ArmInfo.The rise in the value of the United States dollar and, accordingly, the devaluation of the national currency is the result of an emotional shock that does not  contain anything fundamental. Deputy Prime Minister of Armenia Mher  Grigoryan expressed this opinion on March 2 during the Government  Hour in Parliament.

ArmInfo.At the moment, the termination of the GSP+ trade preference regime has not led to significant consequences for the textile industry in Armenia.   Representatives of the textile enterprises of the Lori region  , and made a similar statement at the  meeting with Deputy Minister of Economy of Armenia Rafael Gevorgyan,.

ArmInfo.Children of Armenia Fund (COAF) and the Embassy of Japan in Armenia signed the Grant Agreement for the "Project for Provision of Public Bus in Lori  Province" on March 01, providing grant aid of $90,000+ to promote  more sustainable transportation in Armenia's Lori region through a  new, disabled-friendly bus, an expanded network of transport routes,  and the renovation of poor transportation infrastructure.

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ArmInfo.The placement of AMD bonds under abbreviation AMANLBB2GER8 through a public offer was finished earlier than planned.

ArmInfo. Chairperson of the Competition Protection Commission Gegham Gevorgyan on March 1 in the National Assembly refuted the information about the presence of  Azerbaijani gasoline in Armenia. At the same time, Gevorgyan admitted  that there are problems in the gasoline market.  

ArmInfo. The Russian-Ukrainian war and sanctions against the Russian Federation have caused great volatility in the region's financial markets. In terms of the  possible impact on Armenia's economy and financial system, the  Central Bank has collected possible potential questions and tried to  answer them. This is mentioned in the message of the Central Bank of  Armenia, presenting the answers to the 8 most important questions.

ArmInfo. A special working group has been established within the Ministry of Economy of the Republic of Armenia to provide support to businesses, which are  planning to move to or set up new businesses in Armenia. This is  stated in the official statement of the department.

ArmInfo.Within the period of 21-25 February an IAEA Expert Mission on the Nuclear Security Culture Self-Assessment was held at the Armenian NPP with the assistance of the RA Committee for Nuclear Safety Regulation.    As the official website of the ANPP reports, the objective of the  mission was the familiarization with the results of the security  culture self-assessment conducted at the ANPP. The self-assessment  was included in the RA Plan of activities aimed at enhancement of the nuclear security in compliance with the IAEA Integrated Nuclear Security Support Plan (INSSP).  

ArmInfo. It is first of all export diversification and boosting domestic production that can compensate Armenian businesses for their financial losses caused by the Russian  rouble depreciation, Gagik Makaryan, President of the Republican  Union of Employers of Armenia (RUEA), told ArmInfo. 

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ArmInfo. The dominant faction of Armenia's Parliament declined a proposal for indexing pensions and allowances to inflation. The proposal was put forward by Aghvan  Vardanyan of the opposition parliamentary faction Armenia, who is  author of draft amendments to the Law on State Pension and the Law on  Stat Allowances.  

ArmInfo. The French Development Agency and the European Union are cooperating on a project of highly energy efficient apartments in Armenia. This was  reported by the press service of the French Embassy in Armenia.

ArmInfo. The sanctions against Russia will have their impact - not necessarily negative - on the Armenian-Russian trade relations, Armenia's Minister of Economy  Vahan Kerobyan said in an interview with the Shant TV channel. 

ArmInfo.Under the circumstances the VTB Bank (Armenia) is ensuring clients' access to all the services and instruments except for certain restrictions on money transfers.  The detailed information is available on www.vtb.am, reports the  official website of the Central Bank of Armenia (CBA).  

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ArmInfo.Amid announced sanctions by the United States, VTB considers a change of  shareholders in the bank's subsidiary assets, VTB have a deadline of  for this until May 25. Dmitry Pyanov, member of the board of VTB,  told reporters about this, TASS reports.

ArmInfo.The Eurasian Fund for Stabilization and Development (EFSD), with the co-financing of the Armenian government, will finance the reconstruction of the  Kajaran-Agarak road section of the North-South program. This is  stated in the official statement of the Ministry of Territorial  Administration and Infrastructures of Armenia.

ArmInfo.On February 25, 2022, IDBank, through a public offer, releases the first tranche of nominal coupon bonds, with the following conditions: