No deceiving discount schemes - Commission for Protection of Economic  Competition 
 Tuesday, December 28 2021,

ArmInfo. The RA Commission for Protection of Economic Competition has initiated legislation to prevent deceiving price and discount schemes during the sales,  Commission Chairman Gegham Gevorgyan told reporters on December 28.  

Martin Galstyan: We must continue to be vigilant, because global  inflation is not going to retreat, and the coming year still poses  significant inflation risks and challenges
 Tuesday, December 28 2021,

ArmInfo. On the eve of the New Year, Governor of the Central Bank of Armenia Martin Galstyan made an appeal to the citizens and the business community of the country,  urging them to remain vigilant, since inflation in the outside world  is not weakening and 2022 contains tangible, as before, inflationary  risks and challenges.  So, as reported by the press service of the  Central Bank, Galstyan in his speech noted, in particular:

 Tuesday, December 28 2021,

ArmInfo.

The RA banking system has successfully overcome the challenges of the  pandemic, war and internal political crisis: Pashinyan
 Tuesday, December 28 2021,

ArmInfo.Prime Minister of Armenia Nikol Pashinyan took part in a reception organized at the Central Bank on the occasion of the New Year and Christmas. Nikol  Pashinyan congratulated the personnel of the Central Bank and the  banking sector of Armenia on the coming holidays, wishing them  success and all the best.  

Wildberries to build new logistics regional center in Armenia
 Monday, December 27 2021,

ArmInfo.Today, RAPrime Minister Nikol Pashinyan received Tatyana Bakalchuk, General Director/Founder of the Russian online platform Wildberries.

Robert Kocharian considers economic policy in Armenia a failure:   "This is a feast in time of plague"
 Monday, December 27 2021,

ArmInfo.One gets the impression that the Armenian government has confused the indicators of economic growth and inflation.

Armenia prepares strategy for social housing construction
 Monday, December 27 2021,

ArmInfo.Armenia hopes to resolve the housing shortage by developing a strategy for social housing construction and housing provision for the population. "We  have never had such a strategy before," said RA Minister of Labor and  Social Affairs Narek Mkrtchyan Narek Mkrtchyan on December 27 at the  final press conference.

In Armenia, economic activity increased by 5.2% in 11 months of 2021
 Monday, December 27 2021,

ArmInfo. In Armenia, economic activity in January-November 2021 increased by 5.2% per annum (against a 7.2% decline in the same period of 2020), while in the  pre- COVID period it has7.5% growth (in the same period of 2019). ).  This was observed against the backdrop of the exit of exports and  imports from the recession to double-digit growth, while in the  pre-COVID comparable period, the growth of these indicators was much  more modest. This is evidenced by the preliminary data of the RA  Statistical Committee.

 Friday, December 24 2021,

ArmInfo.

Agricultural insurance contracts show 3-fold increase in one year 
 Friday, December 24 2021,

ArmInfo.A total of 1,345 insurance contracts were signed in Armenia under the pilot  agricultural insurance programme, with 4,300 contracts signed this  year, Ira Panosyan, Head of the Department of Agricultural Programs  Elaboration, Resource Use and Cooperative Development, RA Ministry of  Economy, told reporters. 

Embargo on Turkish goods facilitates recovery of domestic leather  production - minister 
 Friday, December 24 2021,

ArmInfo. The embargo on the import of Turkish goods has facilitated the recovery of genuine leather production in Armenia, RA Minister of Economy Vahan Kerobyan reported in a Facebook message. 

Economist: The ban on Turkish imports need to be supplemented by  import substitution
 Friday, December 24 2021,

ArmInfo.The ban on Turkish imports to Armenia should not only be extended, but also supplementedby import substitution. Chairman of the Republican Union of Employers  of Armenia, economist Gagik Makaryan expressed a similaropinion to  ArmInfo.

With assistance from Russia, center of best practice on sustainable  housing and sustainable smart cities for CIS countries being  established in Yerevan 
 Friday, December 24 2021,

ArmInfo. The Executive Committee of the United Nations Economic Commission for Europe approved a project to improve the capacity of countries in Eastern  Europe, the Caucasus and Central Asia to develop policy  implementation strategies for sustainable housing and smart cities.  Official representative of the Russian Foreign Ministry Maria  Zakharova announced on December 24 during a weekly briefing.

On changes in tax payments of employed citizens of Armenia since 2022
 Friday, December 24 2021,

ArmInfo.egistered employees in Armenia will pay less income tax from 2022 than in 2021. At the same time, contributions to the compulsory pension system will grow.   Contributions to the "1000 AMD" Foundation will remain at the current  level.

EU to allocate EUR 4 million to develop quality of infrastructures in  Armenia
 Friday, December 24 2021,

ArmInfo.The Ministry of Economy of Armenia signed a program document with the United Nations Industrial Development Organization (UNIDO) on assistance to Armenia in the development of infrastructures. A total of 4.1 million euros  were allocated for the implementation of the project, of which 4  million euros falls to the EU and 100 thousand euros to UNIDO.   Minister of Economy of Armenia Vahan Kerobyan announced this on his  Facebook page.

Armenia increases export of horticultural crops by 38.5% over year
 Friday, December 24 2021,

ArmInfo.As of December 14, Armenia exported 201.8 thousand tons of fresh vegetables and fruits to foreign markets, which is 38.5% higher than a year ago, and 41.3%  more than in 2019.

Armenia to receive EUR 20 million loan from EBRD to modernize  Yerevan`s transport network 
 Thursday, December 23 2021,

ArmInfo. On December 23, the Armenian government approved the draft law on the ratification of the Yerevan Bus Program loan agreement signed on November 24 at the RA Ministry of Finance between the Republic of Armenia and the European  Bank for Reconstruction and Development (EBRD).

Armenia, Russia agree on gas price for next 10 years
 Thursday, December 23 2021,

ArmInfo. After almost two years of negotiations, Armenia and Russia have agreed on a gas price for the next 10 years. On December 23, the Armenian government approved  the proposal to sign a protocol on amendments to the "Agreement  between the Government of the Russian Federation and the Government  of the Republic of Armenia on the terms of purchase and sale of  shares and further activities of ArmRosgazprom closed joint stock  company dated December 2, 2013 ".

German government to allocate about EUR 116 million for social and  economic development of Armenia
 Thursday, December 23 2021,

ArmInfo.The German government will provide Armenia with 116 million 400 thousand euros for the social and economic development of the Republic of Armenia. On  December 23, the Armenian Cabinet of Ministers approved the draft law  "On ratification of the Agreement between the Government of the  Republic of Armenia and the Government of the Federal Republic of  Germany on financial cooperation for 2020".

Insurance Foundation for Servicemen: Unprecedented growth of the  Foundation`s beneficiaries is associated with the Artsakh war
 Thursday, December 23 2021,

ArmInfo.Since its inception, the Military Insurance Fund has provided financial  assistance to 4,660 beneficiaries, including soldiers who received  disabilities of groups 1 and 2 during the war and families, and died  or missing soldiers. Smbat Saiyan, Deputy Director of the Insurance  Foundation for Servicemen announced this during a press conference.

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