ArmInfo.In the next 10-12 years, the Armenian authorities will spend about 700-800 billion drams to implement a program to support the provision of housing to families forcibly displaced from Nagorno-Karabakh. The details of the program were presented by the coordinator of individual functions of the structural divisions of the Ministry of Labor and Social Affairs of the Republic of Armenia Gayane Karagyozyan.

ArmInfo.Assuming the responsibility to preserve the history of the development of communications and pass it on to new generations, Team Telecom Armenia reopened the Museum of Communications as part of the pan-European initiative "Night of Museums".

ArmInfo.On May 17, the NA Standing Committee on Economic Affairs debated the draft law on Making  Amendments and Addenda to the RA Tax Code with the attached legislative package in the first reading. It was presented by the RA Deputy Minister of Finance Arman Poghosyan, the press service of the  RA NA reports.

ArmInfo.What if we tell you that Rocket Line is now for longer period than you expected? Yes, we do everything possible so that you have the most comfortable conditions for your daily payments.

ArmInfo. According to the latest data, the share of small and medium- sized businesses in Armenia's  GDP is about 25%. Meanwhile, in developed countries, this indicator usually varies between 50-60%.

ArmInfo.On May 17, the NA Standing Committee on Economic Affairs debated the draft law on  Making Addendum and Amendments to the RA Code on Administrative Offenses in the first reading, which was presented by the Deputy Chairman of the RA State Revenue Committee Artur Manukyan.

ArmInfo.US$ 10 million EBRD loan package to ArmSwissBank

ArmInfo.

ArmInfo. President of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso  believes that Armenia is a good example of productive assistance to  the country and its reforms. She stated on May 16 at a press  conference following the 33rd Annual Meeting of the Bank in Yerevan.

ArmInfo. The European Bank for Reconstruction and Development (EBRD) is boosting its support for  micro, small and medium-sized businesses (MSMEs) in Armenia by extending new financing to Armeconombank, a press release from the EBRD notes.

ArmInfo.As part of the 33rd EBRD Business Forum on May 15 at the Dvin , Ardshinbank, a flagship sponsor of the event, organized a panel discussion on economic and trade sanctions. Ardshinbank's initiative brought together international experts, as well as representatives from the private and public sectors interested in monitoring sanction processes, onto one platform. The main objective of the discussion was to exchange views and assist participants in the practical implementation of sanctions compliance.

ArmInfo. On May 16, the Armenian government decided to redistribute funds and allocate 3 billion drams  to fulfill the state order for healthcare.

ArmInfo. The European Bank for Reconstruction and Development (EBRD) is providing a US$ 10 million  financial package to ArmSwissBank in Armenia to finance the private  sector's investments in growth, competitiveness, and greener and more  sustainable practices, the Bank's press service reports.

ArmInfo. On May 16, the Armenian government approved a program to support the providing of housing to  families forcibly displaced from Nagorno-Karabakh.

ArmInfo. The Board of Governors of the European Bank for Reconstruction and Development (EBRD) has today  re-elected Odile Renaud-Basso to serve a second term as the Bank's President.

ArmInfo.The European Bank for Reconstruction and Development (EBRD) and the United States Agency  for International Development (USAID) have signed a Memorandum of Understanding (MoU) to develop the Trans-Caspian International Transport Route, also known as the Middle Corridor, to further enhance connectivity between Asia and Europe, via the South Caucasus.

ArmInfo. In recent years, the economy of the Republic of Armenia has recorded  a great growth. Since the non-violent Velvet Revolution of 2018, the Armenian economy has grown by almost 30%, state budget revenues have increased by more than 91%, and about 200 thousand jobs have been opened, which means an increase in the total number of jobs by about 37%.

ArmInfo. Despite numerous negative factors, Armenia remains resilient and the economy continues to  record good results, said Odile Renaud-Basso, the President of the European Bank for Reconstruction and Development (EBRD), on May 15 at the Bank's Annual Meeting in Yerevan.

ArmInfo.In 2024, the volume of investments of the European Bank for Reconstruction and Development  (EBRD) will be in an unprecedented amount - up to 500 million euros. Odile Renaud-Basso, the President of the European Bank for Reconstruction and Development (EBRD) stated on May 15 at the Annual Meeting of the Bank in Yerevan.

ArmInfo. The European Bank for Reconstruction and Development (EBRD) is lending EUR 236 million to  Armenia to finance the construction of the southern section of the Sisian-Kajaran road.