ArmInfo.  From April 19 to April 23, 2021, the volume of dollar transactions on the foreign exchange interbank of Armenia grew 6.4-fold, after a 2.8-fold rise in the previous week (from April 12 to April 16).

ArmInfo.

ArmInfo.The Minister of Economy of Armenia Vahan Kerobyan received the Ambassador Extraordinary and Plenipotentiary of Canada to the RA Alison LeClaire, yesterday, the press service of the department reported today.

ArmInfo. The International Monetary Fund (IMF) forecasts GDP growth of 1% for Armenia in 2021, with an acceleration to 3.5% in 2022. This is stated in the report of  the IMF following the results of the virtual discussions held by the  Fund's team led by Nathan Porter with the Armenian authorities  regarding the latest economic developments, prospects and political  priorities for the future.

ArmInfo.AraratBank has raised EUR 3 million from two funds advised by impact investor Incofin Investment Management: EUR 1,5 million from Volksvermogen NV and EUR 1,5 million from Incofin CVSO providing micro entrepreneurs an access to small loans.  

ArmInfo.

ArmInfo.Watch second part of the interview with Philip Lynch, Independent Board Member at Ameriabank.

ArmInfo.The Ministry of Economy of Armenia is holding discussions with a number of investors around the programs, with a total cost of several hundred million  dollars.

ArmInfo. Despite the fact that economic activity in Armenia in January-February 2021 decreased by 6.7% compared to January-February 2020, RA Economy Minister Vahan Kerobyan predicts that the Armenian economy will grow by 7-7. 5% in  March. He said this on April 22 in an interview with journalists.

ArmInfo.The revenues of the Armenian state treasury amounted to approximately 1 trillion 560 million 655 thousand drams, expenses - 1 trillion 894 million 647  thousand drams.

ArmInfo.

ArmInfo.

ArmInfo.Ministry of Economy of Armenia plans to double the share of SMEs in the structure of GDP - from the existing 27% to bring it up to 55%. Armenian Minister of  Economy Vahan Kerobyan told about this in an interview with the First  TV channel.

ArmInfo. In Armenia, there are no problems with attracting investors, we have a problem with organizing proper work with them. This was stated by the Minister of  Economy of the Republic of Armenia Vahan Kerobyan in an interview  with the First TV Channel of Armenia.

ArmInfo. It's time to think about development programs, not anti-crisis measures. RA Economy Minister Vahan Kerobyan expressed a similar opinion in an interview with the First TV Channel of Armenia.

ArmInfo. According to the data for March 2021, the number of jobs that provided income (tax base) was about 622.5 thousand, which is about 2.5 thousand more than in  March 2020, 38.5 thousand more than in March 2019, and 85.5 thousand  more than in March 2018.

ArmInfo. Previous effective cooperation can form the basis for strengthening further  partnerships. This was announced during the online meeting of the EU  Ambassador Extraordinary and Plenipotentiary to Armenia Andrea  Wiktorin and the Minister of High-Tech Industry (HTI) of Armenia Hayk  Chobanyan.

ArmInfo. On April 20, Converse Bank started the initial placement of the next tranches of AMD and USD bonds in the amount of AMD 3 billion and $10 million. This was  reported to ArmInfo in the press service of Converse Bank, explaining  that in the near future they will be available in the bank's mobile  application.

ArmInfo. Taking into account the enormous costs that the participants of export-import operations in Armenia periodically suffer when closing the only land road of the  checkpoint , the Minister of Economy of Armenia Vahan  Kerobnya promised that he will do everything possible to provide both  road and rail alternatives to Lars. The Minister said this in an  interview with the Public Television of Armenia.

ArmInfo. In the difficult post-war period, the Ministry of Economy of Armenia set a course for the industrialization of the economy. This was stated by the Minister  of Economy Vahan Kerobyan in an interview with Public Television.