ArmInfo.Deputy Prime Minister of Armenia Mher Grigoryan participated in the regular Eurasian Economic Council (EEC) session through a video-conference.  

ArmInfo.The Board of the Central Bank of  Armenia estimates that the consistent tightening of monetary  conditions in recent years has a sufficient impact on the regulation  of progressive consumer demand, curbing of inflation and on ensuring  its target threshold in the medium term.

ArmInfo. The Central Bank of Armenia raised its forecast for Armenia's economic growth for 2021 to 5.4% from the previously expected 4.6%. Governor of the Central  Bank of the Republic of Armenia Martin Galstyan stated this at a  press conference on September 14.  According to the head of the  Central Bank, the main sectors that will contribute to the  acceleration of the country's economic growth will be agriculture and  the service sector.

ArmInfo.Inflation in Armenia is largely driven by supply rather than demand, as well as by the recent increase in vegetable prices (by 66.4% per annum in  August), which in turn is due to an increase in export supplies of  vegetable crops.

ArmInfo.In terms of transfers arriving in Armenia, Russia continues to lead, but the United States is leading in terms of growth rates. Governor of the Central Bank of  Armenia Martin Galstyan announced this on September 14 during a press  conference.  In particular, he explained that such an increase was  due to the stimulus checks provided by the US government to its  citizens, a large part of which are representatives of the Armenian  Diaspora.  

ArmInfo.After a long break of 8 years, a meeting of the Armenian-Ukrainian  intergovernmental commission on economic cooperation was held in  Armenia, within the framework of which an extensive protocol was  signed on cooperation in a number of areas, including trade and  economic, agricultural, social, educational, scientific, digital,  etc.

ArmInfo. In Armenia, in August 2021, the official y-o-y inflation calculated by the  Statistical Committee exceeded the y-o-y real inflation calculated by  the Central Bank - 8.8% versus 8%, respectively. In July 2021, the  y-o-y official inflation also exceeded real inflation, but less  noticeably - 8.2% versus 8.1%. And in the previous months of this  year, on the contrary, the real y- o-y  inflation exceeded the  official one.

ArmInfo.The Central Bank of Armenia has once again raised the refinancing rate - from 7% to 7.25%. As ArmInfo was told in the press service of the Central Bank  of Armenia, this decision was made by the Central Bank on September  14 at a meeting of the Council.  In this regard, rates on lombard  repo and on deposits attracted from banks were also increased by  0.25% percentage points - to 8.75% and 5.75%, respectively.

ArmInfo.About 2 billion drams will be allocated for the installation of 27 photovoltaic stations, Deputy Prime Minister Suren Papikyan said on his Facebook page.

ArmInfo.From January 1, 2022, the single operator of water supply company "Veolia Djur" proposes to increase the water tariff by 43.7 drams - up to 223.7 drams  (including VAT) per 1 cubic meter. The Public Services Regulatory  Commission (PSRC) accepted the application for revision of tariffs  for water supply services on August 12 of this year.

ArmInfo.On September 13, Deputy Prime Minister of Armenia Mher Grigoryan received Co-Chairs of the Armenian-Ukrainian Intergovernmental Commission on Economic Cooperation:  Minister of Social Policy of Ukraine Maryna Lazebna  from the Ukrainian side and RA Minister of Economy Vahan Kerobyan  from the Armenian side.

ArmInfo.ACBA Bank OJSC issued its first 500.000 shares with a total volume of 7.5 billion drams (at the placement price). The Bank offers a new opportunity for  the future - "Become a shareholder". The press service of the Bank's  reports, indicating that shares can also be purchased through the  acba digital application.

ArmInfo."Cancer is not contagious, love is contagious": this was evidenced by the presence of more than a thousand people on September 9 in the "Aram Khachaturian" concert hall.

ArmInfo.As of September 10, 2021, the consolidated budget of the Republic of Armenia received 1 trillion. 2.3 billion drams of tax revenues, which is 11.1% or 99.8  billion drams more than last year's receipts. Compared to 2019, the  increase amounted to 46.5 billion drams or 4.9%, and from 2018 - by  217.5 billion drams or 27.7%, referring to operational data, the  Budget Office of the RA National Assembly reports.

ArmInfo. The Central Bank has issued collector coin dedicated to the 30th anniversary of the Republic of Armenia, the press service of the bank informs.  

ArmInfo.

ArmInfo.On September 10, at a meeting with the Ambassador of India to the Republic of Armenia Kishan Dan Dewal , Minister of Finance of Armenia Tigran Khachatryan  presented the program of activities of the RA government for  2021-2026, as well as the strategy for reforming the public finance  management system.

ArmInfo.The construction of a new bridge across the Debed River on the territory of the Sadakhlo-Bagratashen checkpoint of the state border of the Republic  of Armenia is in full swing, the Road Department SNCO reports.

ArmInfo. In H1 2021, Armenia reduced the export of copper ore by 9.5% per annum (against 17.8% growth a year earlier) - to 240.5 thousand tons. At the same  time, having increased the customs value by 50% - up to $ 421.3  million.

ArmInfo. The alcohol industry in Armenia has recovered from the coronavirus crisis. The volumes of alcoholic beverages produced and exported have increased  after a prolonged decline during 2020 due to the outbreak of the  coronavirus pandemic.