Fri, 30 January
-2.9 C
Yerevan
USD: 378.64 RUB: 4.98 EUR: 451.38 GEL: 140.77 GBP: 520.55

Yerevan municipality and central bank sign MoU to cooperate in using debt instruments

YEREVAN, July 29. /ARKA/. Yerevan Municipality and the Central Bank of Armenia signed a Memorandum of Understanding to develop an efficient electronic accounting systems and application of debt instruments, Yerevan Mayor Hrachya Sargsyan said on his Facebook page.

The document was signed as part of a process to digitize various spheres of municipality’s activities, initiated by it a few months ago to increase the effectiveness of work, as well as improve control and rapid decision making.

As part of the Memorandum debt instruments will be issued, placed and circulated for the mayor’s office.

Also, an electronic accounting systems will be developed and installed in the mayor’s office.-0-

spot_img

POPULAR

Armenia Ranks Third in Russian Business Account Requests — NSV Consulting

In 2025, Russian business representatives expressed interest in opening accounts in more than 20 foreign jurisdictions.

EBRD invested record €426 million in Armenia in 2025

The European Bank for Reconstruction and Development (EBRD) invested a record €426 million in the Armenian economy in 2025 through 26 projects, the bank's press service reported.

Euro rises 4.49 points against  Armenian dram, while  dollar and ruble fall – Central Bank

The average market exchange rate of the US dollar to the Armenian dram on January 25, 2026, fell 0.21 points compared to January 23, to 379.07 drams.

Euro ups 3.39 points against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market on January 29, 2026, increased by 0.24 points compared to January 26, reaching 379.1 drams.

World Bank names factors behind average annual inflation in Armenia in 2025

In December 2025, Armenia's inflation increased to 3.3 percent (yoy) from 3.1 percent (yoy) in November, according to World Bank's Armenia Monthly Economic Update – January 2026.

LATEST NEWS

spot_imgspot_imgspot_img