ArmInfo.

ArmInfo.According to the forecast of the Asian Development Bank (ADB), inflation in Armenia in 2020 will be 2.8% (versus 1.4% in 2019), and in 2021 - 2.2%. This  forecast was published on April 3 in the ADB economic report, Asian  Development Outlook 2020.

ArmInfo. Deputy Prime Minister and Commandant of the State of Emergency Tigran Avinyan made a new decision on temporary restrictions on the export and import of  certain items of goods.

ArmInfo.Amid the impact of COVID-19 and lower consumption, economic growth in Armenia will slow down to 2.2% in 2020, analysts at the Asian Development Bank (ADB) say.

ArmInfo.In the government, with the participation of the Prime Minister of the Republic of Armenia, Nikol Pashinyan, discussions continue to be held with the aim of  solving the socio-economic problems caused by the coronavirus.

ArmInfo.In the consumer market of Armenia in the first quarter of 2020, inflation was recorded at 1.7% compared to last year's 2.6%. In the first quarter of this year  inflation was mainly triggered by a 3.9% increase in food prices and,  to a lesser extent, an increase in service tariffs by 0.4%, while  non-food prices dropped by 0.5%.

ArmInfo.  In order to minimize the negative economic consequences of the spread of coronavirus infection COVID-19, to prevent a shortage of socially important goods in the EAEU countries, the Council of the Eurasian Economic Commission on  April 3 approved a list of critical import goods. In relation to  them, a tariff exemption is provided in the form of exemption from  import customs duties when importing into the states of the Eurasian  Economic Union from April 1 to June 30 of this year inclusive.

ArmInfo.Representative of the Food and Agriculture Organization of the United Nations (FAO) Raimund Jehle and Deputy Minister of Economy of the Republic of Armenia Arman Khojoyan, through remote communication, discussed the priorities of  the FAO in Armenia and the continuation of joint work in the  situation in conditions of the coronavirus.

ArmInfo. The United Nations Conference on Trade and Development (UNCTAD) is ready to update the report with an analysis of the investment policy of the Republic of  Armenia in the context of global challenges and opportunities.  Director of Investment and Enterprise at the United Nations  Conference on Trade and Development (UNCTAD) James Zhan stated this,  during a video conversation with the President of Armenia Armen  Sarkissian, noting that he would start this process as soon as  possible.

ArmInfo. <In response to the rapid spread of the COVID-19 pandemic globally, and recently in Armenia, the World Bank is supporting the Government's response to  protect its people amid the coronavirus outbreak>, the official  website of WB in Armenia reports.

ArmInfo.According to the situation, at present 120 applications have been submitted for a total of 1.4 billion drams for state assistance in the framework of  programs to overcome the consequences of the coronavirus.

ArmInfo.Economic growth in Armenia in 2020 will be lower than forecasted. The Minister of Economy of the Republic of Armenia Tigran Khachatryan stated this on  April 3 at a press conference in Yerevan.

ArmInfo.Yerevan Municipality has announced an open tender for the acquisition, installation and maintenance of 500 new elevators in 10 administrative districts of  the capital.

ArmInfo.

ArmInfo. Led by Prime Minister Nikol Pashinyan, a meeting on stimulating investment policy was held today in the government with the participation of heads and  representatives of various government departments. This was reported  by the press service of the government.

ArmInfo. Gold in Armenia began to rise sharply after the decline in value a week earlier. In general, prices for precious metals in Armenia increased by 13.9%  this week (after a sharp decline in the previous week - by 20.5%).

ArmInfo.

ArmInfo. At today's meeting of the RA government, 4 investment projects were approved. <4 investment projects is a good sign. We need to transform the high economic impulses existing in the pre-coronavirus period into future positive  expectations that can be realized only by working'', RA Prime  Minister Nikol Pashinyan said.

ArmInfo.

ArmInfo.Taking into consideration the state of emergency in our country and the fact that during this period of time, without income recovery, our customers will have difficulties with the repayments of the loans after the grace period, IDBank announces the second stage of customer support.