Armenia News News Armenia » Finance: Armenia refuses to finance Russian-led CSTO security alliance
Armenia will not partake in the financing of the Collective Security Treaty Organization (CSTO), Yerevan announced on May 8. This comes as the latest in a series of steps the country has taken to ...
News Armenia » Finance: Finance Minister: Armenia state budget revenues exceeded planned indicator by 6%
Armenia's state budget revenues exceeded the planned figure by 6%, and compared to the same period last year, expenses increased by 7%. Armenian Minister of Finance Vahe Hovhannisyan on Wednesday ...
News Armenia » Finance: Finance ministry: Armenia national debt amounts to $13.9bln as of June 30
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News Armenia » Finance: Armenian PM critical of Moscow-dominated security pact
YEREVAN, Armenia (AP) — Armenia's prime minister on Tuesday accused a Moscow-dominated security alliance of leaving his country in the cold in the face of a threat of renewed hostilities with ...
News Armenia » Finance: As Armenia seeks allies in the West, its economic dependence on Russia grows
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: EIB Global signs €236 million loan to finance construction of Sisian-Kajaran road
The road is a vital segment of the north-south transport corridor, enhancing connectivity between the European Union, Middle East and Asia. The project will contribute to climate change mitigation, ...
News Armenia » Finance: Gazelle Finance invests in Armenian textile manufacturer Sonati
International investment fund Gazelle Finance has invested in Armenian high-end textile manufacturer Sonati, which is looking to open stores in countries like the US and Russia. The textile company, ...
News Armenia » Finance: Armenian companies to get enhanced access to finance as EIB Global and European Commission offer financial package of almost €70 million
Armenian micro-, small and medium-sized enterprises (MSMEs) are the focus of a nearly €70 million financing package from EIB Global and the European Commission. EIB Global is offering €58.5 million in ...
News Armenia » Finance: Supporting Sustainable Financing and Access to Finance in Armenia
In Armenia, both external and domestic financing face challenges. Armenia’s share of inward foreign direct investment (FDI) in private external financing has declined significantly over the past ...