Economy

Economic snapshot

From Surge to Stability: Armenia’s Economic Snapshot

As Armenia’s rapid economic growth slows, the government’s ambitious reform agenda, aimed at accelerating economic growth and attracting investment, faces ongoing challenges. Despite notable investments, progress remains uneven across sectors like health, education and agriculture. Sandra Sadek explains.
Growth and Trade Slow, Inflation Eases

Growth and Trade Slow, Inflation Eases

Armenia’s statistics agency recently released its annual report on a number of socio-economic metrics covering sectors from trade to tourism to employment and inflation. Hovhannes Nazaretyan presents some of the more interesting findings reflecting the state of the country.

The Need to Diversify Armenia’s Financial System

The Need to Diversify Armenia’s Financial System

Banks make up the largest portion of Armenia's domestic financial system, accounting for approximately 79% of its total assets. While the banking system is well-regulated and devoid of bankruptcies for more than two decades, Armenia needs to diversify its financial system to ensure growth and prosperity.

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