#FUND
Sports funding in Armenia has more than quadrupled since 2018: Minister
Sports funding in Armenia has more than quadrupled compared to 2018, exceeding 15 billion drams (approximately $39.7 million), announced RA Minister of Education, Science, Culture, and Sports Zhanna Andreasyan.EU-Armenia SME Fund invested $6 million in Bacon Holding to spur growth and strengthen its market position
EU-Armenia SME Fund, a private equity fund managed by Amber Capital Armenia, has acquired a significant minority stake in Bacon Holding CJSC, the holding company of Bacon Product LLC, a leading Armenian producer and processor of meat products and convenience foods.More than 1.8 billion drams of budget funds will be allocated in Armenia for the construction and equipping of schools and kindergartens
A reallocation of over 1.854 billion drams is set to occur from Armenia's 2025 state budget as part of the "Construction, Reconstruction, and Equipping of 300 Schools and 500 Kindergartens" initiative, as announced by Artur Martirosyan, the Deputy Minister of Education, Science, Culture, and Sports.EU-Armenia SME Fund, managed by Amber Capital Armenia, invests USD 4 million in Auto Gallery
EU-Armenia SME Fund is investing USD 4 million in Auto Gallery CJSC. The investment proceeds will support the company’s expansion projects and assist in improving its environmental, social and corporate governance practices, while creating new employment opportunities in the country.IMF Predicts Armenia's GDP Growth to Rebound to 4.5%, Cautions on Potential Risks
The International Monetary Fund (IMF) anticipates that Armenia's real GDP growth will maintain its strength, eventually aligning with a potential growth rate of 4.5% by 2025 as trade and services stabilize and inflation aligns with the Central Bank of Armenia's targets.Untapped potential: TCF co-founder on opportunities and prospects of crowdfunding in Armenia (EXCLUSIVE)
Crowdfunding as a financing tool is rapidly developing in the world, but in Armenia its potential remains underutilized. Narek Vardanyan, co-founder and director of TCF Company, told ARKA News Agency in an exclusive interview about how the situation can be changed and what are the prospects of crowdfunding in Armenia.Nearly 4,000 Armenian citizens took advantage of social credit system to receive compensation for education and medical expenses
The system of social refunds (so-called “social credits”) is applied in Armenia in parallel with the introduction process of universal income declaration system, Armenian Deputy Finance Minister Arman Poghosyan said.Pension funds in Armenia will be allowed to increase investments in economies of other countries
Armenia’s National Assembly has approved today in the first reading a draft law designed by the Central Bank, which proposes to double the amount of investments that Armenian pension funds can make in other countries.Profitability of Armenian pension funds reached 7.8% - Central Bank of Armenia
The profitability of Armenian pension funds is estimated at approximately 7.8%, Vigen Shahnazaryan, Head of the Securities Market Department of the Central Bank of Armenia, said in an interview with Public Television of Armenia.Eurasian Fund for Stabilization and Development to be involved in Armenia’s infrastructure projects
Armenia’s Vice Prime Minister Mher Grigoryan and Managing Director of the Eurasian Fund for Stabilization and Development (EFSD) Andrey Shirokov discussed the Fund’s involvement in Armenia’s infrastructure projects, the press service of the Armenian government reported on Tuesday.News 1 - 20 of 213
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