ArmInfo.The law " On non-cash transactions ", which came into force on July 1, according to the most conservative estimates, will cost the business about $1 million  per month in bank commissions alone. Economist Karlen Khachatryan  wrote about this on his Facebook page.

ArmInfo. On July 15, Prime Minister of Armenia Nikol Pashinyan received Minister of Transport of the Russian Federation Vitaly Savelyev and the delegation headed by him.

ArmInfo.AraratBank comes up with a completely new offer for AraratBank account holders.

ArmInfo.

ArmInfo. Starting July 23, Rossiya Airlines will start operating direct flights on the  Volgograd-Yerevan route. This is stated in the message of the airline.

ArmInfo.The Golden Palace Hotel in Tsaghkadzor will be managed by the world-famous Mercure  brand owned by French  Accor Group . MP from the ruling "Civil  Contract" faction Vagharshak Hakobyan informed about this on his  Facebook page.

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ArmInfo. Equal conditions for producers need to be created for all the Eurasian Economic Union (EAEU) member-states, Artak Kamalyan, Minister in charge of Industry  and Agriculture of the Eurasian Economic Commission, stated at a  meeting of the EEC Board. 

ArmInfo.Armenia's Minister of Territorial Administration Gnel Sanosyan participated in the 60th meeting of the CIS Electric Energy Council. 

ArmInfo.One of the main sources of supply inflation in Armenia is people who arrived from Russia and other countries and created additional demand for goods  and services in the consumer market. Chairman of the Central Bank of  Armenia Martin Galstyan stated this at the meeting of the RA NA  Standing Committee on Financial-Credit and Budgetary Affairs.

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ArmInfo.The economic situation in the member states of the Eurasian Development Bank (EDB) has a multidirectional development. If the economies of Russia and Belarus, under the strong pressure of sanctions, experienced a decrease in business activity,  then economic activity in Kazakhstan, Armenia and Kyrgyzstan, showed  strong dynamics.

ArmInfo. With a significantly stronger -than-expected Q2 indicator and continued observed activity in Q3, economic growth in Armenia this year will exceed EDB's baseline  forecast.

ArmInfo.Armenia is revising the terms of the Development of Irrigated Agriculture in the Ararat and Armavir regions project. The government has approved a relevant  amendment to its agreement with the French Development Agency (FDA)  of April 23, 2020. 

ArmInfo.At a Cabinet meeting on July 14, Syunik Governor Robert Ghukasyan spoke of problems facing the renovation work on the Tatev-Aghvani highway. 

ArmInfo. Armenia's government will allocate AMD 1.2bln to the Ministry of Emergency Situations for maintaining and purchasing special equipment. 

ArmInfo. Armenia's Government and the Asian Development Bank (ADB) have discussed new cooperation prospects, according to a report on the results of Armenian  Vice-Premier Hambardzum Matevosyan's meeting with ADB Country  Director for Armenia Paolo Spantigati. 

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ArmInfo. As part of the joint investment project of the Armenian National Interests Fund (ANIF) and Apaga Projects, a new hotel complex has already been commissioned,  construction work of zipline on the territory of the Yell Extreme  Park and the infrastructure of the Apaga Resort hotel complex is  nearing completion. This is stated in the message of ANIF.

ArmInfo. In Q1 2022, the unemployment rate in Armenia decreased to 14.8% from 16.7% in the same period a year earlier, but compared to the indicator for Q4 2021  (14.5%), it was slightly higher. This is evidenced by the data of the  RA Statistical Committee.