ArmInfo.

ArmInfo. Despite a significant migration flow from Russia and Ukraine due to geopolitical  developments,  the negative migration balance of Armenia exceeded 2.4  thousand people in Q1 2022. This is evidenced by the statistical data  of the border electronic control system.

ArmInfo.

ArmInfo.

ArmInfo. Electricity generation amounted to 2,465.3 million kWh in Armenia in Q1 2022, with an acceleration of y-o-y growth from 1.4% to 16.7%. At the same time,   in March alone a decline of 1% was recorded - to 786.4 million kWh.  This is evidenced by the data of the RA Statistical Committee.

ArmInfo.In Armenia, economic activity in Q1 2022 increased by 9.6% compared to the same period in 2021 (against a 2% decline in Q1 2020), exceeding even the pre-Covid  6.5% growth in Q1 2019. According to the final data of the RA  Statistical Committee, the agricultural sector lingered in the  decline, while other sectors showed growth, and the service sector  and the energy complex were the main drivers of economic growth.

ArmInfo. The salary arrears of the employees of the Nairit Chemical Plant in Yerevan for 2022 will be paid off. The decision on this was made at the meeting of the RA  government on May 5.

ArmInfo. The metallurgy industry of Armenia reduced production by 17% in Q1 2022 instead of growing by 4.1% a year earlier. This is evidenced by the data of the RA  Statistical Committee.

ArmInfo. The Turkish aviation authorities did not allow FLYONE ARMENIA to carry out flights (overflights) to European countries through Turkish airspace. This is  stated in the official statement of the airline.

ArmInfo.

ArmInfo.

ArmInfo.In Q1 2022 8.299.1 thousand tons of aluminum foil were produced in Armenia, which is 4.1% lower than the indicator of a year ago (against a 2.6% decrease  a year earlier).

ArmInfo.The industrial sector of Armenia increased its production volumes by 3.1% per annum in Q1 2022 (against 3.9% decline a year earlier), amounting to 550.7 billion  drams ($1.1 billion). At the same time, in March alone, the volume of  production decreased by 1.3% - to 187.5 billion drams ($377.4  million). This is evidenced by the data of the RA Statistical  Committee.

ArmInfo.International Bank for Reconstruction and Development (IBRD) will grant a 22.6 mln euro loan to Armenia under an education program. At its meeting on Thursday,  Armenia's Cabinet approved the signing of a relevant agreement.

ArmInfo.. January 1 to April 20, 2022, Armenia's trade turnover recorded an AMD 550bln ($1bln) increase as compared with the corresponding period last year,  Armenia's Prime Minister Nikol Pashinyan stated at a Cabinet meeting  on Thursday.  

ArmInfo. Armenia will expand the circle of officials whose property will be subject to verification by the Prosecutor General's Office for legality. This was stated on May  5 at a government meeting by Deputy Minister of Justice Karen  Andreasyan, presenting a draft amendment to the law "On confiscation  of property of illegal origin."

ArmInfo. From June 15, a regular ferry service will be launched for Armenia from the Georgian port of Poti to the Russian Port of Kavkaz . Minister of Economy Vahan  Kerobyan told journalists about this during a briefing on May 5,  referring to the decision of the authorities.

ArmInfo.

ArmInfo.On May 4, Armeconombank started the primary placement of regular tranches of dollar and dram nominal, coupon and non-documentary bonds with issue volumes of $  5mln and 1.5bln drams.

ArmInfo. "Rossgostrakh Armenia IC " holds the lead in net insurance premiums, while continuing to lead in net insurance claims as well. This is evidenced by the data of the  Financial Rating of Insurance Companies of Armenia as of March 31,  2022, prepared by ArmInfo IC, based on the results of the first  quarter.