ArmInfo. According to preliminary  data, the economic growth in Armenia in 2019 formed 7.6%, Armenian Deputy Prime Minister Tigran Avinyan mentioned on his   social networks pages. According to him, this is the highest  indicator  since 2008.

ArmInfo.

ArmInfo.

ArmInfo. The RA Prosecutor General's Office presented indicators on the disclosure of economic crimes and the identification of damage caused to the state in 2019.

ArmInfo.  Armenia attaches importance to the active participation of the European Union in reform programs.  RA Minister of Finance Atom Janjughazyan announced  this on February 19 during the reception of Head of the EU Delegation   to Armenia, Ambassador Andrea Victorin.

ArmInfo.  The number of cash register receipts issued to Armenian citizens is growing steadily. On February 18, David Ananyan, Chairman of the State Revenue Committee  (SRC) of the RA, stated this in an interview with reporters.

ArmInfo. Armenia is not ready for serious investments today. Bagrat Asatryan, an economist and former chairman of the Central Bank of Armenia, said this at a  press conference in Yerevan on February 19.   Referring to the indicators of economic activity in 2019 and the  challenges of 2020, he noted that the growth in investment over the  past decade was mainly due to specific events and specific  transactions. Meanwhile, there are still no institutional mechanisms  to solve the existing problem. "From an institutional point of view,  Armenia is not ready for investments, but we should not wait for the  results of this or next year," he said, not excluding the possibility  of 1-2 deals, which, however, will not solve the problems.   The economist emphasized that the authorities should do something in  this direction, specific solutions are needed, including using  budgetary funds that could be directed to the development of specific  programs and their presentation to the international community. In  this case, according to Asatryan, a positive trend can be expected,  but you should not expect qualitative changes in a short period of  time.  According to Bagrat Asatryan, when applying specific steps  that are able to regulate the field, the results can be expected in  short term. "Develop the judicial system, and I promise you that the  investment flow will increase qualitatively, and interest rates in  the banking system will decrease significantly. The issue of property  rights, the law on property declarations are insufficient to solve  this problem, it is necessary to find solutions that would become  reality, not a promise, especially given the current situation, "said   the economist.  Touching upon Amulsar issue, the economist noted  that this, of course, could have a negative impact on the investment  environment. "There are certain dangers, such problems must be  resolved quickly. They should not be put off, the authorities should  be decisive. Each day of delay endanger the republic, "Bagrat  Asatryan said.

ArmInfo.Thebell of the ArmenianStock Exchange announced the listing of IDBank’s dollar bonds of 2nd issue of 2019. Thus, 4 tranche bonds issued by IDBank with a volume of 15 million USD and 250 millionAMD arecurrentlycirculatedinthesecondarymarket.

ArmInfo. In the near future, the State Revenue Committee of Armenia intends to minimize the human factor during tax inspection.

ArmInfo.  With the interval in each quarter, two companies will be privatized in Armenia in 2020. By decision of Prime Minister Nikol Pashinyan the schedule of  preparatory work for the privatization of state property for 2020 was  approved. This was reported by the press service of the Government of  Armenia.

ArmInfo.

ArmInfo.

ArmInfo.Armenia was among the champions in the growth of tourist flow from Russia. Among the leaders are also Latvia and Hungary, Irina Tyurina, Spokeswoman for  the Russian Union of Travel Industry, told Interfax-Tourism on 18  February.

ArmInfo.Ameriabank, attaching importance to increasing the volume of cashless transactions, made another profitable offer - VISA Classic salary cards with many  advantages, ArmInfo was informed about this in the press service of  the bank.  According to the source, all companies with 10 or more  employees, whose salary is 100 thousand drams and more, can take  advantage of the above opportunity offered by Ameriabank.

ArmInfo.

ArmInfo.Ardshinbank customers have the opportunity to go on "Credit vacation" when refinancing a loan in Armenian Drams secured with real estate. By transferring the real estate loan to Ardshinbank, the customer will have the opportunity to use "Credit Vacation", which means 0% interest rate and free service during the first 6 months.

ArmInfo.Converse Bank has been announced the “Best Trade Finance Provider 2020 in Armenia” by the prestigous Global Finance Magazine at the 13^th BAFT Global Annual Meeting in London.

ArmInfo.

ArmInfo.On February 18, RA Prime Minister Nikol Pashinyan held a consultation during which the Concept of Tax Reform in the Republic of Armenia was discussed.

ArmInfo. From 2012 to 2018, the state debt of Armenia increased by 342%. On February 18, Head of the Methodology, Analysis and International Relations Department of  the Audit Chamber of the Republic of Armenia Karen Arustamyan  announced this to the RA National Assembly Standing Committee on  Financial-Credit and Budgetary Affairs.