ArmInfo.

ArmInfo.  In Armenia, economic activity in January-November  2020 deepened the decline to 7.2% per annum, against the backdrop of an accelerating decline in imports  and a slowdown in exports. In November of this year versus November 2019, economic activity decreased  by 10.3%, with an almost similar 10.2% decline in November 2020 alone, after an October decline of 4.9%. 

ArmInfo. The State Revenue Committee of Armenia recalls that from December 31, 2020, a ban on the import of Turkish goods will come into force for a period of 6  months.  Until December 31, 2020, the specified ban on the import of  goods will not apply only if all relevant customs operations were  performed with these goods before December 31 of this year.

ArmInfo.

ArmInfo. The activities on assembling the facility for recovery annealing of the ANPP Unit 2 reactor vessel metal have been completed.  These activities were  performed by the specialists of the Novovoronezhatomenergoremont  company of the Russian Federation.    

ArmInfo.

ArmInfo.In November of this year, 107.8 billion drams were allocated to the state budget in terms of taxes and state duties, which is 8.7% less than a year ago.  This was reported by the press service of the State Revenue Committee  of Armenia.

ArmInfo.

ArmInfo.In the regions of Armenia, in November 2020, 1,874 transactions for the purchase and sale of real estate were carried out, which is 43.7% lower than a  year ago, and 28% less than in October 2020.

ArmInfo. A total of 8,654 real estate transactions were carried out in Armenia in November 2020, which is 50.4% less than a year ago, with a decline of 29.7%  over the month.

ArmInfo.

ArmInfo.3.6 billion drams will be allocated from the state budget to co-finance programs for the development of the economic and social infrastructure of Armenian  communities. The decision was made at the meeting of the RA  government on  December 24.

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ArmInfo.IDBank employees and those who wish have an opportunity to become a “Secret Santa” for the children who moved to Armenia from Nagorno-Karabakh.

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ArmInfo. Tax incentives for investors may be extended in Armenia.  Tax incentives for  investors can be extended in Armenia. Amendments to the country's tax  code were approved by the meeting of NA Standing Committee on  Economic Affairs convened on December 23.

ArmInfo.As the world awaits widespread access to Covid-19 vaccines, a new report from HSBC Commercial Banking signals a two-speed economic recovery spanning several years as the pandemic redefines business success.

ArmInfo. On December 22, RA  Minister of Economy Vahan Kerobyan met with representatives of the  diamond and jewelry industry of Armenia. The meeting was attended by  Adviser to the Minister Gagik Mkrtchyan and Head of the Industrial  Development Department Armen Yeganyan, the ministry's press service  reports.

ArmInfo. Dear clients,

ArmInfo. The Eurasian  Development Bank (EDB) has summed up the preliminary results for  2020.