Friday, February 7 2025,
ArmInfo. The world is moving towards development, and countries like ours should emulate those who
create opportunities and streamline conditions for the growth of small businesses. This was stated by Mariam Manukyan, the head of the Council for International Business Relations Support, during a press
conference on February 7.
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Friday, February 7 2025,
ArmInfo. The management of the Zangezur Copper and Molybdenum Plant (ZCMC) has started the process of terminating employment contracts with employees who incited illegal actions and organized sabotage at the plant. This is noted in the official statement of the plant. It is emphasized that the termination of contracts is being carried out in strict compliance with Armenia's labor legislation.
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Friday, February 7 2025,
ArmInfo. The Ministry of Economy is not involved in tax policy, but is trying to assist businesses. Deputy Minister of Economy Edgar Zakaryan told this to journalists in response to questions about potential revisions to the bill proposing an increase in the turnover tax for SMEs from 5% to 10%.
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Friday, February 7 2025,
ArmInfo. Jewelry retailers are propose reduction in the turnover tax rate from 10% to 1%. This will eliminate any "shadow" activity and increase the amount of taxes paid. This was stated by Hayk Sargsyan, a member of the ruling "Civil Contract" faction, on February 7 in a conversation with journalists following parliamentary hearings on the topic of doubling the turnover tax rate.
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Friday, February 7 2025,
ArmInfo. According to her, Armenia needs to take several actions to open up the Schengen countries. In particular, the head of the Committee pointed to transitioning the population to digital passports, which will contain all information about a person, introducing a universal health insurance system and adopting two legislative acts. the head of the Committee said. At the same time, she expressed the opinion that the most challenging thing for Armenia will be implementing universal health insurance.
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Friday, February 7 2025,
ArmInfo. Retail jewelers are rapidly losing their competitiveness due to the tax amendments that came into effect in January 2025, resulting in higher prices for gold jewelry compared to neighboring countries. This was stated by Karen Martirosyan, an individual entrepreneur representing the sector, during a parliamentary hearing on February 7.
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Friday, February 7 2025,
ArmInfo. During a press conference on February 7, Lusine Gevorgyan, the Chairperson of the Tourism Committee of Armenia, stated that tourists who independently organize their vacation in Armenia, including accommodation and food, will spend on average of $700 in our country, while the costs of all tourist services for a vacation organized by tour operators can reach $2000 and more. She also added that organized tourism is chosen by solvent tourists. she said.
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Thursday, February 6 2025,
ArmInfo. On behalf of Human Rights Defender Anahit Manasyan, representatives of the Human Rights
Defender left for the Syunik region to investigate the human rights issues raised by employees of the Zangezur Copper and Molybdenum Combine (ZCMC). They also aimed to assess the state citizens rights protection and address concerns about working conditions, the statement of the Ombudsman's Office says.
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Thursday, February 6 2025,
ArmInfo.In Armenia, 33,648 children were born in 2024, which is 8% less than the previous year
(compared to a decrease of 0.3% in 2023). The birth rate per 1000 inhabitants in 2024 was 1.1 per thousand, down from 12.3 per thousand in 2023. According to data from the RA Statistical Committee, 52.3% of births were boys, and 47.7% were girls.
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Thursday, February 6 2025,
ArmInfo.The population of Armenia increased by 2.2% or 84.6 thousand people by 2025, reaching
3.076 million people. This is evidenced by data from the RA Statistical Committee.
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Thursday, February 6 2025,
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Thursday, February 6 2025,
ArmInfo. Armenia's trade sector generated 6.4 trillion drams ($16.2 billion) in revenue in
2024, showing a decrease in annual growth from 25.7% to 17%. According to the RA Statistical Committee, trade turnover increased by 24.3% in December alone, reaching 774.3 billion drams ($1.9 billion).
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Thursday, February 6 2025,
ArmInfo. In 2024, the volume of cargo transportation in Armenia decreased by 7.7% (against a 2.2%
decline in 2023), totaling 16,831.5 thousand tons. This decline was across all types of cargo transportation, except for air transportation, which maintained growth in 2024 with a slight slowdown in rates from 45.5% to 24.5%, amounting to 42.2 thousand tons.
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Thursday, February 6 2025,
ArmInfo. Armenia's communications sector experienced a slight acceleration in growth in
2024, increasing from 2.5% to 2.8% and generating revenue of 167 billion drams.
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Thursday, February 6 2025,
ArmInfo. Zangezur Copper and Molybdenum Plant CJSC (ZCMC) has issued another statement regarding the situation at the enterprise.
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