ArmInfo. A regular process for assessing the effectiveness of budget programs will be introduced in  Armenia. At the plenary meeting on May 2, the National Assembly of the Republic of Armenia adopted amendments to the law "On the Budget System" in the first reading.

ArmInfo. In the fight against poverty in Armenia, stimulating employment is critical. This was  stated by World Bank senior specialist Lea Hakim, presenting the report:  Beyond Boundaries: Unlocking Potential for a Sustainable Future.

ArmInfo. Market expectations of the CBA policy rate path have not changed materially since the last  decision and continue to reflect expectations of a gradual reduction in the policy rate through the end of the current year.

ArmInfo. Numerous issues and problems of integration of the EAEU member countries were discussed at the  international scientific conference entitled "Deepening financial integration in the EAEU" held today at the Russian-Armenian University(RAU).

ArmInfo.On April 30, RA Minister of Economy Gevorg Papoyan and General Director of Renshin  LLC Eduard Marutyan signed an agreement on the implementation of the project to build the World Trade Center in Yerevan, the press service of the RA Ministry of Economy reports. 

ArmInfo. During a meeting with the delegation of the Asian Development Bank (ADB), led by Luke Fochtman, Bank's  Deputy Country Director for Armenia, Deputy Minister of Internal Affairs (Ministry of Internal Affairs) of Armenia Arpine Sarkisyan noted the importance of cooperation with ADB in the field of disaster risk management

ArmInfo. On May 2, Acba Bank began the public placement of the next coupon non- documentary dollar and dram bonds in the amount of $5 million and 3 billion drams.

ArmInfo. The head of the Central Bank of Armenia, Martin Galstyan, pointed out the lending  activity in the banking system of Armenia. He announced this on April 30 during the press conference held in connection with the next reduction of the refinancing rate, this time to 8.25%.

ArmInfo. Consumer demand in the market remains high, but not at a level that would lead to a change  in the monetary policy of the Central Bank of Armenia.  Governor of the Central Bank of the Republic of Armenia Martin Galstyan stated on April 30 during a press conference.

ArmInfo.The World Bank's Board of Executive Directors approved a Development Policy Operation (DPO)  in the amount of $116 million equivalent for Armenia to enable reforms aimed at promoting green, resilient and inclusive development.

ArmInfo.The Board of the CBA today reduced the refinancing rate to 8.25%, the press service of the  Bank reports.

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ArmInfo.On April 27 and 28, Idram and IDBank participated in Career City Fest, a large career city fair. There was a queue at the shared booth of innovative companies: people visited the booth to get acquainted with company representatives and take pictures.

ArmInfo. On April 29, Deputy Prime Minister of the Republic of Armenia Mher Grigoryan received  Eugene Rhuggenaath, Executive Director at the World Bank Group representing the Constituency of Armenia and other several countries.

ArmInfo.The average market value of real estate of apartment buildings in Yerevan was 457.3 thousand drams/1 sq.m., in Q1 2024, 12.9% higher than the year-ago figure, according to the  data from the State Real Estate Cadastre  Committee.

ArmInfo. In the first quarter of 2024, more than 10 cases of administrative offenses were initiated against processors of biometric personal data and special category personal data. As a result, an administrative penalty in the form of  a fine was applied to 8 organizations. The RA Ministry of Justice  reports.

ArmInfo. In January-March 2024, 84 IT companies were included in the list of 1000 large taxpayers of Armenia, which allocated 20.8 billion drams to the state  budget, which is 3.5% or 728 million drams more than a year ago. This  is stated in a study by the Modex consulting company.

ArmInfo.Minister of High-tech Industry Mkhitar Hayrapetyan visited Digitain, one of the largest technological companies operating in the iGaming sector of  Armenia.  According to the press service of the Ministry of  High-Technological Industry, accompanied by Digitain management, the  minister got acquainted with the company's infrastructure, the  created ecosystem, developed products and development programs.