ArmInfo. By the end of 2019, Armenia may come close to the inflation target of 4% (+ 1.5%). This was stated by Minister of Economy of Armenia Togran Khachatryan on October 14 at a press conference.
ArmInfo.Armenia is on the way to joining UnionPay payment system. Armenian Minister of Economy Tigran Khachatryan stated this on October 14 at a meeting with reporters.
ArmInfo. ID Bank redeemed its 5th tranche of USD bonds in the volume of $5mln issued in October 2017. According to the Bank's press service, the maturity period for the bonds of this issue was set at 2 years, and the coupon yield was 5.75%.
ArmInfo. At the forum on the topic "Strength of financing in national currency", organized by the European Fund for Southeast Europe (EFSE) in the capital of Moldova, Chisinau, Head of the Department for Development of the Financial System and Stability of the Central Bank of the Republic of Armenia Andranik Grigoryan made a presentation on lending in national currency. ArmInfo was informed about this in the press service of the Central Bank of Armenia.
ArmInfo. In the system of compulsory motor third party liability insurance (CTP) in Armenia, digital technologies will begin to be applied. The decision on this was made at a meeting of the RA Government on October 10.
ArmInfo. Երեւանում մեկնարկել է ԵԱՏՄ անդամ երկրների ավանդների ապահովագրության համար օրենսդրության ներդաշնակեցման փորձագիտական խմբի առաջին նիստը:
ArmInfo. Contour Global Hydro Cascade will make additional AMD 27.5 billion drams investmen in the modernization of its Vorotan Cascade of Hydroelectric Power Plants in Armenia. At the October 10 meeting, the Government of the Republic of Armenia approved the company's application for exemption from customs payments for imported equipment.
ArmInfo. The United States is interested in deepening cooperation with Armenia in the energy sector, as well as in the safe operation of nuclear power reactors. This was announced during a meeting of the Deputy Minister of Territorial Administration and Infrastructures of Armenia Hakob Vardanyan with the US delegation, which included representatives of the
ArmInfo. Julio Netto, Brazil's Deputy Minister of Technology, Innovation and Telecommunications, intends to assist in the early ratification of a technical cooperation agreement with Armenia. He stated this during a meeting with the Secretary of the Security Council of the Republic of Armenia Armen Grigoryan.
ArmInfo.. On the initiative of the eminent pk musician Serge Tankyan, as well as Alexis Ohanyan, Yervand Zoryan and Eric Israelyan, the HighConnect IT platform will be launched, connecting Armenians from all over the world. As the Minister of High-Tech Industry of Armenia Hakob Arshakyan stated at the press conference on October 8, the agreement on the launch of the "Armenian Virtual Bridge" project, within the framework of which this platform will be launched, was signed the day before during the visit to the project initiators in Silicon Valley.
ArmInfo. The cadastral value of luxury expensive real estate in Armenia can increase eight fold. This was stated during the discussion of the draft law "On Establishing the Procedure for Calculation of the Cadastre Approximate to the Market Value of Real Estate for the Taxation of Real Estate" on September 11, head of the Real Estate Cadastre Committee of Armenia Sarhat Petrosyan. Thus, with the adoption of the law, the tax on particularly expensive real estate will increase significantly.
ArmInfo. The average market value of an apartment building in the regions of Armenia increased in the first half of 2019 by 4.1% per annum, amounting to 89.8 thousand drams / 1 sq.m.