ArmInfo.Armenia`s Cabinet has allocated about $.1.7mln for research and development in the defense sector. 

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ArmInfo.

ArmInfo.The Ministry of Economy is most concerned over the continuing import of Turkish goods to Armenia, RA Minister of Economy Vahan Kerobyan told a news briefing as he presented the results of Armenia`s sanctions against Turkish goods  after the 44-day war in Karabakh. 

ArmInfo.In 2022, Yerevan's own revenues will grow by 3.8 billion drams compared to 2021. The Yerevan Municipality administration presented a draft budget for the next  financial year.

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ArmInfo.The European Bank for Reconstruction and Development (EBRD) has approved $15mln loans under the micro-, small and medium sized enterprises (MSMEs - $5mln) and Women in Business (WiB - $10mln) for Ameriabank. According to an EBRD report, loans are provided under the SME Competitiveness Programme in  Eastern Partnership (EaP SMEC). 

ArmInfo.Ameriabank has signed USD 20 million loan agreements with responsAbility Investments AG and the Global Climate Partnership Fund (“GCPF”) aimed at financing small and medium size enterprises and green projects in Armenia.

ArmInfo. Even amid higher inflation, Armenian citizens` living standards are, on average, higher than a couple of years ago, RA Minister of Economy Vahan  Kerobyan told reporters on Thursday.  

ArmInfo.

ArmInfo.INECOBANK has resumed issuing its bonds after a two-year break - this is a tranche of 2 billion drams. This is indicated in the prospectus of this issue  posted on the website of the Central Bank of the Republic of Armenia,  according to which the initial placement started on December 16, 2021  and is scheduled for completion on March 16, 2022.

ArmInfo.From January 1, 2022, the minimum pension and benefits in Armenia will increase by 2,100 drams (about $ 4). The corresponding decision was approved on  December 16 at a government meeting, the Ministry of Labor of Armenia  reported on its Facebook page. 

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ArmInfo.As part of his working visit to Brussels, Armenia`s Vice-Premier Mher Grigoryan discussed the primary fields of long-standing Armenia-EU cooperation  with European partners.  

ArmInfo.This morning, news about the cancellation of the Yerevan-Moscow-Yerevan flights of Fly One, which were scheduled for December 15-16, was spread on the  network. Passengers were sent in the their required destinations via  flights of other companies.  Moscow's refusal to accept Fly One  aircraft was indicated as a possible reason.

ArmInfo. This January-October, Armenia`s national debt increased by $1.191bln (AMD 4,450bln) and reached $9.159.3bln. By 2025, Armenia will have to spend a up to $1.4bln to cover and serve the government debt (the debt of the Central Bank of  Armenia [CBA] not included). 

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