ArmInfo.

ArmInfo. Deputy Minister of Economy of Armenia Rafael Gevorgyan received a delegation from the Korea Development Institute (KDI), with which the Ministry has been implementing the Knowledge Sharing Program (KSP) since 2004.

ArmInfo. The economies of the countries of the Eurasian Economic Union (EAEU) maintain positive trends. Iya Malkina, assistant to the chairman of the Eurasian Economic Commission (EEC), stated during a briefing on June 26.

ArmInfo. At June 26 extraordinary sitting of the NA Standing Committee on Economic Affairs, the package of draft laws on Making Amendments and Addenda to the law on Narcotic Drugs and Psychotropic Substances and on Amending the RA Code on Administrative Offences was debated in the second reading.

ArmInfo. A 12.5% increase in economic activity was recorded in Armenia this January-May as compared with last January-May, with high growth in exports and imports.  A 13.7% increase in economic activity was recorded this May against last May, with a 7.7% increase this May alone (against a 6.1% growth last May and a 3.4% growth this April.

ArmInfo.

ArmInfo. Economic experts of the Luys Foundation expressed disagreement with the data of Armenian Prime Minister Nikol Pashinyan, who at yesterday's government meeting noted that real  wages in the country increased by 6.3% in 2022.

ArmInfo. The positive attitude towards Eurasian integration is gradually decreasing. A similar  opinion was expressed by Academician of the National Academy of Sciences, Doctor of Social Sciences, Professor Gevorg Poghosyan during a press conference on June 23.

ArmInfo.The growing demand for digital services by tens of thousands of resettlers has seriously motivated the banking market of Armenia to activate the digital transformation of business models, accelerating the technological development of the card segment towards the introduction of the latest payment instruments.  This is stated in the latest (#27) analytical bulletin of ArmInfo "Armenian banks in the card business" published recently.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.International rating agency Moody's has confirmed Armenia's rating Ba3, with the outlook  changed from "negative" to "stable," Armenia's Ministry of Finance reports. 

ArmInfo.

ArmInfo. On June 22nd, the Orion Summit 2023, with the slogan "Investments Position Armenia,"  was held at the Harvard Club in New York City, USA. About 100 representatives from the United States, the United Kingdom, Canada, Germany, and Armenia, representing different sectors such as  technology, businesses, and Financial Services, participated in the summit. 

ArmInfo.

ArmInfo.

ArmInfo. If we look at the structure of the financial sector in Armenia, then banks are predominant, and our citizens do not have enough opportunities in the context of investment and savings.  Armen Nurbekyan, Deputy Governor of the Central Bank of Armenia, said during the initial public offering (IPO) of the Team Telecom Armenia telecommunications company. 

ArmInfo.The Armenian government provided an additional interstate loan to the government of  Nagorno-Karabakh in the amount of 2.9 billion drams.  The decision was made on June 22 at a government meeting.

ArmInfo. In such a short period of time, this year alone, the Team Telecom Armenia telecommunications  company, managed to make breakthrough steps in the domestic telecommunications market, first, it showcased itself as group of companies (Team Pay, Team Solutions, Team Systems and buy. am), Then followed the acquisition of shares of one of the leading telecommunication operators in Georgia (SkyTel) and, finally, an  company undertook its initial public offering (IPO).