ArmInfo.

ArmInfo.The European Bank for Reconstruction and Development (EBRD) has approved $15mln loans under the micro-, small and medium sized enterprises (MSMEs - $5mln) and Women in Business (WiB - $10mln) for Ameriabank. According to an EBRD report, loans are provided under the SME Competitiveness Programme in  Eastern Partnership (EaP SMEC). 

ArmInfo.Ameriabank has signed USD 20 million loan agreements with responsAbility Investments AG and the Global Climate Partnership Fund (“GCPF”) aimed at financing small and medium size enterprises and green projects in Armenia.

ArmInfo. Even amid higher inflation, Armenian citizens` living standards are, on average, higher than a couple of years ago, RA Minister of Economy Vahan  Kerobyan told reporters on Thursday.  

ArmInfo.

ArmInfo.INECOBANK has resumed issuing its bonds after a two-year break - this is a tranche of 2 billion drams. This is indicated in the prospectus of this issue  posted on the website of the Central Bank of the Republic of Armenia,  according to which the initial placement started on December 16, 2021  and is scheduled for completion on March 16, 2022.

ArmInfo.From January 1, 2022, the minimum pension and benefits in Armenia will increase by 2,100 drams (about $ 4). The corresponding decision was approved on  December 16 at a government meeting, the Ministry of Labor of Armenia  reported on its Facebook page. 

ArmInfo.

ArmInfo.As part of his working visit to Brussels, Armenia`s Vice-Premier Mher Grigoryan discussed the primary fields of long-standing Armenia-EU cooperation  with European partners.  

ArmInfo.This morning, news about the cancellation of the Yerevan-Moscow-Yerevan flights of Fly One, which were scheduled for December 15-16, was spread on the  network. Passengers were sent in the their required destinations via  flights of other companies.  Moscow's refusal to accept Fly One  aircraft was indicated as a possible reason.

ArmInfo. This January-October, Armenia`s national debt increased by $1.191bln (AMD 4,450bln) and reached $9.159.3bln. By 2025, Armenia will have to spend a up to $1.4bln to cover and serve the government debt (the debt of the Central Bank of  Armenia [CBA] not included). 

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.According to the revised forecast for 2021 by the Central Bank of Armenia (CBA), 4.2% GDP growth is expected in Armenia against the previously forecast  5.4%, with inflation near 8.4% by the end of this year. According to  the revised CBA forecast, 5.3% GDP growth is expected next year, CBA  Chairman Martyn Galstyan told a news conference on Tuesday.

ArmInfo. Estonia stands ready to expand areas of cooperation with Armenia in the field of high technologies and open up new opportunities for cooperation.   Ambassador Extraordinary and Plenipotentiary of Estonia to Armenia  Rina Kalyurand stated this during a meeting with Minister of  High-Tech Industry of Armenia Vahagn Khachatryan on December 13.

ArmInfo. The Central Bank of Armenia raised the refinancing rate by 0.5 percentage points, setting it at the level of 7.75%. As ArmInfo was told in the press service of  the Central Bank of Armenia, this decision was made on December 14 at  a meeting of the Board of the Central Bank of Armenia.

ArmInfo.Armenia and Serbia have identified areas of economic cooperation. This became known during a meeting between Minister of Economy Vahan Kerobyan and  Charge d'Affaires of the Republic of Serbia in Armenia Tatjana   Panajotovic Cvetkovic.