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Daily Archives: May 31, 2017

Foreign direct investments in Armenian economy grew by 30% in quarter one, 2017

Economy
Foreign direct investments (FDI) into the Armenian economy in the first quarter of 2017 amounted to the equivalent of 19.743.2 billion drams, up from 14.987.2 billion drams in the same time span of 2016, an increase of 31%, the National Statistical Service (NSS) reported today

Monetary base in Armenia drops by 8.6% in April

Economy
Armenia’s monetary base at the end of April 2017 stood at about 886.5 billion drams, having decreased by 8.6% over the previous month, according to the National Statistical Service, which cited preliminary data of the Central Bank

Armenia’s total public debt exceeds $6 billion in April 2017

Economy
Armenia's public debt reached $6 037.3 million b y late April 2017 after growing 0.68% or by $41.2 million over one month, the National Statistical Service reports

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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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