ArmInfo. The state will direct 50 million drams on the development of business plans for 50 unemployed citizens - beneficiaries of the small business assistance  program of the State Employment Agency of the Ministry of Labor and  Social Affairs of the Republic of Armenia.

ArmInfo.During this period, in case of non-fulfillment or partial fulfillment of the regular loan repayments, the loan will not be classified, will not be considered overdue, penalties, fines will not be applied, the credit history will not suffer.

ArmInfo. Revenues of the communication sphere of Armenia in the first quarter of 2020 amounted to 34.8 billion drams ($ 72.2 million), decreasing by 1.2% year on  year, against the 2.3% growth a year earlier.

ArmInfo.The volume of cargo transportation in Armenia in the I quarter of 2020 increased by 2.6% compared to the same period of the previous year - up to 2927.3  thousand tons, against the decline by 60.3% a year earlier. Of these,  1,592.8 thousand tons (54.4% of the total) accounted for road  transport, which decreased by 4.8%, against a decline of 72.2% a year  earlier. This is stated in the report of the Statistical Committee of  the Republic of Armenia.

ArmInfo. 35 criminal cases on violations and abuses during the execution of land sublease to telecommunication operators were instituted and accepted into  production.

ArmInfo. The regular meeting was  held in the government of Armenia under the chairmanship of the Prime  Minister of the Republic of Armenia Nikol Pashinyan, dedicated to the proposals on revising the system of taxation of real estate.   According to the press service of the government, the proposals  concerned property tax rates, in particular apartments, public,  industrial areas, garages, and undeveloped land plots. In addition,  the methodology for assessing property and territories, the possible  consequences of changes in rates were touched upon.

ArmInfo. Given the current  state of emergency of Covid-19 and the needs of vulnerable producers  for small-scale agricultural machinery, the European Union and the  Austrian Development Agency within the EU Green Agriculture  Initiative in Armenia (EU-GAIA) project, will provide small-scale  tillage machines (motoblocks) to the communities of Shirak, Tavush  and Lori regions. 

ArmInfo. Converse Bank’s new Mobile application allows you to make domestic and international money transfers by following just a few simple steps. Mobile transfers can be performed with  passport/ID data, Card2Card transfers to payment cards of foreign banks, SWIFT transfers, other. Accordingly, the transfer options can be easily accommodated to your needs even with limited information about the recipient.

ArmInfo.As part of the joint program of ACBA-Credit Agricole Bank and NABU (German Conservation and Biodiversity Union), "Darman" tea, produced in the Tavush region, received a certificate of organic production. According to the press  service of the ACBA-Credit Agricole bank, the producer of organic  <Darman> tea Gnel Nazanyan is already exporting his production to the  markets of the Russian Federation, the USA and France.

ArmInfo. RA Prime Minister Nikol Pashinyan reported on the progress in implementing anti-crisis measures developed by the government to mitigate the socio- economic  consequences of the coronavirus.

ArmInfo.At the May 11 sitting, the Armenian parliament ratified the agreement with Singapore on the freedom of goods, services and investments.

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ArmInfo.In the state of emergency, the State Employment Agency of the Ministry of Labor and Social Affairs of the Republic of Armenia continues to implement the program "Stimulating seasonal employment", the main purpose of which is to  provide assistance to agriculture.

ArmInfo. The average annual return on assets by type of funds managed by RF Amundi-AKBA Asset Management is at a fairly high level - within 8.7-9.1% (from the  moment of creation).

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ArmInfo. The SRC has created a new alternative for paying taxes online, the press service of the State Revenue Committee (SRC) of Armenia reports. 

ArmInfo. According to the results of the 1st quarter of 2020, the alcohol industry of Armenia reduced production volumes for all types of products. This is evidenced by  the data of the RA Statistical Committee.

ArmInfo.Tough reforms in the Armenian economy seem inappropriate in the conditions of global transformations observed in the world, member of the My Step  parliamentary faction Varazdat Karapetyan expressed a similar opinion  to ArmInfo.

ArmInfo.Armenia will sign a number of documents on amendments to financial agreements with the European Investment Bank (EIB) and the French Development Agency (FDA). This is stated on the website of the RA government.