ArmInfo.

ArmInfo.

ArmInfo.In Armenia, the growth of economic activity in H1 2023 slowed down to 11.4% per annum (from 11.8% in H1 2022), while significantly exceeding the pre-Covid upward  pace of 6.5% in H1 2019.

ArmInfo.

ArmInfo.

ArmInfo.Experts of the Eurasian Development Bank (EDB) forecast near-zero inflation for the  third quarter of this year. Among the factors are AMD appreciation,  reduced price pressure and monetary restraints.  

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.

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.Fitch Ratings has upgraded Ardshinbank CJSC's Long-Term Issuer Default Rating (IDR) to 'BB-' from 'B+' with a stable outlook. At the same time, the bank's Viability Rating (VR) upgraded from "b+" to "bb-", highlighting the bank's strengthened position in Armenia's banking system and its exceptional financial performance.

ArmInfo.

ArmInfo.

ArmInfo.The sharp increase in Armenian exports in 2022 is mainly due to the influence of exogenous  factors and contains significant risks. This opinion was reached by  experts of the LUYS Foundation, who studied the structure of exports  of the Armenian economy for the reporting period, as well as the  possibilities of economic growth in Armenia in the absence of these  factors.

ArmInfo.

ArmInfo.

ArmInfo.On August 3, IDBank will issue the 2nd dollar tranche of registered coupon bonds under the abbreviation AMANLBB2MER6 with the following conditions.

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.

ArmInfo.The Armenian Ministry of Environment has proposed a total ban on the sale of all types of  plastic bags and disposable tableware. This was stated by head of the  department Hakob Simidyan on August 3 at a government meeting.

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."