ArmInfo.Armenia's GDP decreased in the first half of 2020 by 7.1% per annum (against 8% growth a year earlier), amounting to 2.5 trillion AMD ($ 5.3 billion). However, in  the Q2 of this year GDP nevertheless demonstrated growth, but  stagnant - 0.4% with the exit from the 38.7% decline in the Q1, which  however significantly yielded to the quarterly growth a year ago  (20.6% in the Q2 of 2019).

ArmInfo. We are happy to announce that Converse Bank has been awarded with the “Euro STP Excellence Award 2019” by Commerzbank AG  for operational excellence in processing of international transfers via SWIFT both quantity and quality-wise.

ArmInfo. The national debt of Armenia, having increased by 8.4% in January-July 2020 (against growth by 0.9% a year earlier), exceeded the level of $ 7.9 billion (3.9 trillion AMD).

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ArmInfo.Asian Development Bank to provide Armenia with $ 2 million for the implementation of the grant COVID-19 response programs. At a meeting on August 20, the government  of the country approved a draft of the corresponding agreements with  the Bank.

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ArmInfo. The government discussed the activities of the Cadastre Committee for 2019 and the first four months of 2020 under the chairmanship of Armenian Prime Minister Nikol Pashinyan.

ArmInfo.RA Prime Minister Nikol Pashinyan today held a video call with Asian Development Bank President Masatsugu Asakawa, the press service of the RA Prime Minister reports.

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ArmInfo.Despite the imbalances and risks that create some additional difficulties, Armenia's banking system in the presence of a significant capital  adequacy buffer and excessive liquidity, will continue to function  stably in the medium term under any scenarios of the development of  the coronavirus crisis.

ArmInfo.  Head of the Republic of Armenia Armen Sarkissian sent a letter to General Secretary of the International Organisation of La Francophonie (IOF)  Louise Mushikiwabo , in which he spoke about several presidential  programs, the purpose of which is to form a regional platform for  economic cooperation in Armenia.

ArmInfo.On August 18, Armenia's Prime Minister Nikol Pashinyan paid a working visit  to the Kotayk region, where he intends to familiarize himself with the  implementation of subvention programs on the spot.

ArmInfo. The Eurasian Development Bank expects a gradual recovery in the economies of the member countries of the bank. This forecast was made in the EDB's information and analytical review for July 2020.

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ArmInfo. A project "TOGETHER" is launched in Armenia, aimed at the construction or modernization of small and medium-sized "smart" livestock farms in 34 border communities of Gegharkunik and Vayots Dzor regions. This was reported by the press service of the RA Ministry of Economy.

ArmInfo.Prime Minister of Armenia Nikol Pashinyan on the eve of a working visit visited Gegharkunik region, where he got acquainted with the process of  implementing state subsidy programs in a number of communities.

ArmInfo.Armswissbank is planning a gradual placement of a large tranche of inscribed AMD coupon bonds totaling 25 billion in autumn. As the press service of the bank explained to ArmInfo, the bank's management is currently  considering the probable date of the placement and the volume of the  first tranche of this issue. The specific date and the proposed  initial volume will be announced later as soon as the bank's  management makes a specific decision.