ArmInfo.The allocations to education, science, culture and sports will amount to 223.3 billion drams in 2022, or 27.4% more than the target for 2021. Prime Minister  of Armenia Nikol Pashinyan stated this on October 25 in parliament  presenting the draft law "On the state budget of the Republic of  Armenia for 2022".

ArmInfo.Armenian Prime Minister Nikol Pashinyan believes that unblocking the economic and transport infrastructure of the region can qualitatively change the content and structure of the RA economy. He stated this in the parliament on  October 25, presenting the draft law "On the state budget of the  Republic of Armenia for 2022".

ArmInfo. In 2022, Armenia's defense budget will grow by 11%.  Prime Minister of Armenia Nikol Pashinyan stated this on October 25 in parliament presenting the  draft law "On the state budget of the Republic of Armenia for 2022".

ArmInfo. Armenia claims to become a country with a strong metallurgical and metalworking industry. Prime Minister of Armenia Nikol Pashinyan stated this on  October 25 in parliament presenting the draft law "On the state  budget of the Republic of Armenia for 2022".

ArmInfo. With a talented human resource, an open culture and a powerful Diaspora, Armenia can become a home for numerous innovations. A similar opinion was expressed by the Chairman of the Central Bank of Armenia Martin Galstyan during his speech at the 3rd " Summit of Minds".  "Armenia is the ideal place where solutions aimed at transformations can be identified and implemented," he stressed.

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ArmInfo. Armenia and San Marino discussed the possibilities of cooperation in the field of high technologies. This became known following the meeting of the Minister of High-Tech Industry of Armenia Vahagn Khachtaryan and the Minister for Industry, Handicraft and Trade Fabio Righi, which took place in Italy.

ArmInfo. From October 18 to October 22, 2021, the volume of dollar transactions in the foreign exchange interbank of Armenia decreased by 65.3%, after a 4-fold rise in the previous week (from October 11 to 15). At the same time, on the intra-bank foreign exchange market during this period, the trend of dollar transactions turned towards a decline, the upward dynamics of euro transactions changed to multidirectional ones, and in ruble transactions, the preservation of the downtrend in sales was accompanied by a decline in purchases. The exchange currency platform has been idle for the fourth year already.

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ArmInfo. One of the most significant and annual events in the field of engineering- "Engineering Week" has started in Armenia, which is dedicated to the development of applied engineering and scientific-production solutions in the country.

ArmInfo. Deputy Minister of  Economy of Armenia Arman Khojoyan, who oversees the state policy in  the field of agriculture of the republic, will visit the capital of  the Russian Federation on October 24-26.

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ArmInfo.The Armenian government is simplifying the licensing process in a number of areas of activity. Corresponding amendments to the RA law "on licensing" were  approved on October 21 at a government session.

ArmInfo.Armenia, together with the main shareholder of GeoProMining, Roman Trotsenko, is working on a roadmap that will determine the actions of the parties to launch a copper smelter within two to three years. Other mining companies of  the RA have also become interested in the project. Minister of  Economy of the Republic of Armenia Vahan Kerobyan announced this to  an interview with journalists on October 21.  

ArmInfo.Iran is interested in cooperation with Armenia in the field of transport,  infrastructure, agriculture and high technologies. President of  Iran-Armenia Chamber of Commerce  Hervik Yarijanian stated this  during a meeting with Minister of Economy of Armenia Vahan Kerobyan.

ArmInfo. The insurance sector of Armenia in January- September 2021 paid taxes for 2.1 billion drams ($ 4.3 million), which is 31.3% higher than a year ago  (against 33.3% growth a year earlier). Of this amount, 1.8 billion  drams fell on direct taxes, with a y-o-y growth of 28.6% (against  16.7% growth a year earlier).

ArmInfo.The Eurasian Development Bank will provide Armenia with grant funds in the amount of $ 3 million to modernize and increase the capacity of the  republic's health care system in the fight against coronavirus  infection.

ArmInfo. In January - September 2021, the banking system of Armenia sent 40.9 billion drams or $ 84.5 million to the state treasury through taxes, which is 7.6%  more than a year ago.

ArmInfo. In January-September 2021, Gazprom Armenia CJSC regained its leading  positions in the list of the largest taxpayers in Armenia, increasing  payments to the state treasury by 9.7% over the year to 38.3 billion  drams ($ 79 million). According to the State Revenue Committee, a  year earlier Gazprom Armenia occupied the 2nd position. The company  paid over 193 million drams for customs duties, 3.5 billion drams for  direct taxes, 33.9 billion drams for indirect taxes.