ArmInfo. According to the new  forecast of the Central Bank for 2023, the unemployment rate will be  below 13% (against the actual 13% in 2022), while according to its  previous forecast (September), the bank expected an increase of up to  14%. But in the medium term, in parallel with the recovery in demand,  the unemployment rate will stabilize near its long-term sustainable  level of 15%. This is noted in the Central Bank's Monetary Policy  Program (MPP) for Q4 2023, published at the end of December, where  GDP growth expectations for 2023 indicate a less noticeable slowdown  in rates to 8.3% (from 12.6% in 2022) and further to 6.1% in 2024 and  5.7% in 2025.

ArmInfo. AraratBank has been awarded the Best CSR Bank Armenia 2023 in the Global Banking & Finance Review awards 2023. This reputable award underscores the Bank's responsibility and commitment to the values of corporate social responsibility.

ArmInfo. Average y-o-y official inflation in Armenia will decrease to 2% in 2023, from 8.6% in 2022, but will then increase to 2.6% in 2024 and 3.5% in 2025. This is noted in the Central Bank's Monetary Policy Program (MPP) for Q4 2023, published at the end of December, where GDP growth expectations for 2023 indicate a less noticeable slowdown in rates to 8.3% (from 12.6% in 2022) and further to 6.1% in 2024 and 5.7% in 2025.

ArmInfo. The Central Bank of Armenia forecasts a decline in export and import volumes by 9.5% and 7.3% for 2024, after a sharp slowdown in growth in 2023 to 22.1- 30% (from 77.7-63.5% in 2022) . But according to the Central Bank's forecast, both exports and imports will grow by 2.6% and 3.2% in 2025. This is noted in the Central Bank's Monetary Policy Program (MPP) for Q4 2023, published at the end of December, where GDP growth expectations for 2023 indicate a less noticeable slowdown in rates to 8.3% (from 12.6% in 2022) and further to 6.1% in 2024 and 5.7% in 2025.

ArmInfo. Average y-o-y official inflation in Armenia will decrease to 2% in 2023, from 8.6% in 2022, but will then increase to 2.6% in 2024 and 3.5% in 2025. This is noted in the Central Bank's Monetary Policy Program (MPP) for Q4 2023, published at the end of December, where GDP growth expectations for 2023 indicate a less noticeable slowdown in rates to 8.3% (from 12.6% in 2022) and further to 6.1% in 2024 and 5.7% in 2025.

ArmInfo. The Central Bank of Armenia forecasts a decline in export and import volumes by 9.5% and 7.3% for 2024, after a sharp slowdown in growth in 2023 to 22.1- 30% (from 77.7-63.5% in 2022) . But according to the Central Bank's forecast, both exports and imports will grow by 2.6% and 3.2% in 2025. This is noted in the Central Bank's Monetary Policy Program (MPP) for Q4 2023, published at the end of December, where GDP growth expectations for 2023 indicate a less noticeable slowdown in rates to 8.3% (from 12.6% in 2022) and further to 6.1% in 2024 and 5.7% in 2025.

ArmInfo. In Armenia, the  growth of economic activity in January-November 2023 slowed to 9.4%  per annum (from last year's 14.4%), accompanied by a very noticeable  slowdown in the upward dynamics of exports and imports.

ArmInfo. In Armenia, the price  index of industrial products decreased in January-November 2023  compared to the same period in 2022 to 101.7% from last year's  102.9%. This was observed against the backdrop of a slowdown in  annual growth in the industrial sector from 8.4% to 2.1% - to 2.4  trillion drams ($6.2 billion).

ArmInfo. In Armenia, the  growth of economic activity in January-November 2023 slowed to 9.4%  per annum (from last year's 14.4%), accompanied by a very noticeable  slowdown in the upward dynamics of exports and imports.

ArmInfo. In Armenia, the price  index of industrial products decreased in January-November 2023  compared to the same period in 2022 to 101.7% from last year's  102.9%. This was observed against the backdrop of a slowdown in  annual growth in the industrial sector from 8.4% to 2.1% - to 2.4  trillion drams ($6.2 billion).