Mon, 27 January
-4.9 C
Yerevan
USD: 398.97 RUB: 4.07 EUR: 418.48 GEL: 138.43 GBP: 495.92
spot_img

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

YEREVAN, March 30. /ARKA/. 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.

“Of course, cash payments in this situation is a problem, but the question is how efficiently can we switch to non-cash payment, and not to change one cash instrument with a more dangerous cash analogue,” Grigoryan said.

The Deputy Prime Minister said the draft law on the reduction of cash turnover received conceptual approval, and, in his opinion, should be adopted quickly.

He said reducing cash turnover and moving to non-cash is a problem, but if events develop in such a way that the pace of this reduction will not be enough and cash circulation will become a threat, then the Central Bank will have something to think about.

The Union of Banks of Armenia called earlier on citizens to make non-cash payments as one of the measures to combat the spread of coronavirus.

From March 16 to April 14, a state of emergency is in force in Armenia. The goal is to curb the spread of coronavirus. On March 24, the government imposed stringent restrictions on the movement of citizens and banned some types of economic activity until March 31.

As of March 30, in Armenia, 482 confirmed cases of coronavirus were reported. Thirsty people recovered and three patients died. ($1 – 498.43 dram). –0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

US dollar, euro and ruble rise in Armenia for the second day in a row

The average market exchange rate of the US dollar to the Armenian dram as of January 21, 2024, amounted to 398.84 drams, increasing by 0.2 points compared to January 20.

Pashinyan holds meeting on regulation of crypto-assets

Armenian Prime Minister Nikol Pashinyan chaired a meeting to discuss a draft law designed to regulate the field of crypto-assets.

EDB: Armenia increasingly likely to complete tcycle of refinancing rate cuts in first quarter

The Eurasian Development Bank (EDB) forecasts a further acceleration in price growth in the coming months, with inflation expected to align closely with the target of the Central Bank of Armenia (3% ±1%).

Armenia’s banking system reports a profit of 363 billion drams in 2024

The profit of Armenia's banking system for 2024 amounted to approximately 363 billion drams, according to the Union of Banks of Armenia (UBA).

ПОПУЛЯРНЫЕ ТЕМЫ

Armenia’s state debt at the end of September 2024 exceeded 2023 figure by 5.5% – Finance Ministry

Armenia's state debt as of the end of September 2024 stood at $12.5 billion, exceeding the previous year's figure by 5.5%, Armenian Finance Minister Vahe Hovhannisyan said.

EDB: Armenia increasingly likely to complete tcycle of refinancing rate cuts in first quarter

The Eurasian Development Bank (EDB) forecasts a further acceleration in price growth in the coming months, with inflation expected to align closely with the target of the Central Bank of Armenia (3% ±1%).

Armenia extends program of subsidizing interest rates on loans for grape purchase by six months

Today, the Armenian government extended by six months the state program of subsidizing interest rates on loans issued to farms for the purchase of grapes.

State depository of precious metals and stones acquired 27.2 kg of golden items in 2010: minister

The State Depository of Precious Metals and Stones, an affiliation of Armenian ministry of finance, acquired last year a total of 27.2 kg of golden items and 6.1 kg of silver items, finance minister Vache Gabrielian said today during a Cabinet session chaired by prime minister Tigran Sarkisian.

Armenian central bank approves merger of Armenian Development Bank and Araratbank

The Central Bank of Armenia has approved a merger agreement concluded by the Armenian Development Bank and Araratbank. The Central Bank registered the agreement on 15th of December

Armenia’s 50,000-dram note among world’s most beautiful banknotes

Armenia’s 50,000-dram note (around 104 USD) is in the row of the 2018 best banknotes in the world, IBNS reports on its website

Unibank to secure card transactions via 3D Secure/ Secure code technology

Unibank will ensure security to card transactions via 3D Secure/ Secure code technology, the press office of the bank reported on Thursday

Head of Central Bank explains reason for AMD revaluation

The currency exchange rates in Armenia are shaped by supply and demand, Chairman of the Central Bank Martin Galstyan said in an interview with Public Television of Armenia, in response to a question about the revaluation of the Armenian dram after the arrival of thousands of Russian nationals after the start of the Russian-Ukrainian war.

LATEST NEWS

Popular Categories

spot_imgspot_imgspot_img