Monday, January 29 2024, 17:32
ArmInfo. The second Amundi-Acba Economic Forum 2024 was held in Yerevan on January 24, which brought together thought leaders, industry experts, and innovators to explore and discuss critical topics shaping the economic landscape. Jean Mazedjian, CEO of Amundi-Acba Asset Management, mentioned during his greeting that, taking into account the results of last year's forum, it was decided to make the event
traditional and hold it every year.
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Monday, January 29 2024, 17:29
ArmInfo.There are currently no reasons for concern regarding the growth of consumer lending in Armenia. Deputy Governor at Central Bank of Armenia Armen Nurbekyan said, answering questions during a panel session at the economic forum organized by Amundi-ACBA Asset Management, the pension fund
management company.
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Monday, January 29 2024, 17:27
ArmInfo. Six out of ten regions of Armenia experience almost no GDP growth. Chairman of the Republican Union of Employers of Armenia, economist Gagik Makaryan said on January 29 during a discussion on the topic "Trends in the economic development of the Republic of Armenia in the context of the economic distribution of large taxpayers."
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Monday, January 29 2024, 17:24
ArmInfo. 95% of Armenian IT sector services are exported. Chairman of the Republican Union of Employers of Armenia, economist Gagik Makaryan announced during a press conference on January 29, organized by the Club of Economic Journalists.
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Monday, January 29 2024, 17:22
ArmInfo. The most important sectors of the Armenian economy, which are of strategic importance for the republic and capable of providing it with long-term and stable economic growth, are targeted by Baku.
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Monday, January 29 2024, 17:19
ArmInfo. If in 2022 the list of 1000 largest taxpayers in Armenia included 8 mining organizations, then in 2023 there were already 5 of them. Vardan Janyan, First Deputy General Director of Zangezur Copper-Molybdenum Combine CJSC (ZCMC), President of the Union of Miners and Metallurgists of Armenia stated on January 29 b during a discussion on the topic "Trends in the economic development of the Republic of Armenia in the context of the economic distribution of large taxpayers" at the Club of Economic Journalists.
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Monday, January 29 2024, 17:18
ArmInfo.The taxes paid by TOP-10 of the list of 1000 largest taxpayers of Armenia make up about 20% of the budget; for example, TOP-10 in Germany pay only 2.5% of taxes. In 2021, the figure in Armenia was 85%, and in 2022 it was only 58.2%. A 1.5-fold decline indicates successful economic diversification.
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Monday, January 29 2024, 14:51
ArmInfo.The European Union intends to attract up to EUR10 billion in investments to establish a transport corridor from Central Asia to Europe through the Transcaucasus and Turkey, bypassing Russia, but so far Brussels is ready to allocate only EURO 2.97 billion for these purposes in the form of two credit lines from the European Investment Bank (EIB ) and the European Bank for Reconstruction and Development (EBRD), informs the statement of the European Commission, made within the framework of the Investors Forum for EU-Central Asia Transport Connectivity that opened in the Belgian capital.
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Monday, January 29 2024, 13:53
ArmInfo.Ardshinbank CJSC has chosen OLYMPIC Banking System to support its securities and forex operations.
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Monday, January 29 2024, 12:37
ArmInfo. In 2021-2022, a fivefold increase in money transfers from Russia to Armenia was recorded - from $867 million to $4,385mln. However, the reasons for opening accounts in Armenia were, among other things, gaining access to international payment systems, Russian Vice-Premier Alexey Overchuk stated this in an interview with Expert magazine, speaking about the advantages of the Eurasian Economic Union (EAEU) over the EU.
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Monday, January 29 2024, 12:36
ArmInfo.The results of 2023 indicate that the real (export) economy has "lost" its position to non-export industries, which are experiencing a temporary boom under the influence of exogenous factors, Former head of the State Revenue Committee of Armenia Davit Ananyan wrote on his Facebook account, commenting on the "List of the 1000 largest taxpayers of the Republic of Armenia" recently published by the tax authority.
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Monday, January 29 2024, 12:29
ArmInfo.Armenian National Airlines CJSC, better known as Fly Arna, has not been operating flights since January 10, an informed source told ArmInfo.
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Friday, January 26 2024, 21:03
ArmInfo. In 2023, the banking system of Armenia doubled tax payments to the state treasury - up to AMD 123.5bln ($305 million), of which AMD 71.5bln were for direct taxes (with an annual increase of 39.7%).
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Friday, January 26 2024, 17:00
ArmInfo.In 2023, AMD 51.9bln were returned to 38,911 beneficiaries of the income tax refund program within the framework of mortgage lending, which exceeds the previous year's figures by 42%, and the number of beneficiaries by 33%.
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Friday, January 26 2024, 15:56
ArmInfo."LIGA Insurance" topped the list of the largest taxpayers in Armenia among insurance companies. According to data from the State Revenue Committee, the LIGA Insurance insurance company rose to the 384th place (the 554th in 2022), paying AMD 815.1mln the state budget, of which AMD 682.6mln as direct taxes.
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Friday, January 26 2024, 15:54
ArmInfo.Four telecom operators in Armenia - MTS Armenia, UCom, Team Telecom Armenia and GNC Alpha - paid 39.2 billion drams to the state treasury in taxes for 2023, which is 14% higher than a year ago. Of this amount, 324.8 million drams were paid for customs duties, 9.7 billion - for direct taxes (including profit tax, income tax) and 17.6 billion - for indirect taxes (including VAT, excise tax).
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Friday, January 26 2024, 15:52
ArmInfo.For the second year in a row, the Zangezur Copper- Molybdenum Combine (ZCMC) tops the list of the largest taxpayers in Armenia. According to data from the State Revenue Committee, the company sent 70.8 billion drams to the state treasury in 2023 (with an y- o-y decline of 50.8%), of which 5.2 billion drams were for customs duties, 27.1 billion. drams - for direct taxes (including profit tax, income tax), 5.6 billion drams - for indirect taxes (including VAT, excise tax).
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Friday, January 26 2024, 12:59
ArmInfo.The past few years have seen a remarkable surge in the development of Armenia's fintech sector, driven by a vibrant amalgamation of factors. A youthful, tech-savvy population, supportive government policies, and a steadily growing economy have all contributed to this impressive expansion.
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Thursday, January 25 2024, 21:41
ArmInfo. The average market price of apartments in the regions of Armenia in 2023 increased by 13.4%, amounting to 130.8 thousand AMD/1 sq.m.
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Thursday, January 25 2024, 21:40
ArmInfo. At the end of 2023, the average market value of real estate in apartment buildings in Yerevan increased by 10.3% year-on-year, amounting to 425.3thousand AMD/1 sq.m. According to data from the State Committee of the Real Estate Cadastre of the Republic of Armenia, the highest prices for apartments in Yerevan are traditionally held by the Kentron (Center) community - on average 837.7 thousand AMD/1 sq.m. (y-o-y growth of 13.5%).
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