ArmInfo.

ArmInfo. The system of guarantees for loans attracted by Armenian citizens will undergo institutional changes. The RA National Assembly at the January 19  sitting in the second and final reading introduced amendments to the  Civil Code, proposed by the NA deputy from the "Enlightened Armenia"  faction Arkady Khachatrian.

ArmInfo.. In foreign trade Armenia's leadership is held by Russia with volume in  January-November 2020 over $ 1.9 billion, despite the reversal of  annual dynamics from 12.6% growth by 2.8% decline.

ArmInfo. In the fall of 2021, it will be possible to fully use the new unit of the Yerevan  TPP with a capacity of 250 MW. This was stated by the CEO of the  Italian company "Renko" Giovanni Roubini during a meeting with Deputy  Prime Minister Tigran Avinyan.

ArmInfo.Armenia's foreign trade turnover with the EU countries in January-November 2020 lingered in a downtrend with an acceleration of y-o-y rates from 7.6%  to 22.8%, amounting to $ 1.15 billion.

ArmInfo.Armenia's foreign trade turnover with the EAEU countries in January-November 2020 compared with the same period of 2019 decreased by 2% (against 12.8% growth a year earlier), amounting to $ 2.03 billion.

ArmInfo.Armenia's foreign trade turnover in January-November 2020 amounted to 3.1 trillion. drams ($ 6.4 billion), having fallen by 12.4% per annum. According to  the data of the Statistical Committee of the Republic of Armenia, the  reduction in import volumes turned out to be more significant - by  15.9% to 1.98 trillion. drams ($ 4.1 billion) than exports - by 5.2%  to 1.1 trillion drams ($ 2.3 billion).

ArmInfo. The Central Bank of Armenia applied a penalty against the universal credit company "MOGO" LLC ("MOGO") for the amount to be returned. This is stated in the  message of the press service of the Central Bank, where it is  indicated that the audit was carried out by the Department of the  Central Bank of the RA for financial supervision and licensing.  

ArmInfo.2021 should be the year of recovery of the economic ambitions of the Armenian government.  RA Prime Minister Nikol Pashinyan announced on January  15 at a meeting dedicated to macroeconomic indicators for 2022.

ArmInfo. On January 19, Ameriabank will start placing the next AMD tranche of registered, coupon and non-documentary bonds in the amount of 5 billion AMD. This  is indicated in the issue prospectus of this issue posted on the  website of the Central Bank of Armenia, according to which the  placement is planned to be completed on February 26, 2021.

ArmInfo.The installation of international fiber-optic communication lines and transit flows on route Ymamnazar (Turkmenistan) – Aqina (Afghanistan) and Serhetabat (Turkmenistan) - Torghundi (Afghanistan),  has also took place during the inauguration ceremony of electric power transmission line along Kerki – Sheberghan route and the 30 km long railway line between Aqina-Andkhoy stations today.

ArmInfo. Freight traffic in Armenia in January-November 2020 compared to the same period in 2019, increased by 1.9% - to 13 523.7 thousand tons (against a 50.7%  decline a year earlier). This is evidenced by the data of the RA  Statistical Committee.  According to statistics, of the total volume,  65.9% or 8 921.3 thousand tons falls on road transport, which is 2.5%  more than a year ago.

ArmInfo.. In the trade sector of Armenia, the turnover in January-November 2020 against the same period of 2019 decreased by 13.5% (against growth by 9.2% a year  earlier), amounting to 2.5 trillion. drams ($ 5.1 billion). According  to the RA Statistical Committee, in November 2020 alone, the trade  turnover in Armenia increased by 1% (after a 13.4% decline in  October), amounting to 240.8 billion drams ($ 482 million).

ArmInfo.Revenue in the communications sector of Armenia in January-November 2020 amounted to 129.7 billion drams, having decreased by 3.4% year on year (against  0.9% growth a year earlier). This is evidenced by the data of the RA  Statistics Committee.

ArmInfo.

ArmInfo. As of January 1,  2021, 724 721 subscribers are connected to the gas distribution  network of Armenia, of which 387 885 are in multi-apartment  residential buildings (apartments), 336 836 are in private houses.  This was reported by the press service of "Gazprom Armenia" CJSC.

ArmInfo. The maximum volume  of natural gas was injected at the Abovyan underground gas storage  (UGS) station in accordance with its design capacity. This was  reported by the press service of "Gazprom Armenia" CJSC.

ArmInfo.3.7% inflation in the consumer market of Armenia in January-December 2020 was accompanied by a devaluation of the dram against the dollar by 8.5%, while a year  earlier in the same period inflation in the consumer market was only  0.7% with the revaluation of the dram against the dollar by 1.3%.

ArmInfo.

ArmInfo.The metallurgical industry of Armenia for 11 months of 2020 increased production volumes by 1.7% per annum, against 21.4% growth for the same period  of 2019. This is evidenced by the data of the RA Statistical  Committee.