Tuesday, July 27, 2021

Economy

Armenia government debt grew 8,84% in one year – official statistics

According to preliminary data, Armenia’s government debt (internal and external) as of 2020 December 31 totaled 7 billion 968 million 486 thousand US dollars...

Russia, China, Switzerland Armenia’s main foreign trade partners for 2020

 Armenia recorded highest trade turnover in 2020 with Russia, China and Switzerland, ARMEN PRESS was informed from the Statistics Committee of Armenia. Armenia’s foreign...

Armenia’s economic activity index declines 7.2% in 11 months

Armenia’s economic activity index has declined 7.2% in January-November 2020 compared to January-November 2019, the National Statistical Committee reports. Industrial production volume declined 0.2%. Construction...

Armenian Parliament approves 2021 state budget draft

The Armenian Parliament adopted the 2021 state budget draft. The draft was approved with 84 votes in favor and 14 votes against. Opposition Bright Armenia faction...

World Bank to provide new grant to Armenia’s mining sector

The Armenian government approved today the proposal to sign Armenia Mineral Sector Policy Grant II letter-agreement with the World Bank. It is stated that all...

Low economic activity and weak domestic demand will be maintained in fourth quarter, CBA says

The Central Bank of Armenia has clarified the decision of raising the refinancing rate by 1.0 percentage point. The Bank released a respective statement: “During today’s...

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