ArmInfo. The increase in the price of gasoline in Armenia observed in the previous month is due to price fluctuations in the producing country, as well as an increase  in logistics costs. The EU national expert on transport Ara Marjanyan  expressed a similar opinion to ArmInfo.

ArmInfo.On September 8, Ameriabank will start the primary placement of the next tranche of registered coupon non-documentary dollar bonds in the amount of $ 5  million.

ArmInfo. Information technology companies in Armenia will receive additional state  assistance in the amount of 888 million drams. At a meeting on  September 2, the RA government approved a draft decision, according  funds are being redistributed under the 17th program of anti-crisis  measures to neutralize the economic consequences of COVID-19.

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ArmInfo. 42 Chinese specialists of the Sinogidro Corporation arrived in Armenia to  participate in the construction of roads within the Tranche-3  investment program under the North-South project (Talin-Lanjik - 18.7  km and Lanjik-Gyumri - 27.5 km). The representative of the  <Sinogridro Corporation> company informed representatives of the  Ministry of Territorial Administration and Infrastructures of Armenia  about this.

ArmInfo.The Bureau of Auto Insurers of Armenia celebrates its 10th anniversary in September. By that date, the Bureau issued a progress report and presented in  figures the achievements on the main indicators. As ArmInfo was told  in the press service of the Bu Armenian Motor Insurers' Bureau, the  Bureau's long-term plans include membership in the international  Green Card system and broad cooperation within the framework of the  CIS countries. In the medium term, it is planned to liberalize  insurance premiums either with the establishment of maximum and  minimum thresholds, or without the need for them.

ArmInfo.After the coronavirus crisis, changes in the way the government works and the establishment of institutions, investments in the Armenian economy  will increase. Economist Vahagn Khachatryan stated this on September  2 during a press conference. However, he noted that large investments  should not be expected until peace is established in the region.

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ArmInfo.The economic downturn in Armenia is due to more internal factors than external ones. Economist, former mayor of Yerevan Vahagn Khachatryan expressed  a similar opinion during a September 2 press conference. In this  vein, he pointed to the sector of tourism, services, construction,  stressing that the influence of the latter was more significant. 

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ArmInfo. The Eurasian Economic Commission denies the reports of some Armenian media about the alleged conduct of an internal investigation into the member of  the board (minister) for internal markets, informatization,  information and communication technologies of the EEC Gegham  Vardanyan.

ArmInfo.The European Bank for Reconstruction and Development (EBRD) has launched an assessment today that aims to provide detailed guidance on legislative gaps to address an expected increase in businesses needing to use formal  restructuring procedures following the coronavirus pandemic.

ArmInfo.The Moscow Export Center plans to organize online business mission with representatives of Armenia. This was reported by TASS with reference to the press  service of the Department of Entrepreneurship and Innovative  Development of Moscow.  In addition to Armenia, according to the  source, it is planned to organize similar missions with  representatives of Israel, Sierra Leone and Senegal, Morocco,  Germany, Vietnam, Turkey, Saudi Arabia and Bahrain.

ArmInfo. Given the possibility of a second wave of COVID-19, this fall, new problems may arise in the economy due to the tightening of restrictions from the  commandant's office. Gagik Makaryan, Chairman of the Republican Union  of Employers of Armenia, expressed a similar opinion to ArmInfo.

ArmInfo. Lydian Armenia is ready for dialogue exclusively within the framework of the law. The company reports, that from September 1 in the area of the Amulsar  field the security services changed due to the expiration of the  contract with the previous security service.

ArmInfo.The government started to increase expenditure (especially capital expenditure) in March-June 2020. 

ArmInfo.Armenian winegrowers on September 1 in the city of Armavir protested,  demanding a revision of the pricing policy.

ArmInfo.In early September, Unibank and Armeconombank will start selling their new bond tranches - it will be two dollar tranches and one dram. This is evidenced by  the corresponding emission prospectuses.