ArmInfo. “HSBC Bank Armenia” CJSC (HSBC Armenia) and the “Children of Armenia” Charitable Fund (COAF) summarized online the 2019-2021 scholarship program which aims to prepare a professional and competitive workforce in the labor market.

ArmInfo.Converse Bank is presented with the prestigious "Deal of the Year – Green Trade 2019" award by the European Bank for Reconstruction and Development (EBRD) under its Green Trade Facilitation Programme (Green TFP) for “encouraging best practices in industrial water efficiency in Armenia, with a water-savings impact equivalent to the annual water consumption of 220 Armenian households”.

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ArmInfo.Armenian insurance companies registered the first results of agricultural risks insurance - for 2021. According to the quarterly Financial Rating of Insurance  Companies of Armenia, prepared by the Financial Analysis Service of  ArmInfo IC, in 2020 the country's insurers participating in the  agricultural insurance program collected premiums totaling 130,946.0  thousand drams.  

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ArmInfo.As part of the 17th package of anti-crisis measures presented by the government in early September 2020, 64 of 330 companies working on the creation of  their own product will be awarded grants. A similar decision was made  on February 11 at a meeting of the Armenian government.

ArmInfo.In Armenia, responsibility for monitoring the accounting process and preparation of financial statements by public sector organizations will be  carried out by the RA Ministry of Finance.

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ArmInfo. Prime Minister Nikol Pashinyan held a consultation on the 2020 agricultural season's results and the activities projected for 2021.

ArmInfo.The Armenian government in "manual mode" assists investors in entering the market. On February 10, RA Minister of Economy Vahan Kerobyan stated this  from the rostrum of the parliament.

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ArmInfo.By Jihad Azour, Director of the International Monetary Fund’s Middle East and Central Asia Department

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ArmInfo. The budget deficit of  Armenia in January-December 2020 amounted to 333.9 billion drams ($  639 million), having jumped 5.2 times on an annualized basis, against  a 39.3% decline in 2019 and a 60.5% decline in 2018. According to the  RA Statistical Committee, the budget revenues of Armenia slowed down  the annual growth from 16.3% to stagnant 0.1%, while the growth of  expenditures accelerated from 12.2% to 16.7%, amounting to 1.560  trillion, respectively. and 1.894 trillion. drams ($ 2.99 billion and  $ 3.6 billion, respectively).

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