ArmInfo. Armenia has appealed to the World Bank with a request to extend the "Armenia Extractive  Industries Transparency Initiative Support: Additional Financing" program. The corresponding draft decree of the RA President was approved at a government meeting on May 2.

ArmInfo.

ArmInfo. Team Telecom Armenia will support  TUMO's mission (TUMO Center for Creative Technologies)  to make modern technology education accessible to all young people in Armenia.

ArmInfo. Armenia will allocate about 2.4 billion drams (approximately $6.2 million) for the annual meeting  of the European Bank for Reconstruction and Development (EBRD), which will be held from May 14 to 16. The decision was made on May 2 at a meeting of the Cabinet of Ministers.

ArmInfo.

ArmInfo. Armenia should abandon the turnover tax; there should be one taxation system in the republic,  Armenia's Premier Nikol Pashinyan stated on May 2 at a meeting of the Cabinet of Ministers, during which legislative amendments were approved, providing for a double increase in the turnover tax rate.

ArmInfo. A regular process for assessing the effectiveness of budget programs will be introduced in  Armenia. At the plenary meeting on May 2, the National Assembly of the Republic of Armenia adopted amendments to the law "On the Budget System" in the first reading.

ArmInfo. In the fight against poverty in Armenia, stimulating employment is critical. This was  stated by World Bank senior specialist Lea Hakim, presenting the report:  Beyond Boundaries: Unlocking Potential for a Sustainable Future.

ArmInfo. Market expectations of the CBA policy rate path have not changed materially since the last  decision and continue to reflect expectations of a gradual reduction in the policy rate through the end of the current year.

ArmInfo. Numerous issues and problems of integration of the EAEU member countries were discussed at the  international scientific conference entitled "Deepening financial integration in the EAEU" held today at the Russian-Armenian University(RAU).

ArmInfo.On April 30, RA Minister of Economy Gevorg Papoyan and General Director of Renshin  LLC Eduard Marutyan signed an agreement on the implementation of the project to build the World Trade Center in Yerevan, the press service of the RA Ministry of Economy reports. 

ArmInfo. During a meeting with the delegation of the Asian Development Bank (ADB), led by Luke Fochtman, Bank's  Deputy Country Director for Armenia, Deputy Minister of Internal Affairs (Ministry of Internal Affairs) of Armenia Arpine Sarkisyan noted the importance of cooperation with ADB in the field of disaster risk management

ArmInfo. On May 2, Acba Bank began the public placement of the next coupon non- documentary dollar and dram bonds in the amount of $5 million and 3 billion drams.

ArmInfo. The head of the Central Bank of Armenia, Martin Galstyan, pointed out the lending  activity in the banking system of Armenia. He announced this on April 30 during the press conference held in connection with the next reduction of the refinancing rate, this time to 8.25%.

ArmInfo. Consumer demand in the market remains high, but not at a level that would lead to a change  in the monetary policy of the Central Bank of Armenia.  Governor of the Central Bank of the Republic of Armenia Martin Galstyan stated on April 30 during a press conference.

ArmInfo.The World Bank's Board of Executive Directors approved a Development Policy Operation (DPO)  in the amount of $116 million equivalent for Armenia to enable reforms aimed at promoting green, resilient and inclusive development.

ArmInfo.The Board of the CBA today reduced the refinancing rate to 8.25%, the press service of the  Bank reports.

ArmInfo.

ArmInfo.

ArmInfo.