ArmInfo. The small prevalence of import growth rates (10.8%) over export (9.4%) sharply has  slowed down the growth of the foreign trade deficit of Armenia in January-  December 2019 compared to January-December 2018 to 12.6%. A year  earlier, in January-December 2018, the foreign trade deficit jumped  by 31.7% per annum against the backdrop of a sharp slowdown in export  growth from 25.2% to 7.8% with a slight slowdown in import growth  from 27.8% to 21.1%.

ArmInfo.In Armenia, the growth of economic activity in January- December 2019 has accelerated to 7.8% per annum, against a slowdown in 2018 to 5.8% and 7.7% in 2017.

ArmInfo.

ArmInfo. Regarding the situation around Lydian Armnia, the government of Armenia must take its decision. This was stated by Dmitri Gvindadze, Head of the  Armenian office of the European Bank for Reconstruction and  Development (EBRD) at a press conference on January 30.

ArmInfo.In 2020, the European Bank for Reconstruction and Development (EBRD) will try to implement about 15 projects in Armenia, the total cost of which will  be at least 100 million euros. Head of the Armenian office of EBRD  Dmitry Gvindadze said this at a press conference on January 30.

ArmInfo.

ArmInfo.

ArmInfo. On February 5, Lydian International shares will complete the delisting process and cease to be listed on the Toronto Stock Exchange. This is stated in  the official message of the company, received by ArmInfo.

ArmInfo.Work on a draft agreement on the import of petroleum products into Armenia continues and, in principle, is in the final stage at which it was at the end  of last year. Ambassador of Kazakhstan to Armenia Timur Urazaev  stated this in an interview with ArmInfo correspondent.

ArmInfo.In partnership with Haylend Converse Bank launched a project to attract online deposits through the platform www.haylend.com .

ArmInfo. Deputy Prime Minister of Armenia Mher Grigoryan is on a working visit in  Kazakhstan and in the city of Almaty, where he takes part in a meeting of the Council of the Eurasian Economic Commission.

ArmInfo.Funds raised from Ardshinbank's Eurobonds will be used to implement ambitious programs for large enterprises of Armenia that are the bank's customers. This  was stated in an interview to a television channel by the Chairman of  the board of "Ardshinbank" CJSC Artak Ananyan.  In this context, he  added that part of the funds will also be directed to stimulate and  increase the volume of mortgage lending, which, according to him,  will lead to lower interest rates. 

ArmInfo. Kazakhstan has had a lot of discussion with Armenia on the creation of joint cooperation within the framework of the Eurasian Economic Union.  Ambassador of  Kazakhstan to Armenia Timur Urazaev stated this in an interview with  ArmInfo correspondent.

ArmInfo.Representatives of Kazakhstan ministries and departments (Ministry of Internal Affairs, Customs Service, State Revenue Committee) conduct working  consultations with their Armenian counterparts in order to understand  the whole mechanism of re-exporting cars to the territory of the  Republic of Kazakhstan.

ArmInfo.This year, 247 billion drams are planned to be allocated from the state budget of Armenia for capital expenditures.  Prime Minister of Armenia Nikol  Pashinyan stated this at a government meeting on January 30.

ArmInfo.

ArmInfo. In Armenia, salaries of employees of penal correctional institutions will  increase by 30%. This decision was made at a meeting of the RA  Government on January 30.

ArmInfo. The EAEU, like any other integration union, cannot be a full-fledged without a single energy strategy and, accordingly, infrastructure. Alexey     Gromyko,   Chairman of the Gromyko Association for Foreign Policy Studies  (AFPS) and Director of the Institute of Europe of the Russian Academy  of Sciences expressed a similar opinion to ArmIn fo.

ArmInfo. It is necessary to completely abandon the allocation of state lands without  competitive procedures. The Prime Minister of the Republic of Armenia  Nikol Pashinyan stated this at a meeting of the RA Government on  January 30.

ArmInfo.  In Armenia, the procedure for conducting electronic trading will change. The decision on this was made at a meeting of the RA Government on January 30.   According to the Minister of Finance of the Republic of Armenia Atom  Dzhandzhugazyan, the change in the procedure for electronic trading  was the result of monitoring in procurement system. The purpose of  the presented document is to exclude cartel conspiracies. Often there  are times when a bidder who won the auction does not sign the  contract for one reason or another. In this case, the minister  continued, the second participant comes into force, having offered a  higher price for the service.