ArmInfo. Armenia's gross international reserves go on decreasing as against the historical record last August, $4.219bln.

ArmInfo.

ArmInfo. Team Telecom Armenia summed up the results of 2023, which was marked by the company's entry into the capital market, the construction of a new generation network, the re-equipment of mobile stations, the launch of the Team Energy project and a number of other initiatives.

ArmInfo. Team Telecom Armenia service and sales centers will work with the special schedule on pre-holiday and public holidays.  In particular, centers that were open until Friday will be open on Saturdays and Sundays during this period. At the same time, the main branches on Amiryan Street and Northern Avenue will be open until midnight on December 30 and until 8:00 p.m. on December 31.

ArmInfo.

ArmInfo.

ArmInfo. In 2024, it will be  possible to import 7,400 electric vehicles into Armenia with zero  customs duty. The decision to apply tariff benefits to electric  vehicles imported into the territory of the Republic of Armenia was  made on December 28 at a government meeting.  The rationale for the  decision states that during the Eurasian Intergovernmental Council,  an agreement was reached to extend the exemption for the import of  electric vehicles for another two years. In Armenia in 2024-2025, a  tariff quota will be established for 8,000 vehicles with an electric  motor during the year. The remaining 600 units of electric vehicles  are planned to be kept in reserve.

ArmInfo. The shares of Team  Telecom Armenia telecommunications company,  after placement through  an initial public offering, were listed on the Armenia Securities  Exchange and will be quoted on the secondary securities market. This  is noted in the message of Team Telecom Armenia.

ArmInfo. Since the introduction  of the 10% cashback program for pensioners and people receiving  benefits when paying with bank cards, from July 2022 to November  2023, Armenian pensioners have made non-cash purchases totaling 62  billion drams. Cashback amounted to 5.2 billion drams. Prime Minister  Nikol Pashinyan announced today at a meeting of the Cabinet of  Ministers.

ArmInfo. The Upper Lars  checkpoint is again closed to all types of vehicles. This is stated  in the message of the Russian Ministry of Emergency Situations for  North Ossetia.

ArmInfo. "HSBC Bank Armenia" CJSC (hereinafter HSBC Armenia / Bank) continues its tradition of the Toy Drive for children from disadvantaged backgrounds in various regions of Armenia. This year the magic of the winter season came alive for over 200 children from the Kotayk region.

ArmInfo. Every year, Idram and IDBank teams prepare gifts and become "Secret Santa" for children in need. This year, the two companies decided to deliver gifts to the children whose families were killed as a result of the painful events in Artsakh. IDBank and Idram employees prepared individual gifts for around 300 children, knowing only the child's name, gender and age.

ArmInfo. Armenia's Minister of Economy Vahan Kerobyan held a meeting with member of the American Chamber of Commerce in Armenia (AmCham) and of Armenia's business community to sum up the year 2023 and discuss programmes of next year.

ArmInfo.

ArmInfo. The Central Bank of Armenia forecasts a decline in export and import volumes by 9.5% and 7.3% for 2024, after a sharp slowdown in growth in 2023 to 22.1- 30% (from 77.7-63.5% in 2022) . But according to the Central Bank's forecast, both exports and imports will grow by 2.6% and 3.2% in 2025. This is noted in the Central Bank's Monetary Policy Program (MPP) for Q4 2023, published at the end of December, where GDP growth expectations for 2023 indicate a less noticeable slowdown in rates to 8.3% (from 12.6% in 2022) and further to 6.1% in 2024 and 5.7% in 2025.

ArmInfo.

ArmInfo. As of February 1, 2024, the electricity tariff will remain unchanged in Armenia. The decision was made on December 27 at a meeting of the RA Public Services Regulatory Commission (PSRC).

ArmInfo.

ArmInfo. From December 25, 2023 to January 30 of the next year, borrowers with gold collateral can participate in the Ardshinbank raffle and win one of 100 gifts.

ArmInfo. Ardshinbank has announced a decision to opt out of traditional New Year corporate celebrations. Instead, the bank will redirect the earmarked funds towards assisting one hundred families from Artsakh who have faced displacement.