#REVISION
Armenian central bank’s downward revision of economic growth for 2020 prompted by negative expectations in all sectors
Armenian Central Bank’s economic growth forecast for 2022 has been revised downward to 1.6% from an earlier projection of 5.3%, the regulator said in a recurrent review on its inflation and monetary policy program.Fitch revises down its growth projection for Armenia for 2022 to 1.3% from previous 5.3%
The headwinds associated with the Ukraine conflict and sanctions on Russia have caused Fitch Ratings to revise down its growth projection for Armenia for 2022 sharply to 1.3% (previously 5.3%), as export growth (particularly to Russia) stalls, and remittances (and hence household consumption) decline.Pashinyan: Russian Gazprom needs to revise the price of natural gas shipped to Armenia
Citing the global economic crisis, triggered by coronavirus pandemic that has dropped sharply the international oil prices, which in turn determine the cost of natural gas, Armenian Prime Minister Nikol Pashinyan has reiterated today his government's position that Russian Gazprom needs to reconsider its approach to determining the price of natural gas it ships to Armenia across GeorgiaGazprom Armenia to seek rise in the price of natural gas for households
Armenia's national Russian-owned natural gas distributing company Gazprom-Armenia said today it will ask the Public Services Regulatory Commission (PSRC) to allow it to revise the prices of natural gas supplied to various categories of consumers.News 1 - 20 of 30
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