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.

ArmInfo. In Armenia, the production of aluminum foil for 11 months of 2020 exceeded the production volumes for the entire 2019. According to the data of the  Statistical Committee of the Republic of Armenia, in January-November  2020 the "Armenal" plant produced 32.608 tons of aluminum foil, while  for the whole of 2019 30.547 tons were produced.

ArmInfo. Electricity generation in Armenia in January- November 2020 amounted to 6990.5 million kWh, with a y-o-y growth of 1.8% (against a decline of 3.4% a  year earlier). In November alone, electricity generation increased by  1.9% to 632.6 million kWh.

ArmInfo. In the consumer market of Armenia in 2020, inflation was higher - 3.7%, than in 2019 - 0.7%. 

ArmInfo.By the end of the year, inflation in Armenia will not exceed 2-2.5%. On January 14, RA Minister of Economy Vahan Keropyan stated this in an interview with  journalists after the government session.

ArmInfo.There is an increase in prices for basic necessities in Armenia. Chairman of the "Consumers' Consulting Center" NGO Karen Chilingaryan on January 14,  at a meeting with journalists, stated.

ArmInfo."My optimism regarding the economy has not changed. My goal is double-digit economic growth," Minister of Economy of Armenia Vahan Keropyan told  reporters on January 14.

ArmInfo.In Armenia, economic activity in January-November 2020 deepened the decline to 7.2% per annum, against the backdrop of an accelerating decline in imports and a slowdown in exports. In November 2020 versus November 2019,  economic activity decreased by 10.3%, with an almost similar 10.2%  decline in November 2020 alone, after an October decline of 4.9%.

ArmInfo.The industrial sector of Armenia reduced production volumes in January-November 2020 by 0.2% (against an increase of 9.3% a year earlier), amounting to  1.8 trillion drams ($ 3.7 billion). According to the data of the  Statistical Committee of the Republic of Armenia, such dynamics is  due to the worsening trend in the manufacturing- from growth to  decline, and a slowdown in the y-o-y growth rates of the mining  sector.