ArmInfo.Global Finance has named Ameriabank the Best Foreign Exchange Bank in Armenia for 2023 in its annual list of the World’s Best Foreign Exchange Banks.

ArmInfo.The economic growth rates of the RA continue to be at a fairly high level, however, the negative developments in the industrial sector and changes in the  financial system indicate that the risks of instability remain. This  is stated in the analysis of the socio-economic development of the RA  economy in January-November 2022, made by the Luys Foundation.

ArmInfo.

ArmInfo.

ArmInfo. In 2022, the Zangezur Copper-Molybdenum Combine (ZCMC), through the implementation of various social and community development programs in the enlarged  communities of Kajaran and Kapan, made investments in the amount of  about 3.5 billion drams. This was reported by the press service of  the company.

ArmInfo. In 2023, the tariff for final consumers of electricity in Armenia will remain  unchanged. The decision on this was made on December 28 at a meeting  of the Public Services Regulatory Commission (PSRC). 

ArmInfo.From January 23, 2023, the Central Bank of Armenia will put into circulation a new batch of the 3rd generation composite banknote with a face value of  1,000 drams. This decision was made on December 27 at the meeting of  the Board of the Central Bank of the Republic of Armenia. This is  noted in the message of the Central Bank.

ArmInfo.

ArmInfo. The unemployment rate in Armenia in 2023 will be below 10%. Armenian Minister of Economy Vahan Kerobyan stated a similar opinion in an interview with  Glumoff on Radio Van.

ArmInfo. In 2022, more than AMD 23bln ($56mln) have been recovered to the state budget of Armenia, which is an unprecedented figure, the press service of the State  Revenue Committee of the Republic of Armenia reports.

ArmInfo.The Central Bank of Armenia (CBA) has improved its forecast for net money transfers (including the profits of seasonal workers and private transfers) -  32% growth against the previously forecast 7% decline (against the  actual 54% growth last year). 

ArmInfo.The Central Bank of Armenia (CBA) has improved its unemployment forecast for Armenia for 2022 by revising it downward to 13.6% against the previously forecast  14.1% (15.3% last year). However, in the medium-term, along with  somewhat decelerating economic growth, unemployment is expected to  reach the previously forecast 15%. 

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo. Very good progress has been made in the relations between Armenia and Russia this year. This was announced on December 26 at a press conference by Dmitry  Volvach, Deputy Minister of Economic Development of the Russian  Federation, speaking about the growth in the volume of mutual trade  in national currencies.

ArmInfo.

ArmInfo. In 2022, a little less than 20,000 labor migrants left Armenia to work in the Russian Federation. Armenian Minister of Economy Vahan Kerobyan stated this  in an interview with Radio Van.