Wednesday, August 3 2022,

ArmInfo.

 Wednesday, August 3 2022,

ArmInfo.

Loan payoff with another bank via App
 Wednesday, August 3 2022,

ArmInfo.A “Loan payoff with another bank” service is already available in AraratMobile application. AraratMobile users are free to pay off their loans with other banks.

 Wednesday, August 3 2022,

ArmInfo.

Deputy Minister: 12 more lanes added to 13 existing lanes of Upper  Lars checkpoint
 Wednesday, August 3 2022,

ArmInfo.  RA Deputy Minister of Territorial Administration and Infrastructures Armen Simonyan received the representatives of the Armenian mission of the Asian  Development Bank, with the participation of ADB senior local expert   Steve Allen.  

Ferry communication to be launched this month - minister 
 Wednesday, August 3 2022,

ArmInfo. The ferry communication between Poti and Kavkaz, a port in Russia, will be  launched in August. The schedule will be released in coming days,  Minister of Economy of Armenia Vahan Kerobyan said in an interview to  ARMENPRESS.

Armenia is among the TOP-5 destinations for Russian tourists this  autum
 Wednesday, August 3 2022,

ArmInfo. Armenia is among the TOP-5 destinations Russian tourists prefer this autumn, according to a survey by OneTwoTrip. 

Austria to invest in Armenia`s Syunik
 Wednesday, August 3 2022,

ArmInfo.Syunik Governor Robert Ghukasyan held a meeting with Nora Alanakyan of the Technical Cooperation Department, and Vahe Sargsyan, Programme Executive,  Austrian Embassy in Armenia. 

Gyumri Breeding Station reports three-fold growth in barley output 
 Wednesday, August 3 2022,

ArmInfo.The gross barley output of the Gyumri Breeding Station has gown three-fold, Armenia's Minister of Economy Vahan Kerobyan wrote on his Facebook page  following his trip to Gyumri. 

CBA: In February-June 2022, demand deposits of non-residents  increased significantly in Armenian banks
 Wednesday, August 3 2022,

ArmInfo.From February to June 30, 2022, the deposits of non- resident individuals increased significantly in the banks of Armenia. Armen Nurbekyan, head of the  macroeconomic department of the Central Bank of the Republic of  Armenia, stated this on August 2 during a press conference,  specifying that the quantitative growth was 70.4%, which mainly came  from demand deposits.

CBA: High demand leads to the expansion of the inflationary  environment and maintenance of high inflation expectations, but dram  appreciation partially neutralizes the price increase
 Tuesday, August 2 2022,

ArmInfo.On August 2, the Board of the Central Bank of Armenia decided to raise the refinancing rate by 0.25 percentage points to 9.5%. At a press conference on  these issues, Deputy Chairman of the Central Bank of the Republic of  Armenia Nerses Yeritsyan noted that in Q2, disruptions in global  value chains continued, and economic activity in Armenia's key  partner countries is slowing.

Minister: The share of the mining industry in the total volume of  Armenia`s exports has decreased
 Tuesday, August 2 2022,

ArmInfo. The share of the mining industry in the total volume of Armenia's exports decreased from 60% to 30%. Armenian Minister of Economy Vahan Kerobyan stated  this in an interview with the Armenpress agency.

 Tuesday, August 2 2022,

ArmInfo.

Statistical data, real situation in agricultural sector different -  minister 
 Tuesday, August 2 2022,

ArmInfo. The official data on the agricultural sector for the first half of 2022 do not reflect the real situation, Armenia's Minister of Economy Vahan Kerobyan said in  an interview with Armenpress. 

FLYONE ARMENIA launches flights to Domodedovo International Airport
 Tuesday, August 2 2022,

ArmInfo. Since August 2, FLYONE ARMENIA has started operating flights on the  Yerevan-Moscow-Yerevan route. "Armenia" International Airports CJSC  reports.

Armenia, Iran deepen cooperation in mining industry
 Tuesday, August 2 2022,

ArmInfo. Armenia and Iran intend to deepen cooperation in the mining industry. This was  reported by the press service of the Ministry of Economy of Armenia,  referring to the results of the visit of Deputy Minister of Economy  of Armenia Narek Teryan to Tehran to participate in a meeting of the  working group on trade, industry and mining.

CBA raises refinancing rate from 9.25% to 9.5% 
 Tuesday, August 2 2022,

ArmInfo. At its meeting today, the Board of the Central Bank of Armenia decided  to raise the refinancing rate by 0.25 percentage point to 9.5%, the press service  of the Central Bank of Armenia told ArmInfo.  According to the  source, the message of the Central Bank of the Republic of Armenia  also notes that, in accordance with this, the The Lombard repo  facility rate was increased by 0.25 percentage points - from 10.75%  to 11%, and the Deposit facility rate - from 7.75% to 8%. 

23.9% rise in petrol prices in Armenia in first half of 2022 
 Tuesday, August 2 2022,

ArmInfo.In the first half of 2022, the index of consumer prices for petrol rose by 23.9%, with the average index in the Eurasian Economic Union (EAEU) being 9.3%. The  highest rise was recorded in Kyrgyzstan, 46.7%, according to the data  by the Eurasian Economic Commission as of August 1, 2022. 

Armenia meets Russia`s brand demand
 Tuesday, August 2 2022,

ArmInfo. The sanctions have not seriously affected bandy imports to Russia as Armenia is the major exporter, Alexander Stavtsev, Head of the WineRetail  information center, told Komersant. 

Armenia is not ready to open the land border with Turkey: Expert
 Monday, August 1 2022,

ArmInfo.At this stage, the opening of the land border with Turkey will have a negative impact on the Armenian economy. By opening the doors to the Turkish market, the  country today risks incurring losses in a number of sectors of the  national economy. Economist, expert of the AMBERD Research Center  Hayk Bejanyan, stated this in an interview with an ArmInfo  correspondent.

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