ArmInfo. The Government of Armenia, together with the German Development Bank KfW, the European Investment Bank (EIB) and the EU will allocate 81 million euros to  ensure water supply for over 100 thousand residents of several  regions of Armenia.

ArmInfo.Acting Prime Minister of Armenia Nikol Pashinyan, accompanied by Acting Minister of Economy Vahan Kerobyan visited the "Saranist" company in the is engaged in glass production, and just recently a brandy factory was launched.

ArmInfo.Acting Prime Minister of Armenia Nikol Pashinyan chaired a consultative meeting to discuss the report on the activities of the Armenian National Interests Fund  (ANIF), the press service of the RA Acting PM reports.

ArmInfo.The coronavirus crisis made it possible to create something new, to use the opportunity to be 10 steps ahead,  said Tatevik Revazyan, Head of the Civil  Aviation Committee (CAC), speaking about the agreement on the  formation of a national air carrier, signed recently by the Armenian  National Interests Fund (ANIF) and Air Arabia Group.

ArmInfo.Ameriabank receives Euromoney Award for Excellence 2021 as the Best  Bank in Armenia. As ArmInfo was told in the press service of  Ameriabank, the Bank is honored to receive this reputable award given  the significantly improved profitability, robust growth, strategic  relationships and commitment to enhancement of its digital channels.   The Bank receives this recognition for the 8th time already over the  last ten years. 

ArmInfo.As a result of long negotiations, Lufthansa decided to enter the Armenian market on August 13 this year. This is stated in the joint statement of  "Armenia" International Airports CJSC and Lufthansa Airlines.

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ArmInfo. The largest air carrier in the Middle East and North Africa, Air Arabia and the Armenian National Interests Fund (ANIF) today will sign an agreement on the  creation of a new national airline of the Republic of Armenia.  President of Armenia Armen Sarkissian discussed this at the meeting   with Chairman of the Board of Directors of UAE-based airline Air  Arabia, Sheikh Abdullah Bin Mohamed Al Thani and CEO Adel Abdullah  Ali.

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ArmInfo. Acting Minister of Economy of Armenia Vahan Kerobyan called the forecast of the country's authorities on economic growth even by 6% pessimistic. He  stated this during an interview with the First TV channel.

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ArmInfo.For the construction of the Sisian-Kajaran section of the North-South highway, the European Union intends to allocate 600 million euros to Armenia. This  was announced to reporters today by the acting Minister of  Territorial Administration and Infrastructures of Armenia Suren  Papikyan during his visit to Shirak region to get acquainted with the  progress of construction work on the Talin-Gyumri section.

ArmInfo.IDBank, purposefully continuing the active development of digital banking culture, launched the Visa Digital card. Now the client can get a full-fledged virtual bank card Visa Digital through the Idram&IDBank mobile application, IDBanking.am and Idram digital platforms, without visiting the office, which becomes even more convenient due to the possibility of obtaining a credit line.

ArmInfo. In H1 2021, Armenia's gross international reserves increased by 18.7% or by $ 488.6 million, amounting to $ 3.104 billion, as evidenced by the data of  the Central Bank of Armenia. Of these, the lion's share - $ 3.091  billion - falls on foreign assets in hard currency, and the share of  SDR in the IMF amounted to $ 13.3 million. According to the  regulator's report, for H1 this year, foreign assets in hard currency  increased by 18.6%, while the share of SDR in the IMF increased by  48%.

ArmInfo.An extraordinary meeting of the Cabinet of Ministers of Armenia was held today behind closed doors. According to the government's announcement, the meeting  participants discussed the medium-term program of public spending for  2022-2024, as well as the program to reduce the state debt for  2022-2026.

ArmInfo.The Armenian government decided to establish a state duty of 15% of the  international price for the issuance of licenses, permits and  certificates for the export of raw materials, in particular  ferromolybdenum, copper and molybdenum concentrate to third  countries, provided that international prices for the latter remain  high. This is stated on the official Facebook page of the Ministry of  Economy of Armenia.

ArmInfo.Iran and Armenia maintain long-standing economic relations, and strengthening trade ties between the two countries is on the agenda. Armenian Ambassador to Iran Artashes Tumanyan stated this.

ArmInfo. The net inflow of transfers from individuals in January-May 2021, increased by 89% per annum (from a 23.4% decline a year earlier) - to $ 281.5 million,  which is largely supported by the continuing multiply increase in  remittances from the United States. This is evidenced by the data of  the RA Central Bank.

ArmInfo.The high growth of the mortgage portfolio by June 2021 by 37.2% per annum to 544.2 billion drams ($ 1.05 billion) supported the loan portfolio of the Armenian  banking system in 6.4% growth, exceeding the absolute value of 3.6  trillion drams ($ 6.9 billion). The growth of mortgages increased its  share in the total loan portfolio of banks from 11.7% last year to  the current 15.1%. This is evidenced by the data of the RA Central  Bank.

ArmInfo.After a long time, passenger transportation in Armenia under the conditions of the coronacrisis, grew by 2.6% per annum in January-May 2021 (from a  49.2% decline a year earlier), amounting to 40,904.7 thousand people.  This is evidenced by the data of the RA Statistical Committee.