ArmInfo.Water users will be reimbursed for rent for irrigation water for a period of 5 years if drip irrigation systems are introduced on an area of up to 3  hectares. The corresponding decision was made at a government meeting  on October 14.

ArmInfo. For the first time, the "Big Three" international rating agencies Moody's Investors Service, Standard & Poor's and Fitch Ratings simultaneously published a report on Armenia. RA Minister of Finance Tigran Khachatryan stated this at  a government session on October 14.

ArmInfo. S&P Global Ratings improved the outlook on Ameriabank, revising it to positive from stable and affirmed 'B+/B' long- and short-term issuer credit rating  on the bank., the press service of the Bank told ArmInfo. 

ArmInfo. S&P Global Ratings has improved its forecast for 2021 for real GDP growth in Armenia to 6.3% (from the previously forecasted 2.5%). And for 2022-2023, S&P  forecasts for GDP growth in Armenia look a little more restrained -  by an average of 4.3% than the previously expected 4.5%.  This is  stated in the message of Ameriabank regarding the confirmation of the  credit rating of the bank at the level of <B + / B> and the  improvement of the forecast from "stable" to "positive".

ArmInfo.In terms of scale, the most correct for Armenia could be a 600 MW reactor, the design of which is available in the research institutes of Rosatom. Energy  expert, editor-in-chief of Geoenergy.info magazine Boris  Martsinkevich stated this during the online bridge  Moscow-Minsk-Yerevan-Nursultan.

ArmInfo. For the formation of gas prices to be market-based, it is reasonable to use exchange platforms. A similar opinion was expressed on October 13 by energy  expert, editor of Geoenergetika.info magazine Boris Martsinkevich  during the video online bridge Moscow-Minsk-  Yerevan-Bishkek-Nursultan. In this regard, he recalled the intention  of the Eurasian Economic Commission (EEC) to organize similar 3 sites  in the Eurasian space (2 in Russia and 1 in Kazakhstan).

ArmInfo.

ArmInfo. Minister of Territorial Administration and Infrastructure of the Republic of Armenia Gnel Sanosyan, within the framework of his visit to Syunik region, visited the Agarak Copper- Molybdenum Combine (ACMC). According to the press service of  the department, the Minister got acquainted with the implementation  of the investment program, discussed with the company's management  the new body of the enterprise and production volumes.

ArmInfo. Deputy Prime Minister of Armenia Mher Grigoryan held a video call with the Director of the International Monetary Fund's Middle East and Central Asia Department  Jihad Azour  within the framework of the annual meetings of the  International Monetary Fund (IMF) and the World Bank (WB). Governor  of the Central Bank of Armenia Martin Galstyan and Minister of  Finance Tigran Khachatryan also took part in the video meeting from  the Armenian side.

ArmInfo.On October 12, 2021, S&P Global Ratings assigned its 'B+' long- term foreign- and local-currency sovereign credit ratings to Armenia. At the same time,  it assigned its 'B' short- term foreign- and local currency ratings.  The outlook is positive.

ArmInfo.Global Finance names Ameriabank as the Safest Bank in Armenia for 2021 in its 30th annual ranking of the World’s Safest Banks, which honors institutions that stand out for strength and resilience.

ArmInfo. According to the results of 8 months, the revenue of the Armenian trade sector reached 7.1% growth (from 11.5% decline a year earlier), reaching 2.1  trillion drams (over $ 4 billion).

ArmInfo.

ArmInfo.The expenditures of the defense sector of Armenia next year will increase by about 11%, or by 33 billion drams, amounting to more than 345.4 billion drams.   Meanwhile, 518.2 billion drams (about $ 1.050 billion) will be  allocated to service and repay the government debt, of which 214.6  billion drams (about $ 434.7 million) will be allocated for interest  payments.  

ArmInfo. Armenia and Poland intend to explore the possibilities of cooperation between the startups of the two countries. To this end, on October 15, the  Embassy of the Republic of Poland in the Republic of Armenia will  organize a hybrid conference.

ArmInfo.AraratBank has been named the Best Sub-Custodian Bank in Armenia by the professional team of Global Finance renowned magazine.

ArmInfo.A delegation of the Armenian government will take part in the Russian Energy Week international forum.

ArmInfo.From 9 to 13 October Armenia is participating in the largest international trade fair for food and beverages in Europe - Anuga 2021. It is being  staged on-site in Cologne, Germany. Eight Armenian companies in the  production of herbs and herbal teas, dried fruits and canned food are  displaying their goods at the trade show in a joint booth. 

ArmInfo. Minister of Finance of Armenia Tigran Khachatryan received Ambassador Extraordinary and Plenipotentiary of Sweden to the Republic of Armenia Patrik Svensson.

ArmInfo. Minister of Territorial Administration and Infrastructure of the Republic of Armenia Gnel Sanosyan received yesterday the Ambassador Extraordinary and  Plenipotentiary of India to the Republic of Armenia Kishan Dan Dewal.