ArmInfo.The European Bank for Reconstruction and Development (EBRD) and the European Union have provided Ardshinbank with a $20 million credit for the development of Micro, Small, and Medium-sized Enterprises (MSMEs) in Armenia. The financial package aims to support growth, competitiveness, and green economy initiatives in Armenia. The agreement was signed on November 24 in Yerevan.

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ArmInfo.Despite the difficult challenges, joy everyone's joy, the economy of Armenia displayed and continues displaying a fairly high resistance, including the effective macro-economic policies and equivalent actions being continuously implemented by the Government and the Central Bank. The RA Minister of Finance Vahe Hovhannisyan said on November 14, presenting for debate in the National Assembly the draft  law on RA State Budget for 2024.

ArmInfo.Armenia's Ministry of Economy has organized a meeting with members of the Mantashyants  business club. 

ArmInfo. In the Armenian village of Darpas of the Sisian community, public discussions were held on the environmental impact assessment (EIA) of the project for the construction of a section of the Sisian-Kajaran highway of the North-South transport corridor, the Road Department Foundation reports. 

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ArmInfo.An International Monetary Fund (IMF) team, led by Iva Petrova, visited Yerevan during September 13-25 to hold discussions with the Armenian authorities for the 2023 Article IV consultation and the second review under the Stand-By Arrangement (SBA) with Armenia.  At the conclusion of the discussions, Ms. Petrova issued the following statement:

ArmInfo.In the 2024 financial year, it is planned to allocate AMD 168.022bln to the needs of the Ministry of Health of Armenia, RA Minister of Finance Vahe Hovhannisyan stated on November 6 during discussions in the  commissions of the National Assembly of the Republic of Armenia when discussing the draft state budget of the country for 2024.

ArmInfo. Armenia's government will co-fund pilot programmes in four Armenian communities. 

ArmInfo. Next year, the implementation of a program to re- extend the operating life of power unit N2 of the Armenian Nuclear Power Plant will begin.  Minister of Territorial Administration and Infrastructure of the Republic of Armenia Gnel Sanosyan stated on October 31 at the RA NA  Standing Committees discussions on the draft state budget for 2024.

ArmInfo. Work on the construction of a new Yerevan metro station will begin in 2024, RA  Minister of Finance Vahe Hovhannisyan told reporters on October 31.

ArmInfo. It is planned to establish an Information Systems Agency in Armenia. Governor of the  Central Bank of the Republic of Armenia Martin Galstyan announced on October 30 at a parliamentary committee hearing on the 2024 budget.

ArmInfo.ARMSWISSBANK presents the long-awaited World Elite™ Mastercard®, which along with the possibility to carry out convenient and secure transactions, provides cardholders with many premium benefits around the world.

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ArmInfo. The Team group of companies this year at the annual technology exhibition DigiTec2023  is represented by an HR pavilion, where all specialists who want to join the Team can apply for a job and undergo an on-site interview, and students can become participants in the Generation Team internship program.

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ArmInfo. The European Investment Bank (EIB), the lending arm of the European Union, will provide a  loan of EUR70 million to the Central Bank of Armenia to increase access to financing for small and medium-sized enterprises (SMEs) and mid-caps in Armenia. 

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ArmInfo.On September 22, the Government of Armenia approved the draft decree of the President of  the Republic of Armenia "On approval of additional agreement No. 1" to the agreement between the Republic of Armenia and the Eurasian Development Bank on the provision of a grant from the funds of the Eurasian Fund for Stabilization and Development to finance the E-Labor Exchange programme.

ArmInfo. Work continues in Armenia to develop an Employment Strategy. Deputy Minister of Labor  and Social Affairs of the Republic of Armenia Ruben Sargsyan announced this at a press conference on September 8.