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Tag: economic

Armenia’s economic prospects are positive for following years, expert says

Armenia's economic prospects for the next few years are positive, Alexey Cherekaev, a project group director at the Eurasian Fund for Stabilization and Development (EFSD), said in an interview with ARKA news agency

Fitch affirms Armenia’s credit rating at ‘B+’ and forecast slightly higher economic growth

The Fitch credit rating agency said today in a note that Armenia’s exposure to Russia -- particularly as a source of remittances by expatriate Armenian workers -- appears to be a key risk for Yerevan’s economy

Financial awareness low in Armenia – Central Bank

The level of financial awareness among the population in Armenia is low, member of the board of the Central Bank of Armenia (CBA) Armenak Darbinyan told reporters on Thursday, in presenting the results of the survey as part of the national strategy on financial education

Even slight movement forward by Armenian banks amid current economic difficulties to be considered as progress – Chzmachyan

Even a slight movement forward by Armenian banks this year amid current economic difficulties will be considered as progress, Samvel Chzmachyan, chairman of the Union of Banks of Armenia, said in an interview with ARKA News Agency

Armenia’s economic activity index in January February 2014 grew by 2.4 % year-on-year

Armenia's economic activity index in January-February 2014 grew by 2.4 % when compared with January-February 2013, the National Statistical Service (NSS) said

Global economic growth 2.6% in 2014: HSBC projection

Global economy growth will be 2.6% in 2014, a bit higher than in 2013 (2%), says HSBC’s projection

IMF to release new macroeconomic outlook on Armenia in June

The International Monetary Fund (IMF) will release its new outlook on Armenian macroeconomic situation in June, said Guillermo Tolosa, IMF Resident Representative in Armenia

Rational use of resources may put Armenia to 10-11% GDP growth in 2013 : Expert

Armenia may post 10-11% GDP growth in 2013 applying to an effective use of resources, Alternative Center director Tatul Manaseryan told reporters on Friday

IVQ economy of eurozone downed 0.9%

Eurostat will publish the second assessment of the Eurozone’s 4Q GDP at 14:00 Moscow time

Prime-Minister: armenia’s economic growth at 7.2% in 2012

Armenia’s economic growth stood at 7.2% by the end of 2012, the country’s prime minister Tigran Sargsyan said

Economic activity in Armenia increased by 2.3% in June

Economic activity in Armenia increased by 2.3% in June.

Finance minister: Armenia gradually going back to stable economic development

Armenia is gradually going back to stable economic development, Armenian Finance Minister Tigran Davtyan said Wednesday at a news conference.