ArmInfo. Armenian exporters of brandy and brandy spirit will be provided with state support. At a  meeting on June 27, the RA government approved a program to assist exporters of brandy and brandy spirit.

ArmInfo.The European Bank for Reconstruction and Development (EBRD) will provide Armenia with a  loan of 236 million euros for the construction of the southern section of the Sisian-Kajaran highway of the North-South transport corridor. At a meeting on June 27, the RA Government approved a draft decision on ratification of the agreement with the Bank, which will be sent to the National Assembly of the country in due course.

ArmInfo.The State Revenue Committee (SRC) of Armenia announces the launch of the Mailing  system, as part of the process of complete transition to an electronic system for declaring import and export transactions.

ArmInfo. The annual meeting of the Eurasian Development Bank (EDB) opened today in Almaty. A business forum will also be held as part of it. Representatives of multilateral development banks (MDBs) and international organizations, government bodies and businesses, scientific and expert communities are invited  to participate in the event.

ArmInfo.Armenia's Finance Minister Vahe Hovhannisyan and Regional Director of the French Development  Agency (AFD) for Eurasia Mathieu Vasseur signed "Credit Agreement No.  CAM 1024 01 C between the Republic of Armenia and the AFD" to attract a loan of 75 million euros within the framework of the budget support  program. 

ArmInfo.On June 25, 2024, AraratBank convened an Annual General Meeting of Shareholders at “Hrachya Tamrazyan” Hall of “Matenadaran” Mesrop Mashtots Research Institute of Ancient Manuscripts.

ArmInfo.The Union of Advanced Technology Enterprises of Armenia (UATE) signed a Memorandum of  Understanding (MoU) with the Applied Policy Research Institute of Armenia Foundation (APRI Armenia) for partnership in policy research and dialogue and the organization of the 2024 World Congress on  Information Technology (WCIT2024/DigiTec). This agreement marks the beginning of a collaborative effort between the two organizations to advance technology and policy research initiatives in Armenia.

ArmInfo.Over 34 years, we have failed to formulate a simple sentence - what is the vision for the  development of our country, is there such a vision? Economist, founder of the Alternative Research Center, professor Tatul Manaseryan expressed a similar opinion during a press conference on June 25.

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ArmInfo. The Armenian authorities are changing, but their thinking and philosophy remain  the same. Economist Suren Parsyan stated during a press conference on June 25.

ArmInfo. The industrial price index began to rise in Armenia. Thus, in January-May 2024, the industrial price index was 102.2% (versus 98.4% in the same period of 2023), amid the sharp acceleration in the y-o-y growth of the industrial sector from 3% to 22% in January-May 2024, up to 1.2 trillion drams ($2.97 billion). 

ArmInfo.The growth of economic activity in Armenia slowed down to 11.2% per annum in January-May  2024(from 12.5% in the same period of 2023). But, unlike last year, now the industrial sector is the driving force of growth. According to preliminary data from the RA Statistical Committee, this is accompanied by continued high growth rates of exports and imports.

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ArmInfo.The Yerevan Municipality will allocate 50 million drams for the restoration of  Armenian communities affected by severe flooding on May 25-26 in the north of the country. The decision on this was made at a meeting of the Council of Elders of the capital of the republic.  

ArmInfo.. The Minister of Finance of Armenia Vahe Hovhannisyan and the head of the Internal Revenue Committee of the Hong Kong Special Administrative Region of the People's Republic of China, Tai Pang Tam, within the framework of the "Asian Initiative" of the Global Forum on Information Exchange and Transparency for Tax Purposes, held in Yerevan, signed an agreement between the Government of the Republic of Armenia and the government of the special Hong Kong Administrative Region of the People's Republic of China on the elimination of double taxation of income and the prevention of tax evasion.

ArmInfo. Ambassador Extraordinary and Plenipotentiary of France to the Republic of Armenia Olivier Decotigny, together with representatives of the French Development Agency, visited the Vedino Reservoir dam and irrigated areas. This is stated in the microblock of a French diplomat published in X.

ArmInfo.Problems with tax evasion and illicit financial flows in today's interconnected world  require collective action and cooperation, RA Deputy Prime Minister Tigran Khachatryan stated at the 6th meeting of the High-Level Asian Initiative, which started on June 24 in Yerevan.

ArmInfo.The number of officially employed citizens in Armenia in May of this year. reached 752,260,  which exceeds the year-ago figure by 4.7%. This was reported by the press service of the Ministry of Economy, citing data from the State Revenue Committee.

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