ArmInfo.Armenian Finance Minister Tigran Khachatryan assures that even if a number of risk factors and uncertainties continue in the global economy, the  country's authorities will attract as much external borrowing as  necessary to cover the costs fixed in the state budget for 2022. The  head of the Ministry of Finance stated this on March 28 at a meeting  of the NA Standing Committee on Financial-Credit and Budgetary  Affairs, presenting a report on the results of the activities of the  RA government for 2021.

ArmInfo.On the 24^th of March 2022, a new loan agreement with ARMSWISSBANK CJSC and the Eurasian Development Bank (EDB) was signed to promote trade financing in the amount of USD 5 million.

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ArmInfo.National interests Fund's (ANIF) subsidiary "Entrepreneur + State Anti-Crisis  Investments Fund" CJSC continues to support Armenian business projects.

ArmInfo.A 12% increase in economic activity was recorded in Armenia this January-February as compared with last January-February (against a 6.7% decline the  previous period and a 6.5% increase in January-February 2019).

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ArmInfo. Russia needs guarantees that the supplied grain will not be exported to third countries. With the exclusion of such risks, it is ready to supply the necessary  amount of food.Minister of Economy of Armenia Vahan Kerobyan stated  this on March 23 during a briefing.  

ArmInfo.. The Armenian authorities do not encourage the relocation of foreign businesses to the Republic of Armenia in connection with the Russian-Ukrainian crisis, however, they are ready to support on the basis of humanistic motives.  Minister of Economy of Armenia Vahan Kerobyan stated on March 24 in  an interview with journalists.

ArmInfo.On March 24, at a meeting, the Government of Armenia approved the draft law "On the Ratification of the Protocol on Amendments to the Convention on the  Exclusion of Double Taxation in the Line of Income and Property Tax  between the Republic of Armenia and the Swiss Confederation of June  12, 2006", signed on November 12, 2021 in Yerevan.

ArmInfo.Armenian Minister of Economy Vahan Kerobyan believes that fixing gas prices in rubles would be a great success, including in the context of solving the  problems of exporters.

ArmInfo. From March 28, Red Wings Airlines will start operating flights from Nizhny Novgorod to Yerevan, TASS reports, referring to the press service of the Airlines.

ArmInfo. From March 24 to April 15, Armenia Aircompany cancels NGT936/935 flights in the Moscow-Yerevan-Moscow direction due to European and American  sanctions. Gevorg Khachatryan, deputy director of Armenia Aircompany,  announced this on his Facebook page.

ArmInfo.The Armenian government will subsidize the ferry service between the ports of Poti (Georgia) and Kavkaz (Russia) for 6 months. The corresponding decision was  approved on March 24 at a government meeting.

ArmInfo.Today, UNDP organised a conference titled "European Experience of Sheep Breeding and its Application in Armenia", the official press release of the Green  Agriculture Initiative in Armenia project reads.

ArmInfo. The Armenian government will support companies and individual entrepreneurs in the IT sector. The corresponding procedure was approved on March 24 at a government meeting.

ArmInfo.The Council of the Eurasian Economic Commission decided to exempt food products and goods used in their production from import customs duties for six  months.  "This will definitely have a positive impact on prices,"  Armenian Prime Minister Nikol Pashinyan stressed on March 24 at a  government meeting.

ArmInfo.Armenia simplifies customs control at the state border. As Chairman of the State Revenue Committee (SRC) Rustam Badasyan stated on March 24 at a government  meeting, presenting a draft decision, the control of various state  bodies at the border will be optimized and the "one window" principle  will be introduced.

ArmInfo.. Minister of Economy of Armenia Vahan Kerobyan believes that the additional funds that farmers will be forced to allocate for the purchase of fertilizers  and diesel fuel will be fully compensated in the process of selling  the final products they receive. This was stated by the head of the  department Vahan Kerobyan on March 23 in the parliament during the  government hour, referring to the sharp rise in prices for  fertilizers and diesel fuel on the world market.

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