ArmInfo.

ArmInfo. Armenia plans to receive up to 7 million tourists annually by 2030. Such a statement was made on February 26 by Susanna Safaryan, Chairperson of the State  Committee for Tourism of the RA Ministry of Economy.

ArmInfo.The MPs of the Armenian parliament intend to limit the salaries of top managers of large energy companies. Amendments to the law "On Energy" were  discussed at a meeting of the parliamentary Standing Committee on  Economic Affairs on February 26.

ArmInfo.

ArmInfo.

ArmInfo. From January 1, 2022, a system of universal declaration of property and income will be launched in Armenia. This was announced on February 26 by Deputy  Minister of Finance of the Republic of Armenia Arman Poghosyan at a  meeting of the Standing Committee on Economic Affairs of the National  Assembly of the Republic of Armenia.

ArmInfo.

ArmInfo.

ArmInfo. On February 25, Deputy Prime Minister Mher Grigoryan received a delegation led by Regional Vice President of the International Finance Corporation  (IFC) Georgina Baker.

ArmInfo. The average market value of real estate in multi- apartment buildings of Yerevan in 2019 increased by 10.8%, amounting to an average of 315 thousand drams / 1 sq. m.

ArmInfo.The results of the student chemists’ tournament were summarized.Joint PR team of Yerevan State University and Mkhitar Heratsi State Medical University was acknowledged the winner of the tournament.

ArmInfo.

ArmInfo.On the initiative of the State Revenue Committee of Armenia (SRC) as a result of the liberalization of the process of introducing cash registers (CAC),  each business entity, in accordance with the requirements established  by the Government of the Republic of Armenia, can import cash  registers, develop software, implement and maintain these devices.  

ArmInfo.Ameriabank CJSC, Armenia’s largest bank, has been named the Best Bank Partner for Equipment Trade in Europe and Central Asia and the Best Issuing Bank in the Caucasus and Central Asia for 2019 by IFC, a member of the World Bank Group. This is the second consecutive time that Ameriabank is receiving the award for Best Issuing Bank in Caucasus and Central Asia.

ArmInfo.In Armenia, economic activity in January 2020 compared to January 2019 increased by 8.9%, and in January 2019 alone decreased by 47.8%, against last year's  y-o-y growth of 6.1% and the January decline of 46.9%. According to  preliminary data of the RA Statistical Committee, all the sectors  ensured y-o-y growth, with the energy complex and the industrial   sector in the lead.   In y-o-y terms (January 2020 versus January 2019), the energy complex  registered the highest growth- 18.7%, followed by industry - 13.4%,  services - 13.2%, trade - 10.3%, construction - 7 , 7%, while data on  the agricultural sector were not published. A year earlier (January  2019 against January 2018), the construction sector showed growth -  22.1%, the retail sector - 19.3% and the services sector - 15.6%,  while the industrial sector and the energy sector were in decline -  by 0.4% and 26, 3%, respectively. In January 2020, industrial  production decreased by 42.6%, services - by 29%, trade - 47.3%,  construction - by 86.8%, energy sector - by 5.1%, versus a downtrend  in January 2019 in these sectors, respectively, by 28.7%, 28.1%,  48.9%, 87.2% and 8.8% .  According to statistical data, the  industrial products price index increased in January 2020 by 1.1%,  with a y-o-y increase of 2.8%. A year earlier, in January 2019, the  industrial production price index decreased by 0.3%, with a y-o-y  decline of 2.6%. 

ArmInfo.

ArmInfo.

ArmInfo.Ameriabank, attaching importance to the development and continued growth of business in Armenia, is launching an offer for large taxpayers of the  country, under which they can receive an online loan / overdraft in  the amount of 2 million to 50 million AMD.

ArmInfo.

ArmInfo. Armenia is actively negotiating with China on the construction of a copper  smelting complex in the republic. This was announced on February 24  at a meeting of the RA National Assembly Commission on Regional and  Eurasian Integration by Chairman of the State Revenue Committee (SRC)  of the Republic of Armenia David Ananyan, who presented a draft  agreement on the exchange of information on goods and vehicles of  international transportation moving across the customs borders of the  Eurasian Economic Union ( EAEU) and the People's Republic of China  (PRC).