Armenia`s scores are the worst in the Energy Transition Index for the  last decade: LUYS Foundation
 Wednesday, July 3 2024,

ArmInfo. The LUYS Foundation analyzed the report

 Wednesday, July 3 2024,

ArmInfo.

Features of Armenian offshore: SRC assesses losses
 Wednesday, July 3 2024,

ArmInfo.Offshore schemes are quite widespread in Armenia. Head of the State Revenue Committee (SRC)  Rustam Badasyan made a similar assessment in an interview with Armenian Public TV.

Trend of shadow economy is reducing; Rustam Badasyan assures
 Wednesday, July 3 2024,

ArmInfo. According to the results of the first 5 months, the State Revenue Committee (SRC) of Armenia  returned 64 billion drams to the state treasury, the head of tax and customs department Rustam Badasyan said in an interview with Public Television.

Tax revenues on schedule in Armenia 
 Wednesday, July 3 2024,

ArmInfo. Tax revenues (income and duties) to the state treasury of Armenia for the first half of 2024  amounted to 1 trillion 163.2 billion drams, which is 133.4 billion drams or 13% more than the same period last year, reports the State Revenue Committee (SRC) of the Republic of Armenia. 

Ball is in US court - Armen Grigoryan on NPP construction 
 Wednesday, July 3 2024,

ArmInfo. Armenia has entered the substantive phase of construction of a new nuclear power plant,  Security Council Secretary Armen Grigoryan said on July 3 during the conference "Armenia-Eastern Partnership-EU: Challenges and Opportunities".

 Wednesday, July 3 2024,

ArmInfo.

 Tuesday, July 2 2024,

ArmInfo.

The construction of the Pullman International Hotel complex in Armenia will cost 100 million US dollars
 Tuesday, July 2 2024,

ArmInfo. One of the largest French hotel groups Accor will participate in the management of the international hotel complex Pullman Living and Residences Yerevan.  

World Bank does not change Armenia`s status as upper-middle-income  country
 Tuesday, July 2 2024,

ArmInfo. The World Bank has published a country classification by income level for the 2024 fiscal year (July 1, 2023 - June 30, 2024). According to the source, Armenia remains in the upper- middle-income category. In 2023, per capita gross national income was $7,330. In 2022, this level was $5,960, in 2021 - $4,850.

Armenian banks` delegation visits OVIO Data Processing Center
 Tuesday, July 2 2024,

ArmInfo.A delegation of heads of a number of Armenian commercial banks visited the Data Processing  Center (DPC) of OVIO, the largest one in Armenia. The visit took place at the initiative of the Union of Banks of Armenia and OVIO.

In-country tourism recorded 20% average annual growth since 2020 
 Tuesday, July 2 2024,

ArmInfo.After 2020, domestic tourism in Armenia is growing annually by an average of 20%. Anahit  Mkrtchyan, head of the tourism policy department of the RA Committee on Tourism, stated this in an interview with Public Television.

Araratbank allocates $10 million in funding to women entrepreneurs
 Tuesday, July 2 2024,

ArmInfo.In a significant move to enhance economic resilience and business growth in Armenia, the European Fund for Southeast Europe (EFSE) has extended a USD 10 million loan facility to AraratBank. This investment aims to empower women entrepreneurs by facilitating access to finance.

State Revenue Committee reminds taxpayers of tax bill deadline 
 Tuesday, July 2 2024,

ArmInfo. The deadline for filing an online income declaration for individuals - citizens of Armenia who  are residents of the Republic of Armenia, for 2023 expires on July 22 of this year, recalls the State Revenue Committee (SRC) of Armenia.

Powers of Armenia`s Economic Competition Protection Commission to be  expanded 
 Tuesday, July 2 2024,

ArmInfo.Chairman of the Commission for the Protection of Competition of the Republic of  Armenia Gegham Gevorgyan spoke at a meeting of the intergovernmental group on legislation and policy in the field of consumer protection of the United Nations Conference on Trade and Development (UNCTAD) in  Geneva.

Viva-MTS announces rebranding 
 Monday, July 1 2024,

ArmInfo. CJSC "Viva Armenia" announced rebranding - henceforth the company will continue to  operate in the Armenian market under the trademark (brand) Viva instead of Viva-MTS.

Opinion: project to operate Chabahar port  in medium term will  increase Armenia`s transit capacity
 Monday, July 1 2024,

ArmInfo.The implementation of the project to operate the port of Chabahar, which is intended to  become a transit hub within the framework of the International North-South Transport Corridor , is a fairly promising project being implemented with Indian funding. Alexandr Zaboev, Head of the Center  for Integration Studies of the Eurasian Development Bank (EDB) stated in a conversation with ArmInfo on the sidelines of the Eurasian Development Bank's (EDB)  Annual Meeting and Business Forum in  Almaty. 

 Monday, July 1 2024,

ArmInfo.

Based on preliminary estimates, construction of Ajapnyak metro  station will be completed by 2030-2032
 Monday, July 1 2024,

ArmInfo.According to preliminary estimates, the construction of the Ajapnyak metro (subway) station  will be completed by 2030-2032. This was reported to Yerevan Mayor Tigran Avinyan during a working meeting of the capital's mayor's office on July 1.

Armenia takes over BSEC chairmanship
 Monday, July 1 2024,

ArmInfo.On July 1, Secretary General of the Organization of the Black Sea Economic Cooperation  (BSEC) Lazar Comanescu will arrive in Yerevan. This was reported by the press service of the Armenian Foreign Ministry.

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