Today's breaking news from Armenia, Finance

News Armenia » Finance: Armenia finance minister: Government goal is to reduce public debt to below 45%

News channel or source: https://news.am/en/video/1043827

Published on: Tuesday 16 June 2026

The goal of the Armenian government in the coming years will be to reduce the public debt to below 45 percent. Minister of finance Vahe Hovhannisyan announced this during the debates on approving the ...

News Armenia » Finance: Armenia finance minister: Salaries to increase almost twice as much more than bonuses have become salaries

News channel or source: https://news.am/en/video/727773

Published on: Monday 31 October 2022

The government has brought to the National Assembly a draft law on raising the minimum wage as of January 1, 2023 in Armenia. Accordingly, the basic wage will also increase, and therefore the wages of ...

News Armenia » Finance: Armenia: Making The Velvet Revolution Work

News channel or source: https://gfmag.com/country-report/armenia-making-velvet-revolution-work/

Published on: Wednesday 09 October 2019

Armenia’s popular new government is undertaking an ambitious economic overhaul. The early reviews are good. Next month marks the 30th anniversary of Czechoslovakia’s Velvet Revolution, when Czechs and ...

News Armenia » Finance: As Armenia seeks allies in the West, its economic dependence on Russia grows

News channel or source: https://eurasianet.org/as-armenia-seeks-allies-in-the-west-its-economic-dependence-on-russia-grows

Published on: Thursday 27 April 2023

Economic factors arising from the Ukraine war are binding Armenia ever tighter to its longtime strategic partner and patron, Russia. Armenia's trade with Russia nearly doubled in 2022, but that growth ...

News Armenia » Finance: Armenia: By Summer, $500 Million from Russia with Love

News channel or source: https://eurasianet.org/armenia-by-summer-500-million-from-russia-with-love

Published on: Thursday 26 March 2009

Russia will provide a $500 million credit to Armenia by the end of May, the Regnum news agency reported March 27, citing the Armenian Ministry of Finance. The 15-year credit agreement includes a ...

News Armenia » Finance: Multilateral lenders finance Armenia’s biggest PV plant

News channel or source: https://www.pv-magazine.com/2020/07/16/multilateral-lenders-finance-armenias-biggest-pv-plant/

Published on: Thursday 16 July 2020

It has been two years since Fotowatio Renewable Ventures won the bid to develop the 55 MW site and with finance finally secured, the build can go ahead. Armenia’s biggest utility scale solar plant has ...