Unemployment rate has dropped in Armenia by 2.6% in the second quarter of 2019, compared to the same period of 2018, amounting to 17.7%, The Statistical Committee released the respective data. The number of unemployed people comprised 207.2 thousand in the second quarter of 2019, against the 236.4 thousand people in the second quarter of 2018. The unemployment rate has significantly dropped by nearly 4.2% in the second quarter compared to the...

The Armenian government summed up the socio-economic results of September 2019. Thus, according to information posted on the official page of the  Government of the Republic of Armenia on the Facebook social network,  in September of this year Armenia successfully placed 10-year  Eurobonds worth $ 500 million with a yield of 4.2%, which is 2.05  percentage points lower than the first issue of Eurobonds. Since September...

Direct investments in Armenia grew 2,8% in Q3 of 2019 against last year’s same period and 1,8% against Q2, totaling 696,3 million dollars, the Central Bank of Armenia said in a report. Despite the drop in direct investments in the last quarters of 2018, the pace of growth of investments started to be restored in the first two quarters of 2019. Portfolio investments in Q2 have also increased against Q2 of 2018, particularly by 52%...