ArmInfo.In Armenia, economic activity in January 2020 compared to January 2019 increased by 8.9%, and in January 2019 alone decreased by 47.8%, against last year's  y-o-y growth of 6.1% and the January decline of 46.9%. According to  preliminary data of the RA Statistical Committee, all the sectors  ensured y-o-y growth, with the energy complex and the industrial   sector in the lead.   In y-o-y terms (January 2020 versus January 2019), the energy complex  registered the highest growth- 18.7%, followed by industry - 13.4%,  services - 13.2%, trade - 10.3%, construction - 7 , 7%, while data on  the agricultural sector were not published. A year earlier (January  2019 against January 2018), the construction sector showed growth -  22.1%, the retail sector - 19.3% and the services sector - 15.6%,  while the industrial sector and the energy sector were in decline -  by 0.4% and 26, 3%, respectively. In January 2020, industrial  production decreased by 42.6%, services - by 29%, trade - 47.3%,  construction - by 86.8%, energy sector - by 5.1%, versus a downtrend  in January 2019 in these sectors, respectively, by 28.7%, 28.1%,  48.9%, 87.2% and 8.8% .  According to statistical data, the  industrial products price index increased in January 2020 by 1.1%,  with a y-o-y increase of 2.8%. A year earlier, in January 2019, the  industrial production price index decreased by 0.3%, with a y-o-y  decline of 2.6%. 

ArmInfo.

ArmInfo.

ArmInfo.Ameriabank, attaching importance to the development and continued growth of business in Armenia, is launching an offer for large taxpayers of the  country, under which they can receive an online loan / overdraft in  the amount of 2 million to 50 million AMD.

ArmInfo.

ArmInfo. Armenia is actively negotiating with China on the construction of a copper  smelting complex in the republic. This was announced on February 24  at a meeting of the RA National Assembly Commission on Regional and  Eurasian Integration by Chairman of the State Revenue Committee (SRC)  of the Republic of Armenia David Ananyan, who presented a draft  agreement on the exchange of information on goods and vehicles of  international transportation moving across the customs borders of the  Eurasian Economic Union ( EAEU) and the People's Republic of China  (PRC).

ArmInfo.

ArmInfo.

ArmInfo.Armenia and China will exchange information on goods and vehicles of international transport moving across the customs borders of the Eurasian Economic  Union (EAEU) and the People's Republic of China (PRC). At a meeting  on February 24, the Commission of the National Assembly of the  Republic of Armenia approved for ratification the draft of the  relevant agreement, signed in St. Petersburg on June 6 last year.

ArmInfo. The World Bank published on its website a study entitled "Appropriation  of  foreign Assistance by Elites. Evidence from Offshore Accounts". The document  mentions 22 countries, including Armenia.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.On February 6, with the  opening of its new branch, IDBank  started a new  Banking culture. The same day the Visa Signature card was presented.

ArmInfo. Once again, VTB Bank (Armenia) improved the conditions of mortgage loans by lowering interest rates and increasing the availability of real estate  acquisition for its clients.  

ArmInfo. In Armenia, it is necessary to radically change the vicious practice of applying the system of public procurement from one person. On February 21, on the  sidelines of the parliamentary hearings in Yerevan, MP of the  National Assembly of the Republic of Armenia from the Prosperous  Armenia faction Sergey Bagratyan told reporters.

ArmInfo. It is a shame in post-revolutionary Armenia to close information on public procurement for top officials of the state. On February 21, during the  parliamentary hearings on public procurement, Chairman of Committee  to Protect Freedom of Expression Ashot Melikyan said.

ArmInfo.In 2019, the volume of passenger traffic by the countries of the Eurasian Economic Union amounted to 38 billion 458 million people. This is stated in  the report of the Eurasian Economic Commission. According to the  agency, this figure is 1.8% higher than in 2018.  Of the total,  Kazakhstan's share is 23 billion 832.1 million people, Russia's - 11  billion 705.8 million people, Belarus' - 1 billion 969.5 million  people, Kyrgyzstan's - 756.6 million people, Armenia's - 194 million  people.

ArmInfo.