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Economy
After cutting refinancing rate Central Bank of Armenia will aim to regulate demand and stabilize inflation
After cutting the refinancing rate the Central Bank of Armenia will be consistent in regulating the demand and stabilizing the inflation, the head of the regulator Martin Galstyan told a press conference on Tuesday.
13.09.2023, 09:25
Politics
Artsakh responds to illegal demands of Azerbaijani President
Just a few days ago, the President of the Republic of Artsakh (Nagorno-Karabakh) called on the people and authorities of Azerbaijan to end the hatred and genocidal policy towards the ethnic Armenian population of Artsakh, truly accept the principle of equality of peoples established by the international law and the title and rights of the indigenous Armenian people to Artsakh, Lusine Avanesyan, the spokesperson of Artsakh President, told Artsakhpress news agency in response to Azerbaijani President Ilham Aliyev's statement made on May 29 calling for the dissolution of the state attributes in Artsakh.
29.05.2023, 15:21
Business
Unibank becomes leader by the number of consumer loans
According to the data for 2022, Unibank provided the largest number of consumer loans in Armenia. Unibank also kept its top positions by the number and volume of POS loans.
10.03.2023, 18:11
Economy
Opposition MP questions Armenia's economic growth numbers
A member of the Armenian parliament Tadevos Avetisyan from the opposition Hayastan (Armenia) alliance downplayed today the authorities’ optimism regarding the economic growth last year saying 3/4 of the 14.2% expansion was prompted by the Ukrainian-Russian conflict that forced tens of thousands of mostly Russian nationals to arrive in Armenia, who brought their money and prompted a strong surge in demand.
07.02.2023, 18:14
Economy
Armenian Central Bank improves unemployment rate forecast for 2022
Armenia's Central Bank expects the annual unemployment rate in 2022 to be 14.1%, below the projected medium-term rate of 15%, due to positive economic developments, fueled partly by higher demand.
03.10.2022, 17:48
Tourism
Demand for flights from Russia to Armenia drops this spring by almost 37%- study
The demand for air tickets to travel from Russia to Armenia has dropped this spring by almost 37% compared to the same period last year, according to a study conducted by the travel planning service OneTwoTrip, cited by TASS.
26.05.2022, 10:12
Politics
Opposition conveys its demand to Pashinyan to resign
Several Armenian opposition parliament members arrived at parliament today to read out a formal demand that Prime Minister Nikol Pashinyan resign.
04.05.2022, 18:10
Business
Global demand for aluminum in 9 months increased by 12.8% to 51.9 million tons
The global demand for aluminum in the first nine months of this year increased by 12.8%, Russian news agency TASS reported citing a reported circulated by Russian Rusal at the Hong Kong Stock Exchange.
27.10.2021, 10:57
Economy
Armenian Central Bank predicts 7-7.3 percent growth for 2019
Armenia's Central Bank said in a report today that it expects the country's GDP to grow this year by 7-7.3%, saying the growth is being driven largely by domestic demand and high private spending.
26.12.2019, 19:27
Economy
OPEC upgraded its forecast for 2016 oil demand growth
The Organization of Petroleum Exporting Countries (OPEC) increased the global oil demand outlook by 30,000 barrels a day, TASS reported.
10.08.2016, 16:21
Economy
Armenia to have higher demand for actuaries year over year: finance minister
Demand for actuaries will be growing year over year in Armenia, acting finance minister Vache Gabrielyan said Monday at the opening of The Third CIS Congress of Actuaries in Yerevan, May 6-8.
06.05.2013, 16:13
Economy
Scientist finds EU’s demand to close Armenian nuclear power plant groundless
Rafael Harutyunyan, one of the world most prominent nuclear safety experts and the deputy CEO of Russia’s Institute of Safe Nuclear Energy, finds the European Union’s demand to close the Armenian Nuclear Power Plant groundless.
04.04.2013, 21:49
Politics
Armenia’s Constitutional Court declines demand to void results of presidential election
On Thursday, Armenia’s Constitutional Court declined the applications filed by Raffi Hovannisian, leader of Heritage party and the key rival to Armenian President Serzh Sargsyan in the recent presidential election, and Andrias Ghukasyan, another presidential candidate, against the Central Election Commission.
14.03.2013, 20:42
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Popular
Reforms aimed at diversifying exports, improving the business environment, strengthening governance, and advancing climate policy implementation are crucial for boosting economic resilience and increasing potential growth, said IMF Deputy Managing Director and Acting Chairman Bo Li.
IMF outlines measures to boost Armenia's economic resilience and growth
