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The money supply in Armenia increased in May how will this affect the population

Analysis | 2025/07/18 09:35

The money supply in Armenia increased in May how will this affect the population

As of the end of May 2025, the money supply in Armenia amounted to 1 trillion 937 billion 93 million drams, marking an 18.1% increase compared to the same period last year. The data was published by the Statistical Committee of the Republic of Armenia based on the information from the Central Bank.The volume of cash outside the Central Bank amounted to 984 billion 632 million drams, growing by 15%...

AraratBank's “The Will to Get Back on Your Feet Again” Film Series to Be Featured at Armenian National Festival

News | 2025/07/17 13:51

AraratBank's “The Will to Get Back on Your Feet Again” Film Series to Be Featured at Armenian National Festival

With the support of AraratBank, the Armenian National Festival will take place on the upcoming weekend, July 19-20, at Diana Abgar Park (Seasons Park).This is the second year of the Armenian National Festival, which aims to showcase Armenian culture and highlight Armenian heritage and arts. The festival's theme focuses on Armenian royal dynasties. Visitors will learn about specific episodes of Arm...

Return of cultural property. What will change under the new agreement between Armenia and Greece

Analysis | 2025/07/17 12:43

Return of cultural property. What will change under the new agreement between Armenia and Greece

1. Construction and Infrastructure Projects in the RegionsThe Government of Armenia has approved AMD 1.568 billion in funding for urgent regional programs. The goal is to improve water supply, roads, storm drains, the condition of multi-apartment buildings, kindergarten facilities, and more. The programs will be implemented in Ararat, Armavir, Lori, Kotayk, Shirak, Syunik, Tavush, and Vayots Dzor,...