Tue, 29 April
20.1 C
Yerevan
USD: 389.45 RUB: 4.78 EUR: 443.12 GEL: 141.62 GBP: 521.16
spot_img

Armenia’s economic activity index in Q1 , 2010 improves by 38 percent

YEREVAN, March 16, /ARKA/. Armenia’s economic activity index in the first quarter of 2010 increased by 38.4% from Q4, 2009, to 57.8%, the Central Bank of Armenia said in a press release. It said economic activity index grew by 20% year-on-year.

The Central Bank said also business environment index improved by 5.8% from Q4, 2009 to 46%, while consumer confidence index rose by 6.3% to 46%.

The figures are based on a series of surveys conducted by the Central Bank randomly among 863 companies dealing with industry, construction and services and 1821 households in Yerevan and all 10 provinces. The surveys were made by Internet, telephone, letters and fax to calculate the economic activity and business environment and consumer confidence indexes. -0-

spot_img

POPULAR

Euro exchange rate down 1 point, while US dollar and ruble up

The average market exchange rate of the U.S. dollar to the Armenian dram on April 25, 2025, rose by 0.77 points compared to April 23 and amounted to AMD 390.33.

Armenia may access $25 mln from the IMF under the SBA agreement in June

An International Monetary Fund (IMF) team led by Iva Petrova visited Yerevan from March 31 to April 10, 2025, to conduct discussions for the fifth review under the Stand-By Arrangement (SBA) with Armenia.

In Armenia, remittances have begun to recover after a 35% decline in 2024

On the demand side, average real wages in Armenia have increased in 2025, and net money transfers have shown an upward trend, contributing to consumption growth, according to the World Bank's Armenia Monthly Economic Update – April 2025.

Instruments for supporting SMEs in Armenia were discussed with bankers at the Ministry of Economy

Financial instruments for supporting small and medium-sized businesses (SMEs) were discussed by Deputy Minister of Economy of Armenia Lilia Sirakanyan and bank representatives.

Armenia ratifies EUR 10.1 million investment agreement with EIB on Yerevan’s Second Energy Efficiency Program

The Armenian Parliamentary Committee on Financial, Credit and Budgetary Affairs gave a positive conclusion at its meeting on Friday on the ratification of the agreement on the investment grant for the "Second Yerevan Energy Efficiency Program" in the amount of EUR 10.1 million.

LATEST NEWS

spot_imgspot_imgspot_img