Sat, 2 August
36.1 C
Yerevan
USD: 383.84 RUB: 4.70 EUR: 442.91 GEL: 141.90 GBP: 512.96

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

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

Top 10 banks of Armenia by loan portfolio for 1st H 2020

ARKA News Agency has singled out ten banks for their big loan portfolios as of June 30, 2020

LATEST NEWS

spot_imgspot_imgspot_img