ArmInfo. There is currently a surplus in the Armenian egg market, Chairperson of the Competition Protection Commission (CPC) Gegham Gevorgyan said at a government  meeting on March 3, assuring that there are enough stocks to not fix  price fluctuations on the eve of Easter.

ArmInfo.Armenia is starting field work on the Armenian section of the Yeraskh - Julfa - Ordubad - Meghri - Horadiz railway. The corresponding decision was made on  March 3 at the meeting of the RA government.

ArmInfo.On March 3, the Government of Armenia approved the decision "On the application of temporary restrictions on the export to third countries of copper concentrate, molybdenum concentrate, ferromolybdenum, as well as products from  molybdenum (with the exception of the HS code:  8102970000:  Molybdenum waste and scrap) from the Republic of Armenia, on the  establishment of a licensing procedure export, forms of license  applications and licenses".

ArmInfo. 0.1% inflation was registered in the consumer market of Armenia in February 2022, with a y-o-y inflation of 6.5%, against 0.6% inflation in February 2021 with  a y-o-y inflation of 5.3%. This is evidenced by the data of the RA  Statistical Committee.

ArmInfo. In light of the sanctions against Russia, the Ministry of Economy of Armenia intends to intensify efforts to diversify exports, in particular, to increase  the volume of supplies to the Iranian, Arab, and Chinese markets.  Armenian Minister of Economy Vahan Kerobyan stated this to  journalists during a briefing in the government.

ArmInfo. Armenia's Premier Nikol Pashinyan, at a Cabinet meeting on Thursday, explains the reasons for raising gas tariffs.  

ArmInfo.Armenia's government is launching a pilot programme of supporting stockbreeding investment projects. 

ArmInfo. Armenia and Catalonia are considering opportunities of cooperation in the IT field.

ArmInfo.Global Finance reputable magazine has published the list of winners of the World’s Best Investment Banks 2022 Award, naming Ameriabank the “Best Investment Bank in Armenia” for the seventh year in a row.  

ArmInfo.The Inland Transport Committee of the United Nations Economic Commission for Europe (UNECE) will provide expert assistance to Armenia in improving  professional skills in the field of transport. This became known  following the participation of Deputy Minister of Territorial  Administration and Infrastructures of Armenia Armen Simonyan in the  84th session of the UNECE Inland Transport Committee in Geneva.

ArmInfo.The rise in the value of the United States dollar and, accordingly, the devaluation of the national currency is the result of an emotional shock that does not  contain anything fundamental. Deputy Prime Minister of Armenia Mher  Grigoryan expressed this opinion on March 2 during the Government  Hour in Parliament.

ArmInfo.At the moment, the termination of the GSP+ trade preference regime has not led to significant consequences for the textile industry in Armenia.   Representatives of the textile enterprises of the Lori region  , and made a similar statement at the  meeting with Deputy Minister of Economy of Armenia Rafael Gevorgyan,.

ArmInfo.Children of Armenia Fund (COAF) and the Embassy of Japan in Armenia signed the Grant Agreement for the "Project for Provision of Public Bus in Lori  Province" on March 01, providing grant aid of $90,000+ to promote  more sustainable transportation in Armenia's Lori region through a  new, disabled-friendly bus, an expanded network of transport routes,  and the renovation of poor transportation infrastructure.

ArmInfo.

ArmInfo.The placement of AMD bonds under abbreviation AMANLBB2GER8 through a public offer was finished earlier than planned.

ArmInfo. Chairperson of the Competition Protection Commission Gegham Gevorgyan on March 1 in the National Assembly refuted the information about the presence of  Azerbaijani gasoline in Armenia. At the same time, Gevorgyan admitted  that there are problems in the gasoline market.  

ArmInfo. The Russian-Ukrainian war and sanctions against the Russian Federation have caused great volatility in the region's financial markets. In terms of the  possible impact on Armenia's economy and financial system, the  Central Bank has collected possible potential questions and tried to  answer them. This is mentioned in the message of the Central Bank of  Armenia, presenting the answers to the 8 most important questions.

ArmInfo. A special working group has been established within the Ministry of Economy of the Republic of Armenia to provide support to businesses, which are  planning to move to or set up new businesses in Armenia. This is  stated in the official statement of the department.

ArmInfo.Within the period of 21-25 February an IAEA Expert Mission on the Nuclear Security Culture Self-Assessment was held at the Armenian NPP with the assistance of the RA Committee for Nuclear Safety Regulation.    As the official website of the ANPP reports, the objective of the  mission was the familiarization with the results of the security  culture self-assessment conducted at the ANPP. The self-assessment  was included in the RA Plan of activities aimed at enhancement of the nuclear security in compliance with the IAEA Integrated Nuclear Security Support Plan (INSSP).  

ArmInfo. It is first of all export diversification and boosting domestic production that can compensate Armenian businesses for their financial losses caused by the Russian  rouble depreciation, Gagik Makaryan, President of the Republican  Union of Employers of Armenia (RUEA), told ArmInfo.