The Ministry of Finance of the Republic of Armenia discussed the concept of universal health insurance proposed by the Ministry of Health Thursday, December 12 2019
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 ArmInfo. On December 12, a regular meeting of the expanded Public Council on improving income policy was held at the Ministry of Finance of the Republic of Armenia, during which the concept of introducing universal health insurance proposed by the Ministry of Health was discussed. |
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.
ArmInfo.According to the data of the analytical agency AUTOSTAT, the market volume of new passenger cars of Armenia in the first ten months of this year increased by 1.9 thousand units. This, as analysts of the agency note, is 10% more than for the same period last year.
ArmInfo. In Armenia, the growth of economic activity in January-October 2019 accelerated to 7.1% from 6% for 10 months of 2018, and the main drivers were the services sector, trade and the industrial sector. According to the final data of the Statistical Committee of the Republic of Armenia, only in October 2019 a 4.7% decline was recorded with an annual growth of 7.7%, while in 2018 the October decline was 5% with an annual growth of 3%.
Analysts Opinion on Central Bank Report 
Mining Industry as a Fanciful Game of Cats-and-Mice
Tigran Khachatryan: Attracting several transnational investors to Armenia will allow the country to start playing for high stakes
During the first 5 years, the agricultural insurance market in Armenia will operate at a loss
Artak Kamalyan: Education is the key to success. Everything else is of secondary importance
Head of PSRC: Whatever the agreement, the domestic tariff is dependent on the price at the border
IMF: Armenia needs to achieve sustainable inclusive growth
Artur Atoyan: Problems of fish farmers are solved by the communist method, that is, they are not solved at all
HSBC Bank Armenia digitalizes cooperation with retail clients 
AmRating agency in cooperation with European Rating-Agentur Expert RA GmbH has issued regular research on Armenia`s banking system
Yulia Ustyugova: Armenia can get access to IMF “insurance line”
Armand Arton: The question whether citizenship should be granted in return for investments is rather rhetorical
Former head of the Ministry of Finance: 
Vardan Aramyan: It will be unreasonable if the government goes to revise the allowable national debt ceiling in GDP
HSBC Bank Armenia increases efficiency and focuses on digital services
Bulgarian Minister: The level of Armenian-Bulgarian economic cooperation is still unsatisfactory
Expert: Recruitment market in Armenia from the point of view of supply and demand is sleeping
Expert: Despite the adequacy of Armenian banks` capitals, the opportunities for its optimal use are severely limited
Association of Organic Agriculture is being created in Armenia
Pailak Tadevosyan: Governments change in Armenia, but taxation approaches do not change
Russian processing company "MultiCarta" discussed cooperation opportunities with Yerevan Municipality in the transport sector
$ 270 Million to be invested in the construction of the first skyscraper in Yerevan
The AGBU Women Entrepreneurs Program Launched in Artsakh: FRUITFUL ARMENIA Foundation is the partner
Forecast: Armenia has good prospects for expanding its presence in the Polish market
Armenian government`s delegation headed by Prime Minister will take part in the St. Petersburg International Economic Forum on June 6-7
Concessionaire of Zvartnots International Airport promises to become one of the best operators in the world
Arthur Javadyan: Central banks are not responsible for economic growth
Forecast: Electricity exports to the Middle East through Iran are a key component of Armenia`s geo- economic strategy
ArmInfo IC: In Armenia, CMTPL loss ratio increased up to 64.5% in Q1 2019
Overdue loans accelerate growth in banking system of Armenia
RA Prime Minister: European Union is not ready to finance 100% of development programs implementation in Armenia
Converse Bank offers online loans at a low effective interest rate
Renco company will attract additional shareholders and partners to the project of building a new thermal-power plant in Armenia
T.Avinyan: The Government is open for cooperation and encourages active dialogue and interaction in all areas 
Agreement on construction of a new unit with combined gas cycle signed in Yerevan
Veolia Jur: Regulatory charges are false and unfounded
Armenian Prime Minister: We are gaining momentum for economic takeoff
Through the mobile banking application of Ardshinbank you can get a loan in seconds.
By the end of 2018, "Galburdjian Group" will launch the production of sesame oil in Armenia
Expert: Armenia has a problem with effective use of water resources, rather than small hydropower stations
Investment forum "Energy Week 2018" to be held in Armenia