ArmInfo.Rallies and marches that took place in Yerevan during 2024 resulted in a decline in  Russian tourist numbers.This was stated by the RA Minister of Economy Gevorg Papoyan in the National Assembly of Armenia on October 31st.  "I don't want to dramatize, but tour operators canceled thousands of  visits in April and May.  

ArmInfo.The Armenian Securities Exchange (AMX) and the Central Depository summed up the  year by holding AMX AWARDS 2024 and awarding the most active participants in Armenia's capital market based on their achievements in 2023-2024.

ArmInfo.October 31 is recognized as World Savings Day on the financial calendar. To celebrate, Idram Junior hosted 25 participants from the Koreez 2024 "Junius" financial literacy competition, all aged 10 to 14.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.In the next year and a half, Armenia will have to make a number of important decisions  regarding its r political, geostrategic and economic development.  In  economic terms, and perhaps in a broader sense, Armenia will have to  determine what kind of country it wants, can and should be.

ArmInfo.

ArmInfo.

ArmInfo. During a press conference on October 29, Martin Galstyan, the chairman of the  Central Bank of Armenia, stated that there is a significant demand for consumer and mortgage loans in Armenia, and since the refinancing rate of the Central Bank is essentially unitary, it can have a dual effect on the market in the event of high demand for credit resources.

ArmInfo.

ArmInfo.

ArmInfo. Deputy Minister of Finance of Armenia Eduard Hakobyan presented the country's economic  development strategies at the annual meetings of the Board of Governors of the International Monetary Fund (IMF) and the World Bank (WB).

ArmInfo. The Central Bank of Armenia continues to reduce the refinancing rate, this time also by  0.25 percentage points - from 7.5% to 7.25%. This is the seventh reduction in the key rate this year, by a total of 2 percentage points (from 9.25% in December 2023). 

ArmInfo. Armenia intends to develop business tourism (MICE tourism). To further this goal, a  regional tourism forum was held in Dilijan, with the participation of Deputy Minister of Economy of Armenia Arman Khojoyan.  In his speech, he noted that over the past two decades, tourism has become one of  the key areas of the Armenian economy, stimulating economic growth, creating new jobs and raising the standard of living of in our communities.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.The Central Bank of Armenia believes that, given the heightened geopolitical and regional risks, as well  as a decrease in previous drivers of economic growth, implementing a counter-cyclical economic policy centered on enhancing the effectiveness of state capital investments and further refining tax policy is crucial for ensuring macroeconomic stability in 2025.