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Daily Archives: Jan 18, 2017

Armenia’s public debt in 2016 grows by $857 million to $5.9 billion

Economy
Armenia’s overall public debt surged by $857.1 million in 2016 or by 17% from the previous year to $5.934.8 billion, according to the final data of the Ministry of Finance

New credit organization opens in Armenia

Loans
A new universal credit organization called VARKS AM has opened in Armenia, the organization said on its page on Facebook. According to the Central Bank, it is the 34th registered credit organization in Armenia

Russian central bank to issue Armenia-dedicated commemorative coins

Banks
Russia’s Central Bank said today it will issue this year 5000 commemorative coins with face value of 3 rubles dedicated to Surb Khach (Holy Cross) Monastery in Crimea

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Armenia’s total state debt rose to $12.8 bln by December 2024.

Armenia's overall public debt as of December 31, 2024 amounted to $12,842,240,000, increasing by $274.4 million compared to November 30, 2024, the National Statistical Committee said.

Stepan Gishyan charity starts accepting  applications for grants up to AMD 5 million for 2025

The Stepan Gishyan charity foundation, run by Acba Bank, has announced today the launch of a grant competition, designed for legal entities.

Armenia’s SRC doesn’t see details of citizens’ transactions: committee head – on banking secrecy

“When we talk about access to bank secrecy of a person, we mean the amount of his/her transactions. There is no access to the details of the transactions,” the head of Armenian State Revenue Committee  (SRC) Eduard Hakobyan told  a parliamentary discussion today on the universal income declaration.

Euro jumps 3.4 points to AMD 413.36

The average market exchange rate of the U.S. dollar to the Armenian dram on February 5, 2025, totaled AMD 396.58, down 0.13 points compared to February 4.

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