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Daily Archives: Dec 5, 2024

Armenia to receive nearly EUR 90 million loan from ADB to support budget

The Asian Development Bank (ADB) will provide Armenia with a EUR 89.47 million loan under the “Fiscal Stability and Financial Markets Development Program. Subprogram 2”.

Average annual exchange rate of Armenian dram to US dollar  projected at 402 drams in 2025 – EDB

The value of the Armenian dram will decrease slightly in 2025, and its average annual exchange rate to the US dollar is projected at 402 drams in 2025, according to the Eurasian Development Bank’s (EDB)   macroeconomic forecast for 2025-2027.

Armenian Finance Ministry names areas that influenced inflation in August

The Armenian Finance Ministry has named the areas that had a positive and negative impact on inflation in August.

EDB forecasts inflation in Armenia to reach 3.1% by 2025

Inflation in Armenia is forecasted to reach 3.1% year-on-year by the end of 2025, according to the bank’s macroeconomic forecast for 2025-2027.

Capital market development in Armenia discussed with ADB and the French development agency

Sevak Mikaelyan, Deputy Minister of Economy of Armenia, met with a joint mission from the Asian Development Bank (ADB) and the French Development Agency (AFD) yesterday.