ArmInfo. To implement grant programs in 2020, the Ministry of High-Tech Industry of the Republic of Armenia provides for 930 million drams. On April 8, Minister of  High Technology Industry Hakob Arshakyan announced this at a press  conference in the Unified InfoCenter.

ArmInfo.

ArmInfo.As of today, 290 thousand Armenian citizens have been granted credit holidays in the amount of 9.3 billion drams.

ArmInfo.If Russian gas fell in price, in general, then for Armenia it should become cheaper, in particular. A similar opinion was expressed by ArmInfo, an expert at  the Armenian Institute of International Relations and Security, Ruben  Megrabyan.

ArmInfo.On April 7, a meeting was held under the chairmanship of the Prime Minister of the Republic of Armenia, Nikol Pashinyan, during which the process of implementing credit programs in the agricultural sector was discussed.

ArmInfo. In January-February 2020, Armenia sharply increased the volume of aluminum foil production, while a year earlier over the same period the dynamics of  foil production showed a negative trend.

ArmInfo."If we begin to dictate prices, I assure you that in 5 minutes a" black "market will emerge," said Gegham Gevorgyan, Chairman of the State Commission for  the Protection of Economic Competition of the Republic of Armenia  (SCPEC), during a meeting of the Standing Committee on Economic  Affairs on April 7.

ArmInfo.

ArmInfo. Armenia intends to increase wine export volumes in the Canadian market. Deputy Minister of Economy Avag Avanesyan announced this on April 7 during a meeting of the NA Standing Committee on Economic Affairs.

ArmInfo. The idea of virtual fiscal operations will be introduced in Armenia, including through cash registers. On April 7, Deputy Minister of Finance of Armenia  Arman Poghosyan said this at a hearing in the parliamentary Committee  on economic issues.

ArmInfo.

ArmInfo. Some types of economic and business activity in Armenia are currently limited due to the new type of coronavirus pandemic. Armenian Ambassador to China Sergey Manasaryan stated this in an interview with China magazine, referring  to the impact of the pandemic on the Armenian economy and the  prospects for the implementation of new projects after the crisis.

ArmInfo.The Ministry of Finance of Armenia is preparing amendments to the law "On the Budget System". Minister of Finance of the Republic of Armenia Atom  Janjughazyan announced this on April 7 during a meeting of the  parliamentary Committee on economic issues.

ArmInfo. The gross international reserves of Armenia decreased in the Q1 of 2020 by 9.4% or $ 267.6 million, amounting to $ 2.582 billion. This is evidenced by the data  of the Central Bank of Armenia. Of these, the lion's share - $ 2.579  billion falls on external assets in hard currency, and the share of  SDR in the IMF amounted to $ 2.7 million.

ArmInfo."Taking into account the current situation, capital expenditures will continue to remain super-priority for the government," the Minister of Territorial  Administration and Infrastructures of the Republic of Armenia Suren  Papikyan said at a meeting of the RA NA Standing Committee on  Economic Affairs on April 7.

ArmInfo. Micro-loan advertising in Armenia may be limited to 200 thousand drams.  Amendments to the law "On consumer lending" and the package of  related laws were discussed at a meeting of the parliamentary  commission on financial-credit and budgetary issues.  Documents in  the prescribed manner will be considered at the plenary session of  the RA National Assembly.

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ArmInfo.The State Revenue Committee (SRC) of the Republic of Armenia presented contacts for feedback with the customs attache at the Armenian Embassy in Russia.   According to the press-service of the SRC RA received in ArmInfo,  from now on, contacts will be involved in maintaining feedback with  the customs attache at the Armenian embassy.

ArmInfo.The issue of gas prices has been the subject of political speculation for many years. On April 6, Prime Minister of Armenia Nikol Pashinyan stated this  during online questions and answers.