ArmInfo. Vardan Jhanyan, the President of the Union of Miners and Metallurgists and First Deputy Director General of the Zangezur Copper Molybdenum Combine (ZCMC), is confident that two or three mining projects equivalent in capacity to ZCMC can radically change the economic situation in Armenia.

ArmInfo.

ArmInfo.The head of the Audit Chamber of Armenia Nairi Sargsyan urges the authorities to  either cancel or postpone the implementation of the law on income declarations for citizens, considering that the state is facing a number of other priority tasks.

ArmInfo. The  Competition Protection Commission (CPC) is suggesting offering a subsidy  equivalent to the excise tax to genuine fruit vodka, Gegham Gevorgyan, the chairman of the department, said during the final press conference of 2024 on January 27.

ArmInfo.

ArmInfo.

ArmInfo. For the third year consecutive year, the Zangezur Copper and Molybdenum Plant tops the list of 1000 major taxpayers in Armenia, according to data from the State Revenue Committee. In 2024, the company contributed approximately 102 billion AMD to the state treasury, marking a 44% annual increase.This amount included 2.2 billion drams in customs  duties, 30.2 billion drams in direct taxes (including profit tax,  income tax), and 2.7 billion drams in indirect taxes (including VAT,  excise tax). Moving up from fourth place to second place is the  Mobile Center Art, which paid 66.7 billion AMD to the state treasury  (an annual growth of 21%). Of this amount, 1.3 billion drams were  customs duties and 61.5 billion drams were VAT. JV Grand Tobacco  claimed the third spot on the list down from second place the  previous year, contributing 63.3 billion AMD to the state budget  (with an annual growth of 31%), of which 3.7 billion were customs  duties and 56.6 billion were indirect taxes.

ArmInfo.

ArmInfo.Starting from February 21, Armenian Airlines will be launching Yerevan-Delhi flights, marking the first direct flight connecting Armenia and  India.

ArmInfo. Starting from January 27, 2025, the Central Bank of Armenia will put into circulation the transformed 20,000 dram banknote of the 2024 issue. As noted in the message of the Central Bank of Armenia, such a decision was made by the Board of the Central Bank.

ArmInfo. According to the results from December 2024, 189,000 new jobs were created in Armenia compared to December 2018. Prime Minister Nikol Pashinyan wrote about this on his Facebook page.

ArmInfo.

ArmInfo. Our government works slower than all other governments for two reasons, as stated by Armenian Prime Minister Nikol Pashinyan  during a meeting with representatives of the Armenian Diaspora in Switzerland.

ArmInfo. January 20 to January 24, 2025, in Armenia's interbank foreign exchange market USD transactions were effected daily in large volumes, while ruble transactions carried out four times, with no Euro transactions  effected.

ArmInfo.The Chairman of the State Revenue Committee (SRC) of Armenia, Eduard Hakobyan, discussed  key aspects of customs and tax cooperation between the two countries at a meeting with the Ambassador of Russia to the Republic of Armenia, Sergey Kopyrkin.

ArmInfo. As part of the visit, Prime Minister Nikol Pashinyan met with Swiss businessman and philanthropist of Armenian origin, Vahe Gabrache.  As reported by the press service of the Prime Minister, the meeting focused on economic projects that Gabrache has implemented in Armenia.

ArmInfo. AraratBank has once again been highly recognized by the Mastercard payment system, receiving the Excellence in SME Banking Performance award. The awards ceremony was held during a special event on January 17.

ArmInfo.On January 24, 2025, IDBank placed registered coupon bonds under the abbreviation AMANLBB2SER3 through a public offering on the following terms:

ArmInfo. Armenia has entered the TOP-10 most popular destinations for Russians during the New Year  period, as reported by Russian media, citing data from the Association of Travel Aggregators (ATAG), as well as other specialized services.  

ArmInfo.