ArmInfo. In Armenia, the growth of economic activity in January- December 2019 accelerated to 7.8% per annum, compared to a slowdown in 2018 to 5.8% from 7.7% in  2017.

ArmInfo.We should work jointly  to ensure at least 8-9% economic growth in 2020. Armenian Prime Minister Nikol Pashinyan wrote about this on his Facebook page.

ArmInfo.In Armenia, the growth of economic activity in January- December 2019 has accelerated to 7.8% per annum, against a slowdown in 2018 to 5.8% and 7.7% in 2017.

ArmInfo. Armenia will end 2019 with economic growth of at least 7.5%. Minister of Economy of the Republic of Armenia Tigran Khachatryan made a similar statement  on January 14 during at a press conference on the results of 2019.

ArmInfo. The gross international reserves of Armenia for 2019 increased by 25.7%, reaching $ 2.840 billion. This is evidenced by the data of the Central Bank of  Armenia. Of these, the lion's share - $ 2.834 billion falls on  external assets in FCC (freely convertible currency), and the share  of SDR in the IMF amounted to $ 6.2 million. According to the  regulator's report, over the year, foreign assets in FCC increased by  25.8%, and the share of SDR - by 3%.

ArmInfo. In 2020, Armenia will become a regional leader in terms of GDP per capita. This is stated in the next report of the International Monetary Fund,  published the day before.

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.

ArmInfo.The Central Bank of Armenia has improved its forecast for GDP growth for 2019 to 7-7.3% (7.2% on average) from the previous 6.7-7.2% (6.9% on average). As  set out in the Central Bank's monetary policy program for the Q4 of  2019, published at the end of December, this is largely determined by  domestic demand, especially by a high level of private expenses.  Namely, it is noted that, given the growth of private consumption by  11.4% and the increase in gross fixed assets of the private sector by  1.2%, private spending will increase by 9.9%.

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

ArmInfo.In January-November 2019, the gross international reserves of Armenia increased by 5.1% to $ 2.375 billion. In y-o-y terms (November 2019 compared to  November 2018), this indicator increased by 12.1%.

ArmInfo. On December 13 Prime Minister Nikol Pashinyan received newly appointed Head of International Monetary Fund (IMF) Mission in Armenia Nathan Porter.   The meeting was attended by IMF Resident Representative Yulia  Ustyugova.

ArmInfo. On December 10, Armenian Minister of Finance Atom Dzhandzhugazyan received a delegation led by the head of the Armenian mission of the  International Monetary Fund (IMF) Nathan Porter.

ArmInfo. Currently, the activities of the Project Unit of the Eurasian Fund for Stabilization and Development (EFSD) in Armenia are aimed at identifying key areas  and tools for further cooperation in the absence of a request from  the authorities for a new budget support program.

ArmInfo. In January-October 2019, the gross international reserves of Armenia increased by 9.3% - up to $ 2.469 billion. In y-o-y terms (October 2019 compared to  October 2018), this indicator increased by 18.5%.

ArmInfo. Armenian Prime Minister Nikol Pashinyan touched on economic indicators for the 9 months of 2019 on his Facebook page.

ArmInfo. On November 22, 2019, Fitch Ratings international rating agency increased Armenia's long-term issuer default ratings (IDRs) in foreign and national  currencies by one scale - to the level of <BB-> with the forecast  as  Stable. This was reported by the press service of the Central Bank of  Armenia.

ArmInfo.Today Armenia is developing as quickly as possible.  Prime Minister of Armenia Nikol Pashinyan expressed this opinion at a meeting with the leaders  of secular and spiritual organizations of the Armenian community of  France.  

ArmInfo.A fourfold excess of  demand over the offer for the purchase of Armenian sovereign bonds in  international markets testifies to the newly acquired attractiveness  of the tiny former Soviet republic among investors eager for negative  interest rates in the world. This is stated in a Reuters analytical  article titled Economic reforms put Armenia on radar of yieldhungry  investors. .

ArmInfo. The Central Bank of Armenia does not exclude that by the end of the year the economic growth rate of the Republic of Armenia will reach 7.1%, and it sees  the industrial sector and the service sector in drivers. Head of the  Monetary Policy Department of the Central Bank of the Republic of  Armenia Vahagn Grigoryan stated this at a press conference on  November 5.

ArmInfo.Having preliminary data on economic development for 9 months, 7% economic growth is the minimum level that the Armenian government is able to ensure in 2019. This opinion was expressed on October 22 by the Minister of Economy  of the Republic of Armenia Tigran Khachatryan on the sidelines of the  event dedicated to the report of the EV Consulting company on the  future labor market of Armenia.