ArmInfo.At an extraordinary meeting on June 24, the Armenian parliament ratified the agreement of the Republic of Armenia with the International Monetary Fund (IMF) on raising a loan of $ 280 million to fight COVID-19.

ArmInfo.Yeremyan Projects in Jermuk has opened a new breeding cattle farm, as a result of which high-quality dairy and meat products of the Yeremyan Products brand will appear on the Armenian market. According to the CEO of the  company, David Eremyan, in total, the implementation of the program  required investments in the amount of $ 7-8 million, of which $ 600  thousand accounted for state subsidies.

ArmInfo. The German Development Bank KfW, with the co- financing of the Armenian government, has blunted the implementation of the program for the  construction of the Cape reservoir and a gravity irrigation system,  the total budget of which amounted to 60 million euros.

ArmInfo

ArmInfo.

ArmInfo. The processes around Gagik Tsarukyan are part of the struggle of Nikol Pashinyan's government with the oligarchy rooted in our country over the years.  This is one of the next stages in the overall recovery of the  economy, former Chairman of the Central Bank of Armenia, economist  Bagrat Asatryan expressed a similar opinion to ArmInfo.

ArmInfo.All financial risks in Armenia are manageable.  Deputy Minister of Finance of Armenia Armen Hayrapetyan stated this on June 24 from the rostrum of the National Assembly of the Republic of Armenia submitting an agreement with the International Monetary Fund for ratification.

ArmInfo.. The Armenian economy is on upward trajectory, Prime Minister Nikol Pashinyan said during a live broadcast from his Facebook page on June 23, referring to the final income tax reports for May of this year, submitted to the State Revenue Committee.

ArmInfo.The twentieth meeting of the Armenian-Russian intergovernmental commission on economic cooperation will be held in Armenia in the second half of 2020. A similar agreement was reached following a video meeting of the  co-chairmen of the Armenian- Russian intergovernmental commission for  economic cooperation - deputy prime ministers of the Republic of  Armenia and the Russian Federation - Mher Grigoryan and Alexey  Overchuk.

ArmInfo.

ArmInfo.The representatives of Converse Bank transferred to the graduates of Eurnekian Secondary School of the Mother See of Holy Etchmiadzin the scholarships accumulated during their studies. On an annual basis Scholarships are awarded to schoolchildren by Eduardo Eurnekian and the companies under his management in Armenia, including the Bank. Students receive the accumulated funds with Converse Bank payment cards upon their graduation from school.

ArmInfo.

ArmInfo.From 15 to 19 June over 50 SMEs from Armenia participated in United Fresh LIVE! international food trade fair․ Their participation was made possible within the frames of the Eastern Partnership: Ready to Trade - an EU4Business initiative, which is implemented by the International Trade Centre with the support of the European Union.

ArmInfo.

ArmInfo. The French Development Agency (AFD) and the Armenian government allocated $ 90 million for the construction of the Vedi reservoir and irrigation systems. AFD has allocated 75 million euros for this purpose, and the government -  15 million euros.

ArmInfo.

ArmInfo.

ArmInfo. In Armenia, sales of TPL electronic policies are growing rapidly, the share of which in the total number of TPL agreements by June 2020 increased to 13% from 4% a year earlier. According to the data of the Auto Insurers Bureau of  Armenia, according to the results of January-May 2020, the number of  TPL-agreements concluded in the online mode reached 45504, having  increased 3 times in annual terms.

ArmInfo.

ArmInfo. TRANSGAS" Co.Ltd.,  which is part of Gazprom Armenia CJSC, will transport gas at a tariff  of 7790.88 drams per 1,000 cubic meters. The decision was made at a  meeting of the Public Service Regulation Commission (PSRC) on June  19.