ArmInfo.The Central Bank of Armenia, taking into account the expected macroeconomic development in the external sector and economy of Armenia, and the resulting inflationary impact, considers it expedient to continue raising the refinancing rate - now  from 6.5% to 7%.

ArmInfo. In H1 2021, the net inflow of transfers increased by 98.6% per annum (from a 16.3% decline a year earlier) - to $ 382.9 million, which is largely  supported by the continuing increase by several times in remittances  from the United States, as well as recovering growth transfers from  Russia. This is evidenced by the data of the RA Central Bank.

ArmInfo.Central Bank of Armenia decided  to raise the refinancing rate by 0.5 percentage point from 6.5% to 7%.

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ArmInfo.The Institute of Economics and Business of the Russian-Armenian University and IDBank signed a memorandum of cooperation, within the framework of which, with the support of the Bank, the master's educational program "Data Analytics" will be developed and implemented.

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ArmInfo.On July 29, the Armenian government satisfied the application of "Texas Production" CJSC for exemption from import customs duties on imported technological  equipment, their components, raw materials and materials imported  within the framework of the investment program, which implies  investments of about 1 billion drams.

ArmInfo. On July 29, the Armenian government satisfied the application of "GINAP" LLC for exemption from import customs duties on imported technological equipment, their components, raw materials and materials imported within the framework  of the investment program implemented in the priority sector.

ArmInfo.At present, the Sotk mine is not working, Gnel Sanosyan, the governor of the Gegharkuni region of Armenia, told reporters on July 29 after a government meeting.

ArmInfo.About 30 billion drams will be invested in the construction of a new ski resort in the Aragatsotn region of Armenia. The draft investment program of the  Myler Mountain Resort company was approved on July 29 at a meeting of  the Armenian government.  

ArmInfo.We are pleased to announce that Converse Bank has completed the 12th and 13th tranches of bond placement two months ahead of schedule. For the first time, bonds were distributed through the Converse Bank’s mobile application.

ArmInfo.Acting Prime Minister of Armenia Nikol Pashinyan is forming an interdepartmental group to study the possibilities of launching the Armoil petrochemical plant in the Nati district of the city of Yeghvard in the Kotayk region of  the republic.

ArmInfo.The dream project of the leading figure in the IT field of Armenia and the high-tech community the late Karen Vardanyan, who devoted years of his life to  promoting the technological sector, will be implemented.

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ArmInfo. The five leaders of the list of 1000 large taxpayers in Armenia in total paid 106 billion drams to the budget through taxes, of which 44 billion - in direct  taxes (including income tax, profit tax) and 39.5 billion - in  indirect taxes (in including VAT, excise tax).

ArmInfo. President of Armenia Armen Sarkissian, who is on a working visit to Japan, met with CEO / Executive Managing Director of the Japan Bank for International  Cooperation (JBIC) Tadashi Maeda. 

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