ArmInfo.After two and a half years of recovery and sharp growth in Armenia, a decrease in exports and  imports of almost all services has been recorded since Q4 2023.  This is fraught with losses in terms of the country's balance of payments and ensuring the budgeted 7% GDP growth. Economist Aghasi Tavadyan,  associate professor of the State University of Economics of Armenia, came to this opinion after analyzing the quarterly data of the RA balance of payments.

ArmInfo.Businesses in Armenia will have more opportunities to invest in green technologies thanks to a US$ 10  million (EUR 9.3 million) loan, which the European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GCF) are providing to Inecobank for on-lending to corporates and small and medium-sized enterprises (SMEs) for green investments. This is stated in the official statement of the EBRD.

ArmInfo. On May 2, the Agreement on the mutual recognition of documents on academic degrees in the  states of the Eurasian Economic Union came into force, reported by the press service of the Eurasian Economic Commission.

ArmInfo.On April 27 and 28, Idram and IDBank participated in Career City Fest, a large career city fair. There was a queue at the shared booth of innovative companies: people visited the booth to get acquainted with company representatives and take pictures.

ArmInfo. According to estimates by the United States Agency for International Development (USAID), to increase energy independence, Armenia needs a new nuclear power plant with a capacity of 600 MW. Abgar Budaghyan, head of USAID Armenia's energy security project, expressed such an opinion on April 26 during public discussions on "Prospects of diversification of the energy sector in Armenia".

ArmInfo.According to data for 2022, Armenia imports 73% of its energy resources, that is, the level  of energy independence is about 27%. Abgar Budaghyan, head of USAID Armenia's energy security project stated  on April 26 during public discussions on the topic "Prospects for diversification of the energy  sector in Armenia."

ArmInfo.The services of the Civil Aviation Committee of Armenia will become paid. At a meeting on April 26, the RA National Assembly Commission on Economic Affairs issued a positive conclusion on the amendments to the laws "On State Duty" and "On Aviation" submitted by the RA government in the second reading.

ArmInfo.A new mechanism for submitting tax reporting and obtaining data from your personal account will be introduced in Armenia. At a meeting on April 26, the RA National Assembly Commission on Economic Issues issued a positive  conclusion on the amendments to the Tax Code presented by the RA  government.

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ArmInfo.At a meeting with Ambassador of Japan to Armenia Aoki Yutaka, Armenian Minister of  Economy Gevorg Papoyan suggested the Japanese side to consider the possibilities of expanding relations in the fields of agriculture, tourism and effective water resources management.

ArmInfo. RA Prime Minister Nikol Pashinyan received the members of the delegation of the German  Reconstruction Credit Institute (KfW), the Premier's press service reports.

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ArmInfo. Prime Minister Nikol Pashinyan received the Executive Director of the German Fichtner  company operating in the energy sector, Martin Stickel, and the company's representatives. Viktor Richter, Ambassador Extraordinary and Plenipotentiary of Germany to Armenia, also participated in the  meeting.

ArmInfo. On April 18, the Cabinet of Ministers of Armenia approved the proposal to sign an agreement  attached to the agreement between the Republic of Armenia and KfW "Financial cooperation of Germany with the Republic of Armenia: "Combined water resources management/Akhuryan River I (Phase 2 of the project)>.

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ArmInfo. Armenia is considering appointing an attach‚ in Silicon Valle. Minister of High-Technological Industry of Armenia, Mkhitar Hayrapetyan, stated this during a press conference on April 15.

ArmInfo.Below is an interview with Armenia's Premier Nikol Pashinyan with "Egemen Qazaqstan" and  "Kazakhstanskaya Pravda" newspapers. 

ArmInfo.  Leasing EXPO -2024, the specialized exhibition opened its doors in Yerevan, which brought together 70 brands producing equipment and machinery for more than 12 industries under one roof. The exhibition is organized by the  Lessors' Association of Armenia and the Big Projects company.

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.By changing the trademark from "INGO Armenia" to "INGO", the insurance company begins  a new stage of its development. As stated in the official statement of INGO IC , the new "simplified" brand name reflects the company's desire to simplify the understanding of its services, to make insurance simple, transparent and reliable. "INGO's mission is to reduce risks and provide clients with the freedom to make confident decisions," the company said in a statement.