ArmInfo.

ArmInfo.

ArmInfo.Fly Arna, Armenia's national airline and a joint venture company between the Armenian  National Interests Fund (ANIF) and Air Arabia Group, has launched new  direct service connecting Armenia with Georgia. This is reported by  the press release of the national airline received by ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo. This year, the 12-month inflation is expected to exceed the 4% target and reach 8.5%, with average inflation to reach 8.1%, with a gradual decline to the  targeted level during next year.  

ArmInfo. The European Fund for Southeast Europe (EFSE) has extended a USD 10 million five-year facility to AraratBank for financing of micro, small and medium businesses (MSMEs) affected by the economic, social, and security challenges triggered by the Russia-Ukraine war, prioritizing those operating in crisis-relevant sectors.

ArmInfo. The European Bank for Reconstruction and Development will provide a $4 million loan to HSBC Bank Armenia, the EBRD said in an official statement.  It is noted that $3 million will be provided directly by the EBRD and $1 million by the Green  Climate Fund (GCF) under the Regional Green Economy Financing  Facility (GEFF).

ArmInfo.A leading index provider and data source of independent credit ratings Standard&Poors (S&P),  has kept Armenia's sovereign rating at "B+" and "B" for  issuing long-term and short-term liabilities in foreign and national  currencies, with a stable outlook.

ArmInfo.5,867.6 million kWh of electricity was produced in Armenia in January-August 2022, which is 16.6% higher than the figure of a year ago (against the 1.5%  decrease of the previous year).  According to the data of the RA  Statistical Committee, in August alone electricity generation  increased by 2.7% - up to 749.9 million kWh.