Thu, 19 February
8.1 C
Yerevan
USD: 376.94 RUB: 4.92 EUR: 444.34 GEL: 140.85 GBP: 508.34

Prime-Minister: armenia’s economic growth at 7.2% in 2012

YEREVAN, February 28. /ARKA/. Armenia’s economic growth stood at 7.2% by the end of 2012, the country’s prime minister Tigran Sargsyan said.

“This means we have completed the task assigned by the president” Sargsyan said at a government meeting Thursday.

The prime-minister mentioned that the 2013 budget envisages a 6.2% GDP growth target and urged the ministers to do their best for achieving it.

Under Armenia’s budget for 2012, the GDP growth was 4.2%. At a special government meeting of June 18, 2012, the president Serzh Sargsyan assigned the cabinet a task to ensure a 7% economic growth in the country.–0–

spot_img

POPULAR

IV Conference Capital Markets Armenia to Take Place on March 13, 2026, in Yerevan

The IV Conference Capital Markets Armenia, an annual international event dedicated to the development of the capital market of the Republic of Armenia and its integration into the global financial system, will be held in Yerevan at the Marriott Hotel.

In Armenia, more than 21,000 citizens have signed up for cashless pension and benefit payments — Ministry of Social Affairs

By February 19, 2026, 21,539 citizens in Armenia have voluntarily switched to cashless pension and benefit payments, announced Minister of Labor and Social Affairs Arsen Torosyan.

Euro, dollar and ruble exchange rates against the Armenian dram have increased

The average market exchange rate for the US dollar against the Armenian dram, as of February 18, 2026, increased by 0.86 points compared to February 17, reaching 377.69 drams.

“Team Holding” CJSC’s bonds listed on Armenia Stock Exchange

One of Armenia’s diversified companies, “Team Holding” CJSC, is officially entering the capital market today by listing bonds on the Armenia Stock Exchange (AMX).

Euro fell 2.54 points against the Armenian dram, while the dollar and ruble also declined

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of February 19, 2026, fell by 0.74 points compared to February 18, to 376.94 drams.

LATEST NEWS

spot_imgspot_imgspot_img