#RISK
Grapes and apricots safe: Armenia adopts program of subsidizing agro-insurance
The Armenian government at a session on Thursday adopted a decision introducing a system of subsidizing agro-insurance for 13 types of crops against four types of risks - spring frost, drought, hail and fireEstablishment of lasting peace in the region will lead to lower risk premiums, says chairman of Central Bank of Armenia
Establishment of a just and lasting peace will lead to a decline in the risk premiums across the entire region, Central Bank of Armenia Chairman Martin Galstyan said when speaking at the "Amundi-Acba 2024 Economic Forum".Ex-finance minister calls Armenia's draft state budget for 2024 'impressive', but points to capex risks
In an interview with Novosti Armenia news agency Armenia's former finance minister Vardan Aramyan said at first glance capital expenditure, GDP growth and projected tax-to-GDP ratio indicators earmarked by the government in its draft budget for 2024 seem to be impressive and ambitious and the budget deficit manageable.Ex- finance minister points out risks for Armenian economy from opening of regional communications
Classical economic theory indicates that trade integration or trade with neighbors has a positive impact on the well-being of the population, ex-finance minister of Armenia Vardan Aramyan said in the Special Opinion program on the YouTube channel of Novosti-Armenia news agency.Nagorno-Karabakh: any meeting on Azerbaijani territory is risky
Any meeting in the territory of Azerbaijan, moreover, without the involvement of international mediators, is greatly risky, especially considering the fact of kidnapping Vagif Khachatryan, who was under the mandate of the ICRC, in the presence of the Russian peacekeepers, the Nagorno-Karabakh Foreign Ministry said in a statement.Mining industry's risks are manageable by government, companies and all stakeholders – Vardan Janyan
Speaking at a press conference on Monday, the Head of the Union of Miners and Metallurgists and First Deputy CEO of Zangezur Copper and Molybdenum Combine Vardan Janyan pointed out that billions of dollars have been invested in the mining and metallurgical industry of Armenia, in building of economic infrastructures and training of personnel.Another temperature record to be broken in Yerevan; then the heatwave will recede
Due to the penetration of hot tropical airwaves from Iraq into Armenia the daytime temperatures in the Ararat Valley, in lower parts of Aragatsotn and Vayots Dzor provinces as well as in the capital Yerevan will soar to 38-40 degrees Celsius on September 1-4.Armenia's economic activity growth contains risks- former finance minister
In a comment on the International Monetary Fund's (IMF) latest World Economic Outlook report for July 2022, Armenia's former finance minister Vardan Aramyan said global developments and IMF’s forecasts reinforce his belief that Armenia's economic activity growth of 11.8% in the first half of the year carries significant risks.Economist points out huge risks for Armenia from open border with Turkey
The open border with Turkey poses geopolitical and economic risks for Armenia, economist and senior researcher at the Caucasus Institute in Yerevan Hrant Mikayelyan said speaking in the podcast of the Novosti-Armenia telegram channel.HSBC Armenia announces Evolve roll out in the local market to facilitate foreign exchange trading for corporate clients
Inspired by the changing environment in the spheres of execution, risk management, treasury and more, HSBC Bank Armenia cjsc (HSBC Armenia) has enriched its electronic trading capabilities to help clients experience a seamless execution service.Armenia considered very high risk area: European entry ban in effect for some people in Armenia
Starting from October 29, Armenia is considered a very high risk area, hence new regulations for traveling to the Netherlands from Armenia have been imposed, the Netherlands Embassy in Armenia said today.Central Bank: Armenia's long-term growth potential risked
Due to the coronavirus pandemic, the martial law the Armenian government declared after Azerbaijani offensive against Nagorno-Karabakh, as well as the increased uncertainties about economic development prospects lower-than-expected economic activity was recorded in Armenia in the 4th quarter of 2020 against the backdrop of weak domestic demand, Armenia's Central Bank's Board said on Tuesday.News 1 - 20 of 35
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