ArmInfo.IDBank and Idram summarize the results of the May program of “The Power of One Dram” initiative, the beneficiary of which was “Road of Life” charitable NGO, which deals with diagnosis, provision of medicines and treatment of children with epilepsy. The collected amount of AMD 4,101,050 will be directed to alleviate the concerns of the beneficiary families.

ArmInfo.Recent floods in Armenia confirm the need to ensure food security. Flooding in Lori  and Tavush has contaminated water supplies and food sources, increasing the risk of foodborne illness, highlighting the need to strengthen food safety measures in Armenia. This is stated in a joint  message from the Food and Agriculture Organization of the United Nations (FAO) and the World Health Organization (WHO) on the occasion of World Food Security Day.

ArmInfo.From June 10 to September 10 of this year, AraratBank intends to place bonds on the following terms:

ArmInfo.Russia is working to resume the launch of Mir cards in Armenia and Kyrgyzstan. As TASS  reports, stated by Deputy Minister of Foreign Affairs of Russia Alexander Pankin at the St. Petersburg International Economic Forum (SPIEF).

ArmInfo. In Q1 2024, Armenia increased export supplies 2.7-fold , which was mainly due to the  re-export of gold to the United Arab Emirates. Deputy Minister of Finance of Armenia Vahan Sirunyan stated during a meeting of the Standing Parliamentary Committee on Financial-Credit and Budgetary  Affairs on June 7.

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ArmInfo.The opening of the renovated sales and centers of OVIO, which were modernized within the framework of rebranding, took place in Kapan, Kajaran and Gyumri.

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ArmInfo. The EU will allocate 11 million euros for the next 5 years to implement the Resilient Syunik  (R2D) project.  Head of the EU mission to Armenia Vassilis Maragos stated during an event dedicated to the launch of the program.  

ArmInfo.The unique international music festival "Palaces of Saint Petersburg in Yerevan", which will be held from 16 to 23 June of this year, is organized by Ardshinbank’s financial partnership.

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ArmInfo. In the city of Kapan, Syunik region of Armenia, a modern sports complex will be built on  the site of the old stadium. At a meeting on June 6, the RA government recognized the lands and property of the current stadium as a priority public interest.

ArmInfo. In Armenia, the growth of economic activity in January-April 2024 accelerated to 13.2% per  annum (from 12.2% in the same period of 2023). But unlike last year, now the driver of growth is not only the trade sector, but also the industrial sector. As evidenced by the final data of the RA Statistical Committee, this was accompanied by continued high growth rates of exports and imports.

ArmInfo. Regional administrations of Armenia will receive 2.426 billion drams from the country's state budget for the implementation of subvention programs. The decision on this was made on June 6 at a meeting of the RA  government.

ArmInfo. A meeting was held under the chairmanship of the Prime Minister of the Republic of  Armenia Nikol Pashinyan, during which a package of bills adopted by the National Assembly in the first reading was discussed, proposing to revise the turnover tax rates.

ArmInfo.The main tourist flow to Armenia last year was formed from Russia, Georgia, Iran, the USA, Germany, France, Ukraine, China and Belarus. Acting Head of the Tourism Committee Susanna Hakobyan announced at a meeting with Prime Minister Nikol Pashinyan. According to her, n exceptional increase in the total  number of tourist visits was recorded in 2023, 2,317 thousand people, an increase of 40% compared to January-December 2022.