ArmInfo.The State Revenue Committee of Armenia (SRC) plans to expand the mechanisms for encouraging good law-abiding taxpayers. According to the press service of the ministry, the Committee has developed new mechanisms for encouraging law-abiding, conscientious tax agents.  

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ArmInfo.The spring holidays are at full swing in Converse Bank. The Bank, in cooperation with its commercial retail partner Hermitage, comes up with a new surprise.

ArmInfo.

ArmInfo.. Prime Minister Nikol Pashinyan held a video call with President of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso, the press service of the Prime Minister informs.

ArmInfo. Today Evocabank’s representatives rang AMX’s opening bell in celebration of the first listing of bonds on the Exchange platform.

ArmInfo.Under the most optimistic scenario, Armenia's GDP will grow to 2% by the end of the year. If pessimistic forecasts are confirmed, the economy will collapse to  4-5%.  Economist Atom Margaryan stated this in an interview with ArmInfo.

ArmInfo. For the second time this year, the Central Bank of Armenia announces its intention to intervene in the foreign exchange market to ensure the normal  operation of the financial sector. This is stated in the statement of  the Central Bank of the Republic of Armenia issued on April 8.

ArmInfo. On April 12, Ameriabank will begin the initial placement of the next tranches of dollar and AMD registered, coupon and non-documentary bonds with the issue  volumes of $ 20 million and 5 billion drams.

ArmInfo.Ardshinbank and Visa offer their clients "smart" Visa payment rings. Visa Payment Ring is the first wearable device with a built-in NFC-module in the form of a ring with the ability to make payments and linked to the Visa cardholder’s account.

ArmInfo.In 2020, the unemployment rate in Armenia fell to 16% from 17.1% in 2019. This is evidenced by the data of the RA Statistical Committee.  

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ArmInfo. For the period from January 1, 2021 to April 1, in comparison with the same period last year, the number of trade organizations - residents of the Republic  of Armenia, individual entrepreneurs (IE) and non-IE individuals,  operating in the micro-entrepreneurship system, increased by 18%.

ArmInfo.The volume of total foreign investment (all types and forms of investment - Ed.) in the real sector of the Armenian economy in January-December 2020 compared  to the same period in 2019 decreased by 39% (against 19% growth a  year earlier), amounting to $1.8 billion in 2020. The share of FDI in  total foreign investment in January-December 2020 accounted for 26%  (against 20% a year earlier) or $466 million, which is lower than in  2019 by 21% (against a 2% decline a year earlier). This is evidenced  by the data of the RA State Committee.

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ArmInfo. Former Minister of Economy of Armenia  Karen Chshmarityan harshly criticized the concept of creating a  Centralized register of bank accounts in the Central Bank of the  country.

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ArmInfo.Armenia's foreign trade turnover in January-February 2021 amounted to $ 925.4 million, falling by 12.2% per annum. According to the final data of the  Statistical Committee of the Republic of Armenia, this was  accompanied by a more noticeable drop in import volumes - by 15.8% to  $ 571 million, than exports - by 5.5% to $ 354.4 million.