ArmInfo. The World Bank has improved its forecast for GDP growth in Armenia for 2023 from the  previous 4.1% to the updated 4.4% (against the actual 12.6% growth in 2022), expecting an acceleration in 2024 to 4.8% and up to 5%. in 2025). This is noted in the WB's Flagship Report on Global Economic Prospects for June 2023.

ArmInfo. Armenia has a high potential in the field of innovation and high technology. This was  stated by Executive Secretary of the United Nations Economic Commission for Europe (UNECE) Olga Algayerova during a meeting with the Minister of High-Tech Industry of Armenia Robert Khachatryan.

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ArmInfo.

ArmInfo.Banks in a number of countries, due to the risk of sanctions, began to block payments for the supply of  electronics for legal entities from Russia. Suppliers are trying to import electronics under other commodity codes and are looking for other payment methods. The Kommersant newspaper writes.

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ArmInfo. After the final decommissioning of the second power unit of the operating nuclear  power plant (NPP) in Metsamor, Armenia will not be able to provide  domestic electricity consumption without commissioning additional  generating capacities.

ArmInfo.An interdepartmental working group is being created in Armenia to discuss issues related  to the construction of a new nuclear power unit. The corresponding decision was signed by Armenian Prime Minister Nikol Pashinyan.

ArmInfo.The Sotk Gold Mine has ceased operations in the open section of the mine due to safety  concerns but continues to work in the closed part, Governor of Gegharkunik region Karen Sargsyan said on May 6 in an interview with journalists.

ArmInfo.The metallurgical works to be constructed in Yeraskh will produce ferrous metal, pipes,  fittings, and stiffener angles, the Ministry of Economy told ArmInfo. 

ArmInfo.Ozon plans to enter Armenia's market this autumn, TASS reports referring to Sergey Goncharov, Ozon Business Manager. 

ArmInfo.Armenia's Vice-Premier Mher Grigoryan held a meeting with Mr Jeffrey Couch, Lydian BOD  Member, Mr Hayk Aloyan, Executive Director of Lydian Armenia company, and Mr Justin Dibb, Chief Executive Officer, Allied Gold Corp. 

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ArmInfo.In August, the Russian market became one of the world's outsiders against the backdrop of powerful sales, but at the end of the month it managed to win back part of the losses. Which companies were in demand in August and which sectors will be in the focus of investors' attention in September - said Konstantin Tserazov, economist, former Deputy Head of Global Markets at Troika Dialog, in our interview.

ArmInfo.July 2013 turned out to be very nervous - the debt problems of the Eurozone and the United States created instability and uncertainty in the stock markets. Nevertheless, even against this background, the Russian market managed to look better than others. Konstantin Tserazov, economist, former Deputy Head of Global Markets at Troika Dialog, told what events affected the markets in July and what awaits domestic sites in August.

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ArmInfo.