ArmInfo.

ArmInfo.

ArmInfo.In Armenia, economic activity growth in January- October 2024 slowed to 8.1% per annum  (from 9.2% in the same period of 2023). Unlike last year, the  industrial sector has become one of the growth drivers. According to  preliminary data from the RA Statistical Committee, this is  accompanied by continued high growth rates of exports and imports.   Although the preliminary statistical report does not provide more  detailed information, judging by the final data of the previous 9  months, the high growth of industrial production no longer comes from  the jewelry industry, which previously demonstrated growth several  times over. It is now experiencing a double-digit 26.8% decline.

ArmInfo.

ArmInfo. "Doesn't the investment risk for pension assets of beneficiaries of Armenian  pension funds increase with the expansion of the opportunity to  directly invest in private business (Private Equity)?" Artur  Khachatryan, a member of the opposition Hayastan faction, asked Armen  Nurbekyan, Deputy Chairman of the Central Bank of Armenia, at a  meeting of the National Assembly's relevant committee on November 25  during the discussion of the relevant draft law.

ArmInfo. The Eurasian Fund for Stabilization and Development (EFSD) will be transformed into a fully independent international organization with the possibility of  financing projects and programs in the national currencies of the  EFSD member states. At a meeting on November 25, the Committee of the  National Assembly of the Republic of Armenia on Financial, Credit and  Budgetary Issues issued a positive conclusion on the draft protocol  on amendments to the regulation on the establishment of the Fund,  submitted by the RA government for ratification. 

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo. November 18 to 22, 2024, in Armenia's interbank foreign exchange market, USD and RUB transactions were effected all the days except for Friday, with no  EUR transactions effected for the third week running. USD  transactions showed a 51% decline against a 3- fold growth the  previous week. The total amount of USD transactions insignificantly  exceeded the total amount of RUB transactions. 

ArmInfo. The Ministers of Energy of Azerbaijan, Turkey, Georgia and Bulgaria convened their  regular meeting in Istanbul on November 22.  According to Turkish media reports special attention was paid to projects focused on creating efficient electricity supply chains.

ArmInfo.Black Friday is just around the corner, promising irresistible deals and discounts. But amidst the frenzy, it’s easy to overspend and find yourself in financial trouble. To help you enjoy the shopping season without breaking the bank, here are five practical tips:

ArmInfo.

ArmInfo.

ArmInfo. The number of formally employed in Armenia at the end of September 2024 reached 776.8 thousand people, which is 5.6% higher than the previous year.  The leading sectors of employment are wholesale and retail trade, education and manufacturing. This is stated in the Ministry of Economy's review titled .

ArmInfo.The net inflow of private transfers to Armenia in January-September 2024 accelerated  its annual decline from 23.1% to 33.3%. In absolute figures it decreased from $1.3 billion to $888 million.

ArmInfo. Deputy Prime Minister of Armenia Mher  Grigoryan received the Ambassador of the Kingdom of Spain to Armenia (residence Moscow) Ricardo Martinez Vazquez.

ArmInfo. Multi-sectoral cooperation between Armenia and the Netherlands will continue to develop and strengthen. This was announced on November 22 by the RA  Minister of Economy Gevorg Papoyan at a meeting with the Ambassador  of the Kingdom of the Netherlands to Armenia Marieke Harriet  Monroe-Winter.

ArmInfo.Germany will help improve the transport and logistics sector in Armenia. This was reported by the press service of the German Society for International  Cooperation (GIZ), referring to the launch of the regional program  <Strengthening Sustainable and Digital Trade Routes and Logistics  Concepts between the Eastern Partnership Countries and the EU> in  Armenia.  The program will be implemented in our country by order of  the German government.

ArmInfo. RA Minister of Finance Vahe Hovhannisyan met with the Executive Director of the U.S. International Development Finance Corporation Kenneth Engel.