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Armef.com economy website launched in Armenia

Armef.com economy website launched in Armenia

PanARMENIAN.Net - A presentation of a new economy website armef.com and It’s Armenia analytics magazine was held Wednesday, February 13.

According to the magazine editor Mher Davoyan, the source provides an insight into Armenia’s economy and governmental policies, with the mode of coverage accessible even to non-specialists.

The website creation initiative belongs to the country’s Finance Ministry, with private sector representatives as active participants.

“I hope for the website to become a forum enabling discussion on a number of important economy-related issued,” Finance Minister Vache Gabrelyan said.

 Top stories
Annual deflation in the country was at 1.9% in August, compared to 1.3% deflation in July, according to central bank data.
Armenia has been listed in the top 20 among the world’s most economically free countries, raking the 18th out of 159 countries and territories.
Another of the issues the PM weighed in on was corruption. He said that new committees will be established to tackle the issue.
The foreign debt makes up around $4.5 billion, including the government’s $3.99 billion and the Central Bank’s $502.4 million debts.
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