ArmInfo.The RA government wants to introduce a new format for concluding an agreement - SAFE (Simple agreement for future equity). At a meeting on April 26, the RA National Assembly Commission on Economic Issues issued a positive conclusion on the amendments to the law "On Joint-Stock Companies."
ArmInfo.The services of the Civil Aviation Committee of Armenia will become paid. At a meeting on April 26, the RA National Assembly Commission on Economic Affairs issued a positive conclusion on the amendments to the laws "On State Duty" and "On Aviation" submitted by the RA government in the second reading.
ArmInfo. Within days, Converse Bank's dram coupon bonds were bought in the primary market in the
amount of 5 billion drams. It is noteworthy that this tranche was put up for sale together with the dollar bonds on April 17, and within a week the dram bonds were fully distributed. This is noted in a message from Converse Bank.
ArmInfo. In Q1 2023, the banking system of Armenia increased tax contributions to the state treasury by 8.3% per annum - up to 22.2 billion drams ($56.5 million). Of this amount, 85.2% or 18.9 billion drams were paid in direct taxes, with a y-o-y increase of 7.4%.
ArmInfo.As part of a pilot program to introduce an agricultural insurance system, the Armenian government will not only subsidize insurance premiums, but will also compensate the costs of insurance companies if a certain threshold of insurance payments is exceeded.
ArmInfo.The Asian Development Bank (ADB) intends to expand its areas of activity in Armenia. Luke
Fochtman, Deputy Country Director of ADB (Asian Development Bank )Armenia Resident Mission stated this during a press conference on April 11, presenting the ADO (Asian Development Outlook).
ArmInfo. According to estimates by the United States Agency for International Development (USAID), to increase energy independence, Armenia needs a new nuclear power plant with a capacity of 600 MW. Abgar Budaghyan, head of USAID Armenia's energy security project, expressed such an opinion on April 26 during public discussions on "Prospects of diversification of the energy sector in Armenia".
ArmInfo.According to data for 2022, Armenia imports 73% of its energy resources, that is, the level of energy independence is about 27%. Abgar Budaghyan, head of USAID Armenia's energy security project stated on April 26 during public discussions on the topic "Prospects for diversification of the energy sector in Armenia."
ArmInfo.Binance and Binance Academy announce a large-scale online educational project "Crypto School". As part of the initiative, millions of users will be able to gain basic knowledge about blockchain and cryptocurrencies absolutely free of charge.
ArmInfo.Deputy Minister of High-Technological Industry of Armenia Gevorg Mantashyan took part in
the 80th session of the Economic and Social Commission for Asia and the Pacific (UNESCAP), which takes place from April 22 to 26 in Bangkok.
ArmInfo. The average market price of apartments in the regions of Armenia in 2023 increased by 13.4%, amounting to 130.8 thousand AMD/1 sq.m.
ArmInfo. At the end of 2023, the average market value of real estate in apartment buildings in Yerevan increased by 10.3% year-on-year, amounting to 425.3thousand AMD/1 sq.m. According to data from the State Committee of the Real Estate Cadastre of the Republic of Armenia, the highest prices for apartments in Yerevan are traditionally held by the Kentron (Center) community - on average 837.7 thousand AMD/1 sq.m. (y-o-y growth of 13.5%).