ArmInfo.The Export Insurance Agency of Armenia (ESIA) celebrates its 10th anniversary with the launch of a new third service: insurance for financing capital investments for the organization and development of export-oriented industries.

ArmInfo. "USAID is making a huge investment in Armenia's economy!", USAID Armenia reminds.

ArmInfo.

ArmInfo. Today, as a result of the actions of unfriendly countries and a number of external factors, the Russian  aluminum industry is under unprecedented pressure, which puts it on the verge of an acute crisis with severe long-term consequences, the Russian Aluminium Association reports. 

ArmInfo. The Central Bank of Armenia reduced the refinancing rate by another 0.25 percentage points - from 9.5% to 9.225%. This is the fifth decrease this year, after two years of increase with reaching a historical maximum of 10.75% at the end of 2022 and maintaining this level until June 13 of this year, when the first decrease of 0.25 percentage points took place.

ArmInfo. The Armenian authorities expect that by the end of 2023, the share of public debt  in the country's GDP will be 47% instead of the previously predicted figure of 49%, Armenia's Deputy Minister of Finance of Armenia Eduard Hakobyan stated in Parliament. 

ArmInfo.Armenia plans to borrow EUR 50mln from the OPEC Fund for International Development.  Armenia's Parliament has ratified an agreement with the Fund. 

ArmInfo.

ArmInfo. By November 1, 2023, Armenia's public debt exceeded $11.1 billion (4.5 trillion drams),  having increased by 10% year-on-year (the same as a year ago). 

ArmInfo.

ArmInfo. In Armenia, state duty rates on exported excisable goods will be increased 10 times, Armenia's Parliament at the plenary session on December 11, in the second and final reading, discusses amendments to the law "On State Duty".

ArmInfo.The US Agency for International Development (USAID) is launching a new Economic  Foundations for Resilient Armenia project in Armenia.

ArmInfo.A meeting of the Armenian-Egyptian intergovernmental commission will be held in Egypt  from February 4 to 6.

ArmInfo. Armenia and Georgia are starting cooperation in the field of food security. This was  reported by the press service of the Ministry of Economy, referring to the signing of a memorandum of understanding between the parties.

ArmInfo.

ArmInfo.

ArmInfo. In January-October 2023, the RA state budget expenses, compared to the same period last  year, increased by 14.3% or 238.9 billion drams, mainly due to an increase in social benefits and pensions, expenses on non-financial assets (capital expenses), interest payments, as well as an increase  in grants.

ArmInfo.

ArmInfo. The Armenian authorities intend to implement a radical reform in the tourism  sector. At the plenary session on December 8, the National Assembly of the Republic of Armenia is discussing in the first reading the draft law "On Tourism" and a package of related laws.

ArmInfo.