ArmInfo.One of the most important problems facing the Armenian economy is a serious violation of the trade balance and structural imbalance of the economy.

ArmInfo.Idram is joining to the newly created idplus digital loyalty system. Now paying with Idram is not only fast and convenient, but also more profitable: bonuses have now been added to the cashback received from partners for payments. From now on, idplus is the new strategic partner of Idram.

ArmInfo.In the first half of 2022, Armenia recorded a considerable increase in its trade with the Eurasian Economic Union (EAEU) member-states, Armenia's Premier Nikol  Pashinyan stated at a meeting of the Eurasian Intergovernmental  Council.  

ArmInfo.

ArmInfo. In H1 2022, 213,652 citizens of the Republic of Armenia (32.7% of the total number of migrants) returned to Armenia from abroad, which is 56% more than a  year ago. According to the data of the border electronic management  system, during the reporting period, 255,460 citizens of the Republic  of Armenia left the country (40.1% of the total number of migrants),  with a y-o-y increase of 19.1%.

ArmInfo.Prime Minister of Armenia Nikol Pashinyan, who is in Kyrgyzstan's Cholpon-Ata on a working visit, the Heads of Government participating in the regular  session of the Eurasian Intergovernmental Council met with the  President of Kyrgyzstan Sadyr Japarov.

ArmInfo.An increase in economic activity up to 13.1% (5.2% last year) in Armenia this January-July, was accompanied by an upward trend in exports and imports. This July  against July 2021, 19.4% economic activity was recorded (5.8% in the  corresponding period last year), with 8.5% growth recorded this July  against 17% this June, similarly to last July (7.4% against 12% last  June). 

ArmInfo.

ArmInfo.Visa Direct enables remitters to top up international Visa cards through “Visa international transfer” service of AraratMobile App.

ArmInfo.

ArmInfo.The Armenian government will stimulate investments up to 500 million drams and more by solving infrastructure problems. The corresponding decision was made  on August 24 at a Cabinet meeting.

ArmInfo. The Government of Armenia has accepted as a gift 6.875% of the shares of Zangezur Copper-Molybdenum Combine CJSC from AMP Holding and transferred it to  the Armenian National Interest Fund (ANIF) for trust management. The  decision was made on August 24 at a government meeting.

ArmInfo.The traders working at the Surmalu shopping center would not face problems now if they had insured their businesses, Armenia's Minister of Economy Vahan  Kerobyan told reporters on Wednesday. 

ArmInfo.Around 17,000 pensioners and people receiving benefits are participating in a  government-sponsored 10% cashback programme for purchases by means of  cashless settlements this July. A total of AMD 44mln will be  transferred to their bank cards within a couple of days, Armenia's  Minister of Labor and Social Affairs Narek Mkrtchyan said.

ArmInfo.

ArmInfo.This September the basic pension will be raised 17% in Armenia, with a 7% average pension rise. 

ArmInfo. On August 23, the Board of the Eurasian Economic Commission decided to establish and distribute tariff quotas for a number of types of meat products and  whey for 2023. This was reported by the press service of the EEC.

ArmInfo. The Armenian government has revealed the main directions of tax policy for the next three years. The document entitled "Tax Revenue Management Program for  2022-2025", signed by Armenian Prime Minister Nikol Pashinyan, allows  us to assess the scale of the expected changes.

ArmInfo.The expenditures of the state budget of Armenia for January-July 2022 amounted to 1 trillion 94.7 billion drams (about $2.2 billion). Compliance compared to the  updated plan for January-September amounted to 65.2%. At the same  time, 16.6% of the total expenditures or 181.5 billion drams alone  were allocated to cover the defense sector expenditures, which is 60%  of the adjusted figure for 9 months.

ArmInfo.This January-July, the tax revenues of Armenia's consolidated budget totaled 1,086.7bln, which is 81.4% of the target for January-September 2022, 1,334.9bln.