ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.The growth of the Armenian economy in 2023 will be 6.5%, followed by a slowdown in 2024 to 5.5%, depending on the factors of internal and external demand.  This is stated in the Asian Development Outlook of the Asian  Development Bank (ADB), on the economies of the Asia- Pacific region.    In particular, the report notes: "Despite headwinds, the economy grew  strongly in 2022 on rapid expansion in consumption and services  reflecting an influx of people and capital from the Russian  Federation. Fiscal and current account deficits narrowed, but  inflation accelerated. Growth is expected to moderate in 2023 and  2024 as stimulus from inflows of capital, people, and firms from the  Russian Federation wanes. Inflation is expected to moderate, and the  current account deficit to widen slightly. Strengthening education is  critical for inclusive and sustainable growth."

ArmInfo. The World Bank will provide Armenia with a budget loan in the amount of 92.3 million euros. The loan agreement "Green, sustainable and inclusive  development policy" was signed at the Ministry of Finance of Armenia  between  Head of the Ministry of Finance Vahe Hovhannisyan and  Country Manager of the World Bank for Armenia  Carolin Geginat.

ArmInfo.

ArmInfo.Further depreciation of the ruble will lead to the loss of competitiveness of goods of Armenian origin in the Russian market and a decrease in the pace of economic  activity in Armenia. Economist Suren Parsyan expressed this opinion  in an interview with ArmInfo.

ArmInfo.Armenian Minister of Economy Vahan Kerobyan received Jason Buntin,  Director for Europe and Middle East Affairs at the Office of the United States Trade  Representative (USTR), and Laura Buffo, Deputy Assistant US Trade  Representative for Generalized System of Preferences (GSP).

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ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.More than 20 top speakers from Armenian and international entities will speak at The Doing Digital Forum (DDF) to be held on April 5 in Yerevan. Forum's  founder and organizer is SPRING PR Company, and the co- organizer is  Ameriabank. 

ArmInfo.Armenia's gross international reserves (GIR) are decreasing from the historical high - from $4.112 billion in December 2022 to $3.545 billion in February  2023. In particular, in January-February gross international reserves  decreased by 13.8% or by $567 million, which was observed at a more  restrained pace a year earlier - a decline by 6.7% or by $217.2  million.

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ArmInfo.

ArmInfo.

ArmInfo.

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ArmInfo.The State Revenue Committee (SRC) of Armenia proposes amendments to the Tax Code of the Republic of Armenia, which will allow attracting apartments,  residential buildings and land plots that are idle to the rental  market, reduce the amount of rent, and also oblige to officially  record the fact of leasing for the purpose of further paying taxes.  The initiative is presented for public discussion on a single portal  of legal acts.