Armenian economy

 Number of corruption related crimes increases in Armenia

The number of reported economic and corruption related crimes in Armenia grew in the first 10 months of this year, according to the Armenian National Statistical Committee. According to the NSC, corruption crimes in January-October 2018 …

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Moody’s: Armenia to face greatest funding risks

Armenia, Sri Lanka and Pakistan top the list of smaller emerging economies most vulnerable to refinancing risks, because they face a combination of large upcoming repayments and low foreign currency reserves, ratings agency Moody’s …

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Pashinyan announces Armenia's 'new phase'

Armenia's Prime Minister Nikol Pashinyan started today’s Cabinet meeting of the government with an important message. He said that the republic's new Cabinet underwent a period of adaptation, so a new …

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Some Nairit employees receive salaries

Some employees of Nairit chemical plant have their outstanding salaries for five months already paid, Armenia's Vice Premier Ararat Mirzoyan said. He said on his Facebook page that the process of payment of …

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Armenian authorities to subsidize economy in regions

At the suggestion of the Minister of Territorial Administration and Development, the Armenian regions will receive 10 billion drams ($ 20.7 million) as subsidies for the development of the regional economy, " Prime Minister Nikol Pashinyan …

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IMF: Armenia is the poorest country in South Caucasus

The International Monetary Fund (IMF) has released a fresh report on the economic power of the world's nations, in which it ranks the world's countries according to their GDP based on purchasing power parity (PPP) per capita. …

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Migration from Armenia assumes escape character

The permanent population of Armenia decreased by 13.4 thousand people over the past year, according to the National Statistical Service of the republic. At the same time, it was noted that during the year 10.3 thousand more people were born …

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Armenian external debt keeps growing

Armenia's external debt amounted to $5.1 billion as of December 1, 2017,  the country’s national statistical service. In November 2016, Armenia's external debt increased by $62 million, Armenian media reported. …

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