ArmInfo.Sevan may become a source of investment attraction.  Armenian Minister of Economy Vahan Kerobyan stated this.

ArmInfo.

ArmInfo.

ArmInfo.According to preliminary estimates, the purchase of new buses serving public  transport in the city of Yerevan will require 120-150 million euros.  On October 28, the Armenian government approved the proposal to sign  a grant agreement "Yerevan Bus Program" between the Republic of  Armenia, "Yerevan Bus" CJSC and the European Bank for Reconstruction  and Development.

ArmInfo.RUSAL (SEHK: 486, Moscow Exchange: RUAL), a leading global aluminium producer, has announced its operating results for 9 months of 2021.

ArmInfo.Since the announcement of the issue of shares by ACBA Bank (in September of this year) to this day, about 4000 individuals and legal entities have invested  over 4.5 billion drams, becoming shareholders. As noted in the  message of the Bank, this is the largest placement of shares held in  Armenia. A similar scale of placement is already ensured by further  listing of ACBA Bank shares on the liquid platform of the AMX/Armenia  Securities Exchange.

ArmInfo.

ArmInfo.On November 1-4, Deputy Minister of Economy of Armenia Arman Khojoyan, in charge of the agricultural sector, will visit the capital of Ukraine Kiev to  discuss mechanisms for controlling prices for basic-needs products  and conclude futures contracts.

ArmInfo.President of Armenia Armen Sarkissian, who is on a working visit to Saudi Arabia, attended the 5th Conference of the "Future Investment Initiative."

ArmInfo. A new offer for cardholders from Ameriabank CJSC (Ameriabank) and HSBC Bank Armenia CJSC (HSBC Armenia). From this time forward, the cardholders of Ameriabank and HSBC Bank Armenia can withdraw funds from the ATMs of both banks without any additional fees.

ArmInfo.Ambassador Extraordinary and Plenipotentiary of the Syrian Arab Republic to the Republic of Armenia Mohammad Ahmad Haj Ibrahim proposed to Minister  of Economy of Armenia Vahan Kerobyan to organize an exhibition with  the participation of Syrian business circle. The proposal was  announced during today's meeting.

ArmInfo. Armenia's Minister of Economy Vahan Kerobyan believes that during 6-7 non-working days on New Year holidays, people are obsessed by gluttony. "This is not a  Christian way," Kerobyan said on October 26 at the plenary session of  the National Assembly, including by this factor substantiating the  project, initiated by him, on reducing the New Year's holidays.

ArmInfo. Moscow is optimistic about the prospects for investments in the Armenian  economy, Russian Deputy Foreign Minister Andrey Rudenko said.

ArmInfo.A two-day meeting took place at SRC between a representative of the Revenue Agency of Italy, an OECD expert and SRC's working group in the context of Tax  Inspectors without Borders Program to discuss the programs  implemented in the sectors of transfer pricing and criminal  investigation.  

ArmInfo.In 2022, the Central Bank of Armenia intends to significantly increase capital  investments - up to 7.3 billion drams. Deputy Governor of the Central  Bank of Armenia Nerses Yeritsyan announced this during the hearing of  the draft budget for 2022.

ArmInfo.In 2018, A1 Group established a Business Center in Shengavit, joining under one roof companies operating in IT, marketing, accounting and other spheres.

ArmInfo. According to the Central Bank, the state budget program for 2022 is quite saturated, and in comparison with the medium-term government spending program,  it provides for strengthening capacity and accelerating economic  growth. Deputy Governor at Central Bank of Armenia  Nerses Yeritsyan  stated during the discussion of the draft budget for 2022 in the  Parliament of the Republic of Armenia,.

ArmInfo. In 2022, Armenia will more than double the size of the interstate loan provided to the Republic of Artsakh on favorable terms. This is stated in the draft  law "On the state budget of the RA for 2022", which today was  presented for discussion of the joint commissions of the parliament  of the republic.

ArmInfo. In 2022, Armenia's public debt will increase by 482 billion drams and reach 4 trillion 991 billion drams (63.4% of GDP), from 4 trillion 509 billion drams  or 64.1% of GDP expected by the end of 2021. Armenia's Minister of  Finance Tigran Khachatryan stated this in the parliament on October  25, presenting the draft budget for next year.

ArmInfo.In Armenia, economic activity in January-September 2021 showed an increase of 4.4% (against a decline of 6.6% a year earlier), while in the  pre-COVID period an increase of 7.1% was registered (in the same  period of 2019). This is evidenced by the preliminary data of the RA  Statistical Committee.