ArmInfo.The reduction in seasonal labor migration, due to the unfavorable economic situation in the Russian Federation, will increase the unemployment rate in  Armenia in 2022 to 16.7%, and in the medium term this figure will  remain in the range of 16.4-16.9%.

ArmInfo.

ArmInfo.

ArmInfo.On March 29, Deputy Prime Minister of Armenia Hambardzum Matevosyan met with Mohamed Jameel Al Ramahi, the CEO of the Emirati "Masdar" company in Dubai, United Arab Emirates.

ArmInfo.In its updated f outlook for 2022, the Central Bank of Armenia forecasts a 20% decrease in the net inflow of remittances in dollar terms(against 54% growth in  2021), due to the foreseeable economic downturn in Russia (by 6%) and  a tangible decrease in the dollar income of seasonal workers. 

ArmInfo. Within the framework of his visit to the United Arab Emirates, on March 29 Deputy Prime Minister Hambardzum Matevosyan met with Rebecca Greenspan,  Secretary-General of the United Nations Conference on Trade and  Development, discussed a wide range of issues of mutual interest, the  press service of the government reports.

ArmInfo. Armenia's government pledged to form a high-tech, inclusive and export-oriented economy, Vice-Premier Hambardzum Matevosyan stated at the Annual Investment Meeting-2022 in Dubai. 

ArmInfo. Armenia's debt to Russia could be settled by means environmental projects, including projects in hydrometeorology and electrical public transport, reads an  official report on the website of the RF President. 

ArmInfo. The Central Bank of Armenia (CBA) has revised its GDP forecast for 2022 from 5.3% down to 1.6% (against the actually recorded 5.7% GDP growth last year), with the exports and imports expected to decline by 1.8% and 0.1%  respectively, and inflation to reach 6.6%. 

ArmInfo. According to the latest data of the Budget Office of the National Assembly of Armenia, as of March 20, tax revenues and the state duty of the state budget of the  Republic of Armenia amounted to 322.1 billion drams, or 81.5% of the  planned indicator for Q12022 in the amount of 394.5 billion drams.

ArmInfo.I believe that active work will be carried out in the EAEU to create general settlement tools similar to the SDR (Special Drawing Right of the IMF). This  opinion was voiced by Alexander Ageev, Doctor of Economics, Head of  the Eurasian Information and Analytical Consortium, Director of the  Institute of Economic Strategies of the Russian Academy of Sciences,  during the "The role and place of Russia and the EAEU in modern  conditions" video bridge.

ArmInfo. It is highly likely that the sanctions of the United States and the collective West will also affect the countries of the EAEU. Alexander Ageev, Doctor of  Economics, Head of the Eurasian Information and Analytical  Consortium, Director of the Institute of Economic Strategies of the  Russian Academy of Sciences, expressed a similar opinion, during the  video bridge: "The Role and Place of Russia and the EAEU in Modern  Conditions".

ArmInfo.

ArmInfo.

ArmInfo. Iranian Minister of Petroleum Javad Owji received the Advisor to the Prime Minister of Armenia for a meeting in Tehran on Monday to discuss cooperation in the field of energy, the Mehr News Agency reports.

ArmInfo.Chairman of the Public Services Regulatory Commission (PSRC) of Armenia Garegin Baghramyan believes that the issue of the expediency of paying for Russian gas in rubles requires a detailed discussion with the involvement of all  interested bodies. He stated this in a conversation with journalists  on March 28, referring to the question whether he considers it  expedient to pay for Russian gas in rubles.

ArmInfo. From 2002 to the present day, Turkish citizens have purchased 72 properties in Armenia. Head of the RA Cadastre Committee Suren Tovmasyan said this on March 28 in an interview with journalists.

ArmInfo.Armenian Finance Minister Tigran Khachatryan assures that even if a number of risk factors and uncertainties continue in the global economy, the  country's authorities will attract as much external borrowing as  necessary to cover the costs fixed in the state budget for 2022. The  head of the Ministry of Finance stated this on March 28 at a meeting  of the NA Standing Committee on Financial-Credit and Budgetary  Affairs, presenting a report on the results of the activities of the  RA government for 2021.

ArmInfo.On the 24^th of March 2022, a new loan agreement with ARMSWISSBANK CJSC and the Eurasian Development Bank (EDB) was signed to promote trade financing in the amount of USD 5 million.

ArmInfo.