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Tag: Davtyan

Armenia’s government monitors global recessive tendencies to correct its own economic policy

Economy admin -
Armenia’s government is attentively monitoring the recent recessive tendencies in Europe and some other regions so as to correct its own economic policy, acting Economy Minister of Armenia Tigran Davtyan said Friday

Armenian economy ready to face possible second wave of world crisis- Economy Minister

Economy admin -
Now Armenian economy is more formulated than earlier and is ready to face the possible second wave of world crisis.

Davtyan: IMF facilitates credit terms for Armenia

Economy admin -
International Monetary Fund (IMF) facilitates credit terms for Armenia by increasing redemption of anti-crisis credits twice, said Armenian Minister of Finance Tigran Davtyan.

Ministry of Finance: Economy of Armenia undiversified

Economy admin -
Armenia's economy is not diversified enough," the Minister of Finance Tigran Davtyan said.

Effect of bailout steps already visible in Armenia

Economy admin -
Armenian government’s bailout measures have already produced some results, Finance Minister Tigran Davtyan said at a press conference on Wednesday.

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Central Bank of Armenia warns about fraudulent surveys and urges not to share banking data

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The Central Bank of Armenia does not conduct any surveys regarding citizens' banking data, the regulator said today.

Euro up 3.8 drams, US dollar down 0.1 points

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The average market exchange rate of the US dollar to the Armenian dram as of January 22, 2024, was 398.74 drams, down 0.1 points compared to January 21.

Armenia to get $40 million loan from  IBRD for substation reconstruction

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The National Assembly of Armenia has ratified today a $40 million loan agreement between the government and the International Bank for Reconstruction and Development (IBRD, a World Bank division).

US dollar, euro and ruble rise in Armenia for the second day in a row

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The average market exchange rate of the US dollar to the Armenian dram as of January 21, 2024, amounted to 398.84 drams, increasing by 0.2 points compared to January 20.

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