ArmInfo. In 2021, the Armenian National Interests Fund (ANIF) and its subsidiary company Entrepreneur + State Anti-Crisis Investments Fund have implemented a  number of large-scale strategic projects. A number of new projects  will be launched next year, ANIF reports. 

ArmInfo.According to a revised forecast by the Central Bank of Armenia (CBA) 5.3% GDP growth is expected next year against 4.2% growth this year, with a downward  trend to 4.4% and 3.6% respectively in 2023 and 2024 (against the  7.4% decline recorded in 2020 and 7.6% growth in 2019). 

ArmInfo. Electricity tariffs will be raised in Armenia from February 1, 2022. 

ArmInfo.The highway connecting the Melikghyugh community, Aragatsotn province, with the M-3 highway has been completely renovated, reads a Facebook message  by RA Minister of Territorial Administration and Infrastructure Gnel  Sanosyan. The renovation work was funded from Armenia`s state budget,  the agreed cost being AMD 522mln (about $1,092,000). 

ArmInfo.As of December 20, 2021, 1 trillion 477.6 billion drams of tax revenues were allocated to the consolidated budget of the Republic of Armenia, which is 13.5%  or 176 billion drams more than last year.

ArmInfo.

ArmInfo. The Union of Banks of Armenia (UBA) and the Lessors Association of Armenia signed a memorandum on Monday. 

ArmInfo. Yerevan`s budget will total AMD 94,560.2mln (about $195mln) in 2022, Vice-Mayor Sergey Nersisyan said. 

ArmInfo. The oil and petrol prices will be rising, and it is not a prophecy, Gegham Gevorgyan, Chairman of the RA Commission for Protection of Economic Competition,  told reporters on Tuesday. 

ArmInfo. From next year, Armenia`s residents will be able to find necessary goods at the  lowest prices on the official website of the RA Commission for  Protection of Economic Competition, Gegham Gevorgyan, Commission  Chairman, told reporters on Tuesday. 

ArmInfo. The RA Commission for Protection of Economic Competition has initiated legislation to prevent deceiving price and discount schemes during the sales,  Commission Chairman Gegham Gevorgyan told reporters on December 28.  

ArmInfo. On the eve of the New Year, Governor of the Central Bank of Armenia Martin Galstyan made an appeal to the citizens and the business community of the country,  urging them to remain vigilant, since inflation in the outside world  is not weakening and 2022 contains tangible, as before, inflationary  risks and challenges.  So, as reported by the press service of the  Central Bank, Galstyan in his speech noted, in particular:

ArmInfo.

ArmInfo.Prime Minister of Armenia Nikol Pashinyan took part in a reception organized at the Central Bank on the occasion of the New Year and Christmas. Nikol  Pashinyan congratulated the personnel of the Central Bank and the  banking sector of Armenia on the coming holidays, wishing them  success and all the best.  

ArmInfo.Today, RAPrime Minister Nikol Pashinyan received Tatyana Bakalchuk, General Director/Founder of the Russian online platform Wildberries.

ArmInfo.One gets the impression that the Armenian government has confused the indicators of economic growth and inflation.

ArmInfo.Armenia hopes to resolve the housing shortage by developing a strategy for social housing construction and housing provision for the population. "We  have never had such a strategy before," said RA Minister of Labor and  Social Affairs Narek Mkrtchyan Narek Mkrtchyan on December 27 at the  final press conference.

ArmInfo. In Armenia, economic activity in January-November 2021 increased by 5.2% per annum (against a 7.2% decline in the same period of 2020), while in the  pre- COVID period it has7.5% growth (in the same period of 2019). ).  This was observed against the backdrop of the exit of exports and  imports from the recession to double-digit growth, while in the  pre-COVID comparable period, the growth of these indicators was much  more modest. This is evidenced by the preliminary data of the RA  Statistical Committee.

ArmInfo.

ArmInfo.A total of 1,345 insurance contracts were signed in Armenia under the pilot  agricultural insurance programme, with 4,300 contracts signed this  year, Ira Panosyan, Head of the Department of Agricultural Programs  Elaboration, Resource Use and Cooperative Development, RA Ministry of  Economy, told reporters.