ArmInfo. The risks of an outflow of funds against the background of the crisis, associated with the uncertainty of the timing of overcoming the coronavirus pandemic, and domestic and foreign policy shocks, predetermined the steps of the  Central Bank of Armenia to take early proactive measures to  neutralize short-term and long-term shocks of liquidity of the  financial system.  As part of these measures, the Central Bank of  Armenia is introducing new prudential liquidity ratios recommended by  Basel III - short-term (LCR - Liquidity Coverage Ratio) and long-term  (NSFR - Net Stable Funding Ratio). Corresponding additions have  already been made to Regulation 2 of the Central Bank of the Republic  of Armenia "On regulation of banking activities and applied economic  standards". 

ArmInfo.Converse Bank, together with its partners, is launching a traditional campaign on the eve of the International Children's Day.

ArmInfo.On June 1st, a Memorandum of Understanding establishing relations between the California Governor's Office of Business and Economic Development  "GO-Biz" and Impact Hub Yerevan will be signed and go into effect. 

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ArmInfo.Armenia is revising the deadline for completing the construction of the Vedi reservoir. On May 27, the Armenian government approved a proposal to amend the loan  agreement with the French Development Agency (AFD) on the timing of  construction work and the use of loan funds.

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ArmInfo. The Central Bank of Armenia forecasts a slow recovery in aggregate demand and economic activity in 2021, governor of the Central Bank of Armenia (CBA) Martin Galstyan stated, speaking in the Armenian parliament.

ArmInfo.In the regions of Armenia, in April 2021, 3,088 real estate purchase and sale transactions were carried out (or 68.2% of the total number of such transactions in the  republic).

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ArmInfo.Ardshinbank has become a partner of Olympicos, a new Armenian animated movie. The movie has been created jointly by Sahakyants Animation Studio and Sharm Holding.

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ArmInfo.On May 26, the Armenian parliament adopted a bill on amending the law "On State Duty", which proposes to establish a customs duty on the import of cement from  Iran and other countries to Armenia in the amount of 14 thousand  drams per ton, and 2 thousand drams per ton of clinker.

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ArmInfo.Armenia is ready to introduce a trade-in system. On May 26, the RA Parliament adopted in the second and final reading the package of laws "On Amendments to the RA Tax Code", "On Amendments to the RA Law" and ''On State Duty  "initiated by the government.

ArmInfo.The Armenian-Iranian business forum was held in the capital of the Islamic Republic of Iran in Tehran with the assistance of the Embassy of the Republic of  Armenia.  As reported by the press service of the State Revenue  Committee (SRC) of Armenia, the event was organized at the Iranian  Chamber of Commerce and Industry within the framework of the working  visit of the Chairman of the State Revenue Committee Eduard  Hovhannisyan to Iran.

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ArmInfo.In the real estate market of Armenia, in April 2021, transactions for the purchase and sale of apartments in the capital decreased by 7.1% with a weak 0.5% rise in  prices. And on a y-o-y basis (compared to April 2020) a 4.7-fold  increase in the number of transactions was accompanied by a 6.2% drop  in apartment prices. This is evidenced by the data of the State  Committee of the Real Estate Cadastre.

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ArmInfo.A Memorandum of Understanding was signed between the Ministry of Economy of Armenia and the Ministry of Roads and Urban Development of the Islamic  Republic of Iran on May 24. The document, according to the press  service of the RA Ministry of Economy, in particular, provides for  the creation of a joint working group headed by the Deputy Minister  of Economy, which will study the problems hindering trade and  economic relations and make proposals for their elimination.