Monday, June 6 2022 18:16
Alina Hovhannisyan

Declan Murphy gives recommendations on investment policy of Armenia

Declan Murphy gives recommendations on investment policy of Armenia

ArmInfo.Declan Murphy, a well-known expert in the field of investment strategies, visited the Ministry of Economy of Armenia, where he held discussions with the  deputy head of the ministry Ani Ispiryan.

According to the message of the Ministry of Economy, published on the  Facebook page, the meeting was held to discuss the investment policy  of the state. In particular, during the conversation, the  interlocutors touched upon the issues of improving the investment  environment of Armenia, increasing its recognition in order to  attract new investment inflows, and also touched upon the regulations  in force in the tax and other areas.

It should be noted that the expert contributed to the strengthening  of business, investment and educational relations between many  countries.

According to the RA Statistical Committee, the volume of total  foreign investment (all types and forms of investment, ed. note) in  the real sector of the Armenian economy increased by 54% in 2021  (against a 39% decline in 2020), reaching $2.8 billion total foreign  investment in 2021 accounted for 29% (against 26% in 2020) or $798  million, which is 71% higher than the figure for 2020 (against a 21%  decline in 2020).