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Economy
18:37 16/03/2021Central Bank chief: A large number of loans of killed Armenian soldiers and their relatives written offA large number of loans of Armenian soldiers killed in the recent Artsakh war and their relatives were written off, Chairman of Armenia’s Central Bank Martin Galstyan told a news conference on...
13:45 16/03/2021Central Bank held its refinancing rate steady at 5.5 percentThe Board of Central Bank of Armenia (CBA) decided to leave the Refinancing Rate of CBA unchanged, at 5.5 percent.
12:01 13/03/2021International Exhibition "ArmHiTec" canceled amid Covid-19 concernsArmenia's Ministry of High Technology Industry has canceled the 3-rd International Exhibition of Arms and Defence Technologies "ArmHiTec-2021" due to the deterioration of the epidemiological...
10:54 06/03/2021Joe Biden extends US National Emergency, sanctions against IranUS President Joe Biden on Friday extended for another year the national emergency declared with respect to Iran in the year 1995, the White House announced.
19:41 05/03/2021Global Finance names Ameriabank Best Investment Bank of the year in ArmeniaAmeriabank has won Global Finance’s “Investment Bank of the Year 2021” nomination, the Bank said in a statement.
16:11 05/03/2021Turkey excluded from EAEU tariff preferences systemTurkey was excluded from the system of tariff preferences of the Eurasian Economic Union (EAEU), at the request of Armenia.
18:29 04/03/2021Lawmaker: Around 300 employees of Sotk mine facing layoffsAfter the recent war in Artsakh, employees of the Sotk gold mine have found themselves in a forced downtime, as the mine is not operating at full capacity, independent MP Taguhi Tovmasyan said at a...
12:48 01/03/2021Trilateral working group on Nagorno-Karabakh to hold a meeting via video-conferenceThe fourth meeting of the trilateral working group (Russia, Azerbaijan, Armenia) on Nagorno-Karabakh at the level of deputy prime ministers will be held on March 1 in a video conference mode,...
12:04 01/03/2021All key socio-economic indicators drop in Armenia in 2020Armenia's economic activity has dropped by 7.5% in January 2021 to compare with January 2020 data, according to the summery of preliminary, operative data released by the Statistical Committee of the...
11:37 25/02/2021USAID announced $2.65 million in additional funding to strengthen Armenia’s agricultural sectorOn February 24, 2021, USAID announced $2.65 million in additional funding to expand the scope of two projects that work to strengthen Armenia’s agricultural sector to include more targeted support...
19:42 23/02/2021Mikayel Minasyan: Armenia's economy on the brink of default"There is a real risk that the Armenian economy may occur on the brink of default," Armenia's former Ambassador to the Holy See Mikayel Minasyan wrote on his Telegram channel, commenting on the...
14:12 22/02/2021Economist attributes Armenia’s defeat in recent war, territorial losses also to wrong socio-economic policyBoth the current and former state systems in Armenia have completely failed, economist Suren Parsyan, head of the ARF Bureau's Economic Research Office, told a discussion hosted by the For Social...
12:52 22/02/2021Bitcoin keeps hitting new highs after Tesla backingMuch talked-about cryptocurrency bitcoin has continued to hit record highs having broken through $50,000 (£35,700) last week, BBC News reports.
14:54 19/02/2021Armenia’s imports, exports fell significantly in 2020, SRC official saysArmenia saw a significant decrease in both imports and exports volumes in 2020, according to Head of the Customs Statistics and Revenue Registration Department of the State Revenue Committee (SRC),...
16:49 17/02/2021Economist presents data on gas prices in Armenia during tenure of three leadersEconomist Suren Parsyan, the head of the Economic Research Office of the ARF Bureau, has presented data on the Russian natural gas tariffs in Armenia during the tenure of three leaders – Robert...
17:31 16/02/2021Economist presents unemployment rate in Armenia during tenure of three leadersEconomist Suren Parsyan, the head of the Economic Research Office of the ARF Bureau, has presented the unemployment rate in Armenia during the tenure of three leaders – Robert Kocharyan, Serzh...
15:38 15/02/2021Turkish lira strengthens past 7 per dollar to six-month highTurkey’s lira strengthened through 7 per dollar to its highest level since early August, benefitting from a surge in investor interest in emerging markets, Ahval news outlet reported.
14:46 15/02/2021Economist: At least 12 Armenian universities among country’s top taxpayersEconomist Ara Galoyan took to Facebook on Sunday to denounce the state policies towards universities, highlighting the fact that they are among the 1,000 biggest taxpayers of the country.
15:03 13/02/2021Facebook reportedly building smartwatch with health featuresFacebook Inc is building a smartwatch that will let users send messages and also offer health and fitness features, The Information reported on Friday, citing people with direct knowledge of the...
13:00 13/02/2021Armenia’s carpet production drops sharply in 2020Armenia saw a sharp decline of 76.5% in production of carpets and rugs in 2020, the latest official statistics show.