ArmInfo. Armenia's government will grant tax benefits to the Multi Tobacco company owned by Gagik Tsarukyan, Chairman of the Prosperous Armenia party. The company will be exempted from duties on the import of manufacturing equipment and  spare parts, raw materials under an investment programme in a  priority field. 

ArmInfo.Under the 2023 draft budget, AMD 23bln (about $56mln) will be allocation to subvent programmes in Armenia's regions (the AMD/USD exchange rate is  404.74/$1), Armenia's Premier Nikol Pashinyan stated at a Cabinet  meeting on Thursday. 

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ArmInfo. For the fifth consecutive year, HSBC Bank Armenia CJSC (hereinafter HSBC Armenia/Bank) has been recognized as the “Market Leader” for Corporates by Euromoney Cash Management Survey. The Bank has also been named as the “Best Service Bank” for Corporates.

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ArmInfo. The economy cannot  grow above its potential for a long time. This was stated on November  1 by Chairman of the Central Bank of Armenia Martin Galstyan,  answering a question from an ArmInfo correspondent during the press  conference regarding the next increase of the refinancing rate (from  10% to 10.5%).

ArmInfo. Speaking about the  revaluation of the dram in a negative context related to exporters,  we should not forget about business entities that, thanks to the low  exchange rate, managed to modernize production capacities at  favorable prices. On November 1, answering the question of an ArmInfo  correspondent, head of the Central Bank of Armenia Martin Galstyan  said.