ArmInfo. Ardshinbank has announced a decision to opt out of traditional New Year corporate celebrations. Instead, the bank will redirect the earmarked funds towards assisting one hundred families from Artsakh who have faced displacement.

ArmInfo. Armenia will remain leader in terms of economic growth in the Eurasian Economic Union (EAEU) next year, according to a forecast by the Eurasian Development Bank (EDB).

ArmInfo. The Armenian authorities are reforming the institution of management of multi-unit apartment buildings (hereinafter: apartment buildings) and are considering transferring these powers to an external manager (outsourcer). At the same time, in order to protect the interests of the residents, the rights and responsibilities of the developer and the apartment owners are clarified. Tanya Arzumanyan, Head of the Department of Housing Fund Management and Communal Infrastructure of the RA Urban Development Committee, told ArmInfo.

ArmInfo. The EAEU and Iran signed a full-scale free trade agreement.

ArmInfo.

ArmInfo. In Armenia, the price  index of industrial products decreased in January-November 2023  compared to the same period in 2022 to 101.7% from last year's  102.9%. This was observed against the backdrop of a slowdown in  annual growth in the industrial sector from 8.4% to 2.1% - to 2.4  trillion drams ($6.2 billion).

ArmInfo. In Armenia, the  growth of economic activity in January-November 2023 slowed to 9.4%  per annum (from last year's 14.4%), accompanied by a very noticeable  slowdown in the upward dynamics of exports and imports.

ArmInfo. Yerevan City Hall plans to replenish public transport with 200 new buses in 2024, Yerevan Mayor Tigran Avinyan stated at a working meeting on December  25

ArmInfo. The number of gainful  jobs reached 737,866 this November 2023, the RA State Revenue  Committee reports. 

ArmInfo. From December 18 to 22, the increase in dollar transactions in the RA foreign exchange interbank was accompanied by a decrease in ruble transactions, parallel to which, after a two-week absence, euro transactions resumed. Thus, the weekly trend in dollar transactions turned from a 36% decline towards 68.2% growth, while the dynamics of ruble transactions turned in the opposite direction - from a 5.8-fold increase towards 83.2% recession. As a result, dollar transactions began to dominate again, prevailing 9.3-fold over ruble transactions and 16.5-fold over euro transactions.

ArmInfo.

ArmInfo.

ArmInfo.Next year, the  Ministry of Economy will launch a program for artificial insemination  of cattle, Armenia's Minister of Economy Vahan Kerobyan told a  briefing. 

ArmInfo. About 600-700 trucks  are waiting to pass through the Upper Lars checkpoint, Customs  Attache of the Armenian Embassy in Russia Vahan Hakobyan told  ArmInfo.

ArmInfo.

ArmInfo. The agricultural budget of Armenia in 2023 amounted to 37 billion drams, but expenses reached 47 billion drams. Minister of Economy of Armenia Vahan Kerobyan stated, presenting the results of the 2023 economic year to the Prime Minister of Armenia Nikol Pashinyan.

ArmInfo. After the Armenian government assumes most of the financial obligations of the government and citizens of Nagorno-Karabakh, the public debt to GDP will increase by 2.4 percentage points to 49.4%. This was stated by RA Minister of Finance Vahe Hovhannisyan on December 22, presenting the draft decision in parliament.

ArmInfo. Due to the sharp increase in the flow of participants in foreign economic activity and citizens, the Yerevan customs service center will also work on Saturday, the press service of the State Revenue Committee of the Republic of Armenia reports.

ArmInfo. Representatives of Armenian fish farms, outraged by the new demands of the authorities to install closed circulation systems at the artesian wells of the Ararat Valley, this time gathered near the government building. They demand a meeting with the prime minister or deputy prime minister of the country.

ArmInfo. On December 21, the  Government of Armenia adopted a draft decision developed by the   Urban Development Committee  "On approval of the procedure for  establishing an information system on the technical condition of the  housing stock."