ArmInfo.

ArmInfo. The RA Civil Aviation Committee has issued a licence to Pegasus Airline (Turkey) for Yerevan-Istanbul-Yerevan irregular commercial flights, an official  report reads. 

ArmInfo. For 2022, the Road Department Fund of the Ministry of Territorial Administration and Infrastructures is hatching ambitious plans for the volume of road  construction work. This was stated by Vahagn Stepanyan, Head of the  Program Management Division of the Road Department Fund.

ArmInfo.In the consumer market of Armenia in January-December 2021, inflation increased to 7.7% from 3.7% in the same period of 2020 (against inflationary 0.7% in the pre-COVID period of 2019).

ArmInfo.From January 1, 2022, Armenia will switch over to a new, liberal wholesale and retail electricity market model, reports the RA Public Services Regulatory Commission. On January 5, the Commission approved a number of amendments to the  relevant rules and standard contract forms. 

ArmInfo. Over the last two years, the ongoing global coronavirus pandemic has greatly impacted our customary way of life. However, every cloud has a silver lining – the pandemic has caused the humankind to make a leap into the future of digital reality, making this period at least a decade shorter.

ArmInfo. As reported by the State Revenue Committee of Armenia (SRC), since January 7, another 2 departments, the Ministry of Territorial Administration and Infrastructures, as  well as the Ministry of Economy have joined the Single Window  electronic system of the State Revenue Committee.  

ArmInfo.Andranik Grigoryan has been appointed as the CEO of Converse Bank, Chairman of Executive Management.

ArmInfo.

ArmInfo.

ArmInfo. Armenia's gross international reserves in December 2021 compared to December 2020 increased by 33% or by $ 748.5 million (against a 4.1% decline a year  earlier and a pre-COVID 14% decline), exceeding $ 3.026 billion. In  the structure of gross international reserves, foreign assets in hard  currencies dominate - $ 2.966 billion, and the share of SDR in the  IMF accounts for $ 59.9 million.

ArmInfo.The Government of Armenia transferred 15% of shares of Zangezur Copper-Molybdenum Combine (ZCMC) CJSC to the trust management of the Armenian National  Interest Fund (ANIF) CJSC. The corresponding decision was made at a  government meeting on January 5.

ArmInfo.

ArmInfo. The Turkish Pegasus low-cost airline applied to the Civil Aviation Committee of Armenia to obtain permission to operate Istanbul-Yerevan- Istanbul flights.

ArmInfo. More efficient operation of the Customs Service is important for enhancing Armenia's potential as a transit country, RA Premier Nikol Pashinyan stated on the  occasion of the 30th anniversary of the RA Customs Service.  

ArmInfo.From the 1st of January 202 Iran Airtour started operating flights on the route  Tehran -Yerevan - Tehran This is stated on the official Facebook page  of Armenia International Airports CJSC.

ArmInfo.Our leadership could well have bypassed the threat of the "Zangezur Corridor" by declaring the country open. Former Head of the Central Bank of Armenia,  economist Bagrat Asatryan, expressed a similar opinion to ArmInfo.

ArmInfo.

ArmInfo.Armenia's export pattern leaves to be desired, RA Minister of Economy Vahan Kerobyan stated in an interview on Wednesday.

ArmInfo.At the end of December, the EU Delegation to Armenia has signed three contracts with Kapan, Dilijan and Ijevan municipalities. These local  authorities were selected from Armenia under a call for proposals to  implement pilot projects in the framework of the Mayors for Economic  Growth regional facility, reads a report by the EU Delegation to  Armenia.