ArmInfo.The United States Agency for International  Development (USAID) announced additional funding of $ 2.65 million to strengthen Armenia's  agricultural sector, including more targeted support for women entrepreneurs and the creation  of cooperatives.

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ArmInfo.Armenian GDP decreased in 2020 by 7.6% - to 6.2 trillion drams ($ 12.6 billion), against growth by 7.6% in 2019. This is evidenced by the data of the  RA Stat Committee.

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ArmInfo. RA Minister of Economy Vahan Kerobyan held a regular meeting with the members of the Union of Armenian Restaurants, listened to the questions and proposals raised by them, presented the work done by the Ministry after the first meeting and discussed new opportunities for cooperation. This was announced on February 22 by the press service of the department.

ArmInfo. Deputy Chairman of the Board of the Eurasian  Development Bank (EDB) Tigran Sargsyan during his speech at the opening of the seminar "Russia and Europe: New Challenges for Economic Cooperation and Overcoming the Pandemic" noted the importance and effectiveness of international digital solutions in the context of the global spread of the virus.

ArmInfo. In 2020, the volume of operations of the European Bank for Reconstruction and Development (EBRD) in Armenia amounted to a record 160 million euros, of which about 93% falls on the private sector. The head of the Yerevan office of the  Bank Dimitri Gvindadze stated this at the 18th regular meeting of the  Council of Small and Medium Enterprise Development held today.

ArmInfo.In 2020, only 7.3 thousand cars were imported to Armenia against 189 thousand cars at the end of 2019. Head of the Department of Customs Statistics and  Revenue Accounting of the State Revenue Committee (SRC) Mnatsakan  Sharafyan stated this on February 19 during a press conference.

ArmInfo.The American Chamber of Commerce of Armenia (AmCham) is interested in activating the Armenian-American business relations. Karine Sarkissian,  Executive Director of the American Chamber of Commerce in Armenia,  stated this during a meeting with representatives of the Ministry of  Economy, the State Revenue Committee and the business community of  Armenia.

ArmInfo.The international rating agency Moody's Investors Service confirmed the long-term rating of CJSC "Electric Networks of Armenia" at the BA2 level with a  stable outlook. The rating of the company is unprecedented both for  companies of Armenia and the region.  

ArmInfo.The Armenian delegation headed by the Minister of High-Tech Industry Hakob Arshakyan will take part in the International Defense Conference &  Exhibition, which will be held in the capital of the United Arab  Emirates - Abu Dhabi from February 21 to 25. RA Prime Minister Nikol  Pashinyan signed a decision on February 19 to send an Armenian  delegation to Abu Dhabi, the press service of the RA government said.

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ArmInfo. The volume of the leasing services  market in Armenia for 2020 increased by 56.1%. According to the  Financial Analytics Service of ArmInfo IC, during the last year the  volume of the leasing market increased to 47.6 billion AMD or $ 91.1  million.

ArmInfo. One of the largest  multi-site companies in Armenia, SIL Concern, has acquired RAN OIL,  which owns a wide network of petrol stations in Armenia.  The  official representative of the company Anna Mkrtchyan said this. She  noted that the deal is at the last stage of closing, the terms of the  deal have not been announced.

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ArmInfo. According to  forecasts, there should be no shortage of water during the spring  agricultural work in Armenia. RA Prime Minister Nikol Pashinyan  announced this on February 18 at a government meeting.