ArmInfo. Armenia's gross international reserves go on decreasing as against the historical record last August, $4.219bln.

ArmInfo.

ArmInfo.

ArmInfo. Team Telecom Armenia summed up the results of 2023, which was marked by the company's entry into the capital market, the construction of a new generation network, the re-equipment of mobile stations, the launch of the Team Energy project and a number of other initiatives.

ArmInfo. Team Telecom Armenia service and sales centers will work with the special schedule on pre-holiday and public holidays.  In particular, centers that were open until Friday will be open on Saturdays and Sundays during this period. At the same time, the main branches on Amiryan Street and Northern Avenue will be open until midnight on December 30 and until 8:00 p.m. on December 31.

ArmInfo. By the spring of 2024, the Vedi reservoir should be operational and begin to fill with water.  Minister of Territorial Administration and Infrastructures of the Republic of Armenia Gnel Sanosyan stated at a press conference on December 29.

ArmInfo.

ArmInfo.

ArmInfo. At the end of 10  months of 2023, the revenue of the information technology sector in  Armenia reached AMD 536bln, while for the entire 2022 the volume  amounted to AMD 555bln, Deputy Minister of High-Tech Industry David  Sahakyan stated at the 12th Security Forum of the Armenian Institute  of International Relations and Security, where participants discussed  the problems of development of the high-tech industry.

ArmInfo. Every third  passenger arriving in or departing from Armenia uses the services of  national airlines, Armenia's Minister of Territorial Administration  and Infrastructure Gnel Sanosyan told reporters on December 29.

ArmInfo. In 2023, the  Ministry of Territorial Administration and Infrastructure of the  Republic of Armenia received 275 billion drams from the state budget  of the country for the implementation of various programs, of which  270 billion drams were spent, Minister Gnel Sanosyan told a press  conference. 

ArmInfo.  Prime Minister Nikol  Pashinyan visited the Central Bank to participate in the reception  organized on the occasion of the upcoming New Year and Christmas.

ArmInfo.

ArmInfo. Chaired by Prime  Minister Nikol Pashinyan the fifth session of the Investment  Committee was held today.

ArmInfo. In 2024, it will be  possible to import 7,400 electric vehicles into Armenia with zero  customs duty. The decision to apply tariff benefits to electric  vehicles imported into the territory of the Republic of Armenia was  made on December 28 at a government meeting.  The rationale for the  decision states that during the Eurasian Intergovernmental Council,  an agreement was reached to extend the exemption for the import of  electric vehicles for another two years. In Armenia in 2024-2025, a  tariff quota will be established for 8,000 vehicles with an electric  motor during the year. The remaining 600 units of electric vehicles  are planned to be kept in reserve.

ArmInfo. AraratBank has been awarded the Best CSR Bank Armenia 2023 in the Global Banking & Finance Review awards 2023. This reputable award underscores the Bank's responsibility and commitment to the values of corporate social responsibility.

ArmInfo. The shares of Team  Telecom Armenia telecommunications company,  after placement through  an initial public offering, were listed on the Armenia Securities  Exchange and will be quoted on the secondary securities market. This  is noted in the message of Team Telecom Armenia.

ArmInfo. Since the introduction  of the 10% cashback program for pensioners and people receiving  benefits when paying with bank cards, from July 2022 to November  2023, Armenian pensioners have made non-cash purchases totaling 62  billion drams. Cashback amounted to 5.2 billion drams. Prime Minister  Nikol Pashinyan announced today at a meeting of the Cabinet of  Ministers.

ArmInfo. The Upper Lars  checkpoint is again closed to all types of vehicles. This is stated  in the message of the Russian Ministry of Emergency Situations for  North Ossetia.

ArmInfo. According to the new  forecast of the Central Bank for 2023, the unemployment rate will be  below 13% (against the actual 13% in 2022), while according to its  previous forecast (September), the bank expected an increase of up to  14%. But in the medium term, in parallel with the recovery in demand,  the unemployment rate will stabilize near its long-term sustainable  level of 15%. This is noted in the Central Bank's Monetary Policy  Program (MPP) for Q4 2023, published at the end of December, where  GDP growth expectations for 2023 indicate a less noticeable slowdown  in rates to 8.3% (from 12.6% in 2022) and further to 6.1% in 2024 and  5.7% in 2025.