ArmInfo.The list of 1000 largest taxpayers in Armenia at the end of 2020 included 5 insurance companies out of 6 operating in the country, while a year earlier  there were only 3 in this list.

ArmInfo. As in the previous year, "Grand Tobacco" JV topped the list of the largest taxpayers in Armenia according to the results of 2020, having paid 50.7 billion  drams to the state treasury, or about $ 96.9 million (with a y-o-y  decline of 12.1%), of which 2.4 billion drams - on customs duties,  7.2 billion drams - on direct taxes (including income tax, profits  tax), 43.1 billion drams - on indirect taxes (including VAT, excise  tax). This is evidenced by the published data of the RA State Revenue  Committee.

ArmInfo.Russian President Vladimir Putin said that the countries of the Eurasian Economic Union (Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia) have approved the concept of a single financial market, RIA Novosti reported.

ArmInfo.The problem of unblocking transport communications must be resolved. Deputy Prime Minister Mher Grigoryan stated this on January 20 from the rostrum of  the parliament, answering the question of Arkady Khachatryan, MP from  the Bright Armenia faction.

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ArmInfo. On January 19, RA Minister of Territorial Administration and Infrastructures Suren Papikyan held a video meeting with Pan Jinre, Deputy General Director  of the Chinese company Sinohydro Corporation, which is a contractor  for the construction of a road section from Talin to Gyumri within  the framework of the third tranche of the North-South transport  corridor construction project.

ArmInfo. The country faces a rather severe economic crisis, it is caused by both the coronavirus and the post-war situation. Member of the "Bright Armenia" faction  Arkady Khachatryan stated this in an interview with journalists.

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ArmInfo.The factor of subjectivity will be excluded in the work of the State Commission for the Protection of Economic Competition.

ArmInfo.In Armenia, the process of installing and refueling gas cylinders in cars will be licensed. The National Assembly of the Republic of Armenia at the  session on January 20 in the second and final reading introduced  amendments to the Law "On Licensing".

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ArmInfo. New mechanisms of control over the public procurement process will be created in Armenia. The National Assembly of the Republic of Armenia at the  session on January 20 in the first reading introduced amendments and  additions to the Law "On State Purchases".

ArmInfo. The volume of total foreign investment (all types and forms of investment - ed. note) in the real sector of the Armenian economy in January-September 2020  compared to the same period of 2019 decreased by 32% (against 27.1%  growth a year earlier), amounting to $ 1.5 billion in 9 months of  2020.

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ArmInfo. The reporting of mining companies cannot inspire confidence. On January 19 at the National Assembly of Armenia, presenting a report on the work of the  parliamentary commission to investigate the legality and validity of  investment programs in the field of metal deposits approved by the  government of the country, Sergey Bagratyan, the chairman of the  commission, stated this on January 19.

ArmInfo. In Armenia, administrative liability will be applied for non-compliance with the legal requirements of employees of state bodies empowered to exercise  control not only during tax audits, but also during other control  works. The RA National Assembly at its session on January 19, in the  second and final reading, amended the Code of Administrative  Offenses.

ArmInfo. A new institution for declaring expenses will be introduced in Armenia to check the movement of the declarant's finances. The RA National Assembly at its  session on January 19 in the second and final reading introduced  amendments to the law "On Public Service" and to the package of  related laws.