Minister: GDP growth of at least 7.5% will be ensured at year-end 
 Thursday, December 26 2019, 12:45

ArmInfo. GDP growth of at least 7.5%2will be ensured in Armenia in 2019. This forecast was made by the Minister of Economy of the Republic of Armenia Tigran  Khachatryan on December 26 at a meeting of the RA Government.

IMF summarizes Stand-by loan agreement with Armenia
 Wednesday, December 25 2019, 20:21

ArmInfo. On December 20, the Executive Board of the International Monetary Fund (IMF) completed the first debriefing of the Stand-by loan agreement with  Armenia.

Ministry of Economy: Decline in apricot crop negatively affected  agricultural exports
 Tuesday, December 24 2019, 19:49

ArmInfo. As of December 1, the export of agricultural products (fresh and canned) amounted to  141.2 thousand tons, slightly declining year on year due to a decrease in the apricot crop. Deputy Minister of Economy of the Republic of Armenia Artak Kamalyan announced this on December 24 during a press conference.

Armenia`s external borrowing will amount to 171.6 billion drams or $  360.2 million in 2020
 Friday, December 20 2019, 16:36

ArmInfo. In 2020, Armenia plans to attract 171.6 billion drams or $ 360.2 million (the estimated rate of the US dollar to the Armenian dram 476.46). Head of the department  for accounting and servicing of the Department of Public Debt  Management of the Ministry of Finance of Armenia Artak Marutyan  informed ArmInfo about this.

RA Economy Ministry hopes to organize logistical and cluster stations  next year
 Friday, December 20 2019, 16:21

ArmInfo. Within the framework of the World Ban's (WB) Trade Promotion and Quality  Infrastructure Project , the Ministry of Economy of the Republic of  Armenia will launch a project for the construction of logistical and  cluster stations. Deputy Minister of Economy of the Republic of  Armenia Naira Margaryan announced this on December 20.

WB updated forecast for Armenia`s economic growth this year to 6.9%
 Monday, December 16 2019, 17:46

ArmInfo. The World Bank again improved its forecast for GDP growth in Armenia for 2019 - expecting 6.9%, against the previous 5.5%.

Ministry of Economy initiated the first workshop on the development  of the securities market in Armenia
 Friday, December 13 2019, 20:13

ArmInfo.On the initiative of the Ministry of Economy of the Republic of Armenia, a workshop was held on December 13 in Yerevan on the topic "Capital Investments and  Capital Markets: Creating a Favorable Institutional and Legislative  Environment" with the participation of representatives of financial  institutions, government departments, and experts.

A comprehensive social services center opened in the Shengavit  administrative district of Yerevan with the support of the World Bank
 Thursday, December 12 2019, 13:55

ArmInfo. A comprehensive social services center has been opened in the Shengavit  administrative district of Yerevan with the support of the World Bank.

WB to provide Armenia a loan of $ 45.8 million to finance the state  budget deficit in 2019
 Thursday, December 12 2019, 13:52

ArmInfo.The World Bank represented by the International Bank for Reconstruction and Development (IBRD) will provide Armenia a loan of $ 45.8 million to  finance the country's state budget deficit in 2019. At a meeting on  December 12, the country's parliament began discussions on an  agreement with the Bank.

Pashinyan: The framework of cooperation with the WB is completely  consistent with the priorities of the Armenian government
 Wednesday, December 11 2019, 19:54

ArmInfo. On December 11, Armenian Prime Minister Nikol Pashinyan received the World Bank Regional Director Sebastian Molineus. The meeting was also attended  by the head of the WB Armenian office, Silvi Bosutkho.

By joint efforts, Armenia can be turned into a leading technological  hub - Avinyan
 Wednesday, December 11 2019, 18:22

ArmInfo. Today, Armenia has all the prerequisites to become a country of high-tech industry - from education to research and development, from the development and  production of high technologies to international sales and  applications in various fields of economy and everyday life. This  opinion was expressed by the Deputy Prime Minister of Armenia Tigran  Avinyan on December 11 at the sidelines of the seminar "Realization  of the technological potential of Armenia", organized by the World  Bank.

Mher Grigoryan stated the need for cooperation with the WB in order  to develop the capital market in Armenia
 Wednesday, December 11 2019, 18:19

ArmInfo. On December 11, Armenian Deputy Prime Minister Mher Grigoryan received World Bank Regional Director Sebastian Molineus. The meeting was also attended  by the head of the WB Armenian office, Silvi Bosutkho.

Armenian public debt to reach $ 7.6 billion or 51.2% of GDP
 Monday, December 9 2019, 18:44

ArmInfo. According to the results of 2020, the state debt of Armenia will amount to $ 7.6  billion or 51.2% of GDP (the estimated exchange rate of the Armenian  dram to the dollar is 476.4 AMD). This is stated in the law "On the  State Budget of the Republic of Armenia for 2020".

RA Economy Ministry discussed WB-funded Trade Promotion and Quality Infrastructure program implementation
 Wednesday, December 4 2019, 15:59

ArmInfo. Deputy Economy Ministers of Armenia Varos Simoyan and Naira Margaryan met with World Bank (WB) Trade Promotion and Quality Infrastructure program Managers  Yerali Beksultan and Karen Grigoryan, as well as Program Coordinator  Georgi Khachatryan.

Armenian government approves ratification of loan agreement between  RA and WB for EUR 45.8 million within DPO
 Thursday, November 28 2019, 15:59

ArmInfo.On November 28, the Armenian government approved a draft law on ratification of a loan agreement between the Republic of Armenia and the International Bank for Reconstruction and Development (IBRD - the main lending  institution of the World Bank) " Economic, Fiscal, and Public Sector  Governance Development Policy Loan Project".

Government of Armenia discussed the programs being implemented with  the assistance of the World Bank
 Wednesday, November 27 2019, 19:34

ArmInfo. Under the chairmanship of Armenian Deputy Prime Minister Mher Grigoryan, the government of Armenia discussed the implementation of programs implemented with the  assistance of the World Bank (WB). The discussion was attended by  representatives of the responsible departments and the WB, as well as  program managers. The meeting was also attended by the Country  Manager of the WB for Armenia Sylvie Bossoutrot.

WB approved new $50 mln loan on DPO program for Armenia 
 Friday, November 22 2019, 19:58

ArmInfo. The World Bank's Board of Executive Directors approved today a new, EUR 45.8 million (US $50 million) loan for the Armenia Governance Development Policy  Operation (DPO), a budget support operation, the press service of the  WB informs.

Tigran Avinyan and Sylvie Bossoutrot discussed the implementation of  the program "Local Economy and Infrastructures Development"
 Wednesday, November 20 2019, 20:17

ArmInfo. On November 20,  Armenian Deputy Prime Minister Tigran Avinyan received the head of  the World Bank (WB) Armenian office Sylvie Bossoutrot, and the team  of the "Local Economy and Infrastructure Development" credit program.  

Minister: Starting from 2020, the implementation of a tax reform  program aimed at increasing the competitiveness of the country`s  economy will begin in Armenia
 Wednesday, November 13 2019, 15:25

ArmInfo. In 2020, Armenia will begin implementing a program of tax reforms that are aimed at improving the competitiveness of the economy by easing the tax  burden. This was announced on November 13 from the rostrum of the  National Assembly of the RA Minister of Finance Atom Janjughazyan,  who introduced the draft law "On the State Budget of the RA 2020".

Tigran Khachatryan: Attracting several transnational investors to  Armenia will allow the country to start playing for high stakes
 Tuesday, November 12 2019, 16:17

ArmInfo. Attracting several investors to Armenia represented by transnational corporations (TNCs) will allow the country to start playing for high stakes.  This  opinion was expressed by Minister of Economy Tigran Khachatryan in an  interview with ArmInfo's economic columnist.  



Exchange rates
03.05.2024
RUB4.230.01
USD387.32-0.31
EUR416.101.18
GBP486.401.36
CAD283.521.05
JPY25.300.30
CNY53.49-0.04
CHF426.851.63