Economic activity in Armenia climbs 6.6 % this March from a year earlier

YEREVAN, May 2. /ARKA/. Economic activity in Armenia jumped 6.6% in March of this year from the same month a year earlier, the National Statistical Service of Armenia reports ARKA.
The economic activity within January-March 2012 climbed 6.1 % compared to the same period a year earlier.

The statistics shows that construction  sector of Armenia reported 9.5% tumble in March of this year from the same month last year whereas construction works jumped almost twice to over 20.7 billion drams in March from February.

Industrial production in March of this year rose by 12.6%  from a year earlier and 9.2% from February to 85.6 billion drams.
Agricultural sector advanced 0.1% to nearly 27.1 billion drams in March compared to the same month last year.

Foreign trade in Armenia increased by 20.4% to 204.4 billion drams ($525.6 million) within the reported period.
The volume of provided services gained 12.6% to nearly 74.9 billion drams in March of this year from a year earlier.

The state budget for 2012 year  projects  4.2 percent GDP growth. ($1-392.16 drams). —0–

spot_img

POPULAR

Unibank has issued perpetual bonds with an annual coupon yield of 13.2%

Unibank announces a new issue of perpetual bonds denominated in AMD. The total issue volume is AMD 3 billion, with the placement scheduled to continue until 4 December 2026.

The “Physmath Friends” Charitable Foundation is the October beneficiary of “The Power of One Dram”

Within the framework of "The Power of One Dram" initiative, AMD 4,648,503 accumulated during September was directed to organizing the "Climate Change and Women" award ceremony, which aims to highlight women's contributions to combating climate change and preserving biodiversity.

US dollar and ruble exchange rates against the Armenian dram rose, while the euro rate fell – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram in Armenia's currency market rose by 0.18 points on October 7 compared to October 6, reaching 362.32 drams.

Pensions, benefits, and cashback: Armenian government allocates 40.8 billion drams for these purposes

At its meeting on Thursday, the Armenian government decided to allocate 40.8 billion drams to fund pension and social payments for the fourth quarter of 2026.

AMX Hosts Auction for 25 Billion Dram Government Bond Issuance

An auction for the issuance of government bonds totaling 25 billion drams took place at the Armenia Securities Exchange (AMX) on October 13, the exchange's press service reported.

LATEST NEWS

spot_imgspot_imgspot_img