ArmInfo.

ArmInfo. Within the framework of the work schedule approved for the current year, the company will conduct a comprehensive inspection and diagnostics of underground gas pipelines of the gas transportation system and gas distribution network with a total length of over 335 km, as well as technical devices and process equipment at 15 gas distribution stations (GDS). This is stated in a statement by the  company's press service.

ArmInfo.

ArmInfo. The WB will provide Armenia with a grant for the implementation of environmental  programs. At a meeting on July 4, the RA Government approved the draft corresponding decree of the RA President.

ArmInfo.The Japan Fund for Prosperous and Resilient Asia and the Pacific (JFPR) will provide  Armenia with a $3 million grant to implement a program to increase the resilience of rural households and improve food security in rural areas that are vulnerable to the effects of climate change. The draft  agreement with the fund was approved at a meeting of the RA government on July 4.

ArmInfo. The European Bank for Reconstruction and Development will provide Armenia with a grant of 2  million euros for the creation of the Syunik customs and logistics center. At a meeting on July 4, the RA Government approved a draft presidential decree approving the relevant agreement, signed on May  14, 2024.

ArmInfo.

ArmInfo. Armenia and Georgia discussed the possibilities of implementing joint regional programs  in the technological field. This was reported by the press service of the Ministry of High-Technological Industry, citing the results of a meeting between the deputy head of the department, Ruben Simonyan, and the Georgian delegation led by the Deputy Minister of Economy and Sustainable Development of Georgia, Irakli Nadareishvili.

ArmInfo.Children of Armenia Fund (COAF) and Ameriabank present their joint program “Harvesting Nature’s Bounty”, to be implemented as part of COAF’s Beekeeping to Empower Economic System (BEES) project.

ArmInfo.The Ministry of Economy is actively working to diversify export markets for agricultural  products. This was stated by Deputy Minister of Economy in charge of agriculture Arman Khojoyan during a press conference on July 3.

ArmInfo. The LUYS Foundation analyzed the report

ArmInfo.

ArmInfo.Offshore schemes are quite widespread in Armenia. Head of the State Revenue Committee (SRC)  Rustam Badasyan made a similar assessment in an interview with Armenian Public TV.

ArmInfo. According to the results of the first 5 months, the State Revenue Committee (SRC) of Armenia  returned 64 billion drams to the state treasury, the head of tax and customs department Rustam Badasyan said in an interview with Public Television.

ArmInfo. Tax revenues (income and duties) to the state treasury of Armenia for the first half of 2024  amounted to 1 trillion 163.2 billion drams, which is 133.4 billion drams or 13% more than the same period last year, reports the State Revenue Committee (SRC) of the Republic of Armenia. 

ArmInfo. Armenia has entered the substantive phase of construction of a new nuclear power plant,  Security Council Secretary Armen Grigoryan said on July 3 during the conference "Armenia-Eastern Partnership-EU: Challenges and Opportunities".

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ArmInfo. One of the largest French hotel groups Accor will participate in the management of the international hotel complex Pullman Living and Residences Yerevan.  

ArmInfo. The World Bank has published a country classification by income level for the 2024 fiscal year (July 1, 2023 - June 30, 2024). According to the source, Armenia remains in the upper- middle-income category. In 2023, per capita gross national income was $7,330. In 2022, this level was $5,960, in 2021 - $4,850.