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Daily Archives: Jun 24, 2020

Central bank is monitoring price stability

The Central Bank of Armenia is monitoring price stability to prevent a drop in the purchasing power of citizens, Central Bank Chairman Martin Galstyan said at an extraordinary parliamentary meeting on Wednesday

Armenian parliament is considering ratification of $315 million loan agreement with IMF

An emergency session of the Armenian parliament discussed today ratification of an agreement with the IMF regarding the use of the $280 million loan, allocated to Armenia in May 2019, and attraction of an additional loan in the amount of $35 million. The money is to help Armenia fight the coronavirus outbreak and mitigate its economic consequences

No shortage of budgetary funds and financial threat to national security in Armenia

There is no shortage of budgetary funds and a financial threat to national security in Armenia, Deputy Finance Minister Armen Hayrapetyan said Wednesday at an extraordinary parliamentary meeting answering an MP’s question that the authorities are spending reserve funds in a difficult situation, and thereby pose a threat to national security

ACBA-CREDIT AGRICOLE BANK launches ‘Join the Big Race’ promo campaign to encourage non-cash transactions

ACBA-CREDIT AGRICOLE BANK has launched today a promotion campaign, called 'Join the Big Race', which it has designed to encourage non-cash transactions