Fixing over-ambitious and unrealistic goals most dangerous - expert Monday, October 7 2024 12:40:00
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 ArmInfo.Armenia's GDP growth by the end of 2024 will be within 5%, but not 7% according to the approved state budget and not 5.8% expected by the financial authorities in the draft budget for next year, Vardan Aramyan, an international consultant on public finance management and former RA Finance Minister, stated in an interview with ArmInfo |
Monday, September 9 2024 21:22
ArmInfo.Armenia is one of the regional leaders in the field of contactless QR payments. QR payments were introduced in the country in 2016. We spoke with Arsen Kdenian, Director of Idram, about the current state of QR payments and the future of the sector. >>> |
Thursday, August 8 2024 09:37
ArmInfo. The current government is proud of the tax overfulfillment in Armenia over the past two years. However, already at the end of the first quarter of 2024, the authorities, albeit in a low voice, began to talk about the possible underfulfillment of the target state budget indicator, and by the end of June they officially announced that tax arrears had reached approximately 9%. >>> |
Monday, July 29 2024 22:53
ArmInfo. IDBank regularly speaks about the advantages that privileged service customers enjoy. They are progressively expanding and adapting to international standards. We discussed this with Lida Safaryan, Head of Premium Banking Services, Commercial Director and Vice President of IDBank. >>> |
Monday, July 29 2024 10:31
ArmInfo. So far, two companies have become beneficiaries of the state program to promote the issue of equity (shares) and debt (bonds) securities, as well as passing credit ratings. By the end of 2024, 2-3 more participants may join them. Hasmik Zakaryan, Head of the Department for the Development of Financial Infrastructures of the RA Ministry of Economy, spoke with an ArmInfo about the terms of the state program to promote the development of the capital market, as well as its prospects. >>> |
Tuesday, July 16 2024 13:44
ArmInfo. Armenia cannot do without nuclear energy, Armenia's ex-premier Hrant Bagratyan told ArmInfo. >>> |
Monday, June 17 2024 11:27
ArmInfo. Imagine for a moment that you are a beneficiary of the of the USA represented by Apple, Microsoft, META, NVIDIA, TESLA, Alphabet Inc. and Amazon. And this became possible by joining the Mandatory Funded Pension System (MFPS) of Armenia. >>> |
Thursday, April 18 2024 17:31
ArmInfo. I do not share the optimism that Armenia will be able to diversify its export markets in a few years; maybe it will be possible to somewhat reduce its dependence on the Russian market. Emil Stepanyan, co-founder of the Export Armenia Association of Experts stated in a conversation with an ArmInfo correspondent. >>> |
Wednesday, February 21 2024 18:36
ArmInfo.The overall growth rates of Armenia's international trade turnover for 2023 are marked by unprecedented achievements, however, the structure of exports and imports, unfortunately, indicates the presence of significant imbalances and shifts containing significant long-term macroeconomic risks, Doctor of Economy Aghasi Tavadyan told ArmInfo. >>> |
Friday, January 19 2024 19:54
ArmInfo. In order to fully use transit opportunities with Georgia, it is necessary to enter into bilateral negotiations in order to eliminate those measures that are mutually applied to cargo carriers due to the fault of the Armenian side. A similar opinion was expressed by economist Tigran Jrbashyan, presenting the results of the "Ameria" company's "Alternative Wine Export Markets" study. >>> |
Monday, December 25 2023 20:27
ArmInfo. The Armenian authorities are reforming the institution of management of multi-unit apartment buildings (hereinafter: apartment buildings) and are considering transferring these powers to an external manager (outsourcer). At the same time, in order to protect the interests of the residents, the rights and responsibilities of the developer and the apartment owners are clarified. Tanya Arzumanyan, Head of the Department of Housing Fund Management and Communal Infrastructure of the RA Urban Development Committee, told ArmInfo. >>> |
Thursday, November 16 2023 12:22
ArmInfo.The international network of impact hubs (centers for social innovation, entrepreneurship and coworking spaces) began to actively develop around the world in 2009. The opening of such a center in Armenia took place in 2016, which happened in parallel with their establishment in many countries of Western Europe. >>> |
Tuesday, October 24 2023 14:01
ArmInfo. The legislative changes initiated by the State Revenue Committee (SRC) of Armenia, allowing the tax authority to request from the taxpayer a bank statement on transactions without a court decision, will lead to the establishment of an "economic dictatorship" in Armenia, based not on the rule of law, but on the principles of permissiveness of the tax authorities . Eduard Badalyan, an Expert at the Citizen, Taxpayer, Business Rights Protection NGO shared this point of view in a conversation with an ArmInfo correspondent. >>> |
Wednesday, September 6 2023 11:11
ArmInfo. A delegation of the International Monetary Fund (IMF) led by Mr Jihad Azour, Director of the IMF Middle East and Central Asia Department, and Ms Iva Petrova, IMF Mission Chief for Armenia, was on a visit to Armenia recently. In an interview with Mr Emmanuil Mkrtchyan, CEO, ArmInfo News Agency, Mr Jihad Azour said that the IMF delegation visited Armenia on the occasion of the 30th anniversary of the Armenian national currency and foundation of the Central Bank of Armenia, landmarks in Armenia's history. >>> |
Monday, August 7 2023 11:07
ArmInfo. Today is the deadline for the 2-month term for the expert opinion by the interagency group for construction of a new nuclear power unit formed under a decision by Armenia's Premier Nikol Pashinyan. >>> |
Monday, July 31 2023 15:24
ArmInfo. There is practically no policy aimed at developing high value-added industries in Armenia. This, in fact, is evidenced by the data of both the RA Statistical Committee and the list of the largest domestic taxpayers. Doctor of Economic Sciences, Professor Ashot Tavadyan expressed a similar point of view in an interview with ArmInfo. >>> |
Monday, June 5 2023 11:28
ArmInfo.The increase of the share of domestic debt in the total government debt up to 47% in Armenia by May 2023 can be considered from two aspects - both as an achievement by Armenia's economic authorities and their "involuntary" torpedoing economic progress, Armenia's former minister of finance, international expert Vardan Aramyan said in an interview with ArmInfo. >>> |
Monday, May 15 2023 15:40
ArmInfo. "We all live under the same sky, but we don't all have the same horizon," the great German politician Konrad Adenauer said, in a tough discussion with the United States on the issue of restoring Germany destroyed by the WW2 and insisted on canceling the initial scenario of turning it into a country with an agriculture-led economy, forcing the ally to the implement the Marshall Plan, aimed at restoring the infrastructure and industrial power of Germany. >>> |
Tuesday, April 4 2023 15:23
ArmInfo.Further depreciation of the ruble will lead to the loss of competitiveness of goods of Armenian origin in the Russian market and a decrease in the pace of economic activity in Armenia. Economist Suren Parsyan expressed this opinion in an interview with ArmInfo. >>> |
Thursday, March 30 2023 10:52
ArmInfo. Russian resettlers, whose number in Armenia, according to various sources, is estimated from 80 to 100 thousand people, not only contributed to high "statistical" economic growth and low "estimated" inflation in the country, but also made it possible to significantly strengthen the resources of the Armenian banking system. However, Armenia, having benefited from both people and capital, has appeared under the powerful sanctions lens of the Western countries, which is seriously concerned about the possibility of circumvention of anti-Russian sanctions by countries friendly or neutral to Russia. Armenian banks were immediately warned that they must strictly follow the international regulations against the legalization of proceeds from crime (money laundering) and put up serious barriers to clients' attempts to circumvent anti-Russian sanctions in the course of trading activities. By and large, by March last year, Armenian banks were not ready for such a turn, and therefore they began to actively implement the so-called compliance control and its tough “barrier” tools. >>> |
Monday, February 13 2023 19:00
ArmInfo. Currency volatility causes significant risks not only for the state, but also for those citizens who have foreign currency and especially mortgage loans. Armenian MPs of the ruling party noted the risks and suggested issuing mortgages in drams, except in cases where citizens have proven income in foreign currency. >>> |
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