ArmInfo.Chaired by Prime Minister Nikol Pashinyan, a consultation was held in Jermuk, during  which the works and further steps towards the introduction of comprehensive health insurance were discussed.

ArmInfo.In 2023, Armenia's State Revenue Committee ensured tax revenues totaling AMD 2,200bln  (over $ 5.460bln), which was AMD 296bln or 15.4%, Committee Chairman Rustam Badasyan stated as he presented the 2023 report to Armenia's Premier Nikol Pashinyan. 

ArmInfo. In order to fully use transit opportunities with Georgia, it is necessary to enter into bilateral negotiations in order to eliminate those measures that are mutually applied to cargo carriers due to the fault of the Armenian side. A similar opinion was expressed by economist Tigran Jrbashyan, presenting the results of the "Ameria" company's "Alternative Wine Export Markets" study.

ArmInfo.

ArmInfo. The net profit of Armenian banks dropped by 9.2% in 2023 (after 3-fold increase  in 2022), amounting to 229.8 billion drams ($567.8 million) due to the deterioration of the y-o-y dynamics of non-interest income from a  4-fold increase to an almost 2-fold decline. Moreover, on a quarterly terms, profit began to decrease in Q3, then fell sharply down (-35%) in Q4, according to the data of the Express Ranking of Banks of Armenia as of December 31, 2023, prepared by ArmInfo IC.

ArmInfo. We have not much to boast of, our winemaking industry has not become more export-oriented. Tigran Jrbashyan, Partner, Director of Management Advisory Services at Ameria  said, ppresenting the results of the  "Ameria" company's "Alternative Wine Export Markets" study.

ArmInfo.Converse Bank has been awarded with the “Best Trade Finance Provider in Armenia” for 2024 award by the prestigious Global Finance magazine.

ArmInfo. According to TasteAtlas, a guide to national dishes of the world, which contains authentic recipes, reviews from critics and research articles about popular ingredients and food, Armenia took 69th place among 100 countries of the world. Armenian pomegranate, apricot, cheeses of "Chechil", "Lori", matsun, etc. were identified as the highest rated products.

ArmInfo.Armenia is thinking about introducing a new tool for foreign investment in startups. The draft corresponding amendments to the law "On Joint Stock Companies" were approved at a government meeting on January 18.  As stated in the explanation to the document, the goal is to create legal conditions for attracting investments in RA companies through a SAFE contract.

ArmInfo.

ArmInfo.At its meeting on January 18, the Government of Armenia approved the ratification of  the loan agreement of the   Seismic Safety Improvement Program (additional financing) between the Republic of Armenia and the Asian Development Bank (ADB) worth 66.1 million euros.

ArmInfo.A tender for the construction of the new Ajapnyak metro station will be announced this  year. Yerevan Mayor Tigran Avinyan announced  at the meeting of the cabinet of ministers on January 18.

ArmInfo.Armenia will attract EUR 25,000,000 for the Yerevan Energy Efficiency Phase II project.  Armenia's Cabinet approved a relevant decision on January 18. 

ArmInfo.On January 18, Armenia's Cabinet approved a decision on the RA government accepting  12.5% of the Lydian Armenia shares as a gift.  

ArmInfo. Armenia's Minister of Ecponomy Vahan Kerobyan has left for Germany to participate in the  Global Forum for Food and Agriculture 2024 (GFFA).

ArmInfo.Armenia's Cabinet has approved the ratification of the EUR 60mln financial agreement  Yerevan Urban Development Investment Project with the Asian Development Bank (ADB) of November 27, 2023. 

ArmInfo.Converse Bank announces on the completion of Euroterm CJSC corporate bonds allocation ahead of schedule. From 28.11.2023 to 12.01.2024, Converse Bank allocated bonds with total volume of AMD 500 million with a coupon rate of 12.5% and a maturity of 36 months.

ArmInfo.Armenia and China are considering cooperation in nuclear energy. Chinese Ambassador to  Armenia Fan Yong visited the Armenian NPP. 

ArmInfo.Boosting green lending for SMEs and households, especially in agriculture, manufacturing, and small-scale renewable energy 

ArmInfo.The government will compensate the deposits of citizens born before June 30, 1941 inclusive, who were invested in the Republican Bank of the Armenian SSR of the Savings Bank of the USSR. The Ministry of Labor and Social Affairs reported this, citing a government decision.