Armenia plans to increase pensions in July next year, Minister of Finance Tigran Khachatryan said in the National Assembly on Wednesday. In the beginning of the year some increase in the salaries of …
Armenian Finance Ministry gives outlook on economic activity and debt ratio
AMD revaluation and economic activity caused a positive effect on the government’s debt/GDP ratio which will be close to 50% by the end of the year, said Armenian Minister of Finance Tigran …
Ardshinbank is the only company from Armenia with assigned ratings from the big three credit rating agencies
The rating action overview given by S&P Global Ratings emphasizes that Ardshinbank CJSC is the largest bank in Armenia with total assets of AMD 1.14 trillion and market share of about 15.7% as of 30 …
Forbes on 23% IT growth in Armenia, domestic unicorns, investors and venture capital market
The Russian edition of Forbes magazine has a story about the impressive growth of the IT sector in Armenia – about 23% per year over the last decade, as well as its unicorns and lack of investors.
Rostelecom looking to build data center in Armenia
Russia’s Rostelecom is reportedly considering the development of a new data center in Armenia. Armenian Minister of Economy Vahan Kerobyan and his deputy Narek Teryan this week met with Rostelecom …
Finance ministry: Armenia national debt will decrease in dram terms but we will borrow new debts
The national debt of Armenia will decrease in dram terms next year, 70% of the debt is in foreign currency, whereas the dram has been appreciated. In an interview to Armenpress, Deputy Minister of …
Finance ministry: Armenia national debt will decrease in dram terms but we will borrow new debts
The national debt of Armenia will decrease in dram terms next year, 70% of the debt is in foreign currency, whereas the dram has been appreciated. In an interview to Armenpress, Deputy Minister of …
Armenia’s 2023 state budget draft envisages increasing defense spending by 160 billion drams
ARMENPRESS. Armenia’s 2023 state budget draft envisages increasing the defense budget by 160 billion drams, which will comprise around 505 billion drams. The draft also envisages that the state debt …
Armenia’s 2023 state budget draft envisages increasing defense spending by 160 billion drams
ARMENPRESS. Armenia’s 2023 state budget draft envisages increasing the defense budget by 160 billion drams, which will comprise around 505 billion drams. The draft also envisages that the state debt …
Chaarat confirms Lydian Armenia takeover talks
London-listed Chaarat Gold on Monday confirmed that it was in discussions regarding the potential takeover of Lydian Armenia, the owner of the controversial Amulsar gold mine. Lydian Armenia is a 100% …