ArmInfo.Armenia's foreign trade turnover in January-July 2021 amounted to $ 4.3 billion, with an improvement in y-o-y dynamics to 15.1% growth (from an 11.3%  decline a year earlier).

ArmInfo. In Armenia, economic activity in January-July 2021 increased by 5.3% per annum (against a 5.7% decline a year earlier), accompanied by an accelerated growth in  exports and imports. In July of this year by July 2020, economic  activity increased by 6.2% (against a decline of 10.2% a year  earlier), while in July 2021 alone it slowed down to 7.5% from June  12%, which was also observed in July 2020 - to 9.4% from 14.8% in  June.

ArmInfo. Armenia's gross international reserves increased over 7 months of 2021 by 17.7% or by $ 463.1 million, amounting to $ 3.079 billion, as evidenced by the  data of the Central Bank of Armenia. Of these, the lion's share - $  3.073 billion - falls on foreign assets in hard currency, and the  share of SDR in the IMF amounted to $ 5.2 million. According to the  regulator's report, for 7 months of this year foreign assets in hard  currency increased by 17.9%, while the share of SDR in the IMF  decreased by 42.1%.

ArmInfo. Over the year,  Armenia has improved its positions by 2 points in the  Index of  Economic Freedom moving from 34th to 32nd place (against 47th in  2019). Index of Economic Freedom is an annual guide published by The  Heritage Foundation, Washington's No. 1 think tank.

ArmInfo. Economic activity in  Armenia in January-July 2021, increased by 5.2% per annum (against a  5.7% decline a year earlier), accompanied by an accelerated growth in  exports and imports. In July of this year, by July 2020, economic  activity increased by 5.8% (against a decline of 10.2% a year  earlier), while in July 2021 alone it slowed down growth to 7.4% from  June 12%, which was also observed in July 2020 - to 9.4% from 14.8%  in June.

ArmInfo. The largest allocation by International Monetary Fund of Special Drawing Rights (SDRs) in history-about US$650 billion-comes into effect today. Ms.  Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF) made the following statement, according to the IMF website.

ArmInfo. A meeting with the newly appointed regional representative of the International Monetary Fund (IMF) Mehdi Raissi was held at the Ministry of Economy of  Armenia.

ArmInfo.In Armenia, the specific debt burden per capita by July 1, 2021 had already reached $ 3 thousand from $ 2.6 thousand a year earlier. Moreover, the per capita  debt burden from external debt increased from $ 2 thousand to $ 2.3  thousand. At the same time, the population of Armenia has increased  over the year by only 1.6 thousand people - p to 2.965 million people  by July 1, 2021.

ArmInfo. In Armenia, economic activity in H1 2021 increased by 5% per annum (against a 4.7% decline a year earlier), which is accompanied by an increase in exports and a  rise in imports. In June of this year, by June 2020, economic  activity increased by 8% (against a decline of 12.8% a year earlier),  while in June 2021 alone it accelerated growth to 12% from May 2%  (against a less noticeable acceleration of growth in May 2020 from  13.3 % to 14.8%).

ArmInfo.Armenia's foreign trade turnover in January-June 2021 amounted to $ 3.6 billion, with an improvement in y-o-y dynamics to 13.4% growth (from a 10.7% decline a  year earlier). Moreover, higher growth was shown by exports (23.3%)  than imports (7.9%), with the trend emerging from the downward 6.5%  and 12.9%, respectively, a year earlier. According to the final data  of the Statistical Committee of the Republic of Armenia, the volume  of exports reached $ 1.4 billion, and imports- $ 2.2 billion.

ArmInfo.An impressive growth in exports with a moderate growth of imports reduced the foreign trade deficit of Armenia in January-June 2021 by 11.4% per annum (against a decline of 20.1% a year earlier, with a decline in imports by 12.9%  and exports by 6.5%).

ArmInfo. In Armenia, economic activity in H1 2021 increased by 5% per annum (against a 4.7% decline a year earlier), which is accompanied by an increase in exports and a rise in imports. In June of this year. by June 2020, economic  activity increased by 8% (against a decline of 12.8% a year earlier),  while in June 2021 alone it accelerated growth to 12% from May 2%  (against a less noticeable acceleration of growth in May 2020 from  13.3 % to 14.8%).

ArmInfo.. The banking system in Armenia is sound and  well-regulated, but the financial sector is not highly developed,  according to investors. Banking sector assets account for over 80  percent of total financial sector assets. This is stated in the  published report of the US State Department on the investment climate  in Armenia for 2021.

ArmInfo. Acting Minister of Economy of Armenia Vahan Kerobyan called the forecast of the country's authorities on economic growth even by 6% pessimistic. He  stated this during an interview with the First TV channel.

ArmInfo. In H1 2021, Armenia's gross international reserves increased by 18.7% or by $ 488.6 million, amounting to $ 3.104 billion, as evidenced by the data of  the Central Bank of Armenia. Of these, the lion's share - $ 3.091  billion - falls on foreign assets in hard currency, and the share of  SDR in the IMF amounted to $ 13.3 million. According to the  regulator's report, for H1 this year, foreign assets in hard currency  increased by 18.6%, while the share of SDR in the IMF increased by  48%.

ArmInfo.Armenia's foreign trade turnover in January-May 2021 amounted to $ 2.9 billion, with an improvement in y-o-y dynamics to 11.6% growth (from an 11.2% decline  a year earlier). Moreover, higher growth was shown by exports (20.8%)  than imports (6.7%), with a trend reversal from the downward 8.1% and  12.8%, respectively, a year earlier. According to the final data of  the Statistical Committee of the Republic of Armenia, the volume of  exports reached $ 1.1 billion, and imports reached $ 1.8 billion.

ArmInfo. In Armenia, in January-May 2021 economic activity increased by 4.3% per annum (against a 3.9% decline a year earlier), accompanied by an increase in exports and the growth of imports. In May of this year, by May 2020, economic  activity increased by 10.9% (against a decline of 12.8% a year  earlier), while demonstrating an increase of 2% in May 2021 alone  (against 13.3% growth in May 2020).

ArmInfo. Carolin Geginat is the Country Manager of the World Bank (WB) for Armenia as of July 1, 2021. This is stated in the message of the WB.

ArmInfo.A more impressive growth in exports than imports increased the foreign trade deficit of Armenia in January-May 2021 by 13% per annum (against a decline of  18% a year earlier, with a decline in imports by 12.8% and exports by  8.1%).

ArmInfo. In Armenia, economic activity in January-May 2021 increased by 4.3% per annum (against a 3.9% decline a year earlier), which is accompanied by a jump in  exports and a rise in import growth. In May of this year by May 2020,  economic activity increased by 10.9% (against a decline of 12.8% a  year earlier), while only demonstrating an increase of 2% in May 2021  (against 13.3% growth in May 2020).