ArmInfo. The European Investment Bank (EIB) will provide Armenia with a loan of 25 million  euros for the implementation of the second stage of the program to improve the energy efficiency of buildings and structures in Yerevan.

ArmInfo.Today, April 5, a trilateral meeting will take place in Brussels between Prime Minister  Nikol Pashinyan, US Secretary of State Antony Blinken and President of the European Commission Ursula von der Leyen, at which economic issues will be discussed.

ArmInfo. A regular Cabinet meeting took place today, chaired by Prime Minister Nikol Pashinyan, the  press service of the RA Government reports.

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ArmInfo. On April 4, at a regular meeting, the Government of Armenia approved the RA draft law "On the  ratification of the Framework Agreement "On the International Solar Alliance Fund". 

ArmInfo.The 1.2% deflation in the consumer market of Armenia in March 2024 compared to March 2023  (compared to the 5.4% inflation recorded a year ago) was caused by the drop in food prices. In Q1 2024, inflation was slightly lower than last year's quarterly level - 0.2% versus 0.8%, which was the result of cheaper non-food products. 

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ArmInfo. It is expected that the development of the Amulsar mine will begin at the end of this year or the beginning of next year.  Babken Tunyan, vice-chairman of the NA Economic Affairs Committee, said on April 3 during the discussion of the project to establish a state duty for the export of gold, platinum and palladium ingots.

ArmInfo. Armenia intends to introduce a state duty on the export of gold, platinum and palladium bars. It will be approximately 0.8-1% of their market value. Deputy Minister of Economy Narek Teryan stated at a meeting of the NA Standing Committee on Economic Affairs on April 3 during the discussion of amendments to the law "On State Duty".

ArmInfo.The Government of Armenia has proposed a new mechanism to encourage conscientious  taxpayers. At a meeting on April 3, the RA National Assembly Commission on Economic Issues issued a positive conclusion on the amendments to the Tax Code presented by the government of the country.

ArmInfo. Avanesov. Armenia is being squeezed out of the North- South megaproject, giving way to  Azerbaijan, Doctor of Political Sciences, Professor of the Russian- Armenian University, President of the Institute of Energy Security (Armenia) Vahe Davtyan in his article.

ArmInfo.On March 30 of this year, the “Face-to-Face: Dialogue of Generations Regional Forum” took place in Vardenis, bringing together hundreds of young people from the regions of Armenia.

ArmInfo. The State Revenue Committee (SRC) of Armenia proposes to tighten the rules for  duty-free import of goods for personal use into the country on foot, establishing more stringent standards than those determined by the Eurasian Economic Commission. "Not only small businesses, but all of  us will be subject to restrictions," Eduard Badalyan, an expert at the human rights organization "Citizen-Taxpayer-Business", said in an interview with ArmInfo.

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ArmInfo.The Board of the Central Bank of Armenia has given preliminary consent to the acquisition of a significant participation in the authorized capital of Ameriabank CJSC by Bank of Georgia Group PLC (BOGG) and Bank of Georgia JSC.

ArmInfo.There is no limit to the number of beneficiaries of the Artsakh employment program in  Armenia. This was stated by Deputy Minister of Labor and Social Affairs of Armenia Ruben Sargsyan during a press conference on April 1.

ArmInfo.Ameriabank has been named the Best Bank in Armenia by Global Finance magazine in its 31st annual awards for the World’s Best Banks. Winners have been chosen in nearly 150 countries, territories and districts in the world with consideration of criteria such as growth in assets, profitability, geographic reach, strategic relationships, new business development and innovation in products as well as the opinions of equity analysts, credit rating analysts, banking consultants and others involved in the industry.

ArmInfo. From April 1, 2024, the threshold for duty-free import of goods in Armenia will be lowered to  200 euros (about 85 thousand drams) against the current 200 thousand drams, reports the press service of the State Revenue Committee of the Republic of Armenia.

ArmInfo. Armenia's Ministry of and Social Affairs has released a list of banks participating in a 10%  cashback programme for pensioners. 

ArmInfo. The food safety inspection body of the Republic of Armenia will carry out supervisory  measures at the Ararat Brandy Factory LLC, in connection with a letter received from the Ministry of Health of Belarus, which states that violations of the requirements of the EAEU technical regulations  have been identified in the products produced by the enterprise.