
ArmInfo.On the initiative of the Ministry of Economy of the Republic of Armenia, a workshop was held on December 13 in Yerevan on the topic "Capital Investments and
Capital Markets: Creating a Favorable Institutional and Legislative
Environment" with the participation of representatives of financial
institutions, government departments, and experts.

ArmInfo.In the Armenian city of Armavir, instead of the old glass factory, processing and enrichment of molybdenum ore started. This was reported by the Hraparak newspaper, referring to complaints from residents who have recently felt an
unpleasant odor and the presence of smoke clouds over the territory
of the enterprise.

ArmInfo. For the second year in a row, an unprecedented growth has been recorded in the bank card market of Armenia. According to the Central Bank of the Republic of
Armenia, according to the results of 9 months of 2019, as in the same
period of the past, the growth of non-cash payments amounted to about
48% per annum.

ArmInfo. In Armenia, the number of plastic cards increased by October 18, 2019 by 18.4% per annum - up to 2.283 million units, against an increase of 17.9% a
year earlier. And the total volume of plastic transactions, almost
repeating the pace of last year (24.5% for 9 months of 2018), grew by
24% per annum for 9 months of 2019, exceeding 1.7 trillion drams.
This is evidenced by the data of the Central Bank of Armenia.

ArmInfo.The Minister of Healthcare of Armenia Arsen Torosyan, the initiator of the "health tax" today decided to talk again with his, as he put it in,
"followers", so that he could "direct discussions on the
implementation of Universal Health Coverage (UHC) in the right
direction".

ArmInfo. The healthcare sector of Armenia needs additional resources in the amount of 150 billion drams and there is no alternative to the introduction of a new type
of payroll tax. This was stated by the initiator of the "health tax",
the Minister of Healthcare of Armenia Arsen Torosyan during a live
broadcast on his Facebook page.

ArmInfo. The terms for the implementation of the program to extend the life of the second power unit of the Armenian NPP will be extended until December 31, 2021.
At the meeting on December 12, the Armenian government approved the
signing of the protocol to the Armenian-Russian agreement of February
5, 2015.

ArmInfo. The stop of the second power unit of the Armenian Nuclear Power Plant for scheduled preventive repairs is scheduled for May 15, 2020 and will last 65
days. Hakob Vardanyan, Deputy Minister of Territorial Administration
and Infrastructures, told reporters about this on November 10 during
a visit to the ANPP.

ArmInfo. Beeline and the British Council's Armenian office announced the launch of the project "Coding Skills: Linking the Present and the Future", aimed at
developing digital and other skills, critical and analytical thinking
among students through additional lessons.

ArmInfo. Today, Armenia has all the prerequisites to become a country of high-tech industry - from education to research and development, from the development and
production of high technologies to international sales and
applications in various fields of economy and everyday life. This
opinion was expressed by the Deputy Prime Minister of Armenia Tigran
Avinyan on December 11 at the sidelines of the seminar "Realization
of the technological potential of Armenia", organized by the World
Bank.

ArmInfo. In September 2019, compared to September last year, the number of mortgage loans in Armenia increased by 23.3%, or by 7261 mortgage loans. The Prime Minister of Armenia Nikol Pashinyan wrote about this on his Facebook page.

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.