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Daily Archives: Mar 30, 2020

Armenian deputy prime minister commens on the need to switch to cashless payments as part of the fight against coronavirus

Speaking at a news conference today, Armenian Deputy Prime Minister Mher Grigoryan commented on the need to reduce cash flow in the country and switch to cashless payments as part of the fight against the spread of coronavirus

EDB expects low inflation in Armenia to remain in 2020

In 2020, Armenia’s GDP growth will slow down to 5.6% due to the exhaustion of the effect of a low comparison base in the ore mining sector as well as a reduction in net exports caused by weak external demand, the Eurasian Development Bank’s division for analyses said in its review.