ArmInfo. In Armenia, production volumes for all alcoholic beverages, except for wine and champagne, have increased over the first 10 months of this year. This  is evidenced by data from the RA Statistical Committee.

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ArmInfo. Armenia's nominal GDP in 2025 is projected to be AMD 10 trillion 891.5 billion, which is AMD 158.6 billion lower than the initial forecast. Expectations for  economic growth have also been reduced by 0.5 percentage points - to  5.1%. This is stated in the law , which  was approved by parliament on December 5.

ArmInfo.  Armenian Minister  of Economy, Gevorg Papoyan, received Tafadzwa Dube, Senior Disaster  Risk Management Specialist at the World Bank. Lusine Gevorgyan,  Chairperson of the Tourism Committee of Armenia, also attended the  meeting.  The parties discussed the implementation of the Local  Economy and Infrastructure Development Program (LEIDP) and the  Tourism and Regional Infrastructure Improvement Program (TRIP). They  talked about the programs' details, financial components, priority  action plans, and possible implementation deadlines.

ArmInfo. Deputy Minister of  Economy of Armenia Sevak Mikaelyan received a delegation of the World  Bank (WB), headed by the WB Senior Private Sector Specialist Iulia  Cojocaru. This was reported by the press service of the economic  department.

ArmInfo. The situation at  the Upper Lars checkpoint continues to be difficult.

ArmInfo. 15 Armenian producers took part in the international food and beverage exhibition Food Africa, which was held in Cairo from December 3 to 5.

ArmInfo. Over the first 9 months of 2024, sales of Armenian entrepreneurs on Wildberries increased by 14.5 times. This is stated in the company's statement.

ArmInfo. The Eurasian Development Bank (EDB) has developed a database of non-sovereign financing, which contains investments of international financial  institutions (IFIs) coming to the countries of the Eurasian region.  It contains more than 1,700 projects of international financial  institutions in 11 countries of the Eurasian region over the past 16  years, detailed by 50+ parameters.

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ArmInfo. Ardshinbank has begun a strategic technical assistance initiative with the European Investment Bank (EIB) within the framework of the Greening Financial Systems program.

ArmInfo. Ameriabank has been named the Bank of the Year 2024 in Armenia by The Banker Magazine, a leading financial publication affiliated with the Financial Times (FT). Winners of the Bank of the Year Awards were announced at the 2024 Banker Awards ceremony held in London on December 4. The prestigious award covers 127 countries and recognizes excellence of financial institutions that have grown while retaining a solid balance sheet, improved the quality of their service, invested in technology and considered their role within their local communities.

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ArmInfo. The Eurasian  Development Bank (EDB) has revised its forecast for Armenia's GDP  growth in 2024 from the previous 7.5% to a new 6%, citing a reduced  contribution from the precious metals processing and export sector in  generating added value.