ArmInfo.

ArmInfo. The volume of industrial production in Armenia in January-August 2021 amounted to 1.4 trillion drams ($ 2.7 billion), having increased on a y-o-y terms  by 1% alone, repeating the dynamics of the same period in 2020  (0.9%), while significantly yielding to the pre-COVID 9.5% growth. 

ArmInfo.In Armenia, economic activity in January-August 2021 increased by 4.9% per annum, accompanied by an 6.4% decline a year ago, but so far yielding to the  pre- COVID 7% growth (in January-August 2019). In August of this year  by August 2020, economic activity also exited last year's 9.8%  decline to the current 2.3% growth, which is very different from the  pre-COVID 7.6% growth (from August 2019 to August 2018). At the same  time, in August 2021 alone, the growth of economic activity slowed  down to 2.1% from July 7.5%, which was also observed in August 2020 -  up to 7.4% from July 9.7% (against the pre-COVID 7.2% growth in  August 2019).

ArmInfo.The delegation of the Armenian Ministry of Economy will discuss the possibilities of expanding interaction with the leader of the world's diamond mining  industry, the Russian mining company with state participation, ALROSA  PJSC  in Moscow.  

ArmInfo. The Tatu road in Armenia, which is seen as an alternative route for Iranian transit trucks and connects Iran with Russia and Europe, should be completed  with Iran's participation.

ArmInfo.

ArmInfo.

ArmInfo.The expenditures of the state budget of Armenia in 2022, compared to the approved state budget for 2021, in relation to GDP will increase by 1 percentage  point - up to 4.4%, or by about 338 billion drams. Current  expenditures will grow by almost 207 billion drams and will amount to  23.4% of GDP.

ArmInfo. The joint project of the Fund for Armenian Relief (FAR) and HSBC Bank Armenia cjsc (HSBC Armenia) named "Boosting Responsible Financial Behaviour and Kick Start Business Activism among Rural Population" presented its results on 1 October. The concluding event took place in the Tavush regional administration. Representatives of the project and beneficiaries of the 4  rural communities of the Tavush region participated during the event.

ArmInfo.

ArmInfo.

ArmInfo.On October 2, AraratBank celebrated its 30th anniversary and the 1st anniversary of its rebranding, opting for a team-building format.

ArmInfo.

ArmInfo. Prime Minister of Armenia Nikol Pashinyan received member of the Board of Directors of GeoProMining LLC Roman Trotsenko, the press service of the RA PM reports.

ArmInfo.In January - August 2021, industrial production in the Eurasian Economic Union (EAEU) amounted to $ 853.9 billion, up 4.5% compared to the same period in  2020.  This was reported by the Eurasian Economic Commission (EEC),  referring to the data of the express review of the EEC Department of  Statistics.

ArmInfo.The grand opening of the Armenian pavilion at the EXPO- 2020 world exhibition took place in the capital of the United Arab Emirates.  The event, which  will last for six months, is attended by about 190 countries, which  will present their vision of the future, discuss environmental issues  and global cooperation under the main theme "Connecting Minds,  Creating the Future". The organizers expect that about 25 million  visits will be registered during the six months of the exhibition. 

ArmInfo. The Chamber of Commerce and Industry of Armenia jointly with the Chamber of Commerce of the Czech Republic and the Embassy of the Czech Republic in the RA organized an Armenian-Czech business forum on October 1 in Yerevan.

ArmInfo. In the new forecast report of the Central Bank of Armenia for 2021, the unemployment rate was reduced to 15.7% from the previous 17.9% (against the actual  18.1% in 2020).  

ArmInfo."Industrial Company" and the Government of Armenia (GOA) are happy to announce that the Company has granted the Republic of Armenia and the GOA has accepted a 25% share of the Company.

ArmInfo.