ArmInfo.The Armenian authorities are expanding the range of social expenses on healthcare and education reimbursed within the framework of the general declaration of income of individuals. Thus, the Ministry of Finance of Armenia, which develops the country's tax policy, has adjusted the law to the wording previously voiced by Prime Minister Nikol Pashinyan. The corresponding resolution was adopted on February 13 at a meeting of the Cabinet of Ministers.

ArmInfo. Chairman of the Military-Industrial Committee (MIC) of the Ministry of High-Tech Industry of the Republic of Armenia Aram Jivanyan together with Deputy Minister of Defense of Armenia Karen Brutyan met in India with the head of the Defense Research and Development Organization (DRDO) Dr. Samir V. Kamath.

ArmInfo. There are still no calculations in Armenia on the optimal volumes of electricity consumption, on the basis of which it would be possible to build generation facilities. This was stated by energy efficiency expert  Astkhine Pasoyan during the panel discussion "Energy Security of the Republic of Armenia. Challenges and Solutions". 

ArmInfo.On February 13, the Government of Armenia approved the draft decree of the President of  the Republic of Armenia <On approval of the financing agreement between the Republic of Armenia, Romania and the European Commission <Interreg NEXT Program for the Black Sea Basin> with a total budget  of 72 million 275 thousand euros.

ArmInfo. The issue of liberalization of the electricity sector in Armenia is one of the most discussed today. This was stated by Seda Shahinyan, Head of the  Legal and Licensing Department of the Public Services Regulatory  Commission of the Republic of Armenia, during the panel discussion  "Energy Security of the Republic of Armenia. Challenges and  Solutions". 

ArmInfo. Armenia needs conditions for solar, hydro energy to be basic -  ex-official 

ArmInfo. Taking into account the growth rate of the Armenian economy for the next 10 years, the construction of a new high-capacity nuclear power unit in  Armenia is impractical, especially given its further safe operation.  This was stated by former Deputy Minister of Territorial  Administration and Infrastructure of the Republic of Armenia Hakob  Vardanyan during the panel discussion "Energy Security of the  Republic of Armenia. Challenges and Solutions". 

ArmInfo. The Chairman of the Central Bank of Armenia, Martin Galstyan, has emphasized the importance of developing financial systems in addition to ensuring stability and a safe investment environment. He made these remarks during a panel discussion <Paving New Paths to Growth through Reforms in Armenia>, held on the sidelines of the presentation of the World Bank (WB) report <Middle Income Trap: Implications for Armenia>.

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ArmInfo.Prime Minister Nikol Pashinyan assures that there is no country in the world that implements both turnover tax and value added tax  simultaneously. He stated this on February 12 during the government hour in parliament, while trying to justify the government policy to raise the turnover tax rate.

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ArmInfo.  Telecommunications operator Viva Armenia has announced issuance of its first nominal, coupon paying, dollar -denominated bonds with a total face value of $80 million, with Ameriabank acting as the underwriter for these bonds. This was noted in the message of Viva Armenia CJSC, which  states that the c placement of the bonds will begin on 12 February  2025  and will be completed on June 23.

ArmInfo. Constructing small modular power plants in Armenia as a replacement for the current Metsamor Nuclear Power Plant (ANPP) is impractical in terms of ensuring national security. This opinion was expressed by Artur Avetisyan, the Director of the research and analytical center "Energy  Initiative of Armenia" and a PhD associate professor, during the  online discussion <"Atomic"Dilemma of Armenia: Building a New NPP -  With and Without Russia>, organized on the expert platform of the  Analytical Center for Strategic Studies and Initiatives (ACSII).

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ArmInfo.Administrative liability for late submission of financial statements will be increased in Armenia. The National Assembly of the Republic of Armenia at a plenary session on February 12 approved amendments to the Code of Administrative Offenses submitted by the Government of the Republic of Armenia.

ArmInfo. The National Assembly of the Republic of Armenia approved amendments to the law "On the budget system" in the second and final reading at the plenary session on February 12.

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ArmInfo.  According to the results of 2024, the secondary real estate market was more passive, both in terms of transactions and in value terms, compared to 2022 and 2023. This was noted in an interview with an ArmInfo correspondent by the founding member of the Council of the Association of Real Estate Agencies of Armenia, director of the real estate agency "Kolibri" Rustam Grigoryan. At the same time, he noted  that the primary market of Yerevan maintained its pace in 2024 thanks to the mechanism for the return of income tax on mortgage loans. From this year, the latter will be available only in the regions of the country.

ArmInfo. In 2024, Armenia saw a  0.8% annual increase in exports of high-tech products,  reaching a total of $979 million. This is evidenced by data from the Modex consulting company. In particular, high-tech goods made up 7.5% of Armenia's merchandise exports in 2024, down from 11.4% the  previous year.  Comparing to 2021, exports have increased by 19 times, driven mainly by the re-export of electronics and telecommunications equipment.

ArmInfo. The General Director of the Zangezur Copper and Molybdenum Combine (ZCMC), Roman  Khudoliy, has sent a message to the company's staff expressing gratitude for their efforts in resuming the production process.