A top new Armenian government official told the National Assembly in unusually blunt terms that Armenia had to move on from its war losses. A key government priority would be unblocking trade and transit routes, he said.

Gross domestic product (GDP) grew by 12.7 percent year-on-year in the first half of 2021 after contracting 5.8 percent in the same period last year.

The lombard repo rate was set at 8.5 percent, and the deposit rate at 5.5 percent.

The bank kept the upper level of the rate corridor at 6.75 percent and the lower level at 5.75 percent.