Refinancing rate in Armenia cut to 5.50%![]() September 10, 2019 - 18:05 AMT PanARMENIAN.Net - The Armenian Central Bank on Tuesday, September 10 cut its key refinancing rate to 5.50% from 5.75%. The country's consumer price index declined 0.4% in August month-on-month, but was up 0.6% year-on-year, the bank said. The central bank will hold its next meeting on rates on October 29. ![]() ![]() Masdar has entered into a formal agreement with Anif to develop 400 MW solar power projects in Armenia. Armenia hopes to reach an economic growth rate of 7-9% over the period of 2020-22, PM Nikol Pashinyan said. The meeting specifically focused on the possibility of investing and implementing new projects in the future. The export of fruit wines from Armenia grew by 41% in the first seven months of 2019 against the same period last year. ![]() ![]() Partner news | ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |