ArmInfo.The original project implemented in the cutting and annealing department of the ARMENAL plant allows to improve the quality of products and reducing scrap. This result was achieved by changing the mode of the final annealing of the foil.   This is stated in the message of the plant.

ArmInfo. On November 25, Amriabank will start the primary distribution of a regular tranche of USD registered, coupon and non-documentary bonds, with the issue  amounting to $8mln, according to the prospectus available on the  website of the /central Bank of Armenia (CBA).

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ArmInfo.TSAYG TV is well known in Armenia.  According to Margarita Minasyan, the director of TSAYG LLC, the television in Armenia cannot ensure large financial flows, though needs large financial investments for development.  That was why the owners decided renovating the own real estate in the center of Gyumri to open a business center and to direct a part of revenues for the development of the TV company.

ArmInfo.Since 2018, under the subvention programmes and as direct financing, Armenia`s government has allocated nearly $400mln to communities` socio-economic  development, Prime Minister Nikol Pashinyan stated at the Nov. 18  cabinet meeting after the approval of allocation of about AMD  462.3mln to four communities under subvention programmes.  

ArmInfo.The Minister of Economy of Armenia assures that there is an investment interest in the Syunik region of the Republic of Armenia. "Perhaps next week the government will announce a large investment project in the Meghri free economic  zone," Kerobyan said at a November 18 briefing after a cabinet  meeting.

ArmInfo.Armenia is extending the tax exemption from VAT on imports of electric vehicles for two years, established in 2019. Corresponding amendments to the RA Tax  Code were approved by the government on November 18.

ArmInfo. On November 18, the Armenian government approved a program of activities of the executive body for 2021-2026.

ArmInfo. Russia is the largest exporter of direct investments in the post-Soviet area while Kazakhstan and Uzbekistan are the largest recipients of FDI from post-Soviet  countries. This is stated in the analytical report of the Eurasian  Development Bank (EDB), which has renewed its flagship analytical  project for monitoring mutual direct investments of 12 states (CIS  countries and Georgia).

ArmInfo. About $72.5 million (SDR 51.429 million) would become available to Armenia after the MF Board meeting approves SBA. 

ArmInfo. The forecast 6.5%  economic growth is most unlikely to be recorded, Armenia`s Minister of Finance Tigran Khachatryan stated in response to an MP`s question.   Babken Tunyan, an MP of the Civil Contract faction, noted lower  economic growth rates over the last few months. Cumulative economic  growth of 5.2% was recorded this Jan-July, 4.7% this Jan-Aug and 4.4%  this Jan-Sept. 

ArmInfo.On the occasion of the completion of modernization project and extension of the operation life of the 2nd nuclear reactor of the Armenian nuclear-power plant (NPP), Alexey Likhachev, General Director of the Rosatom state corporation, visited  the Armenian NPP on November 16, the Rosatom oofficial ebsite  reports. 

ArmInfo.Armenia`s government will allocated 9.8% of the 2022 state budget expenditures to serve the government debt, Minister of Finance Tigran Khachatryan stated in Parliament in introducing the 2022 draft budget. 

ArmInfo.The second reactor of the Armenian nuclear power plant (NPP) will be connected to Armenia`s power grid on November 17. This is the longest and most important planned maintenance. In an interview with ArmInfo, Ashot Martirosyan,  Chairman of the Nuclear Safety Committee, RA Government, told about  the work to extend the Armenian NPP`s operation life until 2026. 

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ArmInfo.The borrowed funds next year will be used exclusively to finance capital expenditures for development, Armenian Minister of Finance Tigran Khachatryan said  on November 17 in parliament presenting the draft law "On the state  budget of the RA for 2022"

ArmInfo.The National Assembly of Armenia on November 17 in the second and final reading adopted the government's bill on the gradual abolition of the income tax refund  system on mortgage loans in Yerevan.

ArmInfo. The RA Ministry of Economy and the UN Industrial Development Organization (UNIDO) have signed the Country Programme for Inclusive and Sustainable Industrial Development for 2022-2026, RA Minister of Economy Vahan Kerobyan reported on his Facebook page. 

ArmInfo.Prime Minister of Armenia Nikol Pashinyan received the representatives of ServiceTitan, Vineti, Robomart, Krisp, SuperAnnotate, Podcastle companies operating  in the field of information technologies, the press service of the  Premier reports.

ArmInfo.From February 2022, part of the energy market in Armenia will be liberalized. This was stated by the Chairman of the Public Services Regulatory Commission  Garegin Baghramyan on November 16 at a meeting in the National  Assembly, answering a question about the fate of small hydroelectric  power plants.