ArmInfo. In 2020, about 500 km  of au roads will be repaired in Armenia. Of this amount, the  government at a meeting on May 14 approved a program for the  modernization of 185.3 km of roads.

ArmInfo. In Armenia, families  with children will receive state assistance in acquiring mortgage  apartments. At a meeting on May 14, the government of the country  approved the corresponding program for 2020-2023.

ArmInfo.

ArmInfo.

ArmInfo.The final report of the European Aviation Safety Agency (EASA) on the aviation sector of Armenia will be presented in late May. This was announced after a  meeting of the European Security Group with the participation of  representatives of the Civil Aviation Committee of the Republic of  Armenia (CAC), as well as a number of airlines, which took place on  May 12 online and lasted 6 hours.

ArmInfo. The Prime Minister of the Republic of Armenia Nikol Pashinyan was presented with specific projects of investment programs in the field of engineering and the service sector, as a result of which several hundred jobs will be  created.

ArmInfo.Ameriabank placed AMD 5 billion dram bonds ahead of schedule and immediately prepared the next AMD tranche in the same amount for placement.

ArmInfo. The inflow of private transfers of individuals to Armenia turned the annual dynamics in the first quarter of 2020 towards a 9.7% decline from the 9.3% growth in  the first quarter of 2019, amounting to $ 353.6 million in absolute  terms.

ArmInfo.Beeline announces the launch of its 4G + mobile network. It will provide a significant increase in Internet speed for subscribers in Yerevan, 17 cities and  10 large settlements of Armenia.

ArmInfo.  The Armenian economy loses  about $ 40 million a day, and only 80 billion drams ($ 170 million)  was poured into the country's economy. MP from the Prosperous Armenia  Partry (PAP), economist Mikayel Melkumyan, stated this during  briefings. The MP noted that it will be extremely difficult to  restore this difference. Melkumyan did not explain, meanwhile, where  did he get such an assessment.

ArmInfo.

ArmInfo. In the first quarter of  2020, the Armenian trade sector slowed down y-o-y growth from 10.1%  (for the same period of 2019) to 0.2% this year, amounting to 657.5  billion AMD ($ 1.4 billion). The dynamics was due to the wholesale  turn from growth to decline and a slowdown in retail trade. This is  evidenced by the data of the RA Statistical Committee.

ArmInfo."HSBC Bank Armenia" CJSC (HSBC Armenia) will donate 150 sets of computer workstations to students in socially vulnerable communities in Armenia to support their remote learning needs amidst COVID-19 and beyond. The workstations will be given to HSBC Armenia's charity partner Jinishian Memorial Foundation, which will help identify and select the final beneficiaries and distribute the workstations to them.

ArmInfo. After a long term break, regular cargo transportation will be carried out at  "Zvartnots" International Airport, the Airport's press service stated on Facebook.

ArmInfo. On May 12, Minister of Territorial Administration and Infrastructures of Armenia Suren Papikyan had a telephone conversation with Chinese Ambassador to RA  Tian Erlun.

ArmInfo.Precious metals in Armenia continue to get cheaper, while gold prices managed to break the bullish trend. So, this week, prices for precious metals have  accelerated the pace of the weekly decline from 0.7% to 1.5%. 

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ArmInfo.Ardshinbank has received the Best Bank in Armenia 2020 award from Global Finance magazine. This prestigious award affirms the Bank's outstanding digital channels, innovative business approach and strong financial performance.

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ArmInfo. The Council of the Central Bank of Armenia decided to reduce the capital adequacy ratio of banks (N1 / 1 - the minimum ratio of fixed capital to risk-weighted assets - Ed.) By one percentage point - to 9%. The current standard for  total capital adequacy (N1 / 2 - the ratio of total capital to  risk-weighted assets) is maintained at the level of at least 12%.