ArmInfo.

ArmInfo. The Ministry of Economy of Armenia and the Hungarian airline Wizz Air considered the possibility of launching new routes, increasing the frequency of flights and expanding cooperation with the Tourism Committee of Armenia.

ArmInfo. Member of the ruling faction of Armenia, deputy head of the parliamentary committee on economic issues Babken Tunyan calls the information spread by opponents of the government that banking secrecy has been abolished in the republic and that state bodies and their employees can obtain any information about citizens' bank accounts disinformation.

ArmInfo. Chairperson of the Tourism Committee of Armenia Lusine Gevorgyan, together with the Ambassador of Armenia to Spain Sos Avetisyan, met with the Secretary General of the World Tourism Organization (UNWTO) Zurab Pololikashvili.

ArmInfo. The European Bank for Reconstruction and Development (EBRD) invested €396 million in Armenia’s economy across 19 projects in 2024, highest level of investments historically.

ArmInfo.

ArmInfo. Fitch Ratings has affirmed Armenia's Long-Term Foreign Currency Issuer Default Rating (IDR) at <BB-> with a <Stable> outlook, as noted in the Fitch Ratings statement. It also includes an updated forecast for Armenia's GDP growth, projecting a slowdown to 4.8% in 2025 (down from an estimated  6% in 2024 and an actual  8.3% in 2023).

ArmInfo.

ArmInfo.

ArmInfo. Vardan Jhanyan, the President of the Union of Miners and Metallurgists and First Deputy Director General of the Zangezur Copper Molybdenum Combine (ZCMC), is confident that two or three mining projects equivalent in capacity to ZCMC can radically change the economic situation in Armenia.

ArmInfo.

ArmInfo.The head of the Audit Chamber of Armenia Nairi Sargsyan urges the authorities to  either cancel or postpone the implementation of the law on income declarations for citizens, considering that the state is facing a number of other priority tasks.

ArmInfo. The  Competition Protection Commission (CPC) is suggesting offering a subsidy  equivalent to the excise tax to genuine fruit vodka, Gegham Gevorgyan, the chairman of the department, said during the final press conference of 2024 on January 27.

ArmInfo.

ArmInfo.

ArmInfo. For the third year consecutive year, the Zangezur Copper and Molybdenum Plant tops the list of 1000 major taxpayers in Armenia, according to data from the State Revenue Committee. In 2024, the company contributed approximately 102 billion AMD to the state treasury, marking a 44% annual increase.This amount included 2.2 billion drams in customs  duties, 30.2 billion drams in direct taxes (including profit tax,  income tax), and 2.7 billion drams in indirect taxes (including VAT,  excise tax). Moving up from fourth place to second place is the  Mobile Center Art, which paid 66.7 billion AMD to the state treasury  (an annual growth of 21%). Of this amount, 1.3 billion drams were  customs duties and 61.5 billion drams were VAT. JV Grand Tobacco  claimed the third spot on the list down from second place the  previous year, contributing 63.3 billion AMD to the state budget  (with an annual growth of 31%), of which 3.7 billion were customs  duties and 56.6 billion were indirect taxes.

ArmInfo.

ArmInfo.Starting from February 21, Armenian Airlines will be launching Yerevan-Delhi flights, marking the first direct flight connecting Armenia and  India.

ArmInfo. Starting from January 27, 2025, the Central Bank of Armenia will put into circulation the transformed 20,000 dram banknote of the 2024 issue. As noted in the message of the Central Bank of Armenia, such a decision was made by the Board of the Central Bank.

ArmInfo. According to the results from December 2024, 189,000 new jobs were created in Armenia compared to December 2018. Prime Minister Nikol Pashinyan wrote about this on his Facebook page.