ArmInfo.Visa Direct enables remitters to top up international Visa cards through “Visa international transfer” service of AraratMobile App.

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ArmInfo.The Armenian government will stimulate investments up to 500 million drams and more by solving infrastructure problems. The corresponding decision was made  on August 24 at a Cabinet meeting.

ArmInfo. The Government of Armenia has accepted as a gift 6.875% of the shares of Zangezur Copper-Molybdenum Combine CJSC from AMP Holding and transferred it to  the Armenian National Interest Fund (ANIF) for trust management. The  decision was made on August 24 at a government meeting.

ArmInfo.The traders working at the Surmalu shopping center would not face problems now if they had insured their businesses, Armenia's Minister of Economy Vahan  Kerobyan told reporters on Wednesday. 

ArmInfo.Around 17,000 pensioners and people receiving benefits are participating in a  government-sponsored 10% cashback programme for purchases by means of  cashless settlements this July. A total of AMD 44mln will be  transferred to their bank cards within a couple of days, Armenia's  Minister of Labor and Social Affairs Narek Mkrtchyan said.

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ArmInfo.This September the basic pension will be raised 17% in Armenia, with a 7% average pension rise. 

ArmInfo. On August 23, the Board of the Eurasian Economic Commission decided to establish and distribute tariff quotas for a number of types of meat products and  whey for 2023. This was reported by the press service of the EEC.

ArmInfo. The Armenian government has revealed the main directions of tax policy for the next three years. The document entitled "Tax Revenue Management Program for  2022-2025", signed by Armenian Prime Minister Nikol Pashinyan, allows  us to assess the scale of the expected changes.

ArmInfo.The expenditures of the state budget of Armenia for January-July 2022 amounted to 1 trillion 94.7 billion drams (about $2.2 billion). Compliance compared to the  updated plan for January-September amounted to 65.2%. At the same  time, 16.6% of the total expenditures or 181.5 billion drams alone  were allocated to cover the defense sector expenditures, which is 60%  of the adjusted figure for 9 months.

ArmInfo.This January-July, the tax revenues of Armenia's consolidated budget totaled 1,086.7bln, which is 81.4% of the target for January-September 2022, 1,334.9bln. 

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ArmInfo.Armenia's economic development over the last years has been such that the country progressed from lower to upper middle-income level, as classified by  the World Bank.

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ArmInfo.Global Finance Magazine has announced the winners for the 2022 World’s Best Consumer Digital Bank Awards, naming Ameriabank the winner of the Most Innovative Digital Bank category in Central & Eastern Europe region.

ArmInfo. The share of the corporate component continues to prevail over the retail one in the premium portfolios of Armenian insurers in H1 2022, - 58.2% (19.7  billion drams) against 41.8% (14.1 billion drams), which is very  close to the data of a year ago - 57% against 43% respectively.  

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