Armenia`s government plans introducing SAFE format 

 Friday, April 26 2024 16:19:00
Armenia`s government plans introducing SAFE format 

ArmInfo.The RA government wants to introduce a new format for concluding an agreement - SAFE (Simple agreement for future equity). At a meeting on April 26, the RA National Assembly Commission on Economic Issues issued a positive  conclusion on the amendments to the law "On Joint-Stock Companies."

Martin Galstyan: 2024 is extremely important in context of timely,  high-quality implementation of government capital expenditure  programs
 Wednesday, November 8 2023 14:10

ArmInfo.According to the Central Bank's estimates, we have a positive potential GDP gap.  Chairman of the Central Bank of Armenia Martin Galstyan stated  at the extraordinary sitting of the NA Standing Committee on Financial-Credit and Budgetary Affairs on November 8.

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Directions and possible projects for expanding cooperation with Abu  Dhabi outlined in Yerevan
 Wednesday, November 8 2023 13:47

ArmInfo. RA Prime Minister Nikol Pashinyan received Ahmed bin Ali Al Sayegh, Minister of State at the  United Arab Emirates Foreign Ministry responsible for trade and economic affairs.

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Despite population growth, per capita debt burden reaches $3.8  thousand in Armenia
 Wednesday, November 8 2023 13:44

ArmInfo. In Armenia, the specific debt burden per capita by October 1, 2023 increased to $3.8 thousand from $3.4 thousand a year earlier. Moreover, the per capita debt burden increased both in terms of external debt from $2.1 thousand to $2.2 thousand, and in terms of internal debt from $1.3 thousand to $1.6 thousand, amid an increase in the population of Armenia over the year by 23.2 thousand people - up to 2.994 million  people by October 1, 2023.

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Problems of forcibly displaced Nagorno-Karabakh Armenians to be  reflected in Armenia`s state budget - minister 
 Wednesday, November 8 2023 10:34

ArmInfo.The solution to the problems of forcibly displaced persons from Nagorno-Karabakh is not  reflected in the draft state budget of Armenia for 2024, Armenia's Minister of Finance Vahe Hovhannisyan stated at a meeting of the Committee on Finance and Budget, RA Parliament. 

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South Caucasus Railway reports growing popularity of railroad  passenger traffic
 Wednesday, November 8 2023 10:08

ArmInfo. In January-October 2023, the South Caucasus Railway (SCR) company transported 421.5  thousand passengers, which is 7.1% more than in 2022.

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Specialeurasia: Emirati investments serve to spotlight the potential  and investment prospects within Armenia
 Tuesday, November 7 2023 18:45

ArmInfo. Emirati investments and collaboration with ANIF serve to spotlight the potential and investment prospects within Armenia. This is stated in the extensive analysis of Armenia's economic opportunities of the Specialeurasia platform (Italy), a significant part of which is dedicated to ANIF's projects and especially to the strategic cooperation with the companies of the UAE.

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Armenia participates in China Int`l Import Expo 2023
 Tuesday, November 7 2023 17:24

ArmInfo. Armenia is taking part in the 6th China International Import Expo (CIIE), which takes  place from November 5 to 10 in Shanghai.

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Armenian, Kazakh stock exchanges trade growth leaders 
 Tuesday, November 7 2023 14:46

ArmInfo. In the third quarter of 2023, the growth leaders in the Eurasian Economic Union in  terms of trading volumes were the stock exchanges of Armenia and Kazakhstan, including the Astana International Exchange (AIX), which recorded significant growth for the third quarter in a row. This is  evidenced by data from the Department of Statistics of the EEC (Eurasian Economic Commission).

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Team Energy network of nearby electric vehicle charging stations is  already available throughout Armenia
 Friday, November 3 2023 19:19

ArmInfo.In order to stimulate the use of electric vehicles in Armenia, Team Telecom  Armenia announced the launch of the Team Energy project, within which  an application was developed that allows you to find the nearest  electric vehicle charging stations. In this case, payment can be made  with a bank card, but if the owner of the electric car is a  subscriber of Team Telecom Armenia, the funds can be debited from the  balance of the telephone card.

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Armenia and China are considering possibility ofJV establishing for  electric vehicles production 
 Friday, November 3 2023 18:05

ArmInfo.Armenia and China are considering the possibility of establishing a joint venture for the production of electric vehicles. Minister of Economy of Armenia Vahan Kerobyan announced on November 3, answering questions from parliamentarians at a parliamentary committee hearing on the 2024 state budget.

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For first time in Armenia, UAE becomes leader in FDI
 Friday, November 3 2023 18:00

ArmInfo. The United Arab Emirates (UAE) is the largest investor of foreign direct investment  (FDI) in the real sector of the Armenian economy. Armenian Minister of Economy Vahan Kerobyan announced at a hearing of the draft budget in Parliament on November 3.

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Armenia agreed with European partners on new geographical branding of  Armenian brandy
 Friday, November 3 2023 16:27

ArmInfo. Armenia has agreed with its European partners on a new geographical marking for Armenian  brandy. Armenian Minister of Economy Vahan Kerobyan announced at a hearing in the National Assembly of Armenia on November 3.

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Armenia`s Ministry of Economy, Ministry of Antimonopoly Regulation  and Trade of Belarus
 Friday, November 3 2023 11:33

ArmInfo.The Ministry of Economy of Armenia and the Ministry of Antimonopoly Regulation and  Trade of Belarus will expand cooperation. According to the press service of the department, the corresponding memorandum was signed by the Minister of Economy of Armenia Vahan Kerobyan and the Minister of  Antimonopoly Regulation and Trade of Belarus Alexey Bogdanov.

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Armenian government to allocate AMD 1.37bln to assist forcibly  displaced residents of Nagorno-Karabakh
 Thursday, November 2 2023 13:04

ArmInfo. The Armenian government will allocate AMD 1.37bln to assist the forcibly displaced residents of Nagorno-Karabakh. 

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CBA: services and construction to remain main drivers of economic  growth in 2024; positive trends to be observed in industry
 Tuesday, October 31 2023 19:39

ArmInfo. In 2023, Armenian economic growth is projected at 7.2%, and next year it will be 5.6%.  Governor of the Central Bank of the Republic of Armenia Martin Galstyan stated  on October 31 during a press conference.

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Vahan Kerobyan: Economy Ministry`s budget to increase by 47% in 2024
 Tuesday, October 31 2023 19:36

ArmInfo. The budget of the Ministry of Economy of Armenia for 2024 will be 92.2 billion drams,  which is 47% higher than a year ago. Minister of Economy of Armenia Vahan Kerobyan stated on October 31 at the RA NA  Standing Committees discussions on the draft state budget for 2024.

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Construction of various sections of INSTC to continue in 2024 -  Minister
 Tuesday, October 31 2023 18:15

ArmInfo.In 2024, construction of various sections of the The International North-South Transport Corridor (INSTC)  will continue. Minister of Territorial Administration and Infrastructure of the Republic of Armenia Gnel  Sanosyan stated on October 31 at the RA NA  Standing Committees discussions on the draft state budget for 2024.

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Vahan Kerobyan: Armenia`s tourism budget grown 6.5-fold over past 3  years
 Tuesday, October 31 2023 18:15

ArmInfo.The tourism budget in 2024 will be 13.2 billion drams. Minister of Economy of Armenia Vahan Kerobyan stated on October 31 at the RA NA Standing Committees' hearings on the draft state budget of the country for 2024. In this regard, he emphasized that over the past 3 years, the tourism budget  in Armenia has increased 6.5-fold.

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Vahan Kerobyan: For the first time in history of Armenia, trade  volumes to exceed GDP
 Tuesday, October 31 2023 18:14

ArmInfo. Trade relations with Russia are important for us - we are developing them, but at the same time we are spending enormous resources, time and effort to diversify foreign trade relations in other areas. Armenian Minister of Economy Vahan Kerobyan told reporters during a briefing on October 31.

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Vahan Kerobyan: Armenian-American metallurgical plant in Yeraskh to  be relocated
 Tuesday, October 31 2023 18:13

ArmInfo. Despite the shelling by the Azerbaijani armed forces in direction of the Armenian-American metallurgical plant under construction in Yeraskh (Ararat region), the project continues to be implemented. Armenian Minister of Economy Vahan Kerobyan announced to journalists on October 31 during a briefing.

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News
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