ArmInfo.

ArmInfo.The third meeting of the Armenian-Iraqi intergovernmental joint intergovernmental  commission in Baghdad ended with the signing of a protocol.   Following its results, the Minister of Economy of Armenia Vahan  Kerobyan and the Minister of Agriculture of Iraq Abbas Al-Maliki  signed a protocol on the agreements reached within the framework of a  meeting of the intergovernmental commission.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.On September 13, head of the Central Bank of the Republic of Armenia Martin Galstyan received the  delegation of the International Monetary Fund, headed by the head of the IMF mission in Armenia, Iva Petrova. This is noted in the message of the Central Bank of the Republic of Armenia, which states that  among the issues raised, the parties also discussed the introduction of new approaches to monetary policy.

ArmInfo. A solar photovoltaic floating station was opened on Lake Yerevan. This was  reported by the press service of the Ministry of Territorial Administration and Infrastructures.

ArmInfo. On September 13, Deputy Prime Minister of Armenia Mher Grigoryan received World Bank  Regional Director for the South Caucasus Rolande Pryce.  The meeting was also attended by head of the Armenian office of the World Bank, Carolin Geginat , and International Finance Corporation (IFC)  Regional Manager for the South Caucasus,  Ivana Duarte .

ArmInfo.From September 29 to October 1, the Tech Week 2023 starts in Vanadzor, which is a  series of industry events and brings together the business and IT community of Armenia under one roof.

ArmInfo. A delegation of Armenia's State Revenue Committee participated in the 4th Belt and  Road Initiative Tax Administration Cooperation Forum (BRITACOF) themed "Improving Tax Environment", convened in Tbilisi, Georgia on 11 September 2023. 

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo. Armenia and Iraq discussed the possibilities of expanding bilateral economic  cooperation. This was reported by the press service of the Ministry  of Economy, referring to the results of the meeting of President of  the Republic of Iraq, Abdul Latif Rashid , with the delegation of the  Economic Department of Armenia, led by Minister Vahan Kerobyan in  Iraq.

ArmInfo. The deflationary impact from the external sector on the Armenian economy will continue. This was  stated on September 12 by head of the Central Bank of the Republic of Armenia Martin Galstyan at a press conference regarding the third reduction in the refinancing rate this year from 10.25% to 9.75%.

ArmInfo. The Central Bank's decision to reduce the refinancing rate suggests that  inflation risks are more manageable today. Chairman of the Central  Bank of Armenia Martin Galstyan stated  during a press conference on  September 12.

ArmInfo.

ArmInfo. The Middle East Corridor project announced at the G20 meeting, considering its logistics, is a serious  risk for Turkey's geostrategy. Vahe Davtyan, a PhD in political science and expert in transnational infrastructure project development, shares this opinion, when asked by ArmInfo to comment on the prospects of the new project.

ArmInfo.A reduction in interest rates on loans is possible only if the overall risk  environment softens, which will also adjust deposit rates downward.  Governor of the Central Bank of Armenia, Martin Galstyan, commented  on the possible impact of reducing the refinancing rate on bank  lending rates during a press conference.

ArmInfo.The Central Bank has improved its forecast for 2023 for Armenia's GDP growth from the  previous 6.9% to an updated 7.2%. The new forecast is driven by  strong growth in the construction and services sectors.