fintax logo

+374 94 000 446


The problem is that there are no projects in Armenia that can attract the attention of large institutional investors


One should not expect the growth of the Armenian economy to a level when it will be able to cover new loans in the medium term. The source of payments on credit  obligations, as before, will be only tax revenues and state revenues,  Aza Mihranyan, a leading researcher at the Center for Post-Soviet  Studies of the Russian Academy of Sciences, expressed such an opinion  to ArmInfo. "We should take into account the...

Read more


Read more


Read more

To ensure stable growth of the Armenian economy, the export / GDP ratio should be at least 50%


In 2018, Armenia recorded the largest increase in trade turnover in the EEU. In 2018, the country's exports to the EU amounted to $ 2.4 billion.  Economist, member of the Eurasian expert club Ashot Tavadyan said this at a press conference, introducing the report "Armenian Economy in 2018." and priorities in the context of the country's membership in the EAEU>. According to the expert, for the development of the country's...

Read more

An average y-o-y economic growth of 5%, as laid down in the government`s program, is quite ambitious.


The Armenian government aims to ensure y-o-y economic growth at an average of 5%, which is fixed in its five-year program of activities. The Minister of Economic Development and Investments of Armenia Tigran Khachatryan said this on February 8 after the sitting of the Cabinet. According to the Minister, last year's reports indicate that in the  world the average economic growth rate is 3.7%. "We want to provide ...

Read more

The government is committed to creating a competitive andefficient, high-tech and technological agriculture


Increase efficiency agriculture and food security introduction of modern technologies, the increase in export volumes and the growth of profits for all agricultural entities, ranging from small households to exporters, will be key areas in the policy of agricultural development in Armenia. This is stated in the new government program,  published on the website of the Cabinet."The government considers it unacceptable that one-third of...

Read more

By the end of 2018, inflation in Armenia is expected to be below the forecast


According to the results of 2018, inflation is expected to be below the forecast. Such a forecast was voiced by Arthur Stepanyan, a member of the Board of the Central Bank of Armenia, at a press conference on December 18. He noted that inflation in November was 1.8%, and by the end of  2018, this figure is expected to be in the range of 1.5-1.8%. "The low inflationary level, which has been preserved for several years and in...

Read more