ArmInfo.By the initial program of the state budget it was supposed to allocate 18 billion drams to the agricultural sector in 2020, however, following the adjustments, the  funds were reduced by 15% - to 15.2 billion drams, the acting  Minister of Finance of Armenia Atom Janjughazyan said 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". 

ArmInfo. Aluminum foil production in January-April 2021 decreased by 3.7% per annum (against 12.5% growth a year earlier), amounting to 11.686 thousand tons.   This is evidenced by the data of the RA Statistical Committee.

ArmInfo. Electricity generation in Armenia in January-April 2021 amounted to 2,753 million kWh, with a slowdown in annual growth from 10.3% to 3.1%. And just within a  month, the dynamics turned from the March 16% growth to the April 13%  decline - to 640.1 million kWh.  This is evidenced by the data of the  RA Statistical Committee.

ArmInfo.In the textile industry of Armenia, the volume of production in January-April 2021 increased 3.2-fold against the same period of 2020 (against a 31.4% decline a  year earlier), amounting to 530.8 million drams. This is evidenced by  the data of the RA Statistical Committee.

ArmInfo. In Armenia, economic activity in January-April 2021 increased by 2.6% per annum (against a 1.7% decline a year earlier), against the backdrop of an increase in   exports and imports by 16.7% and 2.2%, respectively. According to the  preliminary data of the Statistical Committee of the Republic of   Armenia, in the sectoral breakdown, growth was demonstrated by all   sectors, except for the service sector, and data on the agricultural   sector are published in the statistical report only on a quarterly   basis.

ArmInfo.From June 5 to September 1, 2021, there is a ban on the export of buckwheat, buckwheat groats and grain from Russia. This, as reported by "Parlamentskaya Gazeta"  (Parliamentary Gazette), is stated in the decree of the government of  the Russian Federation, which comes into force on June 5.

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ArmInfo. At the end of June  this year, Agarak Copper- Molybdenum Combine CJSC will switch to a  completely closed cycle of water consumption ahead of schedule,  practically eliminating negative impact on the environment.

ArmInfo.  In 2020, donor assistance to the Corruption Prevention Commission of the RA from the U.S., the CoE and the UN exceeded the allocations from the state budget of the Republic, Commission Chairwoman Haykuhi Harutyunyan said on June  4 during the preliminary discussion of the annual report "On the  execution of the state budget of the Republic of Armenia for 2020".

ArmInfo.Mr. Francis Malige, Managing Director, Financial Institutions for the EBRD, speaks on how challenging the 2020 was for EBRD, the global economy recovery after the crisis, likelihood of new projects and opportunities, current state of the banking system in Armenia and fruitful cooperation with Ameriabank.

ArmInfo. In 2020, the National Assembly of Armenia spent about 1 billion drams less on salaries and bonuses than in 2019, head of the legislative body Arnak Avetisyan  said on June 4 during a preliminary discussion of the annual report  "On the execution of the state budget of the Republic of Armenia for  2020. ".

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ArmInfo.In the consumer market of Armenia in January-May 2021, inflation was recorded at 4.7%, against 2.5% inflation in the same period of 2020. According to the  Statistical Committee of the Republic of Armenia, this was provoked  by an increase in the prices of food products (including alcohol and  cigarettes) by 7.8% (against 5.6% a year earlier), non-food products  by 5% (against a decrease in prices by 0.5% a year earlier) and  tariffs for services - by 0.9% (against 0.4% a year earlier).

ArmInfo. In 2020, the office of the Prime Minister of Armenia spent 18.5 billion drams (about $ 38 million) or 71.2% of about 26 billion drams envisaged by the adjusted  program to finance 10 programs and 57 events, the acting Head of the  RA Ministry of Finance Atom Janjughazyan said on June 4 in the  parliament during the preliminary discussion of the annual report "On  the execution of the state budget of the Republic of Armenia for  2020".

ArmInfo.The Caucasian Power Transmission Network Program,  which provides for the construction of a power transmission line and  an Armenia-Georgia substation for the organization of parallel  synchronous operation of the energy systems of the two countries,  will start working after 2025 in the best case scenario.

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ArmInfo. The new forecast report of the Central Bank of the Republic of Armenia for 2021 is supplemented with an apocalyptic scenario, but the recorded development indicates  that the economy has begun to breathe.

ArmInfo.The Armenian and Russian sides will soon start discussing the issue of the extension of service life of the Armenian nuclear power plant until 2031. Deputy Minister of Territorial Administration of the Republic of Armenia Hakob Vardanyan  announced this in the parliament. The 

ArmInfo. The Iranian side is very interested in launching a free economic zone in Meghri. The issue has become especially urgent after the war in Artsakh, said Deputy  Minister of Economy of Armenia Varos Simonyan on June 3 in  parliament, responding to the question of MP from the Prosperous  Armenia faction Mikayel Melkumyan, how justified it is at present to  hold discussions with the Iranian side regarding the use of the  Meghri FEZ.