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Tag: ARMENIA ANALYST INFLATION

Armenia at the center of global financial and technological discussions

Experts from around the world, leading specialists in the financial and technological sectors, participated in the international Black Swan Summit conference in Armenia and discussed how rapid technological change can lead to new opportunities and economic progress.

Martin Galstyan: Market anticipates a reduction in rates, but the Central Bank  dismisses these expectations

The market expects a decline in the refinancing rate to between 6.25% and 6.5% in the medium term, nevertheless, Martin Galstyan, the Governor of the Central Bank of Armenia, indicated that the regulator does not concur with these predictions.

Central Bank of Armenia leaves refinancing rate unchanged at 6.75% for sixth consecutive time

At its meeting on November 4, the Board of the Central Bank of Armenia left the refinancing rate unchanged at 6.75%.

Finance Minister to Represent Armenia on AIIB Board of Governors

Finance Minister Vahe Hovhannisyan has been appointed as Armenia's Governor on the Board of Governors of the Asian Infrastructure Investment Bank (AIIB), according to a decree by RA Prime Minister Nikol Pashinyan.

Unique destination for horseback riding and nature lovers, Yeramak, created in the village of Drakhtik in Gegharkunik region (video)

YEREVAN, October 28. /ARKA/. Karen Ghalechyan has created a unique destination for horseback riding and nature lovers, "Yeramak," in...

Universal cashback for cashless payments in Armenia is planned to launch on January 1, 2026

The universal cashback system developed in Armenia for cashless payments is planned to launch on January 1, 2026, Finance Minister Vahe Hovhannisyan announced during a parliamentary discussion of the 2026 draft state budget.

A universal cashback system for cashless payments is planned to be introduced in Armenia – Prime Minister

The Armenian authorities are considering introducing a universal cashback system for citizens on cashless payments, announced Prime Minister Nikol Pashinyan.

Armenian commercial banks contributed 131.2 billion drams in taxes to  state budget during the first nine months

All 17 commercial banks operating in Armenia from January to September 2025 were listed among the 1,000 largest taxpayers for the period, having contributed 131.2 billion drams to the state budget. This information is based on data released by the State Revenue Committee of Armenia.

The main mistake cyber fraud victims make in Armenia is providing credit card information – Central Bank

The most common mistake bank customers in Armenia make, which results in them becoming victims of fraud, is providing credit card information.

The mandatory health insurance system will cover approximately 30% of medical services in Armenia – Prime Minister

According to the Armenian government's estimates, approximately 30% of medical services will be included in the insurance package under the mandatory health insurance system, Prime Minister Nikol Pashinyan announced at a briefing.

Armenia intends to revise its public debt structure; its ratio to GDP will decrease by 2 percentage points, according to the Ministry of Finance

The Committee on Financial, Credit, and Budgetary Affairs of the National Assembly of Armenia approved the draft law "On Amendments to the Law on Public Debt" in its first reading.

EDB expects prices in Armenia to remain within  Central Bank’s target range in 2025

In its weekly macroeconomic review, the Eurasian Development Bank (EDB) has maintained its forecast for consumer price growth in Armenia, indicating that it will remain within the target range set by the Central Bank for this year.