ArmInfo.The Ministry of Economy of Armenia has finally found an effective way for agricultural producers not to use medieval methods of work. Thus, the Armenian government decided to subsidize only those loans to harvesting companies that, before June 1, will conclude agreements with farms for the purchase of grapes and  other crops. Minister of Economy of Armenia Vahan Kerobyan stated  this at the RA National Assembly.

ArmInfo.Armenia has entered a stage of lending stagnation. Evidence thereof is a considerable increase in bank profits due to highly active foreign exchange and  securities transactions rather than due to the major income item,  lending.

ArmInfo. The marketing policy of Armenia in the field of tourism will focus on 4 directions and 5 markets. Minister of Economy of Armenia Vahan Kerobyan stated on June 1 during the discussion of the report on the implementation of the  budget for 2021 in parliament.  According to him, such a decision was  made due to limited marketing resources. In particular, natural and  cultural tourism, gastro and extreme tourism were identified as 4  directions.

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ArmInfo.As a result of daily work with the Russian side, by the beginning of the season it will be possible to reduce the tension at the Upper Lars checkpoint. Armenian  Minister of Economy Vahan Kerobyan stated this to journalists on June  1.

ArmInfo.he State Revenue Committee (SRC) of Armenia has repeatedly raised issues related to transactions with crypto assets and the presence of tax risks. This was stated in the Armenian Parliament by head of the department Rustam Badasyan,  answering the question of MP from the "Civil Contract" Tsovinar  Vardanyan.

ArmInfo. On August 13-24, Slice Academy Business Training School once again organizes a summer business school for 14-19-year-old teenagers.

ArmInfo.Since April, due to the transport collapse that has formed on the territory of Georgia, more than 35 factories for the production of alcoholic beverages have  actually been idle in Armenia. The reason is the impossibility to  import a complete set from Russia, and, accordingly, it is impossible  to export finished products there.

ArmInfo.Armenia is studying the Lithuanian experience in the process of introducing a health insurance system. This is stated in the official statement of the  Ministry of Health.

ArmInfo.The Armenian economy feels stable. This opinion was expressed by RA Minister of Economy Vahan Kerobyan in an interview with the First TV channel.

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ArmInfo.Armenia's gross international reserves in January-April 2022 decreased by 5% or $ 161.5 million to $ 3.068 billion, according to the Central Bank of  Armenia.Of these, the lion's share - $3.017 billion falls on external  assets in hard currency, and the share of SDRs in the IMF amounted to  $49.8 million. According to the report of the regulator, for  January-April of this year, foreign assets in hard currency decreased  by 5.6%, while the share of SDRs in the IMF increased by 51.5%.

ArmInfo. From 2024, residents of the Republic of Armenia will submit income declarations for 2023, and from July this year, it will be possible to sell or buy immovable or movable property only non-cash. Prime Minister of Armenia Nikol  Pashinyan stated this on May 31 during the discussion of the report  on the implementation of the RA state budget for 2021.

ArmInfo. An Iranian House of Innovation and Technology (IHIT) is to be established in Armenia with the aim of developing the export of Iranian knowledge-based products.  According to Tehran Times, Iran's vice president for science and  technology Sourena Sattari stated.

ArmInfo.Armenia still does not understand what  economic diplomacy is and how important it is for a country whose  industrial potential and services sector, due to the small scale of  the domestic market, should be export-oriented. Tatul Manaseryan,  Doctor of Economic Sciences, professor, head of the "Alternative"  research center, expressed such an opinion in an interview with an  ArmInfo correspondent.

ArmInfo. Despite certain problems, Yerevan can become a new address for the talented  Russian-speaking sector. RA Minister of Economy Vahan Kerobyan stated  this in an interview to the First TV channel.

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ArmInfo.To improve access to high-speed internet and support a strong digital economy in Armenia, Team Telecom Armenia raised a total of $45 million from international financial institutions, IFC and EBRD, and Ameriabank. Team Telecom Armenia will direct this funding for the construction of the region's best 25 Gb/s Next Generation Network in cities and villages of Armenia.

ArmInfo. Armenia's Ministry of Economy, with the "PSD TVET" Programme implemented by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH on behalf of the German Federal Ministry for Economic Cooperation and Development, plans to develop a furniture  production development strategy. The plans were announced following a  meeting between Armenia's Deputy Minister Rafael Gevorgyan with  representatives of Armenia's furniture trade.