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WB: some 48% of adult population of Armenia had bank accounts in 2018

05.04.2019 20:57

WB: some 48% of adult population of Armenia had bank accounts in 2018

YEREVAN, April 5. /ARKA /. Economic growth in the Europe and Central Asia region slowed to 3.1% in 2018, and is projected to decline to 2.1% in 2019, amid slowing global growth and uncertain prospects, according to the World Bank’s Economic Update for Europe and Central Asia, released today.

Growth in countries across the region varied. Upward revisions to GDP data for Russia, the largest economy in the region, contributed strongly to regional growth, alongside accelerating growth in Albania, Hungary, Poland, and Serbia. Meanwhile, Turkey experienced a severe slowdown, triggered by financial market and currency pressures – growth is forecast at 1.0% for 2019, a major decline from 7.4% in 2017.

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WB and IMF experts to assess Armenian banking sector’s stability

24.05.2018 13:19

WB and IMF experts to assess Armenian banking sector’s stability

The World Bank and the International Monetary Fund experts are conducting an assessment of the Armenian banking system’s financial stability, Arthur Javadyan, the central bank chairman, said Wednesday in the National Assembly

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Armenian central bank head off to Washington for IMF and WB meeting

12.10.2017 17:33

Armenian central bank head off to Washington for IMF and WB meeting

The chairman of the Central Bank of Armenia Artur Javadyan has left for Washington, USA, to participate in the annual meeting of the Directors of the International Monetary Fund and the World Bank, the press service of the Armenian Central Bank reported

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Central bank issues commemorative coin dedicated to 25th anniversary of Armenia’s membership in WB and IMF

15.05.2017 17:14

Central bank issues commemorative coin dedicated to 25th anniversary of Armenia’s membership in WB and IMF

The Central Bank of Armenia issued a commemorative coin dedicated to the 25th anniversary of the country’s membership in the World Bank and the International Monetary Fund

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WB downgrades 2015 Armenia economy growth forecast

14.01.2015 17:36

WB downgrades 2015 Armenia economy growth forecast

The World Bank is currently projecting a 3.3% economic growth for Armenia for 2015 as compared to 5% before, according to WB’s Global Economic Prospects report released this January

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WB invested about $2 billion in Armenia’s economy in more than 20 years - minister

16.10.2014 12:01

WB invested about $2 billion in Armenia’s economy in more than 20 years - minister

YEREVAN, October 16. /ARKA/. World Bank’s investments in the Armenian economy in more than 20 years totaled about $2 billion, Armenia’s minister of economy Karen Chshmarityan told reporters on Wednesday. Funds were spent mainly on structural and institutional reforms to boost economic development and form market economy, the minister said. During implementation, improvement of living […]

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EDB and WB to implement irrigation modernization and institutional capacity building project in Armenia

05.12.2013 19:30

EDB and WB to implement irrigation modernization and institutional capacity building project in Armenia

The Eurasian Development Bank (EDB) serving as the Trustee for the Anti-Crisis Fund of the Eurasian Economic Community (ACF) and the World Bank signed December 4 a cooperation agreement to support the preparation and implementation of the “Irrigation Modernization and Institutional Capacity

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Issuing eurobonds great achievement for Armenia: WB

20.11.2013 14:22

Issuing eurobonds great achievement for Armenia: WB

Armenia’s issue of Eurobonds and coming to international capital market is a great achievement, World Bank regional director for the South Caucasus Henry Kerali said

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Armenia’s Finance Ministry and WB sign $45-mln credit agreement for rural roads restoration

11.02.2013 17:42

Armenia’s Finance Ministry and WB sign $45-mln credit agreement for rural roads restoration

Armenia’s Finance Minister Vache Gabrielyan and Head of World Bank Yerevan Office Jean-Michel Happi signed Monday a $45-million credit agreement

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Chairman of Armenia’s Central Bank off to Japan for IMF and WB meetings

08.10.2012 20:33

Chairman of Armenia’s Central Bank off to Japan for IMF and WB meetings

The chairman of Armenia’s Central Bank, Arthur Javadyan, will be visiting Tokyo on October 8-12 to attend the annual meeting of the

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