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Daily Archives: Sep 22, 2022

All government benefits to be paid in cashless way in Armenia

The Armenian government on Thursday adopted a decision whereby starting from January 1, 2023 all types of government benefits paid to needy families, the unemployed etc. will be paid in cashless way in urban and rural communities with a population over 1,000 people, and from 2024 in the rest of the villages

Armenian banks are free to halt or continue the use of Russian Mir payment system – Central Bank

Commercial banks in Armenia are free to decide whether to halt or continue the use of the Russian Mir payment system after warnings from Washington over the risk of falling foul of US sanctions on Moscow, the Central Bank of Armenia said today