PARLIAMENT BILLS
Amendments to the Labor Code
According to the amendments to the Labor Code
The bill has been adopted by the National Assembly of the Republic of Armenia in the second reading.
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FInancial sphere
Refinance Rate Cut
The Central Bank has cut the refinancing rate by 0.25 percentage point, setting it at 4.25%. This step is a part of the policy of the Central Bank being implemented during the current crisis situation and aimed at adding to the monetary stimulus not only with short but also middle-term effects. The relevant decision was adopted by the Board of the Central Bank at the meeting held on September 15.
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