ArmInfo. In the medium term, inflation will go down to 4% in Armenia, Gevorg Papoyan, Chairman of the Standing Committee on Financial-Credit and Budgetary Affairs,  Parliament of Armenia, said in an interview with ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.In H1 2022, the banking system of Armenia sent more than 32 billion drams or $80.7 million to the state treasury through taxes, which is 31% more than a  year ago.

ArmInfo.Four Armenian communication operators paid a total of AMD 15.3bln ($37.5mln) as taxes to Armenia's state budget in the first half of 2022 - a 25%  decrease as compared with the first half last year. Director taxes  totaled AMD 5.3bln (including profit taxes and income taxes), and  indirect taxes totaled AMD 6.7bln (including VAT, excise taxes). 

ArmInfo.

ArmInfo.Over 500 Armenian servicemen will benefit from a soft lending programme. Armenia's government has approved a relevant decision. 

ArmInfo.Armenia's government approved a draft decree of the RA President approving a grant agreement on development of cooperation between Armenia and the  United States. 

ArmInfo.

ArmInfo.

ArmInfo. The increase in food prices by 17.1% significantly affected the low-income citizens of Armenia. This is stated in the message of the Luys Foundation, which  conducted a study of the socio-economic development of the country in  January-June 2022.

ArmInfo.Armenia and Ethiopia are considering the possibilities of developing cooperation in the field of e-governance and technology education.  This became known  following the meeting of Deputy Minister of High-Tech Industry of  Armenia Gevorg Mantashyan with Ambassador Extraordinary and  Plenipotentiary of Ethiopia to Armenia Alemayehu Tegenu Aargau.

ArmInfo. Armenian assets of GeoProMining Group of Compaines have significantly increased payments to the state budget. 

ArmInfo.Armenia's economic growth depends on demand, is a fact, and it is dangerous. This opinion was expressed by former Minister of Finance of Armenia, international  consultant on public finance Vardan Aramyan, on his Facebook page,  commenting on the July report of the International Monetary Fund  (IMF) on the prospects for the development of the world economy.

ArmInfo. Armenia's Vice-Premier Hambardzum Matevosyan hosted on Wednesday Mr Amit Gupta and Jayashree Rangarajan, Corporate Vice Presidents, American multinational semiconductor company AMD. 

ArmInfo.

ArmInfo. Of course, sanctions against Russia have their negative direct or indirect impact on Armenia's economic development and economic situation in the region  in general. This was stated by Armenian Foreign Minister Ararat  Mirzoyan, answering journalists' questions following a meeting with  Czech Foreign Minister Jan Lipavsky.

ArmInfo.Within the framework of a working visit to the Czech Republic, Armenian Foreign Minister Ararat Mirzoyan met with his Czech counterpart Jan Lipavsky.

ArmInfo. The five leaders of the list of 1000 large taxpayers of Armenia paid a total of 177.5 billion drams to the budget through taxes, which is 67% higher than a  year ago. According to the data of the State Revenue Committee, of  this amount, 45.8 billion accounted for direct taxes (including  income tax, profits tax), with a y-o-y increase of 4%, and 54 billion  - for indirect taxes (including VAT, excise tax), with a y-o-y  increase of 37%.

ArmInfo.Converse Bank has completed the distribution of nominal coupon bonds totaling 2 billion AMD and 10 million USD ahead of schedule.