ArmInfo.The legislative package providing for amendments and additions to the law "On public-private partnership" and other related laws in the second and final reading  was approved by the parliament on June 30.

ArmInfo.The Central Bank of Armenia improved its forecast for GDP growth for 2021 to 4.6% (from 1.4% previously projected), relying on relatively high upward rates  in the industrial and service sectors. This is stated in the Central  Bank's Monetary Policy Program for the II quarter of 2021, published  at the end of June.

ArmInfo.Chaired by acting Prime Minister of Armenia Nikol Pashinyan, the government held a meeting on the current state of the RA state budget, the process of tax collections and the draft budget for 2022.

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ArmInfo.The Central Bank of Armenia improved its forecast for 2021 on foreign trade, expecting an increase in exports by 7-9% and imports by 5-7%, against the  previously forecast modestly rising 1-3% for exports and descending  2-4% for imports.

ArmInfo.The Central Bank of Armenia improved the forecast for the growth of the net inflow of private transfers for 2021 to 15-18% from the previous 7-9%. This  forecast is given in the Central Bank's Monetary Policy Program (MP)  for the II quarter of 2021, published at the end of June, where it  was noted that the forecast for GDP for 2021 was improved to a higher  growth of 4.6% from the previously expected 1.4%.

ArmInfo.Ardshinbank and Visa international payment system extend the card-to-card money transfers campaign for a month. In addition, they have improved the conditions offered to the winners.

ArmInfo.According to the new forecast of the Central Bank of Armenia, the unemployment rate in 2021 will decrease to 17.9% (from the actual 18.1% in 2020), which is due to higher rates of productivity growth. And in the medium term,  this indicator will decrease annually by 0.3-0.4 percentage points  and will reach 17.2% by the end of the period.

ArmInfo.Delegation of the Ministry of Economy of Armenia headed by acting Head of the department Vahan Kerobyan will take part in the international industrial exhibition  "Innoprom-2021" in the Russian Federation (Yekaterinburg).

ArmInfo. In the period from 2020 to May 31, 2021, the Insurance Foundation for Servicemen made payments in the total amount of 38.5 billion drams, of which 36.9  billion to the main beneficiaries, and 1.5 billion drams - within the  framework of the "Kamurj" program. This is stated in the official  statement of the Foundation.

ArmInfo.For the prompt solution of the problems of farms, the implementation of systematic work and the provision of institutional solutions in the agricultural field acting Prime Minister Nikol Pashinyan on June 29, during a meeting dedicated  to irrigation problems, instructed to create a working group.

ArmInfo.he EU Council today gave the go-ahead for the signing of three neighbourhood aviation agreements - with Ukraine, Armenia and Tunisia - as well as an air  transport agreement with Qatar, the press service of the Council  informs. 

ArmInfo. Acting Minister of Economy of the Republic of Armenia Vahan Kerobyan and Deputy Minister Narek Teryan took part in the Armenian-Iranian business forum  organized by Prom Expo and IPM companies.

ArmInfo.The hospitality and sense of humor of Gyumri residents are undeniable. And in many cases, these two characteristics become the basis for business in Gyumri and serve as a key to success

ArmInfo.IFC has appointed Ivana Fernandes Duarte as its new Regional Manager for the South Caucasus. Based in Tbilisi, she will be overseeing operations in Armenia, Azerbaijan, and Georgia. 

ArmInfo. Under the World Bank program "Development of Local Economy and Infrastructures", an 18 km long road connecting the Ararat and Kotayk regions (Garni- Lanjazat) has been repaired, which is of great tourism importance. According to  the official statement of the government, about 2 billion drams were  allocated for the implementation of road works on this section, which  connects the following tourist destinations such as Garni, Khor  Virap, Dvin and the Azat reservoir.

ArmInfo. The Government of Armenia, through the Ministry of Economy, proposes to launch the mandatory declaration of income of individuals from January 1, 2022. As stated in the Concept of Economic Policy developed by the Ministry of  Economy of Armenia, at the initial stage, persons who have received  income exceeding 12 million drams per year are subject to mandatory  declaration.

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ArmInfo.A more impressive growth in exports than imports increased the foreign trade deficit of Armenia in January-May 2021 by 13% per annum (against a decline of  18% a year earlier, with a decline in imports by 12.8% and exports by  8.1%).