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Daily Archives: Sep 25, 2014

New banks in Armenia may be obliged to operate only as open joint stock companies

At its today’s session, the Armenian government has found a proposal by MP Hrant Bagratyan to transform all the banks operating in Armenia into open joint stock companies for ensuring transparency to their activities not reasonable, deputy finance minister Safaryan said

Asian development bank reduces growth forecast for Armenia in 2014 and 2015

The Asian Development Bank has reduced the growth forecast for Armenia in 2014 and 2015, as weakness in industry and construction caused economic activity to slow in the first half of 2014

Armenia plans 4.1% GDP growth for 2015

Armenia’s planned real GDP growth is 4.1% for 2015, the minister of finance Pavel Safaryan said in presenting the 2015 draft budget at a government meeting on Thursday