ArmInfo. RA Prime Minister Nikol Pashinyan received UNWTO Secretary General Zurab Pololikashvili, who visited Armenia to attend the 67th meeting of the UNWTO Commission for Europe.

ArmInfo. Fly Arna, Armenia's national airline and a joint venture company between the Armenian National Interests Fund (ANIF) and Air Arabia Group, today announced  that it has received its Air Operating Certificate (AOC) and Air  Operator License (AOL), which allow it to start operating from  Yerevan's Zvartnots International Airport.

ArmInfo.In Armenia, the price rally in food and oil products is spurring inflation acceleration. In May 2022, compared to May 2021, it has already reached 9% (compared to 5.9% in the previous year).

ArmInfo.Amid the war in Ukraine, the West is seeking to assist Armenia and some other states in diversifying theirs export markets, including supplying products to  domestic markets, Avag Harutyunyan, Chairman of the National Wine  Center, said in an interview with ArmInfo. 

ArmInfo.Armenia is making tremendous effort to develop digital technologies, education, science and innovations, which will strengthen the tourist industry, Armenian  President Vahagn Khachatryan stated at his meeting with a delegation  headed by Mr Zurab Pololikashvili, Secretary-General of the World  Tourism Organization (UNWTO). 

ArmInfo.RA Deputy Prime Minister Hambardzum Matevosyan took part today in the opening of the 67th session of the UNWTO Commission for Europe, which is being held in Yerevan.

ArmInfo.On June 2, the Government of the Republic of Armenia made a decision to allocate 7 billion 783 million drams for construction work under the Road Network  Improvement Project.

ArmInfo. On June 2, a FlyArystan airliner of the Kazakh company landed at the Zvartnots international airport, carrying out for the first time a direct flight from Almaty  to the capital of Armenia, the city of Yerevan.  From now on, flights  will be carried out by Airbus -320 comfortable economy class  airliners twice a week - on Mondays and Thursdays, the cost of a  ticket, depending on the choice of services provided, starts from  46,000 drams (one way).

ArmInfo.In Armenia, leasing transactions are rapidly gaining momentum, the total volume of which by April 2022 exceeded 64 billion drams ($132 million), having  increased by 38.4% year-on-year. This is evidenced by the data as of  March 31, 2022 of the "Financial Rating of Banks of Armenia" and  "Ranking of Credit Companies of Armenia", prepared by ArmInfo IC.

ArmInfo.As reported by АraratBank, the bonds (AMARBKB2MER3) have a nominal value of USD 25, a coupon of 4.75% and a maturity of 27 months.

ArmInfo.The Central Bank of Armenia has revoked the license of Nor Horizon Universal Credit Company (UCC). This is noted in the message of the Central Bank of the Republic of Armenia.

ArmInfo.Armenia's Cabinet approved on Thursday proposals for signing an Armenian-Indian memorandum of understanding on Indian grants for community development programmes in Armenia.  

ArmInfo.Armenia's government has allocated an additional AMD 400mln under the 2020-2023 housing programmes for families with children. 

ArmInfo.At a Cabinet meeting on Thursday, Armenia's Premier Nikol Pashinyan warned against breaking the Law on Restrictions on Cash Circulation. 

ArmInfo.Armbusinessbank, Ardshinbank and VTB Bank Armenia are involved in a government programme introducing cash-back for pensioners and people receiving  benefits. 

ArmInfo.Armenia's Ministry Vahan Kerobyan and Head of the EU Delegation to Armenia Andrea Wiktorin held a meeting on Thursday. The sides prioritized SME  development in Armenia and effective and purpose-oriented project  implementation.  

ArmInfo.This January-May, the RA State Revenue Committee exceeded tax revenue target by about AMD 47bln.  "Tax revenues and state duty targets for January-May were AMD 719bln. A total of AMD 714.9bln were actually collected during the  first five months, which exceeds the target by AMD 46.9bln (6.6%) and  the figures recorded last January-May by AMD 14.3bln (23.2%)," an  official report reads.   

ArmInfo.The Ministry of Economy of Armenia has finally found an effective way for agricultural producers not to use medieval methods of work. Thus, the Armenian government decided to subsidize only those loans to harvesting companies that, before June 1, will conclude agreements with farms for the purchase of grapes and  other crops. Minister of Economy of Armenia Vahan Kerobyan stated  this at the RA National Assembly.

ArmInfo.Armenia has entered a stage of lending stagnation. Evidence thereof is a considerable increase in bank profits due to highly active foreign exchange and  securities transactions rather than due to the major income item,  lending.

ArmInfo. The marketing policy of Armenia in the field of tourism will focus on 4 directions and 5 markets. Minister of Economy of Armenia Vahan Kerobyan stated on June 1 during the discussion of the report on the implementation of the  budget for 2021 in parliament.  According to him, such a decision was  made due to limited marketing resources. In particular, natural and  cultural tourism, gastro and extreme tourism were identified as 4  directions.