ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo. Symbiotics arranges a Sustainability Bond in Armenia with AraratBank for USD 14.5 million․ Symbiotics, the leading market access platform for impact investing, has arranged a USD 14.5 million Sustainability Bond for AraratBank.

ArmInfo.The UAE company "Masdar" will build a 200 MW solar  power plant in Armenia. The project cost will amount to USD 175  million. Yesterday, Acting Deputy Prime Minister of the Republic of  Armenia Tigran Avinyan received representatives of the Masdar  company, represented by the bid head of the company Mohammed Al  Shehhi, whom he congratulated on the fact that the company was  recognized as the winner of the project competition for the  construction of a photovoltaic industrial station "AYG-1" near Talin  town.

ArmInfo. Integration programs like financing the renewal of the rolling stock of the South Caucasus Railway are a priority for the Eurasian Development Bank (EDB). EDB Director for the Republic of Armenia Armen Melkikyan stated this in an interview with ArmInfo correspondent.

ArmInfo.The customer base of banks in Armenia totaled 3,162,200 individuals and 106,395 legal entities by April 2021.

ArmInfo. Chairman of the Board of Directors of Telecom Armenia (TM Beeline) and President of UATE (Union of Advanced Technologies Enterprises)  Alexandr  Yesayan took part in the Reinvent by Renderforest 2021 digital conference as the  keynote speaker.

ArmInfo. In Armenia's foreign trade turnover, the leadership is held by Russia with a volume of $ 656.9 million in January-April 2021, with an acceleration of y-o-y growth  from 2% to 2.4%. Russia retains leadership not only in this  indicator, but also in exports and imports - $ 220.9 million and $  436 million, respectively, with the change of the y-o-y export  dynamics from 11.3% decline to 20.9% growth with a change of the  import trend from 8.1% growth for 4.9% decline. This is evidenced by  the final data of the RA Statistical Committee.

ArmInfo. Revenue in the telecommunications sector of Armenia in January-April 2021 amounted to 45.2 billion drams ($ 86.2 million), having increased in annual  terms by 0.2% (against 2.8% decline a year earlier).

ArmInfo. Passenger traffic in Armenia in January-April 2021 slowed down the y-o-y decline from 38.3% to 17.4%, amounting to 31,596.2 thousand people. This is  evidenced by the data of the RA Statistical Committee.

ArmInfo.The metallurgical industry of Armenia increased production volumes in January-April 2021 by 26.9% per annum (against a 28% decline a year earlier). This  is evidenced by the data of the RA Statistical Committee.

ArmInfo. In January-April 2021, the industrial sector of Armenia showed insignificant growth due to the continuing decline in the manufacturing industry since the  outbreak of the pandemic. According to the data of the Statistical  Committee, during the reporting period, the industrial sector of  Armenia increased its volumes by 0.9% (against 4.2% growth in the  previous year), providing the volume of 650.8 billion drams (over $  1.2 billion). In April alone, the industrial sector showed an  increase of 2.1% - up to 180.4 billion drams ($ 343.2 million).

ArmInfo. Armenia's foreign trade turnover with the EU countries in January-April 2021 reached 12.4% growth (from a 13.4% decline a year earlier), exceeding $ 449.6  million.

ArmInfo.Armenia's foreign trade turnover with the EAEU countries in January-April 2021 compared to the same period of 2020 increased by 1.6% (against 2.4% growth a year  earlier), amounting to $ 678.2 million, as evidenced by the final  data of the RA Statistical Committee.

ArmInfo.Armenia's foreign trade turnover amounted to $ 2.2 billion in January-April 2021, with an improvement in y-o-y dynamics to 7.2% growth (from a 10.4% decline a  year earlier).

ArmInfo.By 2025, Armenia intends to form a national innovation system. This was announced during a strategic conference held in Dilijan, initiated by the National  Center for Innovation and Entrepreneurship (NCIE) and the Ministry of  Economy of Armenia.

ArmInfo.The actual revenues of Yerevan in 2020 amounted to 73 billion 364 drams or 84.6% of the adjusted program of 84 billion 941 million drams. This is stated in  the annual report "On the execution of the state budget of the  Republic of Armenia for 2020".

ArmInfo.Armenia's public debt accelerated growth in January-April 2021 to 10.4% (from 1.4% growth a year earlier), reaching $ 8.8 billion. According to preliminary data  of the RA Ministry of Finance, published by the RA Statistical  Committee, Armenia's external debt increased by 9.8%, exceeding $ 6.7  billion, and domestic debt - by 6.8%, exceeding $ 2 billion, while a  year earlier the decline in external debt by 1.7% was accompanied by  an increase in domestic debt by 13.3%.

ArmInfo. In 2020, subsidies from the state budget to the regional administrations of Armenia amounted to 55.379 billion drams (about 115 million U.S. dollars), acting  Minister of Finance of Armenia Atom Janjughazyan stated on June 7  during the preliminary discussion of the annual report "On the  execution of the state budget of the Republic of Armenia for 2020".