ArmInfo. The Armenian government is discussing an investment program worth about 60 million US dollars, for the establishment of a network of gas stations of a new standard and quality, RA Minister of Economy Vahan Kerobyan told reporters on August 27 after a government meeting.

ArmInfo. Babken Tunyan was  elected Deputy Chairman of the Standing Committee of the National  Assembly of Armenia on Economic Affairs. The decision was made at a  meeting of the relevant commission. 4 people voted for Tunyan's  candidacy, 2 abstained.

ArmInfo.

ArmInfo.

ArmInfo. Minister of High-Tech  Industry of Armenia Vahagn Khachaturyan received Ambassador  Extraordinary and Plenipotentiary of the Republic of India to the  Republic of Armenia Kishan Dan Dewal on August 26.

ArmInfo. Over the year,  Armenia has improved its positions by 2 points in the  Index of  Economic Freedom moving from 34th to 32nd place (against 47th in  2019). Index of Economic Freedom is an annual guide published by The  Heritage Foundation, Washington's No. 1 think tank.

ArmInfo.South Caucasian  Railway CJSC (SCR) and "Transmashholding" JSC (TMH) signed a memorandum  on the development and production of passenger rolling stock that  will best meet the future requirements of the customer and passengers  for the level of technical equipment and comfort.

ArmInfo. Economic activity in  Armenia in January-July 2021, increased by 5.2% per annum (against a  5.7% decline a year earlier), accompanied by an accelerated growth in  exports and imports. In July of this year, by July 2020, economic  activity increased by 5.8% (against a decline of 10.2% a year  earlier), while in July 2021 alone it slowed down growth to 7.4% from  June 12%, which was also observed in July 2020 - to 9.4% from 14.8%  in June.

ArmInfo. The largest allocation by International Monetary Fund of Special Drawing Rights (SDRs) in history-about US$650 billion-comes into effect today. Ms.  Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF) made the following statement, according to the IMF website.

ArmInfo. Armenia will host the fvw DRV Destination Forum Armenien organized by the Tourism Committee of the Republic of Armenia, the German Tourism Association  Deutscher Reiseverband (DRV) and the fvw authoritative travel magazine. About 70 specialists from Germany will arrive in Armenia to participate in the forum.

ArmInfo. As of August 20, 2021, tax revenues (tax revenues and state duties) of the state treasury of Armenia amounted to 974.2 billion drams, or 94.1% of the planned figure for 9 months, reports the Budget Office of the RA National Assembly, referring to operational data.

ArmInfo. Economist, member of the  Hayastan Alliance ("Armenia" - Ed. note) Tadevos Avetisyan does not  believe in the feasibility of the economic program of the government  of Nikol Pashinyanan for 2021-2026. He stated this on August 25 at a  parliamentary meeting during the discussion of the Cabinet's program  for the next 5 years.

ArmInfo. ՀՀ պետական եկամուտների կոմիտեն հայտնում է, որ Եվրասիական տնտեսական միության շրջանակներում նույնականացման միջոցներով ապրանքների դրոշմավորման ազգային օպերատոր ճանաչված «Հեռանկարային տեխնոլոգիաների զարգացման կենտրոն-Արմենիա» սահմանափակ պատասխանատվությամբ ընկերությունը ներդրել է համապատասխան համակարգեր  և  պատրաստ է իրականացնել դրոշմավորումը հետևյալ ապրանքախմբերի մասով․

ArmInfo. Armenia should turn from an importing country of 

ArmInfo. State support programs for agriculture have an effective impact on the development of processing enterprises in Armenia. This was stated by the RA  Deputy Minister of Economy Arman Khojoyan during his visit to the Proshyan Brandy and Ararat Wine Factories, where reconstruction and re-equipment of enterprises is being carried out.  According to the press service of the RA Ministry of Economy, during the trip, Arman Khojoyan discussed with the representatives of the two companies the  instruments of state support in the process of harvesting grapes, the existing problems in the production of wines and brandy and possible ways to solve them.

ArmInfo. The current irrigation system in Armenia is a system of losses of water resources, Armenian Prime Minister Nikol Pashinyan said on August 24 at a parliamentary meeting, during the presentation of the government's program for  2021-2026.

ArmInfo. One of the fundamental problems of the Armenian economy is the low level of labor productivity, Armenian Prime Minister Nikol Pashinyan said on August 24 at a parliamentary meeting, during the presentation of the government's program for 2021-2026.  So, according to Pashinyan, studies show that in Armenia this figure is $ 6.8. "This means that one worker, on average, creates a product worth $ 6.8 per hour of  work. This is a very bad indicator. For example, in Russia, productivity is $ 11.7, in the European Union, on average, $ 42.7, there are some countries in the EU where productivity exceeds $ 100, "he explained, adding that this indicates one of the important basic problems in the Armenian economy.

ArmInfo. In an interview for GlobalMarkets, Artak Hanesyan, Ameriabank’s CEO, explains the bank’s strategy and highlights some of the key reasons for its success in the Armenian market.  

ArmInfo. Converse Bank has finalized the results of two VISA cobranded campaigns.

ArmInfo. Customs reforms are a priority for the State Revenue Committee (SRC). Rustam Badasyan, Chairman of the SRC, announced this during a meeting of the Public  Council on Tax Administration Reform.