Civilnet- Armenia’s Central Bank this week cut interest rates to 8.25%, as inflation in the country continues to remain well below target levels and the economy continues to grow.
- The Armenian government approved a proposal to establish a World Trade Center in Yerevan, tapping a local real estate developer to take on the $212-million project.
- An electronics seller emerged as Armenia’s top taxpayer in the first quarter of the year, likely the latest sign that the re-export of imported electronics to Russia remains a key driver of economic growth.
Credits: Ruptly
