ArmInfo. Minister of Territorial Administration and Infrastructures of Armenia Gnel Sanosyan paid a familiarization visit to the Armenian NPP in Metsamor.

ArmInfo. Armenia intends to increase the share of small and medium- sized businesses (SMEs) in the republic's GDP by 2026 from 27% to 55%, according to the program  of the RA government for 2021-2026, approved on August 18 at a meeting of the Cabinet of Ministers.  Realizing that SMEs are a key element of sustainable economic and employment growth, the RA government attaches importance to the development of SMEs and undertakes to take consistent steps to remove obstacles along the  way. In particular, for innovative entrepreneurs, the toolkit for supporting SMEs will be expanded, and the availability of both financial resources and skills, knowledge and connections will be  increased. The economic activity of the population in the regions  will be increased, alternative sources of income will be created, and  inclusiveness of growth will be ensured.

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ArmInfo. Chairman of the Board of the Eurasian Economic Commission Mikhail Myasnikovich noted positive dynamics in the EAEU economy this year in the third Kyrgyz-Russian Business Forum "New Challenges and Opportunities for Business Partnership in the EAEU ", which took place in Cholpon-Ata (Kyrgyzstan) on the eve of the meeting of the Eurasian Intergovernmental Council, BelTA learned from the press service of the EEC.

ArmInfo. Armenia is a leading country in the field of information and telecommunication technologies (ICT) with great research and creative potential. This is stated in a study by the Japan International Cooperation Agency (JICA).  The study was also carried out in Pakistan and Sri Lanka, according to the press service of the Ministry of High-Tech Industry.

ArmInfo. By the decision of the Prime Minister of Armenia Nikol Pashinyan on August 19, Avag Avanesyan was appointed Deputy Minister of Finance of the Republic of Armenia, the official website of the government reports.

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ArmInfo.Until 2026, the Armenian government undertakes to increase pensions to meet the needs of the minimum consumer basket, the minimum wage - up to 85 thousand drams. Armenian Prime Minister Nikol Pashinyan announced this at a  government meeting on August 18, presenting the first section of the  government's program for 2021-2026, entitled "Security and Foreign  Policy".

ArmInfo.Armenia is not an ideal country, neither from the point of view of the judicial system, nor the legislative field, infrastructures, logistics, etc. and  therefore, taking into account all these restrictions, we must form  an attractive environment for investors. Armenia's Minister of  Economy Vahan Kerobyan stated this during a briefing on August 18.

ArmInfo.The RA Ministry of Economy, together with the EBRD's Business Support Office-Armenia, have developed guidelines for importers that will help find  alternatives to the Turkish market after the imposition of an embargo  on the import of Turkish goods to the Armenian market. According to  the message, the guidelines describe import procedures, possible  alternatives to foreign markets, logistics, transport costs, required  international agreements, and contact details of suppliers.

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ArmInfo.63,173 real estate transactions were carried out in the regions of Armenia in H1 2021, with an annual growth of 29.2%. At the same time, according to the RA  Real Estate Cadastre State Committee, the number of real estate  purchase and sale transactions in the regions increased by 24.2% per  annum to 17,387, and rent - by 6.6% to 2,824.  

ArmInfo. In Yerevan, in the first half of 2021, 27984 real estate transactions were concluded, which is 23.7% higher than a year ago. According to the data of the  RA Real Estate Cadastre State Committee, out of the total number of  these transactions, purchase and sale accounts for 27% or 7,574  transactions, with an annual growth of 26.7%.

ArmInfo.Converse Bank has launched the Converse-Fast Plus type of loan, which offers small and medium enterprises financing for the acquisition of fixed assets and replenishment of working capital, for funding current expenses, repayment of accounts payable, which is designed to contribute to development and expansion of the business.

ArmInfo. In the first half of 2021, 1,919 real estate transactions were carried out by foreigners in Armenia, which is 14.7% more than a year ago. According to the RA  State Cadastre of Real Estate, in total, non-residents accounted for  7.7% of the total number of transactions, against 8.4% in the same  period a year earlier.

ArmInfo.In the premium portfolios of Armenian insurers in the first half of 2021, the  corporate component continues to prevail over the retail one - 57%  (15.1 billion drams) and 43% (11.4 billion drams), almost repeating  the indicators of a year ago - 56.2% and 43.8% respectively.  According to the Financial Rating of Insurance Companies of Armenia,  prepared by ArmInfo IC, the annual dynamics of the absolute values of  both indicators changed from the 7.4-8.5% decline by 10.9-7.6%  growth.

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ArmInfo. Armenian companies are invited to participate in the four- day "Made in Armenia" exhibition within the framework of Dubai Expo 2020. Participation in the global  exhibition will allow not only to present Armenian goods and services  to the world market, but also to establish new business ties, hold  meetings with foreign potential investors and partners, stated in the  message of the Ministry of Economy of Armenia.

ArmInfo.The number of beneficiaries of the state agricultural insurance program in Armnia, according to the latest data, has reached 4,300, while for the entire  2020, 1,500 contracts alone were concluded between farmers and  insurance companies. Head of Department of Agricultural Programs  Elaboration, Resource Use and Cooperative Development of the RA  Ministry of Economy Ira Panosyan informed about this.

ArmInfo.The expenditures of the state budget of Armenia in the first half of 2021, compared to the same period in 2020, increased by 13.2% or by 100.7 billion drams.  This is evidenced by the data of the Ministry of Finance of Armenia.