Armenian authorities to set requirements for tourism industry  entities
 Thursday, January 23 2025,

ArmInfo.Requirements for entities engaged in tourism activities will be set in Armenia. The government adopted a corresponding draft decision at a regular meeting on January 23.  

 Thursday, January 23 2025,

ArmInfo.

Armenia`s productivity over 40% up - minister
 Thursday, January 23 2025,

ArmInfo. The portfolio of the economic modernization program aimed at stimulating production has  reached $1.3-1.4 billion. This was stated by Armenian Economy Minister Gevorg Papoyan at a cabinet meeting on January 23.

Armenia`s government to reimburse customs duties paid importing  countries 
 Thursday, January 23 2025,

ArmInfo.The Government of Armenia, represented by the Ministry of Economy, proposes to reimburse the amounts of customs duties established upon import of goods, stipulated by the legislation of the importing country, in order to stimulate exports. The project was approved on January 23 at a meeting of the Cabinet of Ministers.

ADB to provide EUR 45.3mln to Armenia for health care improvement 
 Thursday, January 23 2025,

ArmInfo. The Asian Development Bank (ADB) will provide Armenia with a $50 million loan to improve  the quality of healthcare. On January 23, the Armenian Cabinet approved proposals to sign a loan agreement between the Republic of Armenia and the ADB.

Armenia`s ministry of economy ready to listen business circles`  proposals to optimize taxation of jewelry industry 
 Thursday, January 23 2025,

ArmInfo. Tax changes regulating the activities of SMEs have caused a wave of discontent among  businesses, in particular among representatives of the jewelry industry.

RA State Revenue Committee provides further explanations for income  declaration
 Thursday, January 23 2025,

ArmInfo.The State Revenue Committee (SRC) explains in which cases it is permissible to not  declare income in the amount of up to 300 thousand drams. It is also noted that income received as a gift in the amount of 300 thousand drams or more is subject to declaration, but not taxation.

Armenia to launch a program to remove citizens from commercial banks`  blacklist
 Wednesday, January 22 2025,

ArmInfo.Starting on February 1, Armenia will launch a program to remove citizens from the  blacklist of commercial banks, as stated by Minister of Labor and Social Affairs Narek Mkrtchyan  during the government hour in the National Assembly on January 22. 

 Wednesday, January 22 2025,

ArmInfo.

 Wednesday, January 22 2025,

ArmInfo.

Yerevan hopes to further expand cooperation with Serbia 
 Wednesday, January 22 2025,

ArmInfo.On January 22, RA Deputy Prime Minister Tigran Khachatryan received Ambassador Extraordinary and Plenipotentiary of Serbia to the Republic of Armenia Tatyana Panajotovich Cvetkovic.  As reported by the government press service, welcoming the ambassador, the Deputy Prime Minister highlighted the continuous development of Armenia-Serbia cooperation and expressed hope that it will further expand in trade, economic, cultural, scientific and educational fields.

 Wednesday, January 22 2025,

ArmInfo.

 Wednesday, January 22 2025,

ArmInfo.

 Wednesday, January 22 2025,

ArmInfo.

Armenia currently implementing a universal personal identification  system: Deputy Minister of Finance
 Wednesday, January 22 2025,

ArmInfo. Is it possible to quickly implement a program in Armenia that will allow an individual to log in to the system without needing a special SIM card on their phone and an identification card when filing a tax return, similar of  how it is done when using banking services?  During a parliamentary  session on January 22, Arsen Torosyan, a deputy of the ruling faction  in the National Assembly of Armenia, posed this question to Deputy  Minister of Finance Arman Poghosyan, who is in charge of tax policy  development at the Ministry of Finance.  According to Torosyan, he  personally encountered a problem when he changed his phone. His new  phone does not have the appropriate card, and he also has a Mac  computer where the reading device does not function.  "The country  has started the process of implementing a universal personal  identification system. As a result of the process, we will have a  single identification system that will be used by all state  structures," Arman Poghosyan said. At the same time, the deputy  minister admitted that there are still technical problems at this  stage.  He added that although there are no ready-made solutions yet,  the issue is at the center of attention of the State Revenue  Committee.  

Armenia, U.S. to collaborate on customs matters
 Wednesday, January 22 2025,

ArmInfo. Armenia and the U.S. are set to collaborate in the customs sphere. The RA Parliament is discussing the agreement on mutual assistance between their customs authorities submitted by the RA government for ratification during the plenary session on January 22.  In his address, Rafael  Gevorgyan, the Deputy Chairman of the RA State Revenue Committee,  emphasized that the document lays groundwork for customs cooperation.  It aims to regulate bilateral relations properly and comprehensively,  as well as strengthen and expand opportunities for closer and  mutually beneficial collaboration between the customs services of the  RA and the U.S..

 Wednesday, January 22 2025,

ArmInfo.

WB to provide $40mln loan to Armenia for reconstruction of three  power substations 
 Wednesday, January 22 2025,

ArmInfo. The World Bank, through the International Bank for Reconstruction and Development, will provide Armenia with a $40 million loan to support the Enabling the Energy Transition project, which will facilitate the  implementation of the country's Energy Sector Development Strategy  until 2040. The National Assembly of the Republic of Armenia is  discussing the draft agreement with the IBRD, submitted for  ratification by the Government of the Republic of Armenia, at a  plenary session on January 22.

Armenia`s government to harmonize the investment programs implemented  in country with state budget
 Wednesday, January 22 2025,

ArmInfo. The Armenian government intends to harmonize the investment programs implemented in the country with the state budget of the Republic of Armenia. The National Assembly of the Republic is discussing amendments to the law "On the budget system" in the first reading at the plenary session on  January 22.

Mining permits not to be appealed - Lydian Armenia
 Wednesday, January 22 2025,

ArmInfo. The permits for the use of mineral resources issued to Lydian Armenia are administrative acts that are not subject to appeal and cannot be invalidated administratively or by a court decision. This was reported by the  company's press service, citing the decision of the Administrative  Court.

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