Thursday, May 16 2024, 20:45
ArmInfo. Beata Javorcik, Chief Economist at the European Bank for Reconstruction and Development (EBRD), clarified what caused the "optimism" of the EBRD, which in its latest report forecasted a 6.2% growth of the Armenian economy, answering a question from an ArmInfo correspondent.
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Thursday, May 16 2024, 16:18
ArmInfo. The European Bank for Reconstruction and Development (EBRD) is providing a US$ 10 million financial package to ArmSwissBank in Armenia to finance the private sector's investments in growth, competitiveness, and greener and more sustainable practices, the Bank's press service reports.
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Thursday, May 16 2024, 16:16
ArmInfo. Armenia's suspension of funding to the CSTO is not a tragedy; Yerevan is not leaving the organization. This was stated by Deputy Foreign Minister of the Russian Federation Alexander Pankin during a session within the framework of the international economic forumentiteled "Russia - Islamic World: KazanForum".
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Wednesday, May 15 2024, 19:08
ArmInfo. In recent years, the economy of the Republic of Armenia has recorded a great growth. Since the non-violent Velvet Revolution of 2018, the Armenian economy has grown by almost 30%, state budget revenues have increased by more than 91%, and about 200 thousand jobs have been opened, which means an increase in the total number of jobs by about 37%.
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Wednesday, May 15 2024, 17:59
ArmInfo. Despite numerous negative factors, Armenia remains resilient and the economy continues to record good results, said Odile Renaud-Basso, the President of the European Bank for Reconstruction and Development (EBRD), on May 15 at the Bank's Annual Meeting in Yerevan.
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Wednesday, May 15 2024, 17:13
ArmInfo.The European Bank for Reconstruction and Development (EBRD) has improved its GDP growth forecast for Armenia for 2024 from the previous 4.5% to an updated 6.2% (versus actual 8.7% growth in 2023), expecting a slowdown to 4.8% in 2025, according to the Bank's latest Regional Economic Prospects. "Taming inflation" report, published today.
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Wednesday, May 15 2024, 15:35
ArmInfo.During the 33rd annual meeting and business forum of the European Bank for Reconstruction and Development (EBRD), Ardshinbank CJSC and the Dutch entrepreneurial development bank FMO signed a Guarantee Agreement for a credit portfolio worth 20 million US dollars with a term of 7 years.
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Wednesday, May 15 2024, 00:33
ArmInfo. As part of an earlier meeting between Head of Food Safety Inspectorate of Armenia, Armen
Hayrapetyan, and Sergei Dankvert, Head of the Federal Agency for Veterinary and Phytosanitary Supervision of Russia, a significant increase in the supply of fruits and vegetables from the Republic of
Armenia to the Russian Federation was recorded.
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Tuesday, May 14 2024, 23:50
ArmInfo. The growth potential of Armenia's GDP generation increased to 5.5-6%. Armenian Finance
Minister Vahe Hovhannisyan assured an ArmInfo correspondent of this on May 14 on the sidelines of the Annual Meeting of the European Bank for Reconstruction and Development in Yerevan.
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Tuesday, May 14 2024, 23:40
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Tuesday, May 14 2024, 17:35
ArmInfo. Over the past ten years, the Eurasian Economic Union (EAEU) has transformed into an important and promising integration association in the international space. Ambassador of Kazakhstan to Armenia Bolat Imanbayev stated at the tenth anniversary annual meeting of the Eurasian Expert Club entitled "Armenia in the EAEU: realities and prospects of Eurasian economic integration."
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Monday, May 13 2024, 20:18
ArmInfo.Recently, an International Monetary Fund delegation led by IMF Deputy Director for the Middle East and Central Asia Department Mr. Thanos Arvanitis visited Armenia and held a number of important meetings with government officials. In addition, a special event was organized in Yerevan, during which the IMF presented the "Regional Economic Development Prospects" report. On the sidelines of this meeting, an ArmInfo correspondent spoke with Mr. Arvanitis about the priorities and possible risks of the Armenian economy.
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Monday, May 13 2024, 16:52
ArmInfo. 75% of Armenia's exports in Q1 of 2024, were precious and semi-precious stones and metals. An
increase in gold re-exports has been observed since November 2023. This circumstance contains great risks, because economic growth is currently exogenous, and in the event of a change in any of the
external incentives, as well as a significant decrease in gold re-exports, the Armenian economy will become vulnerable. A similar assessment was made by Associate Professor of the Armenian State University of Economics, economist Aghasi Tavadyan.
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Monday, May 13 2024, 12:43
ArmInfo. Analyzing data on Armenian state budget revenues for the first quarter of 2024, head of the
ACSES Analytical Center Haykaz Fanyan suggests thinking about increasing the tax burden on jewelry market participants.
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Friday, May 10 2024, 20:30
ArmInfo.Trade in the Caucasus and Central Asia region could triple and distances could be cut by half or even a third if certain changes are made, which requires political will. Mr. Alkis Drakinos , Director, Regional Head of the Caucasus for the European Bank for Reconstruction and Development (EBRD), stated on May 10, during an event held in Yerevan within the framework of the IMF "Perspectives of Regional Economic Development" report.
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Wednesday, May 8 2024, 20:09
ArmInfo. The short-term windfall impacts of human and
financial relocations on the Armenian economy should be expanded and
sustained, giving it a sustainable effect. This opinion was expressed
by Rector of the Russian-Armenian University (RAU), doctor of
Economic Sciences of the Republic of Armenia and the Russian
Federation, Professor Edward Sandoyan, speaking at the International
Scientific Conference at RAU recently.
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Wednesday, May 8 2024, 19:46
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Wednesday, May 8 2024, 19:21
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Monday, May 6 2024, 16:58
ArmInfo.After two and a half years of recovery and sharp growth in Armenia, a decrease in exports and imports of almost all services has been recorded since Q4 2023. This is fraught with losses in terms of the country's balance of payments and ensuring the budgeted 7% GDP growth. Economist Aghasi Tavadyan, associate professor of the State University of Economics of Armenia, came to this opinion after analyzing the quarterly data of the RA balance of payments.
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Monday, May 6 2024, 16:35
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