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Armenia to receive $8.25 million from KfW in grants

YEREVAN, July 3. /ARKA/. Germany’s KfW Bank will provide $8.25 million to Armenia in grants for implementing environmental projects, the press office of the Armenian nature protection ministry reported on Monday.

Artsvik Minasyan, environment minister, met with Andreas Weitzel, former KfW Bank Project Manager, and Alvaro Berielli, the new Project Manager.

Minasyan and Weitzel signed a program to provide four communities near Shikahogh wildlife sanctuary with energy security. –0—

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Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Central Bank of Armenia refrains from forecasting the exchange rate of dram for 2025

The Chairman of the Central Bank of Armenia Martin Galstyan declined today forecasts on the exchange rate of the national currency , the dram, against the US dollar for the next year and did not comment on the impact of the recent fluctuations of the Russian ruble.   

Finance Minister: Armenia has no problems with public debt management

The government of Armenia does not have serious problems with managing the public debt,  Finance Minister Vahe Hovhannisyan said today in response to ARKA News Agency's about  about how manageable the debt is and what the main risks associated with it are.

AMX Reaffirms Compliance with International ISO Standards

The Armenia Stock Exchange and Central Depository (AMX) have successfully completed their compliance certification with ISO 27001:2022 for Information Security Management and ISO 9001:2015 for Quality Management Systems.

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