ArmInfo.

ArmInfo. A special working group has been established within the Ministry of Economy of the Republic of Armenia to provide support to businesses, which are  planning to move to or set up new businesses in Armenia. This is  stated in the official statement of the department.

ArmInfo. Deputy Minister of Territorial Administration and Infrastructure of Armenia Hovhannes Harutyunyan visited  Agarak Copper Molybdenum Combine CJSC.

ArmInfo.In January 2022, Armenia increased the public debt by almost $60 million  (up to $9 billion 282.6 million or 4 trillion 479.5 billion drams).

ArmInfo.U.S. Deputy Ambassador to Armenia Chip Laitinen visited the Armenian Nuclear Power Plant this week and learned about the critical role it plays to  power the country. This is stated on the official Facebook page of  the US Embassy in Armenia.

ArmInfo.In 2021, 870,308 tourists visited Armenia, which is 2.4-fold higher than a year ago (against a decline of 80.2% in 2020). But even with such growth, it  was not possible to restore the pre-Covid level of tourist flow.

ArmInfo.According to the results of 2021, the Zangezur Copper-Molybdenum Combine topped the list of the largest taxpayers in Armenia. According to the published  data of the State Revenue Committee of the Republic of Armenia, the  enterprise sent 48.8 billion drams to the state treasury (with a  y-o-y growth of 17.2%), of which 1.7 billion drams - for customs  duties, 20.1 billion drams - for direct taxes (incl.  profit tax,  income tax), 1.6 billion drams - for indirect taxes (including VAT,  excise tax).

ArmInfo. In Armenia, the number of vehicles with CMTPL policy is gradually recovering its growth rates, allowing the increase in fees to gain momentum. Thus,  according to the Bureau of Motor Insurers of Armenia, their number  increased by 9.6% per annum in 2021, with an exit from the 12.4%  decline in 2020, but so far is much inferior to the pre-Covid  ascending 18.5% in 2019.

ArmInfo. The volume of total foreign investment in the real sector of the Armenian economy in January-September 2021, compared to the same period in 2020, grew by  33% (from a 32% decline a year earlier), exceeding the 27.1% growth  in the pre-Covid similar period of 2019, reaching in 9 months of 2021  $1.954 billion.

ArmInfo.The Ministry of Economy intends to transform anti-crisis state assistance programs into development programs. Vahan Kerobyan, head of the country's  economic department, stated this in an interview on the telegram  channel of the Ministry of Economy.

ArmInfo. On the eve of the New Year, Governor of the Central Bank of Armenia Martin Galstyan made an appeal to the citizens and the business community of the country,  urging them to remain vigilant, since inflation in the outside world  is not weakening and 2022 contains tangible, as before, inflationary  risks and challenges.  So, as reported by the press service of the  Central Bank, Galstyan in his speech noted, in particular:

ArmInfo. In Armenia, economic activity in January-November 2021 increased by 5.2% per annum (against a 7.2% decline in the same period of 2020), while in the  pre- COVID period it has7.5% growth (in the same period of 2019). ).  This was observed against the backdrop of the exit of exports and  imports from the recession to double-digit growth, while in the  pre-COVID comparable period, the growth of these indicators was much  more modest. This is evidenced by the preliminary data of the RA  Statistical Committee.

ArmInfo. A new corridor between Iran, the Republic of Azerbaijan, Georgia, the Black Sea and Europe will be activated this week. Iran.ru reports this with reference to  Iranian Ambassador to Baku, Seyyed Abbas Mousavi.

ArmInfo.The volume of industrial production in Armenia in January-October 2021 accelerated the y-o-y growth rate from 0.5% to 1.1%, amounting to 1.848 trillion  drams ($ 3.6 billion). This was provoked by the revitalization of the  manufacturing industry. According to the Statistical Committee of the  Republic of Armenia, in October 2021 alone, industrial production  increased its volumes by 3.9%, ensuring the volume of 225.9 billion  drams ($ 471.4 million).

ArmInfo. The newly formed FLYONE ARMENIA  announces that it has received identification codes from the  International Civil Aviation Organization (ICAO) and the  International Air Transport Association (IATA) on November 12 and  November 15, 2021.

ArmInfo. The fifth meeting of the Armenian-Czech intergovernmental commission on economic cooperation was held in Yerevan.

ArmInfo.Russia and China hold the lead among Armenia's foreign trade partners. According to the final data of the Statistical Committee of the Republic of Armenia,  Russia holds the lead in Armenia's foreign trade turnover with a  volume of over $ 1.5 billion in January-August 2021, with the y-o-y  dynamics changed from the 0.9% decline to 11.8% growth.

ArmInfo. The expenditures of the state budget of Armenia in 2022, in comparison with the indicator projected  in the state budget for 2021, will grow by 18.2% - up to 2  trillion 188.4 billion drams, RA Minister of Finance Tigran  Khachatryan said at a government meeting on September 30, presenting  the draft law on budget of the Republic of Armenia for 2022 ".

ArmInfo. The Argentine Embassy in Armenia is launching a project to create the first  Argentine Chamber of Commerce in Yerevan. This is stated in the  official statement of the diplomatic mission.

ArmInfo. The growth of vehicles with CMTPL (compulsory motor third party liability policy) resumed in Armenia. And as evidenced by the data of the Bureau of  Motor Insurers of Armenia, their number increased in January-August  2021 by 1% per annum, with an exit from the 2.9% decline a year  earlier, but so far it is much inferior to the pre-covid upward rate  of 13% for the same period in 2019.