ArmInfo. The Central Bank of Armenia (CBA) has revised its GDP forecast for 2022 from 5.3% down to 1.6% (against the actually recorded 5.7% GDP growth last year), with the exports and imports expected to decline by 1.8% and 0.1%  respectively, and inflation to reach 6.6%. 

ArmInfo. According to the latest data of the Budget Office of the National Assembly of Armenia, as of March 20, tax revenues and the state duty of the state budget of the  Republic of Armenia amounted to 322.1 billion drams, or 81.5% of the  planned indicator for Q12022 in the amount of 394.5 billion drams.

ArmInfo.I believe that active work will be carried out in the EAEU to create general settlement tools similar to the SDR (Special Drawing Right of the IMF). This  opinion was voiced by Alexander Ageev, Doctor of Economics, Head of  the Eurasian Information and Analytical Consortium, Director of the  Institute of Economic Strategies of the Russian Academy of Sciences,  during the "The role and place of Russia and the EAEU in modern  conditions" video bridge.

ArmInfo. It is highly likely that the sanctions of the United States and the collective West will also affect the countries of the EAEU. Alexander Ageev, Doctor of  Economics, Head of the Eurasian Information and Analytical  Consortium, Director of the Institute of Economic Strategies of the  Russian Academy of Sciences, expressed a similar opinion, during the  video bridge: "The Role and Place of Russia and the EAEU in Modern  Conditions".

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ArmInfo. Iranian Minister of Petroleum Javad Owji received the Advisor to the Prime Minister of Armenia for a meeting in Tehran on Monday to discuss cooperation in the field of energy, the Mehr News Agency reports.

ArmInfo.Chairman of the Public Services Regulatory Commission (PSRC) of Armenia Garegin Baghramyan believes that the issue of the expediency of paying for Russian gas in rubles requires a detailed discussion with the involvement of all  interested bodies. He stated this in a conversation with journalists  on March 28, referring to the question whether he considers it  expedient to pay for Russian gas in rubles.

ArmInfo. From 2002 to the present day, Turkish citizens have purchased 72 properties in Armenia. Head of the RA Cadastre Committee Suren Tovmasyan said this on March 28 in an interview with journalists.

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.