Double increase in turnover tax rate will stimulate transition to common taxation system: Deputy Minister Rocket Line - now for 60 months: Idram and IDBank Rising prices for services, going into shadows and closing businesses - incomplete list of "expectations" from revision of turnover tax rate from SME Cooperation Association President Liability for misrepresented information is proposed in Armenia Government proposes to make changes to car trade system within "Trade-in" program Armswissbank attracts us$ 10 million loan package from EBRD to support competitiveness and green transition Armenian lawyers unwilling to pay taxes on universal basis EU Commissioner: EU will continue to contribute to economic development of Armenia PM discusses opportunities for diversifying Armenian economy with WB, IFC management EBRD President considers programs implemented by Bank useful for development of private sector in Armenia EBRD lends up to US$ 10 million to Armeconombank for MSME on-lending Armenia benefits greatly from influx of capital and IT specialists - EBRD chief economist Finance Ministry, French Development Agency sign cooperation agreement for 2024-2027 Idram Junior and Koreez signed a memorandum of cooperation During the 33rd EBRD Business Forum, Ardshinbank hosted a panel discussion on economic and trade sanctions. Government to allocate additional AMD 3 billion to finance state order for healthcare EBRD provides $10 million loan to ArmSwissBan to support competitiveness and green transition of MSMEs Pankin: Armenia`s suspension of CSTO funding isn`t tragedy Armenian government approves program for providing housing to families from Artsakh; expenses estimated at AMD 10-12 billion EBRD Governors re-elect President Odile Renaud-Basso for second term EBRD, USAID to develop transport infrastructure of Armenia, Azerbaijan, Georgia No specific dates for the entry into force of the law on compulsory life insurance for tourists visiting Georgia - RA MFA Pashinyan: all those who have the necessary skills, abilities and desire can make a profit in Armenia Odile Renaud-Basso: Armenian economy continues to grow despite numerous negative factors Minister of Territorial Administration and Infrastructures refrains from specifying North-South Road Corridor Investment Program`s implementation costs and deadlines EBRD improves Armenia`s GDP growth forecast for 2024 from previous 4.5% to updated 6.2% EBRD promises unprecedented investments in Armenian economy FMO provided Ardshinbank with a guarantee for a credit portfolio of 20 million US dollars Lending for construction of southern section of Sisian-Kajaran road will be largest program ever implemented by EBRD in Armenia - Bank President French Development Agency, Armenian government to expand cooperation areas and programs` scope The Power of One Dram Sums up the Two-Year Program with Teach for Armenia Noubar Afeyan willing to use his potential to strengthen Armenia Ministry of Economy of Armenia denies that growth in agricultural exports is due to re-exports Finance Minister: Armenia`s GDP generation growth potential increased from 4-4.5% to 5.5-6% EBRD funds customs and logistics centre in Syunik Grigori Zakaryan: “Capital markets have a crucial for economic development.” Ambassador of Kazakhstan: priorities for development of Eurasian integration proposed by Armenia will allow us to intensify mutually beneficial cooperation within EAEU EBRD and the European Union are joining forces with Acba bank to boost the availability of funding for Armenian MSMEs Thanos Arvanitis: The time has come for Armenia to accelerate reforms Armenia to host 33rd EBRD Business Forum with flagship sponsorship of Ardshinbank EAEU economic operators will become more recognizable when carrying out foreign economic activities Martin Galstyan: If background is favorable, reduction in key rate will result in lending rates decrease About 75% of Armenia`s exports are precious metals and stones, which speaks of vulnerability of Armenia`s economy 92% tax revenues recorded in Armenia in 1st quarter of 2024 IDBank issues the 2nd tranche of dollar bonds of 2024 Armenia to be next country to host ACE program Armenia agrees to EBRD expansion Alkis Drakinos : It is necessary to first pick the low hanging fruit to ensure development CBA Governor: Overheating of prices in Armenian real estate market may have ranged from 20-30% Government writes off 469 financial obligations of Artsakh citizens on loans secured by gold Food products, services cause of 0.8% inflation in Jan-Apr 2024 Armenia`s Deputy Premier receives IMF delegation Armenian Economy Minister travels to USA on week-long working visit Armenia is trapped in "Dutch disease" - economist “By Your Side”: IDBank`s new support program for displaced Artsakh citizens Team Telecom Armenia develops Be Free package Armenia scares with its high prices: Economist sounds alarm due to reduction in exports of services Large crayfish farming complex to be built in Shirak: volume of investments totals AMD 300 million Eurowings launches Berlin-Yerevan-Berlin flights Russia bans sugar exports; 28 thousand tons allowed to be exported to Armenia Read more
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