ArmInfo.

ArmInfo.

ArmInfo.The Asian Development Bank (ADB) will provide Armenia with a loan of 60.09 million euros  for the implementation of the urban development investment program.

ArmInfo. The European Investment Bank (EIB) will provide Armenia with a loan of 25 million  euros for the implementation of the second stage of the program to improve the energy efficiency of buildings and structures in Yerevan.

ArmInfo. Armenia was among 8 countries that sharply increased the volume of clothing supplies to  Russia last year, RIA Novosti reports this with reference to open statistics.

ArmInfo.Today, April 5, a trilateral meeting will take place in Brussels between Prime Minister  Nikol Pashinyan, US Secretary of State Antony Blinken and President of the European Commission Ursula von der Leyen, at which economic issues will be discussed.

ArmInfo. A regular Cabinet meeting took place today, chaired by Prime Minister Nikol Pashinyan, the  press service of the RA Government reports.

ArmInfo.The business mission of the Canadian-Eurasian Chamber of Commerce (CECC) will visit  Armenia for the first time. According to the Embassy of Armenia in Canada, the visit will take place from April 8 to 12, during which the delegation will have a number of meetings with representatives of the Armenian business community, Armenian government and non- governmental organizations.

ArmInfo.The Armenian nuclear power plant will be shut down for scheduled maintenance (PPR) from  May 15, Advisor to the General Director of the ANPP Gera Sevikyan told ArmInfo.

ArmInfo.

ArmInfo. There is no alternative to digital transformation.  Davit Hovhannisyan, Chief  Information Technology Officer at Ameriabank stated on the sidelines of the Doing Digital forum on April 3 during a conversation with journalists.

ArmInfo. Over the past 3 years, Ameriabank has been intensively pursuing the path of digital  transformation, which is already reflected in the form of concrete results.  Arman Barseghyan, Retail Banking Director at Ameriabank, told reporters on the sidelines of the Doing Digital forum on April  3, noting that digital transformation has been on their agenda for about 8 years.  "According to our understanding, Ameriabank is already a Fintech company," he emphasized.

ArmInfo.The 1.2% deflation in the consumer market of Armenia in March 2024 compared to March 2023  (compared to the 5.4% inflation recorded a year ago) was caused by the drop in food prices. In Q1 2024, inflation was slightly lower than last year's quarterly level - 0.2% versus 0.8%, which was the result of cheaper non-food products. 

ArmInfo. Moscow notes with regret that Yerevan bowed to West's pressure on the issue of servicing cards of the MIR payment system. This was stated on April 3 during a weekly briefing by spokesperson of the Russian Ministry of Foreign Affairs, Maria Zakharova, when asked to comment on the termination of service of MIR cards in Armenia.

ArmInfo.

ArmInfo. Armenia intends to introduce a state duty on the export of gold, platinum and palladium bars. It will be approximately 0.8-1% of their market value. Deputy Minister of Economy Narek Teryan stated at a meeting of the NA Standing Committee on Economic Affairs on April 3 during the discussion of amendments to the law "On State Duty".

ArmInfo.The Government of Armenia has proposed a new mechanism to encourage conscientious  taxpayers. At a meeting on April 3, the RA National Assembly Commission on Economic Issues issued a positive conclusion on the amendments to the Tax Code presented by the government of the country.

ArmInfo. Avanesov. Armenia is being squeezed out of the North- South megaproject, giving way to  Azerbaijan, Doctor of Political Sciences, Professor of the Russian- Armenian University, President of the Institute of Energy Security (Armenia) Vahe Davtyan in his article.

ArmInfo.IDBank and Idram sum up the March program of “The Power of One Dram” initiative, the beneficiary of which, as previously announced, is the environmental non-governmental organization “My forest Armenia”. Companies will direct the gathered amount, AMD 4.017.648, to the growth of Armenia’s forest fund and biodiversity conservation programs.

ArmInfo.On March 30 of this year, the “Face-to-Face: Dialogue of Generations Regional Forum” took place in Vardenis, bringing together hundreds of young people from the regions of Armenia.