ArmInfo.The Armenian dram has shown a steady appreciation against the currencies of the trading partner countries since the beginning of Q2 2022. In July of this year, compared to the  beginning of 2022, the Armenian dram appreciated against a basket of  currencies: - by 19.8% y/y against the dollar, by 21.7% y/y against  the euro, by 32.4% y/y against the Russian ruble. In terms of the  real effective exchange rate, the Armenian dram appreciated by 33.6%  in 2022 and by 40% in June 2023 compared to the beginning of 2022. 

ArmInfo.RA Deputy Prime Minister Tigran Khachatryan received Head of the European Union Delegation to Armenia, Ambassador Andrea Wiktorin, who is completing her diplomatic  mission in the Republic of Armenia.

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ArmInfo. Today is the deadline for the 2-month term for the expert opinion by the interagency group for construction of a new nuclear power unit formed under a decision  by Armenia's Premier Nikol Pashinyan. 

ArmInfo. There is no alternative to nuclear energy in Armenia, so the question is the  capacity of the new nuclear power unit. Such an idea became the  cornerstone during the Round Table on the prospects for building a  new nuclear power unit in Armenia, organized on August 5 by an  initiative group of county's power engineers.

ArmInfo.Armenia plans to increase the y-o-y number of tourists visiting Armenia to 15 million people.  Prime Minister Nikol Pashinyan stated on August 3 during a discussion  of amendments to the law "On Tourism" and related laws, noting that  the goal is realistic if a tourist returning from Armenia recommends  others to visit Armenia.

ArmInfo.Prime Minister Nikol Pashinyan calls on the inhabitants of the republic to reconsider  their attitude to water, as he believes that "the water crisis is  already in Armenia."

ArmInfo. There is practically no policy aimed at developing high value-added industries in Armenia.  This, in fact, is evidenced by the data of both the RA Statistical  Committee and the list of the largest domestic taxpayers. Doctor of  Economic Sciences, Professor Ashot Tavadyan expressed a similar point  of view in an interview with ArmInfo.

ArmInfo.  All sectors positively influence the dynamics of economic growth in Armenia, but the services sector still plays the main role. However, monthly data since the beginning of the year show that services growth is gradually slowing down - this is largely due to last year's strong performance and demand adjustment.  This is stated in the regular Macroeconomic Review published today, prepared by analysts of the Eurasian Development Bank (EDB).

ArmInfo. A working meeting was  held at the Ministry of Economy of Armenia, chaired by Deputy  Minister Rafael Gevorgyan, during which they discussed the current  process of introducing a comprehensive health insurance system.

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ArmInfo. Armenia's government has approved amendments to the "Seismic Safety Improvement Programme: loan on results", which is being implemented with the sponsorship of the Asian Development Bank (ADB).

ArmInfo. The Republican Medical  Center of the Republic of Artsakh will be provided with an  alternative source of energy, regardless of power outages and rolling  blackouts. Thanks to the initiative of the We Are Our Mountains  Territorial Development Agency, a geothermal-solar hybrid plant will  be built in Artsakh, which will increase the reliability of the  medical center's power supply system. According to the agency, first  aid, surgery, resuscitation and intensive care units will be provided  with electricity as a matter of priority.

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ArmInfo. International Finance  Corporation standards need to be widely applied in the operation of  mining companies, Armen Stepanyan, Director of Sustainability,  Zangezur Copper Molybdenum Combine, said in an interview with  ArmInfo. 

ArmInfo.President of the Republic of Armenia Vahagn Khachaturyan met with the businessmen of  the Eastern Committee of the German Economy at the Embassy of the Republic of Armenia in Berlin, the RA presidential office reports. 

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ArmInfo.The increase of the share of domestic debt in the total government debt up to 47% in Armenia by  May 2023 can be considered from two aspects - both as an achievement by Armenia's economic authorities and their "involuntary" torpedoing economic progress, Armenia's former minister of finance, international expert Vardan Aramyan said in an interview with ArmInfo. 

ArmInfo. At the end of 2023, Armenia will register the second largest economic growth among the  EAEU countries, but at the same time the lowest inflation. This is the forecast of Eurasian Development Bank (EDB) analysts, which is included in the  Macroeconomic Outlook of 6 EAEU member countries published today.