Thursday, April 2 2020 15:32
Alina Hovhannisyan

RA Government approved 4 investment projects

RA Government approved 4 investment projects

ArmInfo. At today's meeting of the RA government, 4 investment projects were approved. <4 investment projects is a good sign. We need to transform the high economic impulses existing in the pre-coronavirus period into future positive  expectations that can be realized only by working'', RA Prime  Minister Nikol Pashinyan said.

In particular, by a unanimous decision of the Government of the  Republic of Armenia, Alfa Renaissance, Epsilon Invest and Ariko-Gor  enterprises were exempted from customs duties for investments in  priority areas, and MichelSergani received a delay of VAT payments  for 3 years.

As presented by the Minister of Economy of the Republic of Armenia  Tigran Khachatryan, Alfa Renaissance LLC has been operating in the  Ararat region since 2014 and has been producing paints.  <It is  envisaged to invest 40 million drams for the purchase of equipment  for the production part. As part of this application, the company  intends to import raw materials worth 592 million drams, the  exemption for customs duties will be 47 million drams>, Khachatryan  said. According to him, using imported raw materials, the volume of  production, which will be fully implemented in the territory of the  Republic of Armenia, will make 730 million drams. At the same time,  the enterprise plans to open 5 new jobs with an average salary of 150  thousand drams. Today, according to the minister, 16 people work in  Alfa Renaissance. Referring to the data provided by the company,  Tigran Khachatryan noted that in 2018, the latter paid 16 million  drams of taxes to the state treasury.

Regarding the Epsilon Invest textile company, the minister said that  it is planned to invest 210 million drams for the purchase of raw  materials. The privilege on the exemption of customs duties is 10.5  million drams, the expected decrease in state budget revenues is 128  thousand drams. Currently, the staff consists of 3 people, and within  the framework of the investment project, it is planned to open 2 more  jobs with a salary of 110 thousand drams. The production volume  expected under the project will be 210 million drams, of which 150  million drams will be sold in the domestic market, and 60 million  drams in the Russian Federation.

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Government Bonds

Issue volume

10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

Volume of satisfied bids

200 million

Yield at cut-off price

 5.8314%

Maximum yield

 5.8314%

Мinimum yield

 5.8314%

Weighted average yield

 5.8314%

Number of participants

2

The maturity date of T-bills

03.02.2020

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СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000