IMF confirms its Armenian economy forecast

YEREVAN, December 10, /ARKA/. The International Monetary Fund has left unchanged its forecasts about Armenian economic growth for next year, IMF outgoing Resident Representative Nienke Oomes told ARKA today.

‘We think that the full-year economic contraction in 2009 will be 15.6% and the next year’s growth –will be 1.2%,’ she said.

The IMF has predicted that Armenian economy will grow by 3% in 2011, by 3.5% in 2012, by 4% in 2013 and by 4.5% in 2014. -0-

spot_img

POPULAR

On May 30, “Unisport” will compete for the title of the Armenian champion

On May 30, 2026, the second match of the playoff final of the Armenian Futsal Premier League will take place.

Central Bank of Armenia warns of a new wave of telephone fraud

The Central Bank of Armenia has warned citizens of a new wave of telephone fraud.

In Armenia, 82% of the country’s financial system assets are accounted for by the banking system – Central Bank

The assets of Armenia's banking system continue to dominate the country's financial system, accounting for approximately 82% of total assets, or approximately 12 trillion drams, said Martin Galstyan, Chairman of the Central Bank.

Unibank will not increase fixed-adjustable interest rates on loans secured by real estate

Unibank has decided to keep unchanged the fixed-adjustable interest rates on consumer and mortgage loans secured by real estate, which were scheduled to increase starting from May 2026.

VTB (Armenia) Offers Package Offer for Sole Proprietors

VTB (Armenia) has launched a package offer for sole proprietors, including a current account, a business card, and a remote banking system.

LATEST NEWS

spot_imgspot_imgspot_img