Armenia's economy may show growth of around 6% in 2025 - Central Bank Board member

|

USD

390.9

EUR

444.61

RUB

4.7857

GEL

142.3

Economy

20.03.2025, 14:44

Surveys conducted by the Central Bank of Armenia among participants in the real sector indicate that economic growth is expected to stabilize at around 5% in the long term, with expectations for the current year slightly below 6%, said Levon Sahakyan, a member of the Central Bank Board.

Armenia's economy may show growth of around 6% in 2025 - Central Bank Board member

YEREVAN, March 20. /ARKA/. Surveys conducted by the Central Bank of Armenia among participants in the real sector indicate that economic growth is expected to stabilize at around 5% in the long term, with expectations for the current year slightly below 6%, said Levon Sahakyan, a member of the Central Bank Board.

“We can now say that the economy is entering a phase of stabilization after a period of high growth,” he stated at the III Capital Markets Armenia Conference, organized by Cbonds.
Economic growth in Armenia is projected at 5.1% in the 2025 state budget.

Armenia's state interests lie in its economic development - Pashinyan

Armenian Prime Minister Nikol Pashinyan, speaking at a business conference titled “Enhancing the Competitiveness of Armenia's Economy by Improving Policy and Governance,” said that this forum is dedicated to how the government and the private sector serve Armenia's state interests, recognizing that they lie in economic development.

18.04.2025 14:52

WB to provide $100 mln to Armenia to increase the role of tourism in economy and remove barriers

The World Bank Group’s Board of Executive Directors today approved a $100 million project to improve access to resilient infrastructure and strengthen the role of tourism in the economy of Armenia.

18.04.2025 12:17

1.6 million cubic meters of water accumulated in the first stage of filling the Vedi reservoir

1.6 million cubic meters of water have been accumulated in the first stage of filling the Vedi reservoir.

18.04.2025 11:58

Acba Leasing invests AMD 220 bln in 5 years in development of Armenian economy (video)

Acba Leasing proudly stands as the leading force in Armenia's leasing market and is excited to announce its role as the Main Partner for Leasing Expo 2025.

17.04.2025 17:45

Deputy Prime Minister of Armenia discussed macroeconomic results of 2024 and global trends with the EEC Minister

Deputy Prime Minister of Armenia Mher Grigoryan received Minister for Integration and Macroeconomics of the Eurasian Economic Commission Eldar Alisherov, the government press service reported.

17.04.2025 14:55

Pashinyan told what about 2 trillion drams confiscated as illegal property were used for

Around 2 trillion drams, confiscated as illegally acquired property, have been either redistributed among the population or invested in Armenia’s strategic development.

15.04.2025 12:45

Armenia's state budget revenues increased by 1.3 trillion drams in 2024 - Pashinyan

According to the results for 2024, Armenia’s state budget revenues have doubled, recording an increase of 1.3 trillion drams, Prime Minister Nikol Pashinyan announced in parliament on Tuesday.

15.04.2025 12:43

Friendship Bridge: Yerevan and Lyon sign three-year cooperation agreement

An agreement on decentralized three-year cooperation between Yerevan and Lyon was signed by the Mayor of the Armenian capital, Tigran Avinyan, the Mayor of Lyon, Grégory Doucet, and the President of the Lyon Metropolis, Bruno Bernard.

15.04.2025 10:25