland President Loretta Mester said in an interview on Bloomberg Television in Paris on Monday

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Armenian banks’ credit investments in resident economy drop to AMD 1. 9 trln in January

11.03.2015 15:32

Armenian banks’ credit investments in resident economy drop to AMD 1. 9 trln in January

Loans extended by Armenian commercial banks to residents totaled AMD 1,976 billion drams as of the end of January, a decline of 1.7% over the month, the Central Bank of Armenia reports at its official website

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Some 10-12 banks sufficient for Armenian economy - opinion

18.02.2015 12:29

Some 10-12 banks sufficient for Armenian economy - opinion

Optimal number of banks serving the Armenian economy should not exceed 10-12, chairman of board and general director of Ameriabank Artak Anesyan said

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VTB: 2015 to be hardest year for russian economy

21.01.2015 18:43

VTB: 2015 to be hardest year for russian economy

Andrey Kostin, chairman of Russia’s VTB Group, says 2015 will be the hardest year for Russian economy

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Expected consolidation of banks in Armenia to have no positive impacts on country's economy - Economist

15.01.2015 20:14

Expected consolidation of banks in Armenia to have no positive impacts on country's economy - Economist

The expected consolidation of banks in Armenia will have no positive impacts on the country’s economy, Vardan Bostanjyan, an economist, said Thursday at a news conference

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