ArmInfo. Out of 500 newly established companies in Armenia only one manages to grow further, while in Europe one out of 40-42 new enterprises becomes large.   Armenian Minister of Economy Vahan Kerobyan stated this in his next  interview.

ArmInfo.Minister Agriculture, Rural Development and Food of Greece Spilios Livanos  at a meeting with newly appointed RA Ambassador Tigran Mkrtchyan  expressed hope that during the period of the Ambassador's activity in  their country, bilateral Armenian-Greek relations in the field of  agriculture will become more active and effective.

ArmInfo. Last year, Armenia's gross international reserves (GIR) totaled $3.215bln - up by $599.4mln or 23% (against an 8.2% decline in 2020 and a 26.1% growth  in 2019).

ArmInfo.The Ministry of Territorial Administration and Infrastructures explained the grounds for exempting passengers of the Yerevan-Istanbul flight from the "air  tax".

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ArmInfo.On January 27, the Armenian government made changes to a number of programs implemented in the field of agriculture.

ArmInfo.The gross turnover of the restaurant business in Armenia fell by 20%. Armenian Minister of Economy Vahan Kerobyan told journalists about this during a  briefing after the government meeting, commenting on the impact of  COVID restrictions in the catering sector.

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ArmInfo.The Eurasian Fund for Stabilization and Development (EFSD) will provide a $1.719mln grant to Armenia for enhancing energy efficiency in public buildings. 

ArmInfo. Fly Arna, Armenia's national airline and a joint venture company between the Armenian National Interests Fund (ANIF) and Air Arabia Group, has announced  the appointment of Mr. Antony Price as Chief Executive Officer.

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ArmInfo. The Board of the Eurasian Economic Commission (EEC) adopted a recommendation aimed at developing cooperation between the states of the Eurasian Economic Union in the copper industry.

ArmInfo. The banking system of Armenia for 2021 increased tax deductions to the state treasury by 6.3% - up to 52.2 billion drams ($108.8 million). Of this amount,  87.2% or 44.7 billion drams was paid in direct taxes, with a y-o-y  growth of 4.4%.

ArmInfo. Armenian banks managed to improve the dynamics of net profit in 2021 with a 54% growth (from a 22.3% decline in 2020). In absolute terms, the total profit of the  system amounted to 87.3 billion drams or $181.8 million.

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ArmInfo. Last year, Armenia's insurance sector paid taxes totaling AMD 2.6bln - up by a 36.8% as compared with 2020. Direct taxes totaled AMD 2.2bln or 87.7% of the  total amount. 

ArmInfo.According to the data of January-December, 2021, Ameriabank is the largest taxpayer among Armenian banks. It paid taxes to the state budget for the total amount of AMD 8.9 bln (as of December 31, 2021).

ArmInfo.The construction of the Yeraskh-Julfa-Ordubad- Meghri-Goradis railway is not a heavy burden for Armenia from a financial point of view. Prime Minister of  Armenia Nikol Pashinyan stated this live.

ArmInfo.  (trademark VivaCell-MTS) has become the leader among telecom operators in the list of the largest taxpayers in Armenia, having  risen to 8th place from 10th a year earlier.

ArmInfo.In 2022, Armenia will allocate 144 billion drams (about 295 million US dollars at the current exchange rate) to Nagorno-Karabakh as budgetary support, RA  Prime Minister Nikol Pashinyan told Artsakh Republic President Arayik  Harutyunyan on January 24 during a meeting on solving social and  infrastructural problems in Artsakh.