ArmInfo. In 2020, the National Assembly of Armenia spent about 1 billion drams less on salaries and bonuses than in 2019, head of the legislative body Arnak Avetisyan  said on June 4 during a preliminary discussion of the annual report  "On the execution of the state budget of the Republic of Armenia for  2020. ".

ArmInfo.

ArmInfo.In the consumer market of Armenia in January-May 2021, inflation was recorded at 4.7%, against 2.5% inflation in the same period of 2020. According to the  Statistical Committee of the Republic of Armenia, this was provoked  by an increase in the prices of food products (including alcohol and  cigarettes) by 7.8% (against 5.6% a year earlier), non-food products  by 5% (against a decrease in prices by 0.5% a year earlier) and  tariffs for services - by 0.9% (against 0.4% a year earlier).

ArmInfo. In 2020, the office of the Prime Minister of Armenia spent 18.5 billion drams (about $ 38 million) or 71.2% of about 26 billion drams envisaged by the adjusted  program to finance 10 programs and 57 events, the acting Head of the  RA Ministry of Finance Atom Janjughazyan said on June 4 in the  parliament during the preliminary discussion of the annual report "On  the execution of the state budget of the Republic of Armenia for  2020".

ArmInfo.The Caucasian Power Transmission Network Program,  which provides for the construction of a power transmission line and  an Armenia-Georgia substation for the organization of parallel  synchronous operation of the energy systems of the two countries,  will start working after 2025 in the best case scenario.

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ArmInfo. The new forecast report of the Central Bank of the Republic of Armenia for 2021 is supplemented with an apocalyptic scenario, but the recorded development indicates  that the economy has begun to breathe.

ArmInfo.The Armenian and Russian sides will soon start discussing the issue of the extension of service life of the Armenian nuclear power plant until 2031. Deputy Minister of Territorial Administration of the Republic of Armenia Hakob Vardanyan  announced this in the parliament. The 

ArmInfo. The Iranian side is very interested in launching a free economic zone in Meghri. The issue has become especially urgent after the war in Artsakh, said Deputy  Minister of Economy of Armenia Varos Simonyan on June 3 in  parliament, responding to the question of MP from the Prosperous  Armenia faction Mikayel Melkumyan, how justified it is at present to  hold discussions with the Iranian side regarding the use of the  Meghri FEZ.

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ArmInfo. In 2020, the budget of the Ministry of Foreign Affairs of Armenia was increased by 1.6 billion drams compared to the initial plan - up to 17.1 billion drams  (approximately $ 35.6 million - the estimated exchange rate of the  Armenian dram to the dollar is 476.4 drams). This was announced on  June 3 by RA acting Minister of Finance Atom Janjughazyan in the  parliament during the preliminary discussion of the annual report "On  the execution of the state budget of the Republic of Armenia for  2020".

ArmInfo. In 2020, the EU allocated 68.7 million euros for budgetary assistance to Armenia, RA Acting Minister of Finance Atom Janjughazyan stated on June 3, in the  parliament during the preliminary discussion of the annual report "On  the execution of the state budget of the Republic of Armenia for  2020".

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ArmInfo.The company of the former Deputy Energy Minister and the son of the  former Prime Minister of Armenia received another tax benefit from  the government  Yerevan, June 3. ArmInfo. Naira Badalian.

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ArmInfo.On June 1 - International Children’s Day - Ardshinbank made a gift to the children of its employees by inviting them to watch “Olimpicos” the new animated movie at the Moscow cinema.

ArmInfo.A new financing will help expand access to finance for micro, small, and medium enterprises (MSMEs), with IFC and Evocabank joining forces to support businesses, protect jobs, and accelerate economic recovery in Armenia.

ArmInfo.Ameriabank announces a contest for the best design of bank cards, open to anyone – individuals and companies.

ArmInfo.Prospects for the development of geothermal energy in Armenia will be considered on June 3 at a conference dedicated to the results of the "Assessment of  geothermal energy resources and natural hazards in Armenia" research  project, prepared by a joint Armenian-American research group. The  project is funded by PEER Science of the US National Academy of  Sciences.