ArmInfo. Measures are being taken to launch the ferry service Poti - Port Kavkaz. Deputy Minister of Economy of Armenia Ani Ispiryan stated on November 18 at the forum "Economic Security and Stability of the EAEU Countries: Opportunities  for the State and Business".

ArmInfo. In January-October 2022, Armenia increased the public debt by 9.1% or $837.5 million - up to $10 billion 063.2 million. At the same time, as a result of the  revaluation of the national currency (in January-October, the dollar  depreciated against the dram by almost 20% - from 480 to about 395  drams per $) the state debt in dram terms decreased by 10.1% or 449.3  billion drams - up to 3 trillion 380.3 billion drams.

ArmInfo.By October 1, 2022, plastic cards number in Armenia reached 3.048 million (including co-badged ArCa-MIR cards and Russian MIR cards), with an acceleration  of y-o-y growth from 5.3% to 16.3%.

ArmInfo. By the end of 2022, Armenia's GDP growth will reach 12-13%. At the same time, experts estimate the potential growth rates of the RA GDP at 4-4.5%.

ArmInfo.Being at the heart of commodity flows, Armenia has every chance of becoming one of the transit hubs for the sale of products of Russian manufacturers and  the supply of necessary products for the Russian Federation. Andrey  Rusakov, a political scientist and director of the Center for  European-Asian Studies (Yekaterinburg) expressed a similar opinion  during a press conference on November 10. 

ArmInfo.A new NPP construction project continues to be talked about in Armenia. No one doubts Armenia needs a new nuclear-powers plant (NPP), but its  capacity is being questioned. According to the preliminary data,  Armenia's authorities are inclined to the construction of an NPP with  a capacity of 1,200MW, with experts raising objections. According to  them, Armenia needs an NPP with a capacity of 500MW. 

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ArmInfo.In the medium and long terms the vectors of economic relations will mostly remain  unchanged, Aram Safaryan, Coordinator of the Eurasian Expert Club,  stated at the panel discussion entitled 'Armenia and urgent  priorities of Eurasian economic integration." 

ArmInfo. We understand that Armenia is one of the beneficiaries of the reconfiguration of the Russian economy, commodity flows, services, including capital, and  this should be used to the maximum. Minister of Economic Development  of the Russian Federation Maksim Reshetnikov stated this during the  "Intellectual Platform" event established by the Center for Strategic  Development of the Republic of Armenia.

ArmInfo. The Persian Gulf-Black Sea transport corridor project is one of the key issues on the Armenian-Iranian agenda, Iranian Foreign Minister Hossein Amir-  Abdollahian stated at a news conference held jointly with his  Armenian counterpart Ararat Mirzoyan on October 20 as he answered a  question as to what steps are being taken to involve other countries  in the project. 

ArmInfo. Armenia and Belarus demonstrate good economic dynamics. Armenian Prime Minister Nikol Pashinyan stated this at a meeting with his Belarusian counterpart  Roman Golovchenko.

ArmInfo. Economically, the highway through the Caucasian Range which is under construction in  Georgia now will be the shortest route for delivering Armenian  cargoes to Russia, Gagik Aghajanyan, Executive Director of the Apaven  foreign forwarding company, said in an interview with ArmInfo. 

ArmInfo. Money transfers from Russia to Armenia for 8 months of 2022 amounted to $1.9 billion. This is evidenced by the data of the Eurasian Development Bank.

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