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Tag: pension system

Armenian finance minister: citizens’ confidence in new pension system to emerge within one year and six months

Economy
itizens’ confidence in the new pension system will emerge no later than in one year and six months, Armenian Finance Minister David Sargsyan told journalists on Friday in Tsakhkadzor

Armenian government adamant to enforce funded pension system from 2014 January – head of staff

Economy
The head of the Armenian government staff, Vache Gabrielyan, said today the authorities are not going to postpone the introduction of mandatory funded pension system from next year, despite the mounting popular opposition

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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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