Armenian PM instructs to reveal inner resources to face new financial crisis wave

YEREVAN, October 25. /ARKA/. Armenia’s Prime Minister Tigran Sargsyan emphasized the necessity of revealing inner resources to face new wave of the financial and economic crisis.
The research showed the global economy will face new challenges in 2013-2014, he said at the Cabinet meeting on Thursday.

“If up to now we were witnessing economic crisis and deterioration of the principal economic indicators in the developed countries, it becomes obvious now, that the new crisis will expand over the states with developing economies as well, and the crisis situation will continue  in 2013 as well. That is why it is very important to reveal the inner resources, and the new program of the government is based on this principle. —0–

spot_img

POPULAR

Assets of Armenian banks increased by 16.67% to 13.15 trillion drams as of the end of Q1 2026

Total assets of Armenian banks as of March 31, 2026, amounted to 13.1 trillion drams, an increase of 16.67% compared to March 31, 2025.

Corporate tax collection in Armenia has increased to 265.8 billion drams; Pashinyan announced a 5.4-fold increase since 2017

As of April 20, 2026, corporate income tax collection in Armenia amounted to 265.8 billion drams, announced RA Prime Minister Nikol Pashinyan.

Unibank issues USD bonds with a 5.6% yield

Unibank announces a new issue of USD bonds in the amount of 5 million USD.

Armenian commercial banks paid 28.65 billion drams in various taxes in Q1

All 17 Armenia-based commercial banks are included in the list of the 1,000 largest taxpayers in the first quarter of 2026, having paid a total of 28.65 billion drams to the state budget, according to data released today by the State Revenue Committee.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of April 22, 2026, decreased by 0.21 points compared to April 21, to 372.38 drams.

LATEST NEWS

spot_imgspot_imgspot_img