ArmInfo. The international technology summit and exhibition Silicon Mountains 2026 will be held in Yerevan on November 3-4.

ArmInfo. Armenia's debt burden is three times higher than that of Azerbaijan and twice that of Georgia. Hayk Farmanyan, a member of parliament from the Strong Armenia opposition faction, stated this in a conversation with journalists in parliament on November 2, commenting on the draft state budget for 2027 presented by Prime Minister Nikol Pashinyan.

ArmInfo. The positive impact of a number of short-term factors that contributed to economic growth in previous years is gradually weakening, and therefore maintaining sustainable and high rates of economic growth in the future will largely depend on increased productivity, stimulation of exports and private investment, and the effective implementation of measures to improve the investment environment. Central Bank of Armenia Chairman Martin Galstyan expressed this opinion on November 2 at a hearing on the country's draft state budget.

ArmInfo. The international technology summit and exhibition Silicon Mountains 2026 will be held in Yerevan on November 3-4.

ArmInfo. Armenia's debt burden is three times higher than that of Azerbaijan and twice that of Georgia. Hayk Farmanyan, a member of parliament from the Strong Armenia opposition faction, stated this in a conversation with journalists in parliament on November 2, commenting on the draft state budget for 2027 presented by Prime Minister Nikol Pashinyan.

ArmInfo. The positive impact of a number of short-term factors that contributed to economic growth in previous years is gradually weakening, and therefore maintaining sustainable and high rates of economic growth in the future will largely depend on increased productivity, stimulation of exports and private investment, and the effective implementation of measures to improve the investment environment. Central Bank of Armenia Chairman Martin Galstyan expressed this opinion on November 2 at a hearing on the country's draft state budget.

ArmInfo. Armenian Economy Minister Gevorg Papoyan held a business breakfast with business representatives as part of the "Mantashyants 100" format. According to the press service of the Ministry of Economy, the meeting discussed economic processes in Armenia, the business environment, existing challenges, and new opportunities in various sectors.

ArmInfo.  The Central Bank of Armenia increased the countercyclical capital buffer (CCB) by 0.25% to 2.25% of risk-weighted assets (effective from May 2027), estimating the amount of additional capital needed to absorb unexpected losses from an expected shock of almost 250 billion drams. Central Bank of Armenia Chairman Martin Galstyan stated this in an interview with the research website Hetq (Sled). He noted that, for now, this amount will be sufficient to address potential future risks and scenarios for addressing emerging issues, citing assessments from macro-stress testing. "In recent years, the Central Bank, through one of its instruments – the CBC – has increased capital, indicating the need for additional capital in the event that the positive developments we are seeing cease at a certain time, or a certain reversal occurs. Banks would be prepared for these scenarios," Galstyan emphasized. When asked by the interviewer what the Regulator has provided for citizens in this case, the head of the Central Bank noted that, in the context of financial stability, the Central Bank does not have a mandate to demand a conscientious approach from citizens, but regularly encourages financial literacy and takes measures to increase awareness. "In addition to this, for the Central Bank to assume a paternalistic function of intervening in the decisions of every citizen, I note that the Central Bank does not have such a mechanism, and in fact, there are no countries in the world where the regulator has such a function," he noted.

ArmInfo. In New Delhi, Armenian Deputy Minister of Foreign Affairs and International Trade Mnatsakan Safaryan held meetings with representatives of the Confederation of Indian Industry (Confederation of Indian Industry), Invest India, and the Pharmaceutical Export Promotion Council of India (Pharmexcil).

ArmInfo. The funds accumulated in the banking system since 2022 primarily came from non-residents, and the majority of them are still in Armenia. Martyn Galstyan, Governor of the Central Bank of Armenia, stated this in an interview with the research resource Hetq (Sled).