ArmInfo. Despite the fact that annual inflation in Armenia reached 8.8% in August 2021, and the growth continues, the Central Bank expects inflation to return to the  target value of 4%. This was stated by the Deputy Chairman of the  Central Bank of the Republic of Armenia Nerses Yeritsyan on September  27 at a meeting of the Standing Committee on Financial-Credit and  Budgetary Issues on the Execution of the State Budget for the first  half of 2021.

ArmInfo.In Armenia, economic activity in January-August 2021 increased by 4.9% per annum (against a 6.4% decline a year earlier), accompanied by an accelerated growth  in exports and imports. In August of this year by August 2020,  economic activity increased by 2.3% (against a decline of 9.8% a year  earlier), while in August 2021 alone it slowed down to 2.1% from 7.5%  in July, which was also observed in August 2020 - up to 7.4% from  9.7% in July.

ArmInfo.

ArmInfo.

ArmInfo. Fitch Ratings has affirmed Armenia's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B+' with a Stable Outlook. This is stated in the Fitch  report, which provides revised forecast for Armenia's GDP growth for  2021 towards growth. 

ArmInfo.Head of Iran-Armenia Joint Chamber of  Commerce Hervik Yarijanian told ILNA that the volume of exports from  Iran to Armenia increased significantly, but Armenian authorities  have increased the costs of export to the country, which can have  negative impact on the trade, Iranian Agency IRNA informs,

ArmInfo. The growth of vehicles with CMTPL (compulsory motor third party liability policy) resumed in Armenia. And as evidenced by the data of the Bureau of  Motor Insurers of Armenia, their number increased in January-August  2021 by 1% per annum, with an exit from the 2.9% decline a year  earlier, but so far it is much inferior to the pre-covid upward rate  of 13% for the same period in 2019.

ArmInfo.On September 24, the RA government approved a program of measures to alienate state reserves of precious metals and precious stones of the "State  Treasury of Precious Metals and Stones" agency of the Ministry of  Finance of Armenia for 2022-2024. The project was approved without a  report or discussion.

ArmInfo.

ArmInfo. In H1 2021, Armenia slightly reduced imports of natural gas - by 0.2% to  1,327,661 cubic meters. The customs value of imported natural gas  decreased equally (by 0.2%), amounting to $ 219.1 million.

ArmInfo.

ArmInfo.Chairman of the Central Bank of Armenia Martin Galstyan took part in the 22nd meeting of the Advisory Board on Monetary Policy of Central (National) Banks  of Member States of the Eurasian Economic Union , which was held on  September 23 in Bishkek (Kyrgyzstan). On September 24, ArmInfo was  informed about this by the press service of the RA Central Bank.

ArmInfo. Armenia has launched a program for the construction of a section of the Sisisan-Kajaran road in the Syunik region of the republic. On September 24, the  Armenian government approved this investment program within the  framework of the Investment Program of the North-South Transport  Corridor: Tranche-4 and the specifics of organizing the  prequalification procedure.

ArmInfo.The delegation led by Deputy Prime Minister of Armenia will discuss the agreement and the formation of a common gas market in the EAEU in Moscow.

ArmInfo.The "Rosatom" State Corporation and the government of Armenia are developing a memorandum on the construction of a new nuclear power plant in the country. Project manager of the "Rusatom Service" JSC Yuri Sviridenko announced at a  recent round table on energy.

ArmInfo.As a partner of Build Armenia, Converse Bank within the framework of the expo-exhibition, will present mortgage lending products with partner construction companies, as well as come up with interesting offers for the exhibition customers.

ArmInfo. The expansion of external demand has  supported the economy, consumer demand is recovering. The Central  Bank of Armenia raised its key rate amid accelerating inflation.

ArmInfo.The investment program for launching the Yerevan-Tbilisi high-speed train is  estimated at $ 400 million, Minister of Economy of Armenia Vahan  Kerobyan said on the air of Public TV.

ArmInfo. Armenia is exploring in detail the possibilities of launching a regular ferry  service. Armenian Minister of Economy Vahan Kerobyan stated this in  an interview to Public Television.

ArmInfo. Today we are improperly applying the "cradle of winemaking" brand to the Areni community. Minister of Economy of Armenia Vahan Kerobyan expressed  this opinion in an interview to Public Television.