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Tag: ARMENIA ANALYST INFLATION

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.

VTB (Armenia) partnered with Maestro Valery Gergiev’s concert in Yerevan

With the backing of VTB (Armenia), a concert featuring Maestro Valery Gergiev and the Mariinsky Theater Symphony Orchestra took place at the Aram Khachaturian Concert Hall.

Some 97 billion drams will be allocated in Armenia to refund income taxes on mortgage repayments for 62,000 citizens

A total of 97 billion drams will be allocated in Armenia to reimburse income taxes on mortgage repayments for 62,000 citizens, as stated by Eduard Hakobyan, Chairman of the State Revenue Committee.

WB: Central Bank of Armenia expects refinancing rate to be cut to 6.25% this year

The board of the Central Bank of Armenia kept the policy rate unchanged at 6.75 percent and announced that it expected to gradually lower the refinancing rate to approximately 6.25 percent over the next 12 months.

World Bank Identifies Segments with High Inflation in Armenia in August

Annual inflation rose to 3.6 percent in August, up from 3.4 percent in July, according to the World Bank's "Armenia Monthly Economic Update – September 2025."

Armenia seeks to resume accepting “Mir” cards, but the problem remains unresolved

Armenia does intend to restore the ability to pay with cards from the Russian Mir payment system, but the media has misrepresented the situation, Lusine Gevorgyan, Chairperson of the RA Tourism Committee, told the ARKA news agency.

Exclusive terms for purchasing a new car from Acba Leasing

The Armenian Auto Show is taking place at Karen Demirchyan Sports and Concert Complex until September 28.

Armenia to Receive €150 Million Budget Support Loan from the French Development Agency

At a meeting on Thursday, the Armenian government approved a proposal to sign a €150 million loan agreement with the French Development Agency (AFD) under a budget support program.

Armenia and Greece deepen cooperation in the banking sector

A memorandum of understanding between the Union of Banks of Armenia (UBA) and the Association of Hellenic Banks was signed at the international banking forum entitled "The Future of the Banking System: Sustainable Development and Innovation Prospects."

Central Bank of Armenia has kept the refinancing rate at 6.75% for the fifth time in a row

At its meeting on September 16, the Board of the Central Bank of Armenia left the refinancing rate unchanged at 6.75%.

Collector coin dedicated to the 100th birth anniversary of Henrik Malyan

On September 16, 2025, the Central Bank of Armenia puts into circulation “100th birth anniversary of Henrik Malyan” silver collector coin.

Armenia to receive EUR 50 million loan from EIB for sustainable development of Syunik

At a meeting on Thursday, the Government of Armenia approved a loan agreement between the European Investment Bank (EIB) and the Armenia - Sustainable Syunik program, the Special Investment Window of the Neighborhood and Enhanced Partnership Instrument+ (NIP+) in the amount of EUR 50 million.