ArmInfo. For many years, tariffs for connecting new subscribers to the Electric Networks of Armenia  CJSC were far from realistic.  RA Minister of Territorial Administration and Infrastructures Gnel Sanosyan stated.

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ArmInfo. Armenia's gross international reserves decreased by 9.4% in Q1 2023 (against a 10% decline in Q1 2022) or by $387.4 million, amounting to $3.724 billion  (against a historical maximum of $4.112 billion in December 2022).  This is evidenced by the data of the Central Bank of the Republic of  Armenia.

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ArmInfo.This January-April, Armenia's tax revenues totaled AMD 758.1bln, AMD 126.3bln or 20% more  as against last January-April. 

ArmInfo. The scenario of the planned monetary policy (MP) of the Central Bank of RA envisages a rapid  decline in y-o-y inflation, which will be below the target level in the near future, and will stabilize at the target level of 4% in the medium term. Head of the Central Bank of the Republic of Armenia Martin Galstyan stated on May 2 during a press conference, presenting the rationale for the regulatory decision to keep the refinancing  rate at the level of 10.75%.

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ArmInfo.The results of macroprudential stress testing of the banking sector in Armenia show  that even under a negative scenario, the system is able to absorb  possible losses while maintaining the continuity of financial  intermediation. Chairman of the Central Bank of Armenia Martin  Galstyan stated during a press conference on May 2.

ArmInfo."Certain processes in the service sector lead us to believe that we have not yet won a  final victory in the fight against inflation," Governor of the Central Bank of Armenia, Martin Galstyan said during a press conference today.

ArmInfo.On May 2, Prime Minister Nikol Pashinyan received Aleksey Likhachev, Rusia's Rosatom State  Nuclear Energy Corporation General Director. 

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ArmInfo. April 25 to 28, 2023, on Armenia's interbank foreign exchange market, USD and RUB transactions showed a decline, with no EUR transactions effective for two weeks  running. Daily USD transactions were effected, with only two RUB  transactions. As a result, USD transactions showed a 56.5% decline  against a 30.6% growth, with RUB transactions showing a 33.3% decline  against a 13.2% growth. As a result, the total amount of USD  transactions exceeded the total amount of RUB transactions 5.6-fold  against 8.6-fold the previous week.