ArmInfo. Armenia's gross international reserves (GIR) in February 2024 decreased by 4.6% per  annum or by $164 million, amounting to $3.381 billion, while a year ago there was an increase of 17.7% or by $532.1 million - to $3.545 billion. Dynamics for January-February and only for February, like a  year earlier, also downward, as a result of which the GMR moved more noticeably away from the historical maximum $4.220 billion achieved in August 2023. This is evidenced by data from the Central Bank of  the Republic of Armenia.

ArmInfo. The World Bank will provide Armenia with a loan of 92.3 million euros and a grant of 16  million euros to finance the budget deficit. The resolution was approved at a government meeting on March 28.

ArmInfo.Armenia and Kazakhstan agreed to create a joint business club following a meeting  of the business delegation of the Astana Diplomatic Club with members of the Union of Industrialists and Entrepreneurs of Armenia. 

ArmInfo.Trade and economic relations are developing dynamically in both bilateral and  multilateral formats, which is significantly facilitated by contacts at the highest level. Ambassador of Kazakhstan to Armenia Bolat Imanbayev stated during the Armenia- Kazakhstan Business Forum.

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ArmInfo. We want to offer Armenia an alternative logistics route that will significantly reduce  time costs for cargo carriers and which has a competitive price.  President of the "Astana" Diplomatic Club Kaiyrbolat Sakhmetov said in a conversation with an ArmInfo correspondent Within the framework  of the meeting of the business delegation of Kazakhstan with the members of the  Union of Manufacturers and Businessmen of Armenia (UMBA).

ArmInfo.From March 26 to June 26 of this year, AraratBank starts placement of bonds subject to the conditions described below:

ArmInfo. Viva-MTS Telecommunications operator has changed its company name to Viva Armenia.

ArmInfo.IDBank joins the pension cashback program, within the framework of which 10% is returned as cashback for non-cash payments made by the pensioners.

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ArmInfo. In Armenia, the price index of industrial products decreased in Jan-Feb 2024 compared to the same period in 2023 to 99.6% from 100.8% a year earlier. Such a trend is observed against the backdrop of a sharp acceleration in the y-o-y growth of the industrial sector from 1% to 28.9%, providing volumes of 461.6 billion drams ($1.1 billion), by preliminary data from the RA Statistical Committee.

ArmInfo.On March 25, 2024, the Central Bank of Armenia puts into circulation "100th Anniversary of Sergey  Parajanov's Birth" and "100th Anniversary of Paruyr Sevak's Birth" gold collector coins. 

ArmInfo. The RA NA delegation to the Assembly takes part in the works of the Eastern Partnership  Parliamentary Assembly going on Brussels. 

ArmInfo.On the occasion of the International Day of Forests, yesterday, on March 21^st, the environmental NGO “My Forest Armenia” initiated a conference on the topic “Forest ecosystem services and the impact on business”. Tigran Mkhitaryan, Corporate Business Director of IDBank also participated in the conference.

ArmInfo.On March 27, the Armenia Securities Exchange (AMX) will start quoting the bonds of Electric  Networks of Armenia (ENA) CJSC, the issue volume of which is the largest among non-financial organizations, 32 billion drams.

ArmInfo. The State Revenue Committee (SRC) of Armenia has launched a unified system of  electronic services for individuals, which is available in the web version:  https://self-portal.taxservice.am/. Through the system, citizens can submit an income tax return.

ArmInfo. On March 21, the Government of Armenia determined the procedure for establishing and  presenting annual awards in the field of ensuring the quality of products and services. 

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ArmInfo. About 700 trucks are waiting to pass through the Upper Lars checkpoint.  Customs attach‚  of the Armenian Embassy in Russia Vahan Hakobyan told ArmInfo.

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