ArmInfo.

ArmInfo.

ArmInfo. "I do not think that the pension reform is untimely, since today the share of citizens in terms of social payments accounts for only 2.5%," Vigen Shahnazaryan, a leading expert of the Financial System Regulation Department of the Central Bank of Armenia, said during a conference initiated by the  Club of Economic Journalists of Armenia.

ArmInfo. With regret we have to admit that the growth rates of the RA economy, recorded in the first quarter of 2019 turned out to be lost in 2020. RA Prime Minister Nikol Pashinyan announced on July 22 at a meeting with entrepreneurs.

ArmInfo.

ArmInfo. The situation with the  sale of Armenian fruits in the Russian market was stabilized. On July  21, during a video conference organized by the Armenian service of  Radio Liberty, the Spokesperson of the RA Ministry of Foreign Affairs  Anna Naghdalyan stated this.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.On 22nd of July, IDBank will issue bonds at the volume of USD 5 million. The maturity of the issue of bonds is 2 years and 3 months, the annual coupon interest rate is 4.75%, and coupons should be paid quarterly․

ArmInfo. Since the Soviet times  Armenia was noted for its textile industry. Armenia's second largest  city - Gyumri, home to a big textile factory - had a whole district  called "Textile". These days, fashion, with its major potential, is  becoming a force of its own along with the textile industry. The  EU-funded Eastern Partnership: Ready to Trade EU4Business initiative  supports the development and exports of local companies. The project  is implemented by the International Trade Centre, the press release  of the press release of European Union's EU4Business reports. 

ArmInfo. The Digitalization  Council was held in the Office of Government, chaired by Prime  Minister of Armenia Nikol Pashinyan. The draft of Armenia's 2020-2025  digitalization strategy was discussed during the meeting.

ArmInfo.Since the Soviet times Armenia was noted for its textile industry. Armenia's second largest city - Gyumri, home to a big textile factory - had a whole district called "Textile".

ArmInfo. On the section 265 +  000-270 + 000 km of the road of interstate importance  Yerevan-Yeraskh-Goris-Meghri-Armenian-Iranian border, near the  settlement of Shurnukh, Syunik region, work has started on overhaul  of roads.

ArmInfo.

ArmInfo.

ArmInfo. On July 22, IDBank will  start the primary placement of the next tranche of dollar bonds in  the amount of $ 5 million. According to the issue prospectus of this  issue posted on the Central Bank's website, completion of the primary  placement of this tranche is scheduled for October 20. 

ArmInfo. Deputy Prime Minister  of Armenia Mher Grigoryan took part in a regular meeting of the  Council of the Eurasian Economic Commission in through video  conference.

ArmInfo. The four telecom  operators of Armenia for the H1 of 2020 paid a total of 15.8 billion  drams to the budget through taxes, which is 47.7% higher than the  indicator a year ago. Of this amount, 9.9 billion was paid in direct  taxes (including income tax, tax on profits) and 6.8 billion in  indirect taxes (including VAT, excise tax).

ArmInfo.  In the H1 of 2020, the  insurance sector of Armenia paid taxes for 1.2 billion drams, which  is 23.9% higher than a year ago. Out of this amount, 339.6 million  drams fell on income tax, with a y-o-y growth of 37.6%.