ArmInfo. The Public Services Regulatory Commission (PSRC) has started the process of reviewing electricity tariffs. PSRC Chairman Garegin Baghdasaryan stated this  during a briefing on December 1 in the government.

ArmInfo. The poverty rate in Armenia in 2021 was 26.5%. At the same time, the indicator in 2021, compared to 2020, decreased (by 0.5 p.e.), compared to 2019, it  increased by 0.1%.  Prime Minister of Armenia Nikol Pashinyan stated  this on December 1 at a regular meeting of the Cabinet of Ministers.

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ArmInfo.Armenia's government approved on Thursday the procedure of supporting commercial organizations and private entrepreneurs working the IT sector. 

ArmInfo.From December 1 to December 30, Ardshinbank is holding a campaign for clients using fast money transfer systems. As part of the campaign, bank will pay a bonus of AMD 10000 right on the spot to every 300th client who sends or receives a transfer through any of the fast money transfer systems.

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ArmInfo. Thirteen of the 59 programmes the Nations Economic Commission for Europe (UNECE) is implementing are being implemented in Armenia, Dmitry Mariyasin, UNECE Deputy Executive Secretary, stated at his meeting with  Armenia's Minister of Territorial Administration and Infrastructure  Gnel Sanosyan. 

ArmInfo.Armenia's government has approved a draft decree by Armenia's president approving the Agreement between the Republic of Armenia and the European Commission on Accountable Institutions and Human Rights Protection in Armenia,  which provides for the issuance of a 33mln EUR grant to Armenia for SMB  development and establishment of the Ministry of the Interior. 

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ArmInfo. On November 30, a meeting was held under the chairmanship of the Prime Minister of Armenia Nikol Pashinyan, during which the issues of introducing a  system of universal income declaration were discussed.

ArmInfo. On December 1, Ameriabank will begin the initial placement of the next tranche dollar  nominal,  coupon-non-documentary bonds with an  issue volume  of $10 million.

ArmInfo. Deputy Minister of Education, Science, Culture and Sports of the Republic of Armenia Karen Trchunyan received representatives of the Asian Development  Bank (ADB).  

ArmInfo. Evocabank has launched a new contactless cashless payment tool - mobile POS (mPOS) for simplified and quick receipt of payments by business entities. This  is noted in the message of Evocabank

ArmInfo.On December 2, the opening ceremony of the joint project  "Skill Building of Rural Farmers for Effective & Innovative Greenhouse Management”  will take place at Yerevan Hall of Holiday Inn Hotel. The total project budget is USD19,780 of which USD14,300 is donated by HSBC Bank Armenia CJSC. JMF has also commited around 100 million AMD to serve as a loan capital for this project.

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ArmInfo.The ruling Civil Contract faction of the National Assembly nominated Armen Nurbekyan for the post of the Deputy Chairman of the Central Bank of the  Republic of Armenia.

ArmInfo. The Ministry of Economy will provide "oxygen" for IT companies working with the international market. RA Minister of Economy Vahan Kerobyan said this  on the sidelines of the event dedicated to the 15th anniversary of  the Investment Council of Armenia (ICA) in Armenia, answering a  question from an ArmInfo correspondent.  

ArmInfo.The "United Motherland" party, headed by the  former commander of the Artsakh Defense Army Samvel Babayan, made a  statement regarding the bill on the state budget of the republic in  2023.