Armenian government to soon start implementing Green and Sustainable  Economic Development Strategy
 Monday, April 3 2023,

ArmInfo. The Government of Armenia has developed an action plan, one of the key documents of which is the Green and Sustainable Economic Development Strategy,  which is at the final stage of development, and we will soon be able  to start implementing it. This was stated by the Minister of Economy  of Armenia Vahan Kerobyan in the forum titled "Innovative Financial  Instruments and the Private Sector's Role in Fueling Green Business"  organized by the Shtigen group of companies.

 Monday, April 3 2023,

ArmInfo.

On March 27-31, on Armenia`s currency interbank AMD, USD transactions slow down, RUB one`s increase sharply
 Saturday, April 1 2023,

ArmInfo. On the currency interbank market of Armenia from March 27 to March 31, 2023, the slowdown in the growth of dollar transactions was accompanied by a sharp increase in ruble transactions, while there were no transactions in euro.  At the same time, similar dynamics were observed during daily transactions in dollars and 3x transactions in rubles. In particular, the weekly growth of dollar transactions slowed down sharply from 5.6-fold to 15.4%, while the  dynamics of ruble transactions improved from the 26.7% decline, increasing 2.3-fold. As a result, the predominance of the total volume of dollar transactions compared to the volume of ruble ones decreased 6-fold from 11.7- fold recorded a week earlier.

 Friday, March 31 2023,

ArmInfo.

Ameriabank named Best Bank of Armenia in 2023 by Global Finance
 Friday, March 31 2023,

ArmInfo. Ameriabank has been named the Best Bank in Armenia by Global Finance magazine in its 30th annual awards for the World's Best Banks.  As ArmInfo was told in the press service of the Bank, when selecting the world's top banks, Global Finance considered a range of criteria, including growth in assets, profitability, geographic reach, strategic relationships, new business development, and innovation in products. Other factors for selection included the opinions of equity analysts, credit rating analysts, banking consultants, and others involved in the financial industry throughout the world. This year's awards were given to banks that attended carefully to their customers' needs in difficult markets and accomplished strong results while laying the foundations for future success.

 Friday, March 31 2023,

ArmInfo.

Mher Grigoryan to take part in IMF and WB  2023 Spring Meetings in Washington
 Friday, March 31 2023,

ArmInfo. Deputy Prime Minister of the Republic of Armenia Mher Grigoryan will take part in the s the International Monetary Fund (IMF) and World Bank Group (WBG) Spring Meetings  from April 7 to April 15, 2023 in Washington.  According to the official website of the government, the corresponding decision was signed by Prime Minister Nikol Pashinyan.

Multifold increase of transfers from Russia to Armenia was accompanied by sharp increase in their outflow from Armenia to U.S.
 Friday, March 31 2023,

ArmInfo. The multifold increase in the inflow of private transfers from Russia to Armenia was accompanied by a sharp increase in their outflow from Armenia to the United States. Thus, in January-February 2023, the inflow of remittances from Russia compared to the same period in 2022increased 7.2-fold, and their outflow to the United States - by 56.4%, and in both cases a significant acceleration of upward rates was recorded from last year's 35 .1% and 15.7%, respectively, in terms of inflow from Russia and outflow to the United States. This is evidenced by the data of the Central Bank of the Republic of Armenia.

Prospects of sectoral cooperation with Armenia were discussed within Arrow Indo-Armenian Summit
 Friday, March 31 2023,

ArmInfo. India hosted the Arrow Indo-Armenian Summit 2023 technology summit, which was held with the aim of bringing together Armenian and Indian entrepreneurs and leaders of the technology ecosystem on one platform to discuss opportunities for deepening bilateral cooperation.

EEC statistics: Volume of mutual direct investments between Armenia, Russia for 9 months of 2022 amounted to $118.5 million
 Friday, March 31 2023,

ArmInfo. For 9 months of 2022, the net inflow of mutual direct investments increased in all EAEU member states, except for Kazakhstan.

 Friday, March 31 2023,

ArmInfo.

Armenia to intensify cooperation with ICAO
 Thursday, March 30 2023,

ArmInfo. Deputy Prime Minister Mher Grigoryan received the director of the International Civil Aviation Organization (ICAO) European and North Atlantic Regional Office, Nicholas Rallo, the press service of the RA government repots.  During the meeting, the Deputy Prime Minister presented the current situation in the aviation sector in the Republic of Armenia, the problems and the reforms being implemented in the sector by the Government.  Mher Grigoryan informed Nicholas Rallo about the structural changes being made in the aviation field of the Republic of Armenia, the mechanisms introduced aimed at attracting qualified specialists in the field, and the infrastructural programs.  The interlocutors also discussed the opportunities for raising the cooperation between the Armenian aviation authorities and the International Civil Aviation Organization to a new level, possible use of technical and financial tools available to ICAO by Armenia, and other issues related to the sector.  At the end of the meeting, the interlocutors agreed to intensify the cooperation between the relevant departments and the ICAO.

 Thursday, March 30 2023,

ArmInfo.

 Thursday, March 30 2023,

ArmInfo.

EDB to host conference for major investors from more than 40 countries in Almaty
 Thursday, March 30 2023,

ArmInfo. On 15-17 May 2023, the Eurasian Development Bank (EDB) will host a conference for major investors in infrastructure and ESG projects as well as the meetings of the Association of Development Financial Institutions in Asia and the Pacific (ADFIAP) in Almaty. This is stated in the message of the Bank.

PSRC Head: From April 1, pricing for connecting to power grids to increase by 2-3 times
 Thursday, March 30 2023,

ArmInfo. From April 1, new subscribers of "Electric Networks of Armenia" CJSC will have to pay a higher connection pricing. Garegin Baghramyan, chairman of the Public Services Regulatory Commission of the Republic of Armenia, stated this on March 30 in an interview with journalists.

PSRC: Application for sale of "MTS Armenia" is under consideration
 Thursday, March 30 2023,

ArmInfo. The application for the transaction for the sale of the "MTS Armenia" telecommunications company is under consideration. Garegin Baghramyan, Chairman of the RA Public Services Regulatory Commission, stated this to journalists on March 30.

CBA Head: From April 1, fair system of CMPTL in terms of pricing to be introduced
 Thursday, March 30 2023,

ArmInfo. According to the preliminary estimate of the Motor Insurers' Bureau, as a result of the liberalization of the  CMTPL (Compulsory Motor Third Party Liability) market, from April 1, prices will decrease for 56% of car owners who choose the minimum base rate, for 21% they will remain approximately the same, and for 23% they will increase.

 Thursday, March 30 2023,

ArmInfo.

 Thursday, March 30 2023,

ArmInfo.

Exchange rates
06.03.2026
RUB4.78-0.04
USD377.31-0.28
EUR436.81-1.50
GBP503.37-0.64
CAD276.22-0.54
JPY23.90-0.10
CNY54.63-0.14
CHF482.80-0.86