ArmInfo. Greece will do everything possible to develop and strengthen trade and economic ties with Armenia. The Ambassador Extraordinary and Plenipotentiary of the  Hellenic Republic to the Republic of Armenia Nafsika Nancy Eva Vraila  stated this on March 19 at the Armenian-Greek business forum in  Yerevan.

ArmInfo. The International Monetary Fund (IMF) is more conservative in its forecasts.  This was stated by the Deputy Minister of Finance of Armenia Armen  Hayrapetyan, referring to the discrepancy between the IMF forecasts  for GDP growth and the expectations of the RA government.  According  to the deputy minister, the IMF, aware of its responsibility to the  international community, takes a low-key approach.  Meanwhile, the  financial authorities of Armenia are more optimistic, because they  understand what efforts can be made to achieve the planned growth.

ArmInfo. Construction on the  new thermal block adjacent to the Yerevan Thermal Power Plant with a  combined steam-gas cycle will begin in 15 days.  This was stated on  March 4 at a press conference in Yerevan by the acting. Minister of  Energy Infrastructures and Natural Resources of the Republic of  Armenia Garegin Baghramyan.  According to him, today, on March 4, a  direct agreement was signed on financing the project, which  predetermined the sources of financing.The program on a temporary  basis will involve 1,100 people, on an ongoing basis - 230.  Construction work will last 24-25months. By the same date, a new  400-kilovolt transmission line Iran-Armenia will be put into  operation, according to which it will be possible to export  electricity from the station. 

ArmInfo.Former State Minister of Artsakh Arayik Harutyunyan believes that to ensure economic growth, Armenia needs to attract external borrowing and not be afraid  of increasing the level of public debt. This is stated in his open  letter to Armenian Prime Minister Nikol Pashinyan.

ArmInfo. In 2018, Armenia recorded the largest increase in trade turnover in the EEU. In 2018, the country's exports to the EEU amounted to $ 2.4 billion.  Economist, member of the Eurasian expert club Ashot Tavadyan said  this at a press conference, introducing the report "Armenian Economy  in 2018." and priorities in the context of the country's membership  in the EAEU>.

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ArmInfo.Armenian Minister of Economic Development and Investments Tigran Khachatryan does not agree with the statement that there are no measurable indicators in  the five-year government program. "There are two very important  indicators in the government's program - the Cabinet of Ministers  said that the export of goods and services will be the engine of  economic growth," he told reporters on February 8.

ArmInfo. The European Bank  for Reconstruction and Development (EBRD) is a strategic partner of  Armenia, with which efficient cooperation continues to deepen. Deputy  Prime Minister of the Republic of Armenia Tigran Avinyan announced  this during a meeting with Managing Director of the EBRD for Eastern  Europe and the Caucasus countries Matteo Patrone.

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ArmInfo.According to the IMF, the financial system of Armenia is stable, and the compliance with the Basel key principles of banking supervision is high - 97%.   According to the press service of the Central Bank of Armenia,  according to the IMF report, the stability of the financial system  has been strengthened, and the increase in flexibility has become a  guarantee of the continued functioning of the financial sector. 

ArmInfo. The growth of the Armenian economy again accelerated after a pause in August-September 2018. The economic activity index returned to growth in October (by 3.0% y-o-y) after decreasing by 0.2% a month earlier. This is stated  in the November Macroeconomic Review of the Eurasian Development Bank  (EDB).

ArmInfo.Armenia's membership in the Eurasian Economic Union is one of the priorities of the Armenian government. Trade and economic cooperation with the  countries of the EEU is becoming one of the most important positive  factors that affect the growth potential of the economy and foreign  trade. The Acting Prime Minister of Armenia Nikol Pashinyan stated  this on December 6 at a meeting of the Supreme Council of the EAEU  countries in St. Petersburg.

ArmInfo.Until the end of 2018, GDP growth rates in Armenia are likely to remain lower than in the first half of the year. This is stated in the next monthly,  October, report of the EDB <MacroBaz>. Nevertheless, according to the  results of 2018, according to the EDB forecast, the growth of the  Armenian economy will remain at a rather high level and will be 5.9%  compared to 2017.

ArmInfo.Economic growth by the end of 2018, most likely, will be 4.9-5.9%. This was stated by Atom Janjughazyan, Acting Minister of Finance of Armenia to ArmInfo.   Meanwhile, in September of this year the Ministry of Finance of  Armenia upgraded the forecast from the previous 4.5%, set in the law  "On the state budget for 2018", to 6.5%.

ArmInfo.Soft drinks with a certain level of sugar content will become excisable in Armenia, Head of the State Revenue Committee (SRC) of Armenia David Ananyan stated in the parliament on November 2 answering the question of ArmInfo.  According to him, this is an internationally accepted type of tax  when goods with a high sugar content are excised.

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ArmInfo.The World Bank has updated the outlook for Armenia's foreign trade in 2018, accelerating import growth to 16.9% and slowing export growth to 9.1%, from  previously projected 10.3% and 10.1%, respectively.