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ArmInfo.On January 27, the Armenian government made changes to a number of programs implemented in the field of agriculture.

ArmInfo.The gross turnover of the restaurant business in Armenia fell by 20%. Armenian Minister of Economy Vahan Kerobyan told journalists about this during a  briefing after the government meeting, commenting on the impact of  COVID restrictions in the catering sector.

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ArmInfo.The Eurasian Fund for Stabilization and Development (EFSD) will provide a $1.719mln grant to Armenia for enhancing energy efficiency in public buildings. 

ArmInfo. Fly Arna, Armenia's national airline and a joint venture company between the Armenian National Interests Fund (ANIF) and Air Arabia Group, has announced  the appointment of Mr. Antony Price as Chief Executive Officer.

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ArmInfo. The Board of the Eurasian Economic Commission (EEC) adopted a recommendation aimed at developing cooperation between the states of the Eurasian Economic Union in the copper industry.

ArmInfo. The banking system of Armenia for 2021 increased tax deductions to the state treasury by 6.3% - up to 52.2 billion drams ($108.8 million). Of this amount,  87.2% or 44.7 billion drams was paid in direct taxes, with a y-o-y  growth of 4.4%.

ArmInfo. Armenian banks managed to improve the dynamics of net profit in 2021 with a 54% growth (from a 22.3% decline in 2020). In absolute terms, the total profit of the  system amounted to 87.3 billion drams or $181.8 million.

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ArmInfo. Last year, Armenia's insurance sector paid taxes totaling AMD 2.6bln - up by a 36.8% as compared with 2020. Direct taxes totaled AMD 2.2bln or 87.7% of the  total amount. 

ArmInfo.According to the data of January-December, 2021, Ameriabank is the largest taxpayer among Armenian banks. It paid taxes to the state budget for the total amount of AMD 8.9 bln (as of December 31, 2021).

ArmInfo.The construction of the Yeraskh-Julfa-Ordubad- Meghri-Goradis railway is not a heavy burden for Armenia from a financial point of view. Prime Minister of  Armenia Nikol Pashinyan stated this live.

ArmInfo.  (trademark VivaCell-MTS) has become the leader among telecom operators in the list of the largest taxpayers in Armenia, having  risen to 8th place from 10th a year earlier.

ArmInfo.In 2022, Armenia will allocate 144 billion drams (about 295 million US dollars at the current exchange rate) to Nagorno-Karabakh as budgetary support, RA  Prime Minister Nikol Pashinyan told Artsakh Republic President Arayik  Harutyunyan on January 24 during a meeting on solving social and  infrastructural problems in Artsakh.

ArmInfo.According to the results of 2021, the Zangezur Copper-Molybdenum Combine topped the list of the largest taxpayers in Armenia. According to the published  data of the State Revenue Committee of the Republic of Armenia, the  enterprise sent 48.8 billion drams to the state treasury (with a  y-o-y growth of 17.2%), of which 1.7 billion drams - for customs  duties, 20.1 billion drams - for direct taxes (incl.  profit tax,  income tax), 1.6 billion drams - for indirect taxes (including VAT,  excise tax).

ArmInfo.The European Bank for Reconstruction and Development (EBRD), as well as donors, have provided a US $25mln to support to Ameriabank in Armenia for  on-lending to private businesses in the country, reports the EU  Delegation to Armenia. 

ArmInfo. The structure of Armenia's exports has seriously degraded over the past 20 years. A similar opinion was expressed by  Head of Management Advisory  Services at. Ameria company Tigran Jrbashyan on the air of the First  Channel.

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