ArmInfo. Armenia and Iran  extended until 2030 an agreement on the supply of gas in exchange for  electricity. Minister of Territorial Administration and  Infrastructures of the Republic of Armenia Gnel Sanosyan announced  this on his Facebook page.  In particular, he noted that a memorandum  on cooperation between Armenia and Iran in the field of natural gas  was signed.

ArmInfo. Armenia will  complete 2022 with an inflation rate of 10%. Chairman of the Central  Bank of Armenia Martin Galstyan voiced a similar forecast during a  press conference on November 1. "We expect that inflation will be at  the level of 10% at the end of the year, even taking into account the  use of restraining mechanisms," he stressed.  At the same time, the  head of the Central Bank indicated that without the use of these  mechanisms, the inflation rate in the country would have reached 15%.

ArmInfo. The Board of the  Central Bank of Armenia, continuing to tighten monetary conditions,  from November 1 raised the refinancing rate by 0.5 percentage points  - from 10% to 10.5%. Head of the RA Central Bank, Martin Galstyan,  presented the rationale for this decision at the press conference  held on this issue.

ArmInfo.

ArmInfo.

ArmInfo. Iranian road minister voiced readiness  of Iranian firms for developing transportation between Iran and  Armenia and creating a new transit corridor between Armenia and the  Persian Gulf via Nordooz village in East Azarbaijan. This is reported  by the Iranian Mehr agency.

ArmInfo.

ArmInfo.

ArmInfo.Ardshinbank and Mastercard announce a new campaign and offer to make non-cash payments in one of the simplest, fastest ways – through Apple Pay, and get cashback.

ArmInfo.In an interview with Global Markets Magazine, Hovhannes Toroyan, Chief Financial Officer at Ameriabank CJSC, explains the Bank’s strategy and highlights some of the reasons for its success in the Armenia market.

ArmInfo.

ArmInfo.

ArmInfo. Almost all sectors  of economic activity in Armenia registered an increase in the number  of jobs. Armenian Minister of Economy Vahan Kerobyan stated this in  the parliament, answering journalists' questions.

ArmInfo.

ArmInfo. 50.5 billion drams  will be allocated from the state budget of Armenia to continue the  construction of the North-South international road corridor in 2023.   Deputy Minister of Territorial and Infrastructures of the Republic of  Armenia Vache Terteryan Administration stated this during the  hearings in the commissions of the National Assembly of the Republic  of Armenia on the draft state budget of the country for 2023.

ArmInfo. At the November 1,  2022 meeting, the Board of the Central Bank of Armenia (CBA) decided  to raise the refinancing rate by 0.5 percentage points, setting it to  10.5% , the press service of the Central Bank of Armenia told  ArmInfo,

ArmInfo. 64.9 billion drams  will be allocated from the state budget of Armenia for the needs of  the RA Ministry of Economy in 2023 financial year. This was stated on  November 1 at the budget hearings in the commissions of the National  Assembly of the Republic of Armenia by  head of the department Vahan  Kerobyan.

ArmInfo. Armenia is showing the initial signs of Dutch disease, says Vahram Mirakyan, Chairman of the Mantashyants entrepreneurs union.

ArmInfo.The draft state budget of Armenia for 2023 provides for economic growth by 7%. This was stated on October 31 by Chairman of the Central Bank of the  Republic of Armenia Martin Galstyan at parliamentary hearings during  the presentation of the draft state budget of Armenia for 2023.

ArmInfo.