ArmInfo.  On August 5, Armenian  Prime Minister Nikol Pashinyan received representatives of companies  working in the textile sector.

ArmInfo. Negative migration  balance in Armenia at the end of the H1 of 2020 amounted to 1444  people, which is less than a year ago by 46.6%, and in the two-year  context, a decrease of 44.7% was recorded. This is evidenced by the  data of the RA Statistical Committee. 

ArmInfo.The pandemic has become a reason of rearrangement of work, responsibilities and resources in different organizations. Sona Manucharyan, the head of HR department of IDBank speaks about arrangement of work in the new reality.

ArmInfo. The population of Armenia as of July 1, 2020 amounted to 2.963 million people, having slightly increased on an annualized basis by 0.05% or 1.4 thousand  people.  This is evidenced by the data of the RA Statistical Committee.

ArmInfo.Deflation of 1.1% was recorded in the consumer market of Armenia in January-July 2020, against 1.8% deflation in the same period of 2019. According to the RA Statistical Committee, this was provoked by a decrease in prices  for food products (including alcohol and cigarettes) by 2.7% and  non-food products by 1.2%, while tariffs for services increased by  0.9%.

ArmInfo. In the first half of 2020 "Armenal" plant provided the highest indicator for the entire period of foil-rolling production in Armenia. Thus, according to the  Statistical Committee of the Republic of Armenia, during the  reporting period, the production of aluminum foil increased by 13.7%  in y-o-y terms (against 5.8% decline in the previous year), amounting  to 17 443 tons.

ArmInfo.It is very important for the Armenian economy to develop the adaptive capacities of the business sector in the new situation. Arsen Melkonyan, Deputy CEO at ACBA-Credit Agricole Bank for Business Operations, expressed this  opinion.

ArmInfo. For the first half of 2020, Armenian insurers reimbursed 11.3 billion drams or $ 23.4 million in different classes (the figures are given from the reports  of IC portfolios according to the standards of the Central Bank of  Armenia). In y-o-y terms, insurance claims declined by 4.7%, against  an increase of 9.8% a year earlier. The same deterioration in the  y-o-y dynamics was demonstrated by insurance premiums - from an 18.7%  growth to a 7.7% decline, amounting to 24.3 billion drams or $ 50.3  million.

ArmInfo.

ArmInfo. In 2020, in terms of revenues, the state budget of the Republic of Artsakh will make 126.5 billion drams, and in terms of expenditures - 134.6 billion drams. The state budget deficit will amount to 8.6 billion drams. This was  announced during the first meeting of the government of the Republic  of Artsakh, during which the draft law on amending the Law on State  Budget 2020 of Artsakh Republic> was discussed.

ArmInfo.

ArmInfo.

ArmInfo. 12 857 economic entities of Armenia received assistance in the framework of the 21st packages of anti-crisis measures of the government. As reported by the press service of the State Revenue Committee of Armenia, a total of 2.6 billion drams were provided to economic entities.

ArmInfo.

ArmInfo.

ArmInfo. The Armenian Consulate General in St.  Petersburg discussed the possibility of building its own trading system in the region. The meeting was held  on the initiative of the acting Consul General of Armenia in St.  Petersburg Vazgen Sargsyan.

ArmInfo. In 2020, 82 subvention programs will be implemented in Ararat region, against 59 a year earlier. This was reported by the press service of the  Armenian government on the official Facebook page.

ArmInfo.

ArmInfo. Motor Insurers' Bureau of Armenia announces an increase from August 1, of the maximum damage threshold under the Euro protocol to 200 thousand AMD from the previous 100 thousand AMD. As the Bureau explains, this new threshold applies to insured events in Yerevan, the agreed declaration for  which is filled out through the ASWA mobile application.

ArmInfo.Ameriabank in cooperation with Visa payment processing system has announced a special campaign aiming to promote tourizm in Armenia and surprise and delight its customers preferring noncash payments.