ArmInfo.AraratBank will act as an underwriter of AMD and USD denominated nominal coupon bonds, scheduled to be issued by FINCA UCO CJSC on April 20, 2022.        

ArmInfo. China understands that in the event of a conditional defeat or failure of Russia, it will be next. On April 14, during the Yerevan-Moscow video bridge,  Russian political scientist, radio and TV Sergey Mikheev expressed a  similar opinion when asked to comment on Russian-Chinese interaction  in the context of the sanctions of the collective West.

ArmInfo.In Q12022, Armenia increased its public debt by almost $131 million - up to $9 billion 356.6 million or 4 trillion 569.3 billion drams. According to the  2022 Annual Borrowing Plan Armenia plans to attract 227.8 billion  drams or $477 million (the estimated exchange rate of the US dollar  to the Armenian dram is 477.45).

ArmInfo.The trade turnover of agro-food products between Armenia and Russia in 2021 increased by 19.8% to $903.1 million, with an increase in exports from Armenia to the Russian Federation by 24.7% to $543.3 million, the press service  of the Ministry of Economy of Armenia reports, referring to the  results meeting between Minister of Economy of the Republic of  Armenia Vahan Kerobyan and Minister of Agriculture of the Russian  Federation Dmitry Petrushev.

ArmInfo.The Ministry of Economy is ready to assist in the modernization of educational programs and existing equipment of the State College of Light  Industry to bring it into line with the current requirements of the  labor market, as well as the expectations of employers and students.  Deputy Minister of Economy of Armenia Rafael Gevorgyan stated this  during his visit to the Yerevan State College of Light Industry.

ArmInfo. Ameriabank has summed up the results of the "Be the Change" student contest, launched jointly with the Visa payment system at the end of last year. 11 teams from Yerevan and the regions of Armenia took part in the final stage of the contest. By  holding such a competition, Ameriabank attaches importance to the  development, potential and ideas of young people. The ceremony of  awarding the winners of the competition took place on April 13 at the  head office of Ameriabank.

ArmInfo. According to the results of 2021, the export of Russian industrial products to Armenia in y-o-y terms increased by 14%, and the import of Armenian products  - by 10%. This was stated during the meeting between  Minister of  Economy of Armenia Vahan Kerobyan and Minister of Industry and Trade  of the Russian Federation Denis Manturov, which took place in Moscow  as part of a working visit.

ArmInfo. Governor of the Syunik region of Armenia  Robert Ghukasyan met with President of the GeoProMining (GPM)  group of companies  Roman Khudoli and other representatives of the  company.

ArmInfo."The Republic of Armenia, its people are the owners of the Zangezur copper-molybdenum plant, is this not the return of the loot?"  Asked Prime Minister of Armenia  Nikol Pashinyan, on April 13 in Parliament, answering the question of  the MPs.

ArmInfo. Armenia and Russia discussed issues of ensuring food security.  Head of the Armenian Economic Department Vahan Kerobyan announced on his Facebook page,  following a meeting with the Minister of Agriculture of the Russian  Federation Dmitry Petrushev. The interlocutors discussed the  possibility of increasing the turnover of agricultural products and  food products.

ArmInfo.The RA Urban Development Committee hosted Mr Paul Koblan-Huberson an Ms Sirarpi Haykazyan, Project Managers at Agence Fran‡aise de D‚veloppement  (AFD). 

ArmInfo.HSBC Bank Armenia CJSC (hereinafter HSBC Armenia) has been named as “Market Leader” for the second consecutive year and as “Best Service provider” in Euromoney’s 2022 Trade Finance Survey. 

ArmInfo. Armenia and Russia have agreed on joint investment projects, the RA Ministry of Economy reports following Minister Vahan Kerobyan's meeting with RF Deputy Minister of Economic Development Dmitry Volvach. 

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ArmInfo. Armenia's Premier Nikol Pashinyan hosted on April 12 Mr MartЎn Eurnekian, Executive Director of Corporacion America (CASA), who was accompanied by Mr Marcelo Wende, Chief Executive Officer at Armenia International Airports  CJSC, and Mr Sergey Avetisyan, Chief Executive Officer at "Armenia"  International Airports" CJSC.

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ArmInfo.The World Bank has worsened its 2022 forecast for Armenia's GDP growth from the previous 4.8% to an updated 1.2%, expecting a decline in exports by 8.5% and  imports by 12%. For 2023, the World Bank forecasts an acceleration in  Armenia's GDP growth to 4.6%, with exports growing by 6.5% and  imports by 8%, and in 2024 GDP growth is expected at 4.9%, with  acceleration of export and import growth up to 7.7% and 9.3%  respectively.

ArmInfo.The international Standard&Poors rating agency has maintained Armenia's sovereign rating at "B+" and "B" for issuing long-term and short-term  liabilities in foreign and national currencies, but worsened its  outlook from "Positive" to "Stable". This is stated in the message on  the website of the agency.

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