ArmInfo. By the winter of this year, it is planned to complete the cable laying work, carry out the improvement of the Noravan substation, and by 2025 the technical equipment will be fully provided. This was announced during the working visit of the Minister of Territorial Administration and Infrastructure of Armenia Gnel Sanosyan, accompanied by the Ambassador of Iran to the Republic of Armenia Mehdi Sokhbani, Governor of the Syunik region Robert Ghukasyan, Director of High-Voltage Electric Networks CJSC David Mirzoyan, Mayor of the Sisian community Armen Hakobjanyan and other officials to the Noravan substation.

ArmInfo. September 23 to 27, 2024, USD and EUR transactions showed a growth, with RUB transactions showing a serious decline in Armenia's interbank foreign exchange market. Four USD, three EUR and two RUB transactions were effected during the period under review, with USD, EUR and RUB transactions simultaneously effected on Wednesday alone.

ArmInfo.

ArmInfo. On September 27, RA Minister of Economy Gevorg Papoyan received representatives of the World Bank Office in Armenia. Tafadzva Dube, WB Senior Disaster Risk Management Specialist, joined the meeting online.  As reported by the press service of the RA Ministry of Economy, during the meeting, the Local Economy and Infrastructure Development Program (LEIDP) and Tourism and Regional Infrastructure Improvement Program (TRIP) were discussed. These programs aim to improve infrastructure services and develop capacity in various regions of Armenia.

ArmInfo.On September 26, a temporary exhibition "Paris Meetings" was opened at the Komitas Museum-Institute, dedicated to the 150th anniversary of Margarit Babayan, a pianist, singer, musicologist, teacher and close friend of Vardaped Komitas, who introduced Europe to the music of the great composer.

ArmInfo.

ArmInfo. The State Revenue Committee of Armenia informs that as of September 27, the balance of preferential imports of electric vehicles into the territory of the republic is 454  units.  The SRC reminds that a zero import duty rate is applied to electric vehicles imported under the code 8703 80 000 2 of the Eurasian Economic Union.  In 2024, a total of 7,400 electric vehicles are  planned to be imported to Armenia from third countries with an import duty rate of 0%.

ArmInfo.

ArmInfo. On September 27,  RA Deputy Prime Minister Mher Grigoryan received a delegation led by  Iva Petrova, the head of the International Monetary Fund mission in  Armenia. Mehdi Raissi, the IMF Resident Representative in Armenia,  was also present at the meeting.

ArmInfo. The Minister of  Economy of Armenia Gevorg Papoyan received the delegation headed by  Olivier Marie, a member of the General Management Committee of the  French company Amundi, CEO of CPR Asset Management. The delegation  also included Chairman of the Board of Directors of Amundi-ACBA Asset  Management, CEO of ACBA Bank Hakob Andreasyan.

ArmInfo. 

ArmInfo. A 700-space parking lot for heavy-duty vehicles will be built at the approach to  the checkpoint at the Verkhniy Lars checkpoint. This was reported in his telegram channel by the head of North Ossetia - Alania Sergey Menyailo. 

ArmInfo. On September 30, a conference "10 years of the EAEU" will be held in Yerevan as part  of the Eurasian Economic Forum, reads a statement by the Ministry of Economy of Armenia.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.As an IDBank premium customer, you have endless opportunities to make your travel experience more comfortable.

ArmInfo.  Armenia's nominal GDP in 2025 is projected to reach AMD 11 trillion 50 billion  (about $28.5 billion), compared to the expected AMD 10 trillion 110 billion  by the end of this year. The real GDP growth is forecasted to be  5.6%, falling short of the minimum 7% set by the Cabinet's program of  activities for 2021-2026. This is stated in the draft state budget  for next year, which was approved by the government on September  26th.