EU disburses 34 mln euros in financial support to Armenia
The European Commission has disbursed 34 million euros to Armenia to support the country's private sector affected by Russia's trade restrictions.
Armenian economy
Peace with Azerbaijan gives boost to Armenian economy, Pashinyan says
The head of the Armenian government noted that the people of the country have chosen the path of peace and "stood up to defend it."
Armenian Minister of Economy to discuss export of Armenian goods
The relevant announcement was made by the minister himself in the parliament
Central Bank of Armenia again keeps refinancing rate unchanged
The board of the Central Bank of Armenia decided to keep the refinancing rate at 6.5% per annum on Tuesday, the regulator said.
Eight railcars of fertilizer to be sent from Azerbaijan to Armenia
Eight railcars loaded with fertilizer will be dispatched from Azerbaijan to Armenia today.
Peace between Azerbaijan and Armenia not only 'on paper' - Ilham Aliyev
Azerbaijan has peace with Armenia on the ground, not only on paper, Azerbaijani President Ilham Aliyev said.
Azerbaijan submitted list of goods for export to Armenia - Papoyan
Baku and Yerevan are currently engaged in discussions regarding trade matters. Armenian Economy Minister Papoyan has stated that the trade turnover between the two nations could potentially reach several hundred million dollars.
Trade, services stimulate Armenia's GDP growth
Armenia's official economic statistics show growth in the national GDP last year
Georgia lowers transit tariff for Azerbaijani fuel bound for Armenia
Georgia has set a symbolic price for the transportation of petroleum products from Azerbaijan to Armenia across its territory. The tariff rate was discussed during a meeting in Yerevan between ministers Kvrivishvili and …
Armenia interested in new investments from Russia
Armenia is actively seeking new investments from Russian companies and is prepared to offer incentives to attract them, Armenia's Minister of Economy, Gevorg Papoyan, stated.
Opening border with Turkey to boost Armenias tourism and economy
Armenia's Deputy Minister of Economy Anushik Avetyan has highlighted the economic benefits that opening the Armenia-Türkiye border would bring.
UN projects GDP growth for South Caucasus countries
The United Nations has presented a new two-year economic growth forecast for the South Caucasus, predicting real GDP growth in Azerbaijan, Armenia, and Georgia to range from 2.7% to 5.4%.
Elchin Amirbekov: Zangezur Corridor to increase trade volumes between Asia and Europe
Amirbekov noted that the Zangezur Corridor will connect Azerbaijan and Armenia for the first time in 30 years
Armenia to receive over $170 million from IMF
The International Monetary Fund (IMF) has approved credit support of over $175 million for Armenia, with disbursements scheduled over a three-year period.
Armenia's GDP grows by 6%
According to the Eurasian Development Bank (EDB), Armenia's GDP increased by 6% this year, driven primarily by growth in the financial, IT, and construction sectors.
Russia and Azerbaijan have no problems in economic area - Overchuk
Russian Deputy Prime Minister Alexei Overchuk said Russia and Azerbaijan understand each other well in the economic sphere and work constructively in it at the level of governments and enterprises.
Armenia's Central Bank leaves refinancing rate unchanged
The Central Bank of Armenia has decided to leave the refinancing rate, or discount rate, at 6.75% per annum, the regulator said.
EU integration to be painful for Armenia - Galuzin
If Armenia follows the path of the EU integration, it will objectively lead to a revision of the established economic relations that Yerevan currently has with its partners in the EAEU, Russian deputy foreign minister Mikhail Galuzin said.
Beijing expresses interest in building nuclear power plant in Armenia
China has expressed interest in building a nuclear power plant in Armenia. Yerevan plans to launch the station within the next ten years.
Volume of money transfers from Russia to Armenia announced
Over the past year, more than $5.5 billion was transferred to Armenia, with Russia remaining the leader in money transfers to the republic.
