ArmInfo.For the first time in Armenia, it is now possible to receive instant money transfers via SBP to easywallet accounts from 190 Russian banks—Tinkoff, Sberbank, VTB Bank, Gazprombank, Alfa-Bank, and many more. Transfers are made with a 0% commission. 

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ArmInfo. The section damaged as a result of severe flooding on the 58th kilometer of the M-6  interstate highway from Haghpat to Alaverdi is now passable. The Road  Department Foundation reports.

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ArmInfo. Armenia supported the largest-ever operation of several European countries to combat the  spread of malicious software. The operation resulted in the arrest of  four people and the shutdown of more than 100 servers, reports the  European Police Agency (Europol).

ArmInfo. The Civil Aviation Committee of Armenia has officially joined the Joint Authorities for Rulemaking on Unmanned Systems (JARUS). This was reported by th Civil Aviation Committee's press service, citing the results of the JARUS plenary meeting, which took place in Kazakhstan.

ArmInfo. The "Libra Group" company is ready to implement a number of programs in Armenia, George  Logothetis, the president of the company, stated on May 30 during a  meeting with Prime Minister of the Republic of Armenia Nikol  Pashinyan.

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ArmInfo. In January-April 2024, RA state budget expenditures increased by 31.9% or 197.4 billion drams -  up to 817 billion drams. The indicator increased mainly due to an  increase in payments on interest rates, pensions and social benefits.

ArmInfo. The RA Ministry of Finance intends to discuss the department's priorities with the Ministry of  Health and make certain changes in health care costs. This was stated  by Minister  of Finance Vahe Hovhannisyan on May 30 in parliament at  the preliminary hearing of the report on the implementation of the  budget for 2023.

ArmInfo. The formation of the Eurasian Economic Union (EAEU) contributes to the establishment of  systemic economic cooperation between its member states that have  historically established trade, economic and cooperation ties.

ArmInfo.EFES Insurance Company continues its activities by concluding significant international contracts that made international medical achievements financially and technologically available for our population.

ArmInfo. Law-abiding entrepreneurs engaged in foreign economic activity will receive a  number of benefits when transporting goods across the state borders of the country.  The decision on this was made at a meeting of the RA government on May 30.

ArmInfo. The Entrepreneurship and Productive Innovation Center (EPIC) at the American University of  Armenia (AUA) as the National Organizer of the Entrepreneurship World Cup (EWC) in Armenia congratulates the three startups that became the EWC Armenia 2024 National Winners. These startups advance to the  global competition to represent Armenia.  

ArmInfo.The regular session of the Eurasian Economic Commission Council is underway in Moscow,  chaired by Deputy Prime Minister Mher Grigoryan, The press service of the RA government reports.

ArmInfo.We can use industrial agriculture, but in parallel we should develop those areas that will  not lead to long-term negative consequences in terms of impact on the environment, public health, etc.

ArmInfo.The Ministry of Finance of Armenia intends to transfer the function of monitoring the  expenditure of public funds to the State Control Service under the Prime Minister. This was stated by the head of the department, Vahe Hovhannisyan, on May 29 in parliament at a hearing on the  implementation of the budget for the past year.

ArmInfo. In 2023, the Government of Armenia bought back part of the Eurobonds issued in 2015 with  maturity in 2025, thereby mitigating the risks associated with co-financing in the future. Finance Minister Vahe Hovhannisyan stated on May 29 in parliament at a hearing on the implementation of the  budget for the past year.

ArmInfo.By May 2024, the public debt of Armenia in dollar terms crossed another psychological mark of  $12 billion. In dram equivalent, the figure decreased by 2.4%.  In particular, according to the Ministry of Finance of the Republic, over the 4 months of 2024, Armenia increased its public debt by 1.9% or $97.5 million - to $12 billion 070.4 million (from $11 billion 845.3 million by the end of 2023). Public debt in dram terms  decreased by 2.4% or 113.9 billion drams - up to 4 trillion 681 billion drams (this is against the backdrop of a "strong dram" when the USD began its almost 20% "fall" from about mid-2022).

ArmInfo. After the Armenian government assumed most of the financial obligations of the government and citizens of Artsakh in December 2023, government debt by the end of 2023 in relation to GDP increased by 2.2 percentage points. If there was no such debt, the level of RA debt would be lower than the level of 2022.This was stated by Finance Minister Vahe Hovhannisyan on May 29 in parliament at a hearing on the implementation of the budget for the past year.