ArmInfo.The International Monetary Fund (IMF) has improved its forecast for Armenia's GDP for
2024 from the previous 5% to an updated 6% (versus actual 8.7% growth in 2023), with a slowdown to 5.2% in 2025. This is noted in the IMF World Economic Outlook, April 2024; Steady but Slow: Resilience amid
Divergenc."
ArmInfo.On April 17, Deputy Prime Minister of the Republic of Armenia Tigran Khachatryan received
Philippe Guitard, the Senior Executive Vice President of Central & Eastern Europe at Veolia Environnement. The meeting was also attended by Deputy Minister of Territorial Administration and Infrastructure Vache Terteryan and General Director of Veolia Djur Marianna Shahinyan.
ArmInfo. On April 17, Converse Bank began the initial placement of dram and dollar bonds in the
amount of 5 billion drams and $10 million in 2024. This is noted in the Bank's statement.
ArmInfo. Leasing EXPO -2024, the specialized exhibition opened its doors in Yerevan, which brought together 70 brands producing equipment and machinery for more than 12 industries under one roof. The exhibition is organized by the Lessors' Association of Armenia and the Big Projects company.
ArmInfo.As part of a pilot program to introduce an agricultural insurance system, the Armenian government will not only subsidize insurance premiums, but will also compensate the costs of insurance companies if a certain threshold of insurance payments is exceeded.
ArmInfo.The Asian Development Bank (ADB) intends to expand its areas of activity in Armenia. Luke
Fochtman, Deputy Country Director of ADB (Asian Development Bank )Armenia Resident Mission stated this during a press conference on April 11, presenting the ADO (Asian Development Outlook).
ArmInfo. The European Investment Bank (EIB) will provide Armenia with a loan of 25 million euros for the implementation of the second stage of the program to improve the energy efficiency of buildings and structures in Yerevan.
ArmInfo. The European Investment Bank (EIB) will provide Armenia with a loan of 25 million
euros for the implementation of the second stage of the program to improve the energy efficiency of buildings and structures in Yerevan.
ArmInfo. Armenia is considering appointing an attach‚ in Silicon Valle. Minister of High-Technological Industry of Armenia, Mkhitar Hayrapetyan, stated this during a press conference on April 15.
ArmInfo. Prime Minister Nikol Pashinyan does not agree with the assurances that IT specialists are leaving Armenia en masse.
ArmInfo. The average market price of apartments in the regions of Armenia in 2023 increased by 13.4%, amounting to 130.8 thousand AMD/1 sq.m.
ArmInfo. At the end of 2023, the average market value of real estate in apartment buildings in Yerevan increased by 10.3% year-on-year, amounting to 425.3thousand AMD/1 sq.m. According to data from the State Committee of the Real Estate Cadastre of the Republic of Armenia, the highest prices for apartments in Yerevan are traditionally held by the Kentron (Center) community - on average 837.7 thousand AMD/1 sq.m. (y-o-y growth of 13.5%).