ArmInfo.

ArmInfo.. The number of vehicles with an CMPTL policy in Armenia,  in Q1 2022increased  more significantly than in the pre-Covid comparable period, due to which the volume of insurance premiums exceed the upward trend of two years  ago.

ArmInfo.The Ministry of Economy of Armenia is making certain changes to the program of subsidizing interest rates on loans issued for the purchase of agricultural raw  materials.  

ArmInfo.

ArmInfo.Unblocking regional communications could have a 30% short-term impact on economic growth. Minister of Economy of Armenia Vahan Kerobyan expressed this opinion in an interview with RBC, answering a question about the economic effect in the event of normalization of relations and opening of borders between Armenia and  Turkey.

ArmInfo.Initially, we envisaged 7% GDP growth for 2022 in the budget of Armenia.  But we had a growth of 12% in the first two months. We started this year very briskly, and we were aiming for much more than the 7% budgeted, and there were and are  prerequisites for this. Armenian Economy Minister Kagan Kerobyan  stated this in an interview with RBC.

ArmInfo. The central banks of the (EAEU, ed. note) countries should create an appropriate environment for payments in national currencies with the visibility or predictability of the exchange rate to take place.  Minister of Economy of Armenia Vahan Kerobyan stated this in an interview with RBC. 

ArmInfo. Yerevan Leather Haberdashery Factory intends to expand the geography of its production areas. This was announced during the visit of the Deputy  Minister of Economy of Armenia Rafael Gevorgyan to the Factory.

ArmInfo. The common border and land routes are necessary for the development of Armenian-Russian economic relations. Sergey Mikheev, a Russian political scientist, radio and TV presenter, stated this on April 14 during the Yerevan-Moscow video bridge to clarify what the RA and the Russian  Federation lack for strengthening and development bilateral  relations.

ArmInfo.AraratBank will act as an underwriter of AMD and USD denominated nominal coupon bonds, scheduled to be issued by FINCA UCO CJSC on April 20, 2022.        

ArmInfo. China understands that in the event of a conditional defeat or failure of Russia, it will be next. On April 14, during the Yerevan-Moscow video bridge,  Russian political scientist, radio and TV Sergey Mikheev expressed a  similar opinion when asked to comment on Russian-Chinese interaction  in the context of the sanctions of the collective West.

ArmInfo.In Q12022, Armenia increased its public debt by almost $131 million - up to $9 billion 356.6 million or 4 trillion 569.3 billion drams. According to the  2022 Annual Borrowing Plan Armenia plans to attract 227.8 billion  drams or $477 million (the estimated exchange rate of the US dollar  to the Armenian dram is 477.45).

ArmInfo.The trade turnover of agro-food products between Armenia and Russia in 2021 increased by 19.8% to $903.1 million, with an increase in exports from Armenia to the Russian Federation by 24.7% to $543.3 million, the press service  of the Ministry of Economy of Armenia reports, referring to the  results meeting between Minister of Economy of the Republic of  Armenia Vahan Kerobyan and Minister of Agriculture of the Russian  Federation Dmitry Petrushev.

ArmInfo.The Ministry of Economy is ready to assist in the modernization of educational programs and existing equipment of the State College of Light  Industry to bring it into line with the current requirements of the  labor market, as well as the expectations of employers and students.  Deputy Minister of Economy of Armenia Rafael Gevorgyan stated this  during his visit to the Yerevan State College of Light Industry.

ArmInfo. Ameriabank has summed up the results of the "Be the Change" student contest, launched jointly with the Visa payment system at the end of last year. 11 teams from Yerevan and the regions of Armenia took part in the final stage of the contest. By  holding such a competition, Ameriabank attaches importance to the  development, potential and ideas of young people. The ceremony of  awarding the winners of the competition took place on April 13 at the  head office of Ameriabank.

ArmInfo. According to the results of 2021, the export of Russian industrial products to Armenia in y-o-y terms increased by 14%, and the import of Armenian products  - by 10%. This was stated during the meeting between  Minister of  Economy of Armenia Vahan Kerobyan and Minister of Industry and Trade  of the Russian Federation Denis Manturov, which took place in Moscow  as part of a working visit.

ArmInfo. Governor of the Syunik region of Armenia  Robert Ghukasyan met with President of the GeoProMining (GPM)  group of companies  Roman Khudoli and other representatives of the  company.

ArmInfo."The Republic of Armenia, its people are the owners of the Zangezur copper-molybdenum plant, is this not the return of the loot?"  Asked Prime Minister of Armenia  Nikol Pashinyan, on April 13 in Parliament, answering the question of  the MPs.

ArmInfo. Armenia and Russia discussed issues of ensuring food security.  Head of the Armenian Economic Department Vahan Kerobyan announced on his Facebook page,  following a meeting with the Minister of Agriculture of the Russian  Federation Dmitry Petrushev. The interlocutors discussed the  possibility of increasing the turnover of agricultural products and  food products.

ArmInfo.The RA Urban Development Committee hosted Mr Paul Koblan-Huberson an Ms Sirarpi Haykazyan, Project Managers at Agence Fran‡aise de D‚veloppement  (AFD).