ArmInfo.Armenian Economy Minister Vahan Kerobyan urged the business community not to be afraid to take risks and make full use of government preferences. Speaking today at a logistics conference organized by CDEK, he noted that the country continues to  show impressive economic growth (10.9% in the first two months of  this year), while there is a significant reduction in inflation.

ArmInfo.The net flow of total foreign investment in the real sector of the Armenian economy in 2022 amounted to 196.718 billion drams or $499.8 million, recording a 15% increase in dollar terms.

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ArmInfo.

ArmInfo.At this stage, preparatory work is underway for the flexible launch of customs  procedures at the Armenian-Turkish border. Chairman of the State  Revenue Committe of Armenia (SRC) Rustam Badasyan announced this  during a briefing on April 6.  

ArmInfo.

ArmInfo.

ArmInfo. Despite the skepticism of many regarding Armenia's ability to ensure the implementation of the revenue item of the state budget for 2023, it can be noted that in  the first quarter of this year, tax revenues to the state treasury  increased by 60.8 billion drams. This was stated by the Prime  Minister of Armenia Nikol Pashinyan on April 6 at a regular meeting  of the Cabinet.

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ArmInfo.

ArmInfo.

ArmInfo.The main focuses of the Central Bank's attention are cooperation with the private sector, the development of infrastructures and data. Governor of the Central  Bank of Armenia Martyn Galstian stated this during the Doing Digital forum.

ArmInfo.

ArmInfo. As a result of the stabilization of food prices, in the consumer market of Armenia in March 2023, compared to March 2022, inflation decreased to 5.4% (from  7.4% a year earlier). In Q1 2023 also, inflation was lower than last  year's quarterly level of 0.8% against 3.5%, which was also the  result of the stabilization of food prices and the reduction in the  cost of non-food products. 

ArmInfo.The key to society's progress in the digital age is the digital environment of trust, ideas and innovations, for which Armenia has the potential. This was stated during the opening ceremony of the Doing Digital  forum by Deputy Prime Minister of Armenia Mher Grigoryan.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.In Armenia, economic activity in January-February 2023 increased by 10.9% compared to January-February 2022 (against 12% growth a year earlier), far  exceeding the pre-Covid 6.5% growth of the same period in 2019.

ArmInfo.