ArmInfo.

ArmInfo. As of April 1, 2022, over 2.7mln plastic cards were effective in Armenia, with an extremely moderate increase - 3.5% in the corresponding period of 2021 to 7.5%,  which is much lower than the 17.3% and 17.5% in 2019 and 2020  respectively.

ArmInfo.RA Prime Minister Nikol Pashinyan chaired the first sitting of the Economic Policy Council under the Prime Minister of the Republic of Armenia, held via video  link.  

ArmInfo.The actual expenses of the Ministry of Foreign Affairs of Armenia amounted to 17 billion 090 million drams, thus exceeding last year's figure by 240 million  drams.  Minister of Finance of the Republic of Armenia Tigran  Khachatryan stated this on June 6 at the National Assembly during a  preliminary discussion of the implementation of the state budget for  2021.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.The upward trend in real estate prices and rising interest rates will reduce the pace of mortgage lending growth. This is the opinion of the analysts of the  AmRating National Rating Agency affiliated with ArmInfo, referring to  the extremely high growth rates of the mortgage market, which reached  42% in y-o-y terms.

ArmInfo. RA Prime Minister Nikol Pashinyan received UNWTO Secretary General Zurab Pololikashvili, who visited Armenia to attend the 67th meeting of the UNWTO Commission for Europe.

ArmInfo. Fly Arna, Armenia's national airline and a joint venture company between the Armenian National Interests Fund (ANIF) and Air Arabia Group, today announced  that it has received its Air Operating Certificate (AOC) and Air  Operator License (AOL), which allow it to start operating from  Yerevan's Zvartnots International Airport.

ArmInfo.In Armenia, the price rally in food and oil products is spurring inflation acceleration. In May 2022, compared to May 2021, it has already reached 9% (compared to 5.9% in the previous year).

ArmInfo.Amid the war in Ukraine, the West is seeking to assist Armenia and some other states in diversifying theirs export markets, including supplying products to  domestic markets, Avag Harutyunyan, Chairman of the National Wine  Center, said in an interview with ArmInfo. 

ArmInfo.Armenia is making tremendous effort to develop digital technologies, education, science and innovations, which will strengthen the tourist industry, Armenian  President Vahagn Khachatryan stated at his meeting with a delegation  headed by Mr Zurab Pololikashvili, Secretary-General of the World  Tourism Organization (UNWTO). 

ArmInfo.RA Deputy Prime Minister Hambardzum Matevosyan took part today in the opening of the 67th session of the UNWTO Commission for Europe, which is being held in Yerevan.

ArmInfo.On June 2, the Government of the Republic of Armenia made a decision to allocate 7 billion 783 million drams for construction work under the Road Network  Improvement Project.

ArmInfo. On June 2, a FlyArystan airliner of the Kazakh company landed at the Zvartnots international airport, carrying out for the first time a direct flight from Almaty  to the capital of Armenia, the city of Yerevan.  From now on, flights  will be carried out by Airbus -320 comfortable economy class  airliners twice a week - on Mondays and Thursdays, the cost of a  ticket, depending on the choice of services provided, starts from  46,000 drams (one way).

ArmInfo.In Armenia, leasing transactions are rapidly gaining momentum, the total volume of which by April 2022 exceeded 64 billion drams ($132 million), having  increased by 38.4% year-on-year. This is evidenced by the data as of  March 31, 2022 of the "Financial Rating of Banks of Armenia" and  "Ranking of Credit Companies of Armenia", prepared by ArmInfo IC.