ArmInfo. "We have big problems in the water supply sector. And this is the area where we must show  political will and make decisions," Prime Minister Nikol Pashinyan said on February 1 at a cabinet meeting, pointing out that the authorities' efforts should be aimed at providing people with water,  and not at curbing prices.

ArmInfo.

ArmInfo.Armenia's gross international reserves (GIR) decreased by 12.3% or $504.1 million in 2023 to $3.608 billion, while in 2022 it increased by 27.3% or $881.8 million to $4.112 billion dollars. GIR's quarterly dynamics also worsened - up to a 13.4% decline in Q4 from 6.6% growth in Q3, according to the data from the Central Bank of the Republic of Armenia.

ArmInfo.RA Prime Minister Nikol Pashinyan visited the State Property Management Committee of the  Ministry of Territorial Administration and Infrastructure to discuss the Committee's activity report for 2023, the presss ervice of the Armenian PM reports.

ArmInfo.

ArmInfo.The management of the Fly Arna airline was not the responsibility of the Armenian National  Interests Fund (ANIF) but of the operator, in this case Air Arabia. Minister of Finance of the Republic of Armenia Vahe Hovhannisyan stated on January 31 at the final press conference, commenting on the developments around the national carrier, as well as the efficiency and expediency of the public funds spent by ANIF.

ArmInfo.

ArmInfo.

ArmInfo. According to preliminary estimates, Armenia's national debt reached 48.4% of the  GDP by the end of 2023 against 49.2% the previous year, Minister of Finance Vahe Hovhannisyan told a press conference. 

ArmInfo.The Armenian government intends to resolve issues related to foreign trade in strategic goods.

ArmInfo.A weak deflationary impact on the Armenian economy is expected from the external sector. Governor of  the Central Bank of the Republic of Armenia, Martin Galstyan, stated on at a press conference January 30, presenting the rationale for today's reduction in the refinancing rate by 0.5 pp - setting it at 8.75%.

ArmInfo.A certain cooling of the overheating in the Armenian labor market is due to the employment of some of our compatriots forcibly displaced from Artsakh, as well as labor migrants arriving from other countries.

ArmInfo.At its meeting today, the Board of the Central Bank of Armenia decided to reduce the refinancing rate by 0.5 pp, setting it at 8.75%.

ArmInfo.The Fly Arna airline has officially suspended flights.  

ArmInfo. Since January 2023, a total of about 16 thousand labor migrants from India have arrived in Armenia. Deputy Governor of the Central Bank of Armenia (CBA) Armen Nurbekyan said, presenting a report on the country's macroeconomic environment at the Amundi-Acba Economic Forum 2024.

ArmInfo.At the end of 2023, the list of 1000 largest taxpayers of Armenia included 70 IT  companies, which in total replenished the state treasury by 75 billion drams, which exceeds the figure a year ago by 44% or 25 billion drams.

ArmInfo. The second Amundi-Acba Economic Forum 2024 was held in Yerevan on January 24, which brought together thought leaders, industry experts, and innovators to explore and discuss critical topics shaping the economic landscape.  Jean Mazedjian, CEO of Amundi-Acba Asset Management, mentioned during his greeting that, taking into account the results of last year's forum, it was decided to make the event  traditional and hold it every year.

ArmInfo. Six out of ten regions of Armenia experience almost no GDP growth. Chairman of the  Republican Union of Employers of Armenia, economist Gagik Makaryan said on January 29 during a discussion on the topic "Trends in the economic development of the Republic of Armenia in the context of the  economic distribution of large taxpayers."

ArmInfo. 95% of Armenian IT sector services are exported.  Chairman of the Republican Union of  Employers of Armenia, economist Gagik Makaryan announced during a press conference on January 29, organized by the Club of Economic Journalists.

ArmInfo. If in 2022 the list of 1000 largest taxpayers in Armenia included 8 mining organizations,  then in 2023 there were already 5 of them. Vardan Janyan, First Deputy General Director of Zangezur Copper-Molybdenum Combine CJSC (ZCMC), President of the Union of Miners and Metallurgists of Armenia  stated on January 29 b during a discussion on the topic "Trends in the economic development of the Republic of Armenia in the context of the economic distribution of large taxpayers" at the Club of Economic Journalists.