On June 1, events were held with the financing of IDBank
 Wednesday, June 2 2021,

ArmInfo.On June 1, IDBank presented a holiday to children of the border villages of Artsakh. A visit to Stepanakert was organized for 220 children from the villages of Karmir Shuka, Karmir gyugh, Sarushen, Kherkhan, Karahunj, where the children watched a children's play at the Vahram Papazyan State drama theater. Then the children were presented with gifts.

Deputy Minister of Economy: Positive impulses from Russia inspire  optimism for restoration of  tourism sector in Armenia 
 Wednesday, June 2 2021,

ArmInfo.Deputy Minister of Economy of Armenia Avag Avanesyan observes positive impulses regarding the restoration of tourist flow to Armenia. Deputy Minister of Economy of Armenia Avag Avanesyan stated this in an interview with journalists  on June 2.

Head of State Revenue Committee of Armenia urged citizens not to try  to smuggle Turkish-made goods into the country across the state  border
 Wednesday, June 2 2021,

ArmInfo. Restrictions on the import of Turkish goods also apply to individuals, Chairman of the State Revenue Committee of Armenia Eduard Hovhannisyan told reporters in parliament on June 2.

In period of pandemic and Artsakh war, almost 50 milion US dollars  premiums were allocated in public sector of Armenia
 Wednesday, June 2 2021,

ArmInfo. In 2020, a total of about 22 billion drams (about 46.2 million US dollars) of premiums were allocated in the state system of Armenia. This was announced on June  2 by acting Minister of Finance of Armenia  Atom Janjughazyan, in the  parliament during the preliminary discussion of the annual report "On  the execution of the state budget of the Republic of Armenia for  2020".

 Wednesday, June 2 2021,

ArmInfo.

 Wednesday, June 2 2021,

ArmInfo.

 Wednesday, June 2 2021,

ArmInfo.

Head of Armenia`s SRC learned from journalists that a new customs  terminal is being built in Meghri and who is building it
 Wednesday, June 2 2021,

ArmInfo.Head of the State Revenue Committee (SRC) of Armenia Edward Hovhannisyan has no information that a new customs terminal is being built in Meghri and that the president of the "SIL" concern, businessman Khachatur Sukiasyan is  building it. He said this on June 2 in parliament in an interview  with reporters.

BSTDB Provides EUR 23 million Loan to Ameriabank to Boost SME Financing in Armenia
 Wednesday, June 2 2021,

ArmInfo.02 June 2021– The Black Sea Trade and Development Bank (BSTDB)  is providing a five-year EUR 23 million loan to Ameriabank to expand access to finance for Armenian small and medium-sized enterprises  (SMEs). 

Head of Armenia`s SRC: State Revenue Committee will strive to collect  as many taxes as possible 
 Wednesday, June 2 2021,

ArmInfo.The actual tax collections  of the Armenian state treasury in the first 5 months of 2021 exceeded  the comparable figure for 2020 and 2019. On June 2 the Chairman of  the State Revenues Committee of Armenia Edward Hovhannisyan told the  journalists about it in the parliament.

In the crisis year of 2020, the state budget of Armenia was revised  twice towards increasing expenditures
 Wednesday, June 2 2021,

ArmInfo.During 2020, due to the pandemic and hostilities, adjustments were made to the state budget of Armenia twice, but the expenditures were not only not cut, but  even increased, focusing on priority areas. This was announced on  June 2 by Atom Janjughazyan, acting head of the RA Ministry of  Finance, in the parliament during the preliminary discussion of the  annual report "On the execution of the state budget of the Republic  of Armenia for 2020".

 Wednesday, June 2 2021,

ArmInfo.

 Wednesday, June 2 2021,

ArmInfo.

Converse Bank sponsors "With Song and Love" festival
 Tuesday, June 1 2021,

ArmInfo."With Song and Love" festival is taking place in Artsakh within the framework of the "Back line for Culture, Border at the forefront" program.The festival is held in Artsakh and Syunik with the participation of music groups from Stepanakert, Martuni, Hadrut, Sisian, Goris, Kapan, Kajaran, Meghri, Agarak, Khndzoresk, Shinuhayr.

CBA Governor: Economic situation dictates the importance of  countercyclical policy to maintain macroeconomic equilibrium
 Tuesday, June 1 2021,

ArmInfo. The Central Bank of Armenia attaches importance to pursuing a countercyclical (stabilization) policy in the current economic situation to mitigate  negative consequences and maintain macroeconomic balance. On June 1,  Governor of the Central Bank of the Republic of Armenia Martin  Galstyan stated this in the parliament during the preliminary  discussions of the annual report on the implementation of the 2020  state budget.

Audit Chamber: Almost half of the state procurement was made from one  person 
 Tuesday, June 1 2021,

ArmInfo.In 2020, about 40% of contracts concluded by state bodies were made by purchasing from one person, which is 4.4% more than in 2019, Chairman of the Audit  Chamber of the Republic Levon Yolyan said on June 1 in parliament  during a preliminary discussion of the annual report on the execution  of the state budget for 2020.

Expenditures of Armenia`s Ministry of Defense in 2020 exceeded the  program indicator by about 80 billion AMD
 Tuesday, June 1 2021,

ArmInfo.In 2020, following the results of the adjustments made, the budget of the Ministry of Defense was increased to 400 billion drams (about $ 769 million),  instead of the planned 307 billion drams (about $ 590 million). This  was announced on June 1 by acting RA Minister of Finance Atom  Janjughazyan in the parliament during the preliminary discussion of  the annual report "On the execution of the state budget of the  Republic of Armenia for 2020".

 Tuesday, June 1 2021,

ArmInfo.

In 2020, Armenia cuts financing of the Ministry of Emergency  Situations, set in the state budget by 0.6 billion drams
 Tuesday, June 1 2021,

ArmInfo.In 2020, it was originally planned to allocate 15.2 billion drams to the Ministry of Emergency Situations, but following the results of adjustments in connection with the pandemic and hostilities, the allocation amounted to 14.6  billion drams, the acting Minister of Finance Atom Janjughazyan said  on June 1 in the parliament during the preliminary discussion of the  annual report 

Audit Chamber is sounding the alarm: Armenia is out of line
 Tuesday, June 1 2021,

ArmInfo. In 2020, almost half of state bodies and institutions in Armenia did not undergo an internal audit, which is certainly a cause for concern. On June 1, during the  preliminary discussion of the annual report "On the execution of the  state budget of the Republic of Armenia for 2020" in the parliament,  Chairman of the Audit Chamber of the Republic Levon Yolyan stated  this.

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