Vice Prime Minister: Armenian companies will be able to attract  preferential credit resources while increasing authorized capital

 Thursday, July 9 2020 12:59:00
Vice Prime Minister: Armenian companies will be able to attract  preferential credit resources while increasing authorized capital

ArmInfo.  As of today, one  application for participation in the program has been satisfied  subsidizing interest rates on preferential loans attracted by  business entities; two more applications are under consideration. On  July 9, Deputy Prime Minister Mher Grigoryan stated this at a meeting  of the RA Government.

Fast Credit Capital UCO will start placement of its dram and dollar  bonds on July 9
 Monday, July 6 2020 14:59

ArmInfo.  On July 9, "Fast Credit  Capital" Universal Credit Organization (UCO) will start issue and  placement of its dram and dollar bonds with issue volumes of 400  million drams and $ 4 million, respectively. This is evidenced by the  July 3 decision on registration of the issue prospectus of these  tranches, posted on July 6 on the CBA website.

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Armenian government will direct AMD 1.9 billion on capital  expenditures of the Ministry of Education
 Thursday, July 2 2020 16:12

ArmInfo. 1.9 billion AMD will be  allocated from the state budget of Armenia for capital expenditures  of the RA Ministry of Education, Science, Culture and Sports. This  decision was made on July 2 at the next government meeting.

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SRC: only 49% of business entities took advantage of the 18th package  of anti-crisis measures
 Thursday, June 11 2020 18:35

ArmInfo.  The State Revenue  Committee (SRC) summed up the results of the 18 package of  anti-crisis measures envisaged for business entities that have from 2  to 100 employees who retained their salary fund and staff.

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Rusatom Service CJSC will receive an equivalent of $ 40.3 million for  the implementation of activities at the Armenian NPP
 Thursday, June 11 2020 12:57

ArmInfo. Rusatom Service CJSC,  which is part of the Rosatom Group of Companies, will receive an  amount in drams equivalent to 40 million 255 thousand US dollars for  carrying out activities at the Armenian Nuclear Power Plant. At the  June 11 meeting, the Government of Armenia approved the program of  events of the company.

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Armenian NPP will receive a budget loan of $ 130 million
 Thursday, June 11 2020 12:54

ArmInfo. The Armenian Nuclear  Power Plant will be provided with a budget loan of 63.2 billion drams  (about $ 130 million). The decision on this was made at a meeting of  the RA government on June 11.

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News
RA finance minister, RA CB governor participate in meeting organized  jointly with IMF and WB RA finance minister, RA CB governor participate in meeting organized  jointly with IMF and WB
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RF Quality Inspection to test products from Armenia at consumers`  request RF Quality Inspection to test products from Armenia at consumers`  request 
Customs cooperation between Armenia and Georgia discussed in TbilisiCustoms cooperation between Armenia and Georgia discussed in Tbilisi
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EU releases 34mln euros to Armenia to compensate for Russia`s trade  punishmentEU releases 34mln euros to Armenia to compensate for Russia`s trade  punishment
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Georgia denies reports of Armenian strawberries being re-exported to  Russia under guise of Turkish goodsGeorgia denies reports of Armenian strawberries being re-exported to  Russia under guise of Turkish goods
Ameriabank has Completed Placement of USD 100M Perpetual BondsAmeriabank has Completed Placement of USD 100M Perpetual Bonds
Armenia, Airbus Helicopters sign acquisition of six H145 helicoptersArmenia, Airbus Helicopters sign acquisition of six H145 helicopters
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Luys Foundation: Public debt service burden remains highLuys Foundation: Public debt service burden remains high
Starting in July of this year, high-quality Armenian tomatoes to be  exported to EuropeStarting in July of this year, high-quality Armenian tomatoes to be  exported to Europe
Top Travel Destinations of 2026: IDBankTop Travel Destinations of 2026: IDBank
Development of livestock breeding in Armenia to be enshrined in  legislationDevelopment of livestock breeding in Armenia to be enshrined in  legislation
Armenia under incumbent premier to continue to work within EAEU -  expert Armenia under incumbent premier to continue to work within EAEU -  expert 
In Armenia, maximum number of shareholders in non-public funds to be  increased from 49 to 99In Armenia, maximum number of shareholders in non-public funds to be  increased from 49 to 99
Armenia wants to fully clarify Real Estate Cadastre by January 1,  2030Armenia wants to fully clarify Real Estate Cadastre by January 1,  2030
Armenian premier proposes revoking tax benefits for small businesses  if they violate cash register receipt issuance rules three times  within year Armenian premier proposes revoking tax benefits for small businesses  if they violate cash register receipt issuance rules three times  within year 
Armenian premier to attend upcoming meeting of EAEU Intergovernmental  CouncilArmenian premier to attend upcoming meeting of EAEU Intergovernmental  Council
Armenian authorities extend restrictions on foreign cement imports  for another six monthsArmenian authorities extend restrictions on foreign cement imports  for another six months
RA government approves signing of agreement on mutual recognition of  academic degrees in EAEU member states RA government approves signing of agreement on mutual recognition of  academic degrees in EAEU member states
Armenian economic operators facing restrictions imposed by  Rosselkhoznadzor will receive additional benefits Armenian economic operators facing restrictions imposed by  Rosselkhoznadzor will receive additional benefits
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"Zinap" CEO: 2025 marked the largest surplus between income and  expenditures in the fund`s history
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Customs inspections in Armenia to be similar to tax inspectionsCustoms inspections in Armenia to be similar to tax inspections
Process of community consolidation to continue in ArmeniaProcess of community consolidation to continue in Armenia
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CBA Lowers 2026 Outlook, Forecasting Moderated GDP Growth to 4.1–4.5% and Foreign Trade ContractionCBA Lowers 2026 Outlook, Forecasting Moderated GDP Growth to 4.1–4.5% and Foreign Trade Contraction
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Exchange rates
19.06.2026
RUB5.010.00
USD368.15-0.04
EUR421.97-0.05
GBP487.280.28
CAD260.27-0.43
JPY22.83-0.05
CNY54.390.01
CHF456.54-1.58




Experts
Armenia under incumbent premier to continue to work within EAEU -  expert Armenia under incumbent premier to continue to work within EAEU -  expert 
Expert names conditions for transforming logistics into pillar of  Armenian economy Expert names conditions for transforming logistics into pillar of  Armenian economy
Opinion: For Armenia, leaving EAEU is not geopolitical maneuver, but  self-inflicted blowOpinion: For Armenia, leaving EAEU is not geopolitical maneuver, but  self-inflicted blow
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Commented
Mining and metallurgy essential to Armenia`s tech and defense  sectors- says ZCMC Vice President Mining and metallurgy essential to Armenia`s tech and defense  sectors- says ZCMC Vice President
For first time, institution of restructuring insolvent banks is being  introduced in Armenian banking systemFor first time, institution of restructuring insolvent banks is being  introduced in Armenian banking system
Customs duties not to be charged for delivery of new trolleybuses to  ArmeniaCustoms duties not to be charged for delivery of new trolleybuses to  Armenia
In Armenia, steps have been taken to address the issue of changing the taxation of dividends from shares and stakes in the country`s commercial banksIn Armenia, steps have been taken to address the issue of changing the taxation of dividends from shares and stakes in the country`s commercial banks
Armenia has not received any official information from Russian side  regarding Jermuk products - IOBPP Armenia has not received any official information from Russian side  regarding Jermuk products - IOBPP