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Tag: FORECAST

ADB revises upwards growth forecast for Armenia to 5.2%, from 1.8%

Economy
The Asian Development Bank has revised upwards the growth forecast for Armenia in fiscal year 2021 to 5.2%, from 1.8% predicted earlier, according to its latest Asian Development Outlook 2021 report, released on September 22.

Armenian central bank revises downward economic growth forecast for 2018

Economy
Armenia’s Central Bank has revised downward its forecast of economic growth for 2018 to 4.6%-5.1% from its previous projection of 5.6%-6.9%

Loan interest rates in Armenia likely to start going down – forecast

Banks
Loan interest rates in Armenia are likely to start going down, Ruben Melikyan, the financial director of Anelik Bank and a member of its board, said Tuesday in an interview with ARKA News Agency

Armenian banks lower their 12-month inflation forecast for 2015

Banks
A survey conducted among Armenia-based banks revealed that they expect this year’s 12-month average inflation to be 4.3%, down from their previous average forecast of 4.7%, the Central Bank of Armenia said today in a report on its monetary policy for the third quarter of 2015

Demand for corporate dram bonds inn Armenia will be growing – Forecast

Capital market
Demand for corporate dram bonds inn Armenia will be growing, Karen Turyan, deputy executive director and the head of the investment division of ArmSwissbank, told journalists on Wednesday

IMF lowers 2013-2014 economic growth forecasts

Economy
The International Monetary Fund has lowered its projections for global economic growth, including in the United States, citing sharp cuts in government spending and the struggling eurozone

WB upgrades Armenia’s 2014 GDP January forecast to 4.5% from 4.2%

Economy
The World Bank reviewed Armenia’s GDP indicator upgrading it to 4.5% from 4.2%

Armenia’s Central Bank forecasts 4.7% growth in nominal wage this year

Economy
Monetary and Credit Policy of Armenia’s Central Bank for the First Quarter of 2012 Program forecasts growth in the average nominal wages at 4.7% in Armenia

CBA forecasts inflation in the lower level of planned corridor of 4% (±1.5%)

Economy
Inflation in Armenia by the end of 2011 will be formed in the frames of permissible fluctuation corridor of 4% ±1.5%, stabilizing at the lower level, according to the press-service of CBA.

Forecast: Armenia’s inflation to stand at 7% this year

Economy
Armenia’s inflation is believed to stand at 7% this year, Ameriabank’s development director, Tigran Jrbashyan said on Friday.

IMF confirms its Armenian economy forecast

Economy
IMF confirms its Armenian economy forecast

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ACBA Bank to Invest $50 Million in MSME Development in Partnership with JICA (VIDEO)

ACBA Bank and the Japan International Cooperation Agency, JICA, are launching a partnership, as a result of which ACBA Bank will invest $50 million in the development of micro, small and medium-sized enterprises in Armenia.

Pashinyan: “banking secrecy is no longer a ‘sacred cow’ in democratic countries”

Armenian Prime Minister Nikol Pashinyan said today that banking secrecy cannot be inaccessible to the state.

Euro down 1.47 points to 412.25 drams

The average market exchange rate of the US dollar to the Armenian dram as of January 31, 2024, was 97.35 drams, down 0.57 points compared to January 30.

Armenian company buys Russian subsidiary of Goldman Sachs

Russian President Vladimir Putin has authorised the purchase of Goldman Sachs' unit in Russia by investment company Balchug Capital, a government decree published on Friday showed, Frank Media reports.

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