Fri, 31 January
5.1 C
Yerevan
USD: 397.35 RUB: 4.04 EUR: 412.25 GEL: 139.06 GBP: 493.31
spot_img

CBA: internal demand of Armenia in nine months of 2012 to increase by 4%

YEREVAN. December 23. /ARKA/. Internal demand of Armenia in January-September 2012 will increase by 4 %, states the program of monetary-credit policy of Central Bank of Armenia for the forth quarter of 2011.

It is worth mentioning, that increase of private spending by 6% and growth of state expenditure of the country by 7.5% which is conditioned by 5% growth of each indicator due to private investments will promote formation of this indicator.

By the results of the forth quarter of 2011, CBA forecasts growth of private expenses and internal demand by 3% for each indicator.

The main financial source of private investments in the predicted period will be own funds and credits provided to private sector.

“Impact of private spending on the level of inflation in nine months of 2012 is assessed as neutral”, considers CBA. —0—

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Loans and deposits of Armenian banks grew in November due to AMD-denominated  funds – WB

Commercial bank deposits in Armenia grew 2.3 percent (mom) in November, and loans increased 2.6 percent (mom), driven by AMD-denominated funds, the World Bank says in its latest Armenia Monthly Economic Update – January 2025 review.

Armenia’s refinancing rate back to August 2022 level – WB

The refinancing rate in Armenia has returned to the level of August 2022, according to the World Bank's review Armenia Monthly Economic Update - January 2025.

Armenia’s 1.5% inflation in December is the highest since April – WB

Armenia's inflation picked up to 1.5 percent (yoy) in December, the highest rate since April 2023, according to World Bank's Armenia Monthly Economic Update – January 2025 review.

Euro exchange rate plunges by 4.12 points to AMD 414.32

The average market exchange rate of the US dollar to the Armenian dram on January 29, 2024, amounted to 398.27 drams, down 0.09 points compared to January 27.

LATEST NEWS

spot_imgspot_imgspot_img