ArmInfo.. In January-October 2021, Armenia`s national debt was up by 15.6% (against 9% in the corresponding period last year), with the10.7% moderate increase in  the external debt accompanied by a 31.1% increase in the domestic  debt. A similar situation was observed last year - a 30.5% increase  in the domestic debt, with a 3.2% increase in the foreign debt.  As a  result, by November 2021, Armenia`s national debt totaled $9.209bln  (AMD 4,400bln), with the country`s foreign debt totaling $6.707bln  and domestic debt, $2.502bln.  

ArmInfo.The Armenian government at a regular meeting without discussion approved the procedure for licensing the installation of gas equipment on vehicles running on  compressed natural or liquefied hydrocarbon gas, as well as  periodical inspection (control) of gas cylinders.

ArmInfo. The budget for Armenia within the framework of the new Swiss Cooperation Programme for the South Caucasus Region 2022-2025 will double. This is stated  in the message of the Swiss Embassy in Armenia.  

ArmInfo.At a meeting on Thursday, the Armenian government approved the draft laws "On Amendments and Additions to the Civil Code of Armenia" and a number  of related laws, according to which, the legalization of unauthorized  buildings will be stopped. "The process of illegal construction has  not been sufficiently regulated for years, as a result of which the  town-planning picture was distorted in many cities and problems with  security arose," said Minister of Justice Karen Andreasyan.

ArmInfo. A state-owned Hay-Almast CJSC is being established in Armenia. The decision, which, according to the authors' intention, will become a serious impetus  for opening new jobs in the diamond industry, attracting investments,  promoting local production and exports, was adopted at a meeting of  the RA government on December 9 in a non-negotiable manner.

ArmInfo. Armenia plans to extend the VAT exemption for electric vehicles until January 1, 2024. On December 9, Deputy Minister of Environment Gayane Gabrielyan  presented the draft law on making amendments to the Tax Code of the  Republic of Armenia.

ArmInfo.The National Assembly of Armenia adopted the draft law "On the state budget of the RA for 2022".

ArmInfo.On December 8, Chairman of SRC Rustam Badasyan hosted a delegation led by Head of Iran's Customs Administration Mehdi Mirashrafi who had arrived in  Armenia for a working visit, reports the press service of the RA  State Revenue Committee.

ArmInfo.

ArmInfo.

ArmInfo. An extraordinary general meeting of shareholders of “ACBA BANK” OJSC took place today via the CDA Online application of the Central Depository of Armenia.

ArmInfo. Armenian will close the fiscal year of 2022 with at best a 5%-5.5% growth and this year with a 5% growth, Vahen Hakobyan, Chairman of the Standing Committee on Economic Affairs and member of the Hayastan (Armenia) opposition  bloc, stated at the parliamentary debate over the 2022 draft budget. 

ArmInfo.Armenia`s financial authorities regard possible re- operation of the Amulsar goldmine as a risk with positive outcome. Armenia`s Minister of Finance Tigran  Khachatryan stated that this approach is incorporated in the 2022  draft budget.

ArmInfo. On December 13, Ardshinbank will put up for sale the next tranche of registered, coupon, non-documentary AMD bonds in the amount of 15 billion AMD.   According to the issue prospectus posted on the Central Bank's  website, the primary placement of the dram tranche is expected to be  completed on February 14, 2022.

ArmInfo.On December 8, the National Assembly of Armenia began discussions on the final version of the draft state budget of the country for 2022. As Minister of  Finance Tigran Khachatryan pointed out, following the parliamentary  discussions, a number of changes were made to the document, in  particular, the state budget deficit decreased by 6 billion 736.3  million drams - to 236.2 billion drams.

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ArmInfo.

ArmInfo.. This January-October, 30,282 children were born in Armenia, with the  birthrate being up by 0.4% as compared with the corresponding period  of last year.  During the period under review, the birthrate was  12.3% per thousand against 12.2% per thousand in the corresponding  period last year. 

ArmInfo. In January-October, 2021, Armenia`s services sector recorded a 6.4% growth as compared with the corresponding period last year (against a 12.8% decline in  the previous period) - up to AMD 1,525bln ($3bln). This October,  however, the services sector recorded a 1.5% decline, with its  turnover totaling AMD 168bln ($350mln). 

ArmInfo.