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

Assets of Armenian credit organizations exceed 915.92 billion drams, up 6.36% since the beginning of the year

As of September 30, 2026, the total assets of Armenian credit organizations reached 915.92 billion drams an increase of 1.19% during the third quarter and 6.36% since the beginning of the year.

35% Discount for the 35th Anniversary on Selected IDBank Cards

IDBank continues its series of initiatives dedicated to its 35th anniversary. To mark this jubilee year, the Bank presents another profitable offer to its customers.

Market capitalization in October amounted to 380.4 billion drams – Armenia Securities Exchange

Equity market capitalization in October 2026 amounted to approximately 380.4 billion drams, the press service of the Armenia Securities Exchange (AMX) reported.

Freedom Broker Armenia Director Expects Pause in Central Bank Rate Hike, but Points to Conditions for Further Increases (EXCLUSIVE)

The Central Bank of Armenia's further decisions on the refinancing rate will depend on inflation dynamics and its structure, according to Freedom Broker Armenia Director Hovak Hovakimyan.

Investment portfolio of Armenian credit organizations totaled 99.70 billion drams at the end of the third quarter

As of September 30, 2026, the aggregate investment portfolio of Armenian credit organizations stood at 99.70 billion drams, according to data from an ARKA news agency bulletin.

LATEST NEWS

spot_imgspot_imgspot_img