ArmInfo. Works on the  construction of the first sanitary landfill in Armenia within the  framework of the "Solid Waste Management Program of Kotayk and  Gegharkunik Regions" are at the final stage, Armenia's Premier Nikol  Pashinyan was told on July 10 during a meeting in the Kotayk regional  administration, specifying that 90% of the construction work has  already been completed.

ArmInfo. According to a revised  forecast by the Central Bank of Armenia (CBA), 6.9% GDP growth is  expected this year against the previously forecast 5.8% (against the  actual 12.6% growth in 2022), with a further slowdown to 5.5% in  2024. 

ArmInfo.Ardshinbank's Private Banking has achieved the distinguished recognition of being named the Best in Armenia for 2023 by the esteemed financial publication, Global Banking & Finance Review.

ArmInfo. In such a short period of time, this year alone, the Team Telecom Armenia telecommunications  company, managed to make breakthrough steps in the domestic telecommunications market, first, it showcased itself as group of companies (Team Pay, Team Solutions, Team Systems and buy. am), Then followed the acquisition of shares of one of the leading telecommunication operators in Georgia (SkyTel) and, finally, an  company undertook its initial public offering (IPO).

ArmInfo.The IMF Executive Board completed the first review under the Stand-By Arrangement (SBA) with  Armenia, providing the country with access to about US$24.5 million.

ArmInfo. The Armenia Securities Exchange (AMX) will start cross-listing with the Warsaw Stock  Exchange, AMX Director General Hayk Yeganyan stated at the awards ceremony for the most active securities market participants.

ArmInfo. The World Bank has improved its forecast for GDP growth in Armenia for 2023 from the  previous 4.1% to the updated 4.4% (against the actual 12.6% growth in 2022), expecting an acceleration in 2024 to 4.8% and up to 5%. in 2025). This is noted in the WB's Flagship Report on Global Economic Prospects for June 2023.

ArmInfo.As part of the Meghri border crossing reconstruction and modernization project, the  groundbreaking ceremony of the new Meghri checkpoint took place today. Head of the State Revenue Committee of the Republic of Armenia Rustam Badasyan said on his Facebook page.

ArmInfo. The European Bank for Reconstruction and Developmemnt (EBRD) has improved the GDP growth  forecast from 4% to 5%, with the same GDP growth rate expected in 2024 (against the previously forecast 4.8%), according to the EBRD Regional Economic Prospects in the EBRD Regions. High inflation weighs on purchasing power of households."

ArmInfo. Armenia's government will allocate EUR  2,219,500 for launching a checkpoint construction  project in Meghri.  

ArmInfo. With the assistance of the European Union, a new checkpoint will be built in Meghri. On May  3, RA Prime Minister Nikol Pashinyan statedfrom the rostrum of the RA National Assembly.

ArmInfo.AraratBank has been awarded the title of Valued Partner of EBRD by the European Bank for Reconstruction and Development for lasting and effective cooperation between EBRD and AraratBank.   As informed by the bank, the effective and long-term cooperation between the European Bank for Reconstruction and Development and AraratBank started as early as 2007.  

ArmInfo. As part of the EU4Business initiative the EU launched in Armenia in July 2021, the European Bank for Reconstruction and Development (EBRD) and Armenian  financial institutions signed EUR 30mln credit lines, Lilit Gharayan  Team Leader EU4Business- EBRD Credit Line Armenia, said at the forum  entitled "EU4Business-EBRD Credit Line in Armenia - Impact to date  and Way Ahead" on April 14.  

ArmInfo.The Ministry of Economy, in cooperation with the European Bank for Reconstruction and Development (EBRD)-supported Investment Council, and the support of the Good Governance Fund program of the UK government, launched the  "Identification of the export potential of Armenia and the  development of mechanisms to stimulate exports program."

ArmInfo.The International Monetary Fund (IMF) has improved its 2023 forecast for Armenia's GDP growth from the previous 4.5% to an updated 5.5% (against the actual  12.6% growth in 2022). The Fund also revised its expectations for inflation to 5.5% instead of the previously indicated 6% (from inflationary 8.3% for 2022).

ArmInfo.The Central Bank has improved its forecast for 2023 on GDP growth in Armenia to 5.8% from  the previous 4.6% (against the actual 12.6% growth in 2022).  This was stated on March 14 during a press conference by head of the  Central Bank of the Republic of Armenia Martin Galstyan.

ArmInfo. Babken Sedrakyan, CEO, Yerevan Metro, held a meeting with delegations of the European Investment Bank (EIB) and the European Bank for Reconstruction and  Development (EBRD) to discuss the expansion of the subway drainage  tunnel within the framework of the 2nd stage of the subway  rehabilitation project, the press service of the subway said.

ArmInfo.In the sidelines of the Munich Security Conference, Prime Minister Nikol Pashinyan had a meeting with Odile Renaud-Basso, President of the European Bank for  Reconstruction and Development, the press service of the government reports.

ArmInfo.Armenia's private sector will benefit from new green technology financing thanks to the funding from the European Bank for Reconstruction and Development  (EBRD) and a concessional finance from the Green Climate Fund (GCF),  provided to HSBC Bank Armenia under the EBRD's Green Economy  Financing Facility (GEFF).

ArmInfo. The European Bank for Reconstruction  and Development (EBRD) and the Central Bank of Armenia signed a  memorandum under EBRD-KEXIM Joint Consultation Knowledge Sharing  Programme (KSP) with the aim to support the CBA in Digital  Transformation of Financial Market Infrastructure in Armenia. Many  thanks to @KFTC for their continued support for this initiative.  .