Thursday, August 8 2024 17:58

ArmInfo. In 2024, the number  of non-cash transactions in Armenia increased by 86.7%, as reported  by the State Revenue Committee of the Republic of Armenia.  According  to the source, based on taxpayers settlement documents (including  cash register receipts), there were a total of 404.6 million  transactions in January-July 2024, amounting to 7 trillion 329.4  billion drams. This represents an increase of 42 million transactions  or 11.6% compared to the same period last year in terms of quantity  and an increase of 953.2 billion drams or 14.9% in value. Out of  these transactions, only 377.4 million were conducted in January-July  2024, totaling 1 trillion 571.4 billion drams through transactions  with cash register receipts. This marks a quantitative increase of  34.6 million transactions  or 10.1% compared to last year and a value  increase of 112.7 billion drams or 7.7%. At the same time, the  Committee reports that 78.9 million non-cash transactions worth 485.1  billion drams were carried out in January-July 2024, exceeding the  same period last year. In quantitative terms, 36.6 million cash  transactions were recorded, representing an 86.7% increase from last  year. In value terms this amounted to154.2 billion drams, a 46.6%  increase from the same period of 2023.

 Recall that during a meeting  of the RA government, RA Deputy Prime Minister Mher Grigoryan  announced that for the first time this year, non-cash transactions in  Armenia exceeded the volume of cash transactions.