ArmInfo.The Armenian authorities will compensate for the increase in water tariffs in 2024 at the expense of the state treasury. O On March 28, the Cabinet of Ministers approved the decision to allocate AMD 1.1 billion to Veolia Djur, the unified water supply operator in Armenia (as was done in 2023), which will allow the tariff to remain at the same level.

ArmInfo. Armenia's gross international reserves (GIR) in February 2024 decreased by 4.6% per  annum or by $164 million, amounting to $3.381 billion, while a year ago there was an increase of 17.7% or by $532.1 million - to $3.545 billion. Dynamics for January-February and only for February, like a  year earlier, also downward, as a result of which the GMR moved more noticeably away from the historical maximum $4.220 billion achieved in August 2023. This is evidenced by data from the Central Bank of  the Republic of Armenia.

ArmInfo. The World Bank will provide Armenia with a loan of 92.3 million euros and a grant of 16  million euros to finance the budget deficit. The resolution was approved at a government meeting on March 28.

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ArmInfo.Armenia and Kazakhstan agreed to create a joint business club following a meeting  of the business delegation of the Astana Diplomatic Club with members of the Union of Industrialists and Entrepreneurs of Armenia. 

ArmInfo.Trade and economic relations are developing dynamically in both bilateral and  multilateral formats, which is significantly facilitated by contacts at the highest level. Ambassador of Kazakhstan to Armenia Bolat Imanbayev stated during the Armenia- Kazakhstan Business Forum.

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ArmInfo. We want to offer Armenia an alternative logistics route that will significantly reduce  time costs for cargo carriers and which has a competitive price.  President of the "Astana" Diplomatic Club Kaiyrbolat Sakhmetov said in a conversation with an ArmInfo correspondent Within the framework  of the meeting of the business delegation of Kazakhstan with the members of the  Union of Manufacturers and Businessmen of Armenia (UMBA).

ArmInfo.The sharp acceleration in the growth of economic activity in February of this year in Armenia is due to a short-term factor, reads a report by the Luys Foundation, whose experts analyzed the data of the RA Statistical Committee for January-February 2024.

ArmInfo.From March 26 to June 26 of this year, AraratBank starts placement of bonds subject to the conditions described below:

ArmInfo. Viva-MTS Telecommunications operator has changed its company name to Viva Armenia.

ArmInfo.There is great cooperation potential between Armenia and Russia, which can be  realized through cooperation projects in the production sector. 

ArmInfo.In order to strengthen the connection, Team Systems business university together  with the National Polytechnic University of Armenia (NPUA) held a two-day conference and hackathon on the topic "Green energy and smart technologies".

ArmInfo.The grounds for terminating tax obligations have been revised in Armenia. In  connection with the changes, the tax authority will initiate the process of terminating tax obligations on these grounds.

ArmInfo. Belarus has banned the import of products from the Ararat Brandy Factory, The Kommersant  newspaper reported with reference to the relevant resolution of the Deputy Minister of Health, Chief Sanitary Doctor of the Republic of Belarus Alexander Tarasenko.

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ArmInfo.IDBank joins the pension cashback program, within the framework of which 10% is returned as cashback for non-cash payments made by the pensioners.

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ArmInfo. By February 29, Armenia's public debt, against the backdrop of growing domestic debt, had grown  to another psychological threshold of $12 billion.