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

Unibank has issued perpetual bonds with an annual coupon yield of 13.2%

Unibank announces a new issue of perpetual bonds denominated in AMD. The total issue volume is AMD 3 billion, with the placement scheduled to continue until 4 December 2026.

Armenia targets 6% annual GDP growth – Prime Minister

The Armenian government aims to ensure an average annual economic growth rate of 6% over the next five years, Prime Minister Nikol Pashinyan stated.

Unibank’s AMD 6.9 billion Perpetual Bonds Listed on the Armenia Securities Exchange

Unibank’s AMD-denominated perpetual bonds with a total nominal volume of AMD 6.9 billion have been listed on the Armenia Securities Exchange and included in the secondary Bbond list of bonds.

Net inflow of remittances to Armenia from abroad doubled over 8 months

The net inflow of cross-border remittances to individuals in Armenia, received from abroad via the banking system of the Republic of Armenia, totaled $1.8 billion in January–August 2026, compared to $889.3 million in January–August 2025, according to a report by the republic's Central Bank.

Pensions, benefits, and cashback: Armenian government allocates 40.8 billion drams for these purposes

At its meeting on Thursday, the Armenian government decided to allocate 40.8 billion drams to fund pension and social payments for the fourth quarter of 2026.

LATEST NEWS

spot_imgspot_imgspot_img