ArmInfo. In Armenia, the share of electronic CMTPL (e- CMTPL) certificates of insurance in the total number of contracts increased 3-fold by August 2020 - up to 13% from 4% a year earlier.

ArmInfo.The Union of Miners and Metallurgists of Armenia expresses concern over the serious negative consequences of irresponsible illegal actions in relation to the mining industry - one of the foundations of the domestic economy.  This is stated in the statement of the Union received by ArmInfo.

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ArmInfo. The implementation of the agricultural risks insurance program, which practically began at the end of last year, has shown its effectiveness and even to a certain extent exceeded the expectations of insurers. Specialist in  agricultural insurance, Head of the Underwriting Department of "INGO  Armenia" insurance company Levon Kocharyan said  in an interview with  ArmInfo.

ArmInfo.The reformed toolkit of state aid to winegrowers in Armenia is primarily aimed at smooth procurement of grapes.

ArmInfo.Armenia's GDP decreased in the first half of 2020 by 7.1% per annum (against 8% growth a year earlier), amounting to 2.5 trillion AMD ($ 5.3 billion). However, in  the Q2 of this year GDP nevertheless demonstrated growth, but  stagnant - 0.4% with the exit from the 38.7% decline in the Q1, which  however significantly yielded to the quarterly growth a year ago  (20.6% in the Q2 of 2019).

ArmInfo. We are happy to announce that Converse Bank has been awarded with the “Euro STP Excellence Award 2019” by Commerzbank AG  for operational excellence in processing of international transfers via SWIFT both quantity and quality-wise.

ArmInfo. The national debt of Armenia, having increased by 8.4% in January-July 2020 (against growth by 0.9% a year earlier), exceeded the level of $ 7.9 billion (3.9 trillion AMD).

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ArmInfo.Asian Development Bank to provide Armenia with $ 2 million for the implementation of the grant COVID-19 response programs. At a meeting on August 20, the government  of the country approved a draft of the corresponding agreements with  the Bank.

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ArmInfo. The government discussed the activities of the Cadastre Committee for 2019 and the first four months of 2020 under the chairmanship of Armenian Prime Minister Nikol Pashinyan.

ArmInfo.RA Prime Minister Nikol Pashinyan today held a video call with Asian Development Bank President Masatsugu Asakawa, the press service of the RA Prime Minister reports.

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ArmInfo.Despite the imbalances and risks that create some additional difficulties, Armenia's banking system in the presence of a significant capital  adequacy buffer and excessive liquidity, will continue to function  stably in the medium term under any scenarios of the development of  the coronavirus crisis.