ArmInfo.. The Minister of Finance of Armenia Vahe Hovhannisyan and the head of the Internal Revenue Committee of the Hong Kong Special Administrative Region of the People's Republic of China, Tai Pang Tam, within the framework of the "Asian Initiative" of the Global Forum on Information Exchange and Transparency for Tax Purposes, held in Yerevan, signed an agreement between the Government of the Republic of Armenia and the government of the special Hong Kong Administrative Region of the People's Republic of China on the elimination of double taxation of income and the prevention of tax evasion.

ArmInfo. Ambassador Extraordinary and Plenipotentiary of France to the Republic of Armenia Olivier Decotigny, together with representatives of the French Development Agency, visited the Vedino Reservoir dam and irrigated areas. This is stated in the microblock of a French diplomat published in X.

ArmInfo.Problems with tax evasion and illicit financial flows in today's interconnected world  require collective action and cooperation, RA Deputy Prime Minister Tigran Khachatryan stated at the 6th meeting of the High-Level Asian Initiative, which started on June 24 in Yerevan.

ArmInfo.The number of officially employed citizens in Armenia in May of this year. reached 752,260,  which exceeds the year-ago figure by 4.7%. This was reported by the press service of the Ministry of Economy, citing data from the State Revenue Committee.

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ArmInfo.

ArmInfo.Today, June 24, an international train of the South Caucasus Railway company set off on  its first flight this year on the Yerevan-Batumi-Yerevan route. The company's press service reported this.

ArmInfo.Team Telecom Armenia continues to develop the Team Energy network of filling stations for  electric vehicles, offering special packages to both individual and corporate clients.

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ArmInfo.

ArmInfo.

ArmInfo.Armenia will attract 75 million euros from the French Development Agency (Agence Francaise  de Developpement -AFD) to finance the state budget deficit. At a meeting on June 20, the RA government decided to sign a corresponding agreement with the AFD, the signing ceremony of which is scheduled  for June 26.

ArmInfo.The Executive Board of the International Monetary Fund (IMF) completed the third review  under the Stand-By Arrangement (SBA) with Armenia. The completion of the review enables access of SDR 18.4 million (about US$24.5 million), bringing total access to SDR 73.6 million (about US$97.7 million). The SBA was approved by the IMF's Board on December 12, 2022 (see Press Release No. 22/429). The Armenian authorities  continue to treat the arrangement as precautionary. The Executive Board's decision on the third review of the SBA was taken without a meeting.

ArmInfo.Armenia will join the Black Sea Basin. Interreg Next program. At a meeting on June 20, the  Government of the Republic of Armenia approved for signing an agreement with Romania and the European Commission on cooperation for 2021-20027.

ArmInfo.The Government of the Republic of Armenia and the German bank KfW will extend the  implementation of the program "Integrated management of water resources of the Akhuryan River" until December 30, 2026. At a meeting on June 20, the Cabinet of Ministers of Armenia approved the  signing of a letter of agreement with the Bank.

ArmInfo. Jermuk Group CJSC, engaged in the production of mineral water in Armenia, is investing  10.3 billion drams to organize the production of polyethylene thermal insulation film. At a meeting on June 20, the RA Government exempted the company from paying customs duties on imported technological  equipment, its components and components, raw materials and materials.

ArmInfo.600 million drams will be allocated to continue the state assistance program for providing  housing to families with children. The decision on this was made at a meeting of the RA government on June 20.

ArmInfo. By next 2025, the Eurasian Development  Bank (EDB) predicts a decrease in Armenia's GDP growth rate to 5% due  to the absence of any other impulses that could accelerate economic  growth. Anton Dolgovechny, senior analyst at the Country Analysis  Center of the EDB Analytical Directorate, stated this at the online  presentation of the analytical report "Macroeconomic Forecast 2024-  2026".

ArmInfo. On June 20 of this year, Air Cairo began operating flights in the Cairo-Yerevan-Cairo  direction for the first time. Zvartnots International Airport reports this.

ArmInfo. The European Commission will provide Armenia with 15 million euros to overcome the  socio-economic difficulties caused by the influx of refugees from  Nagorno-Karabakh. At a meeting on June 20, the RA Government approved  a draft decree of the RA President on the approval of the agreement  on budget support, signed on February 15 and April 16 of this year.