ArmInfo.

ArmInfo. Two or three nuclear power units with a capacity of 200 MW each would make it possible to more effectively manage the energy system in Armenia. This was stated at the plenary session of the National Assembly of the Republic of Armenia by  Chairman of the Public Services Regulatory Commission (PSRC) of the Republic of Armenia Garegin Baghramyan.

ArmInfo.At its meeting on February 29, the Government of Armenia approved the proposal to sign  a grant agreement between the Republic of Armenia and the Asian Development Bank "Program for increasing food security adapted to climate change".

ArmInfo.The Government of Armenia accepted a 20% stake in the MTS Armenia company as a gift and  transferred the authority to manage it to the office of the Prime Minister of the Republic of Armenia. The decision was approved on February 29 at a meeting of the Cabinet.

ArmInfo.As of January 1, 2024, the total number of cards in the Armenian plastic market reached more than 3.722 million cards,  with a y-o-y growth of 17%. At the same time, micro- processing cards with an NFC chip have increased 3-fold over three years, including by 24% in 2023 (versus 45% in 2022), amounting to 2.6 million cards, with their dominance growing in the total number of cards to almost 70%, by data from the Central Bank of the Republic of Armenia.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo. The construction of an industrial-scale solar power plant, Mets Masrik, in Armenia is  nearing completion. This was stated on February 28 from the rostrum of parliament by Chairman of the Public Services Regulatory Commission, Garegin Baghramyan, whose candidacy was again nominated  by the RA government for the post of head of the PSRC.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo. The temporary ban on the export of gasoline from Russia will not affect Armenia.

ArmInfo. The international exhibition "Mobile World Congress 2024" started on February 26 in  Barcelona, Spain, reported by the press service of the Ministry of High-tech Industry.  

ArmInfo.

ArmInfo.The Armenian authorities may not to tax the income of citizens traveling abroad  for seasonal work if their annual income does not exceed 12 million drams (about $29 thousand at the current exchange rate).

ArmInfo.

ArmInfo.

ArmInfo.ADB has signed a sale and purchase agreement with the Bank of Georgia in respect of its shares in  Ameriabank. The Spokesman for the ADB Resident Mission in the Republic of Armenia told ArmInfo.

ArmInfo.Economic activity in Armenia increased by 10.7% in January 2024 compared to January 2023  (versus 10.5% growth a year earlier). In January alone, economic activity decreased by 45.1% (versus a 46.1% decline in January 2023), and the decline was recorded in all areas except the energy complex, according to the  preliminary data from the RA Statistical Committee.