16:24, 8 January 2024
YEREVAN, JANUARY 8, ARMENPRESS. Armenia’s economic growth in 2023 will stand around 8,3-8,5%, Economy Minister Vahan Kerobyan has said.
“We assume that economic growth in 2023 will be around 8,3-8,5%,” Kerobyan said at a press conference.
GDP per capita is projected to be $8,280.
In 2017, Armenia was 122nd among 196 countries according to GDP per capita; Armenia improved its position to 112 in 2020, and according to IMF projections the country will be 86th with 2023 data.
16:30, 8 January 2024
YEREVAN, JANUARY 8, ARMENPRESS. Minister of Economy Vahan Kerobyan has said that he expects poverty rate to drop significantly with 2023 data.
He said that the poverty reduction is a highly important indicator for the government.
“In 2022, when we were living in an environment of high inflation and high economic growth, our international partners were warning us that high inflation could lead to up to 40% growth in poverty. But thanks to the outrunning actions taken by our government, not only didn’t we let poverty level to grow, but we also secured a certain reduction. Poverty dropped from 26,5 percent to 24,8%. However, for 2023, we again have high economic growth, but lower inflation, which allows us to hope that we will have significant reduction in the poverty rate as of 2023,” the Economy Minister said.
17:01, 8 January 2024
YEREVAN, JANUARY 8, ARMENPRESS. For the first time ever, the United States has become one of the biggest trade partners of Armenia, Minister of Economy Vahan Kerobyan has said at a press conference summarizing 2023.
He said that Russia remained Armenia’s biggest trade partner in 2023.
“Our biggest trade partner is still Russia, although its share in the total trade turnover has somewhat dropped. Next come the United Arab Emirates, China, Georgia and the United States, which is in this list for the first time,” Kerobyan said.
He said that Armenia continues to work towards a more diversified foreign trade turnover.
17:06, 8 January 2024
YEREVAN, JANUARY 8, ARMENPRESS. 2,300,000 tourists visited Armenia in 2023, a tourism official has said.
Sisian Boghossian, the Head of the Tourism Committee under the Ministry of Economy, said that most of the 2,3 million tourists came from Russia.
“In 2023 we had two million three hundred thousand tourists, nearly a thirty percent growth compared to 2019 and nearly a thirty-nine percent growth compared to 2022,” she said.
50% of the 2,3 million came from Russia, followed by Georgia and Iran respectively. Diaspora Armenians from the United States are next.
“We have many tourists from India now who arrive from Dubai. Germany and France are still important target markets for us, and China is in the top ten countries,” Boghossian added.
17:19, 8 January 2024
YEREVAN, 8 JANUARY, ARMENPRESS. The Central Bank of Armenia informs “Armenpress” that today, 8 January, USD exchange rate up by 0.01 drams to 405.23 drams. EUR exchange rate up by 1.18 drams to 443.44 drams. Russian Ruble exchange rate up by 0.01 drams to 4.46 drams. GBP exchange rate up by 2.12 drams to 514.89 drams.
The Central Bank has set the following prices for precious metals.
Gold price up by 219.53 drams to 26791.04 drams. Silver price up by 0.26 drams to 299.39 drams.
17:54, 8 January 2024
YEREVAN, JANUARY 8, ARMENPRESS. In his annual “State of the World” address to members of the Diplomatic Corps accredited to the Holy See on Monday, Pope Francis reflected on the conflicts and divisions ravaging the world and highlighted the responsibility of individuals and nations to foster peace, Vatican News reported.
Greeting the ambassadors from throughout the globe accredited to the Holy See, he expressed deep concern about the escalating conflicts worldwide and described the current state of affairs as a "third world war fought piecemeal" openly addressing specific geopolitical crises.
Pope Francis expressed concern about the tension in the South Caucasus and the disagreements between Azerbaijan and Armenia, and called on the two parties to sign a peace treaty.
Pope Francis once again called for peace, stressing the urgency of the legal and safe return of Nagorno-Karabakh Armenians to their homes.
18:56, 8 January 2024
"In 2024, we should implement 21 events, as a result of which the investment and business environment should develop," said Ispiryan.
19:48, 8 January 2024
YEREVAN, JANUARY 8, ARMENPRESS. President of the United Arab Emirates Sheikh Mohamed bin Zayed Al Nahyan has arrived in Azerbaijan for an official visit.
According to Azerbaijani media, President of the United Arab Emirates Sheikh Mohamed bin Zayed Al Nahyan was welcomed by Azerbaijani First Deputy Prime Minister Yagub Eyyubov, Deputy Foreign Minister Yalchin Rafiyev and other officials.
20:17, 8 January 2024
YEREVAN, JANUARY 8, ARMENPRESS. On January 8, Minister of Foreign Affairs of the Republic of Armenia Ararat Mirzoyan received Louis Bono, the Senior Adviser for Caucasus Negotiations, the U.S. Co-Chair of the OSCE Minsk Group, the foreign ministry said.
According to the source, during the meeting, the interlocutors discussed regional security issues, including the normalization process of relations between Armenia and Azerbaijan.
21:20, 8 January 2024
YEREVAN, JANUARY 8, ARMENPRESS. President of Armenia signed a decree appointing Nairi Petrosyan as the permanent representative of Armenia in the Black Sea Economic Cooperation Organization (BSEC), residing in Istanbul, the Presidential Office stated.