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Daily Archives: Oct 18, 2023

Inflation in Armenia to accelerate by the end of the year, but  remain below Central Bank’s projection- EDB review

Economy
Inflation in Armenia will accelerate by the end of the current year, but will remain below the Central Bank's projection of l (4±1.5%), according to the Macroeconomic Review of the Eurasian Development Bank (EDB), compiled based on October 2023 data

EDB: easing of monetary conditions in Armenia will contribute to acceleration of price growth

Economy
Monetary easing in Armenia will contribute to accelerating price growth in late 2023 and early 2024, says the Eurasian Development Bank's (EDB) October 2023 Macroeconomic Review

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Armenia’s total state debt rose to $12.8 bln by December 2024.

Armenia's overall public debt as of December 31, 2024 amounted to $12,842,240,000, increasing by $274.4 million compared to November 30, 2024, the National Statistical Committee said.

Stepan Gishyan charity starts accepting  applications for grants up to AMD 5 million for 2025

The Stepan Gishyan charity foundation, run by Acba Bank, has announced today the launch of a grant competition, designed for legal entities.

Armenia’s SRC doesn’t see details of citizens’ transactions: committee head – on banking secrecy

“When we talk about access to bank secrecy of a person, we mean the amount of his/her transactions. There is no access to the details of the transactions,” the head of Armenian State Revenue Committee  (SRC) Eduard Hakobyan told  a parliamentary discussion today on the universal income declaration.

Euro jumps 3.4 points to AMD 413.36

The average market exchange rate of the U.S. dollar to the Armenian dram on February 5, 2025, totaled AMD 396.58, down 0.13 points compared to February 4.

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