The former Georgian president had been refusing food for 50 days to protest against his detention. He is now receiving treatment at a military hospital.

Armenia's GDP growth is expected to reach 5.5 percent in 2021 and 5.25 percent in 2022, while inflation is projected to moderate in 2022 from its recent highs.

TBC Bank reported a net profit of 610.5 million lari ($197 million) in the first nine months of this year from 221.8 million lari in the same period last year.

The Energy Ministry said that oil production was still below 718,000 bpd produced in October 2018, when members of OPEC+ agreed to reduce oil production gradually.

Oil and gas condensate production declined 0.3 percent from January to October from a year earlier to 28.8 million tonnes, while natural gas output increased 17 percent to 35.8 bcm.