Armenian NA approves amendments to Tax Code postponing submission of  individual income statements 
 Tuesday, April 22 2025, 13:25

ArmInfo. The National Assembly of Armenia, at an extraordinary session on April 22, in the second  and final reading, introduced amendments to the Tax Code of the Republic of Armenia concerning the postponement of the deadlines for individuals to submit their income declarations. Representatives of the opposition faction "Armenia" abstained from voting in support of the submitted document. 

Counterfeit alcoholic beverage production exposed in Armenia 
 Tuesday, April 22 2025, 12:30

ArmInfo.  The State Revenue Committee (SRC) of Armenia has uncovered the fact of counterfeit alcoholic beverage production on the territory of a previously operating liquor and vodka production facility in the city of Abovyan in the Kotayk region.

Armenian NA committee approves postponement of deadlines for   individual income statements  
 Tuesday, April 22 2025, 11:57

ArmInfo.  The legislative initiative of the member of the ruling faction of the National Assembly "Civil Contract", deputy head of the parliamentary committee on economic issues Babken Tunyan, which envisages postponing the deadline for filing tax returns on April 22, received a positive conclusion from the committee of the same name. The document, with some amendments, was included in the agenda of the plenary session of the National Assembly.

 Tuesday, April 22 2025, 11:09

ArmInfo.

AraratBank: Main Sponsoring Partner of STEM Expo 2025
 Monday, April 21 2025, 17:57

ArmInfo.  AraratBank became the main sponsor of the STEM Expo 2025 scientific event. Embracing science, technology, engineering and mathematics (STEM), the event places focus on the core pillars of the development of the younger generation.

Armenia  establishing tourism cooperation with  Alsace, France
 Monday, April 21 2025, 16:27

ArmInfo.   The Chair of the Tourism Committee of Armenia Lusine Gevorgyan, held a meeting with Mark Levy, General Directoe of Alsace Destination Tourisme and representative of Tourisme Sans Frontieres.  As reported by the press service of the Committee, the meeting focused on opportunities for  collaboration and support in tourism development. Both sides  discussed ways to introduce innovation and provide assistance to Armenia's growing tourism sector. 

Only 35,000 of 900,000 indviduals submitted income statements in 2024  - MP
 Monday, April 21 2025, 15:42

ArmInfo.  About 35 thousand citizens have filed annual declarations on personal income received in 2024,  which is a small percentage. This was stated by the deputy chairman of the standing committee on economic issues of the parliament, member of the ruling faction Babken Tunyan from the rostrum of the parliament on April 21. 

Continued lending activity allows Armenian banks to increase profits  at double-digit rates
 Monday, April 21 2025, 15:09

ArmInfo.  The continued lending activity in the first quarter of 2025 has enabled Armenian banks to increase profits at double-digit rates. Thus, the growth in the loan portfolio by 28% per annum, reaching 6.5 trillion ($16.7 billion) has  contributed to a 21% annual increase in the total net profit of  banks, amounting to 100.6 billion drams ($256.9 million). This is evidenced by data from the Express Ranking of Armenian Banks as of 31.03.2025, prepared by ArmInfo Investment Company.

Dominant faction of RA NA proposes postponing submission of  individual income returns 
 Monday, April 21 2025, 13:01

ArmInfo.  The ruling Civil Contract faction of the National Assembly of the Republic of Armenia proposes to postpone the deadline for filing declarations for individuals. Amendments to the Tax Code of the country are being discussed at an extraordinary session of the parliament on April 21.

The Merger between "Ardshinbank" CJSC and "Ardshininvestbank" CJSC Has Been Completed
 Monday, April 21 2025, 11:57

ArmInfo. The merger between “Ardshinbank” CJSC and “Ardshininvestbank” CJSC has successfully completed.

 Monday, April 21 2025, 11:13

ArmInfo.

 Monday, April 21 2025, 10:59

ArmInfo.

Pashinyan emphasizes the importance of developing a common economic  roadmap aimed at serving Armenia`s interests
 Saturday, April 19 2025, 12:28

ArmInfo.  Prime Minister Nikol Pashinyan and President of the Republic of Armenia Vahagn Khachaturyan took part in a business seminar in Dilijan on the topic of "Improving Armenia's economic competitiveness through improving policy and administration".

Dollar transactions decreased and  ruble transactions increased in  Armenia`s interbank foreign exchange market, April 14-18, 2025
 Saturday, April 19 2025, 12:26

ArmInfo. From April 14 to 18, 2025, there were four dollar transactions and an equal number of ruble transactions in the Armenian interbank foreign exchange market.  However, there were no euro transactions during this period. As a result, the weekly trend for dollar transactions shifted from a 13%  growth to an 8% decline, while ruble transactions which had the same  volume as the previous week, increased by over 2 times. This led to a  decrease in the dominance of dollar transactions over ruble  transactions from 2.8 to 1.2 times in terms of total volume.

20% idcoin at Carpisa: IDBank and Idram’s new campaign
 Friday, April 18 2025, 17:36

ArmInfoYou’ve already picked your summer travel destination, got your tickets, and even secured your visa—seems like the only thing left is packing. But what if you need a new suitcase? As always, IDBank and Idram are here for travel lovers with exciting surprises and offers.

In Q1 2025, Armenia`s public debt increased by approximately $740  million, reaching $13.6 billion
 Friday, April 18 2025, 17:05

ArmInfo.  In the first quarter of  2025, Armenia's public debt in dollar terms rose by approximately $739 million, increasing from $12. 842.2 billion at the end of 2024 to $13.  581.1 billion. In dram equivalent, the amount went up from 5. 092.7 trillion to 5. 318.2 trillion drams.

Armenia`s opposition forces propose suspending property tax increase 
 Friday, April 18 2025, 15:28

ArmInfo.  The opposition faction "Armenia" of the National Assembly of the Republic of Armenia has proposed a draft amendment to the Tax Code, according to which it is envisaged to suspend the process of increasing the property tax.

ANIF embezzled budgetary funds - Transparency International 
 Friday, April 18 2025, 14:08

ArmInfo.  The Armenian National Interests Fund (ANIF) has embezzled budget funds, which is a serious crime against taxpayers. This was stated by the head of the Transparency International anti-corruption center Varuzhan Oktanyan during a discussion organized by the Public Journalism Club.

WB launches $100 million project in Armenia to enhance local tourism   infrastructure
 Friday, April 18 2025, 14:06

ArmInfo.The World Bank is  launching a $100 million Tourism and Regional Infrastructure Improvement Project (TRIP) in Armenia. The project will create job opportunities, attract private investment, and benefit local  communities and visitors in seven prioritized areas across the  country  (Areni, Gyumri, Goris, Dilijan, Dvin, Jermuk, and Yeghegis).  As noted in the WB statement, the World Bank Group's Board of  Executive Directors approved the project on April 17, 2025.

South Caucasus Railway improving platforms for passengers` comfort
 Friday, April 18 2025, 13:58

ArmInfo. As part of its customer-oriented policy, the South Caucasus Railways company is carrying out a number of activities to improve passenger service.

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