Double increase in turnover tax rate will stimulate transition to  common taxation system: Deputy Minister

 Friday, May 17 2024 19:30:00
Double increase in turnover tax rate will stimulate transition to  common taxation system: Deputy Minister

ArmInfo.On May 17, the NA Standing Committee on Economic Affairs debated the draft law on Making  Amendments and Addenda to the RA Tax Code with the attached legislative package in the first reading. It was presented by the RA Deputy Minister of Finance Arman Poghosyan, the press service of the  RA NA reports.

Number of gainful jobs 5.2% up in Armenia
 Monday, December 25 2023 11:27

ArmInfo. The number of gainful  jobs reached 737,866 this November 2023, the RA State Revenue  Committee reports. 

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Armenia`s minister of economy announces new programme
 Friday, December 22 2023 18:23

ArmInfo.Next year, the  Ministry of Economy will launch a program for artificial insemination  of cattle, Armenia's Minister of Economy Vahan Kerobyan told a  briefing. 

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Some 700 Armenian trucks waiting to pass through Upper Lars checkpoint
 Friday, December 22 2023 17:59

ArmInfo. About 600-700 trucks  are waiting to pass through the Upper Lars checkpoint, Customs  Attache of the Armenian Embassy in Russia Vahan Hakobyan told  ArmInfo.

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Minister of Economy: Total agricultural expenditures totaled AMD 47 billion in 2023
 Friday, December 22 2023 13:07

ArmInfo. The agricultural budget of Armenia in 2023 amounted to 37 billion drams, but expenses reached 47 billion drams. Minister of Economy of Armenia Vahan Kerobyan stated, presenting the results of the 2023 economic year to the Prime Minister of Armenia Nikol Pashinyan.

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Armenia assumes most of financial obligations of Artsakh authorities and citizens; Armenia`s government debt to increase by 2.4% up to 49.4% of GDP
 Friday, December 22 2023 12:56

ArmInfo. After the Armenian government assumes most of the financial obligations of the government and citizens of Nagorno-Karabakh, the public debt to GDP will increase by 2.4 percentage points to 49.4%. This was stated by RA Minister of Finance Vahe Hovhannisyan on December 22, presenting the draft decision in parliament.

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Yerevan customs office to work on Saturday as well
 Friday, December 22 2023 12:27

ArmInfo. Due to the sharp increase in the flow of participants in foreign economic activity and citizens, the Yerevan customs service center will also work on Saturday, the press service of the State Revenue Committee of the Republic of Armenia reports.

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Fish farmers protest near government: they demand meeting with premier
 Friday, December 22 2023 12:18

ArmInfo. Representatives of Armenian fish farms, outraged by the new demands of the authorities to install closed circulation systems at the artesian wells of the Ararat Valley, this time gathered near the government building. They demand a meeting with the prime minister or deputy prime minister of the country.

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Info system on housing stock tech condition to be established in Armenia
 Thursday, December 21 2023 17:46

ArmInfo. On December 21, the  Government of Armenia adopted a draft decision developed by the   Urban Development Committee  "On approval of the procedure for  establishing an information system on the technical condition of the  housing stock."

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"Tax paradise" for Armenian IT startups extended for another year
 Thursday, December 21 2023 15:59

ArmInfo. Benefits for Armenian  IT sector startups have been extended for another year, until the end  of 2024. The decision was made at a Cabinet meeting on December 21.

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Armenia to extend ban on export of scrap metal
 Thursday, December 21 2023 13:02

ArmInfo. Armenia will extend the ban on scrap metal exports for six months, which expires on January 28, 2024. A resolution extending the ban until July 28, January 2024 was adopted at a meeting of the government of the republic on December 21.

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Armenia to extend restrictions on the import of cement
 Thursday, December 21 2023 12:47

ArmInfo. Armenia will extend restrictions on the import of cement and clinker from third countries for another six months.

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Minister of Economy: Significant changes in industry are expected only next year
 Wednesday, December 20 2023 15:54

ArmInfo. Significant changes in the industry are expected only next year. On December 20, Armenian Minister of Economy Vahan Kerobyan told reporters on the sidelines of a press conference on Armenia's participation in the international Expo 2025 Osaka, Kansai, Japan.

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Armenia to limit terms of driving cars with foreign license plates
 Wednesday, December 20 2023 15:51

ArmInfo. The period of driving of cars with foreign license plates will be limited in Armenia, except for the EAEU countries. Armenian Minister of Economy Vahan Kerobyan announced during a briefing on December 20, answering a question regarding customs clearance of cars with Georgian license plates.

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Vahan Kerobyan: By end of 2023, poverty level to decrease significantly in Armenia
 Tuesday, December 19 2023 17:56

ArmInfo. By the end of  2023, the poverty level will decrease significantly in Armenia.  Minister of Economy Vahan Kerobyan expressed a similar opinion in an  interview with the Public Television of Armenia.

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ContourGlobal Hydro Cascade investments for 2023-2025 will total $16.7 million
 Tuesday, December 19 2023 16:53

ArmInfo. The volume of  investments of ContourGlobal Hydro Cascade JSC for 2023-2025 will  amount to 6 billion 780 million drams (excluding VAT). This is stated  in the investment program, which will be considered at a meeting of  the Public Services Regulatory Commission (PSRC) of Armenia on  December 20.

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Armenia`s gas monopolist to invest over $350 million in modernization of gas sector over next five years
 Tuesday, December 19 2023 16:01

ArmInfo. Gazprom-Armenia  CJSC, which is a 100% subsidiary of Gazprom PJSC, plans to invest  more than 148.92 billion drams (more than $350 million) in the gas  network of the republic in 2024-2028. The company's investment  program will be the subject of discussions that will take place on  December 20 at the Public Services Regulatory Commission (PSRC) of  the Republic of Armenia.

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Vahan Kerobyan: Armenia`s trade turnover with EAEU increased by 41% this year
 Monday, December 18 2023 16:26

ArmInfo. Trade turnover between Armenia and the EAEU countries increased by 41% this year. Armenian Minister of Economy Vahan Kerobyan stated  on December 18 during a briefing for journalists. "We think that trade turnover will also grow in the coming years. For all that, our government is making great efforts and investing a lot to diversify foreign trade," he said.

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Highway passing through Upper Lars int`l checkpoint is open to all types of vehicles
 Monday, December 18 2023 16:06

ArmInfo. The highway passing through the Verin Lars international checkpoint is open for all types of vehicles. Customs attache of the RA Embassy in Russia Vahan Hakobyan told ArmInfo correspondent.

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Construction organizations from Nagorno-Karabakh may get simplified registration
 Monday, December 18 2023 12:40

ArmInfo. Construction organizations from Nagorno- Karabakh may have the opportunity to be registered in the Republic of Armenia under a simplified procedure, the RA Urban Planning Committee reports. 

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Overchuk: Russian ruble`s share in Russia-Armenia overall calculation  totaled 90.3% 
 Friday, December 15 2023 21:58

ArmInfo. Historically, Armenia and Russia have had friendly relations. Deputy Prime Minister  of the Russian Federation Alexey Overchuk stated on December 15 at a meeting of the Armenian-Russian intergovernmental commission on economic cooperation.

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News
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