The Government of Armenia has raised the amounts of baby bonuses and child benefits with the purpose of improving the demographic situation. Under previous regulations, the baby bonus for the first child was 50,000 drams, and 150,000 drams for the second child. By the new amendments, the baby bonus for both the first and second child will be 300,000 drams. The decision will come into effect from July 2020. The Cabinet also approved another...

From January 1, 2020, prices in Armenia will increase by an average of 7-10 percent in connection with the application of common customs duties of the  countries of the Eurasian Economic Union. Mikayel Melkumyan, Chair of  the Standing Committee on Regional and Eurasian Integration of the  National Assembly of the RA, shared the same forecast with a similar  forecast at a press conference in Yerevan on December...

In the near future, a new domestic airline will appear on the Armenian air  transportation market. On December 3, Tatevik Revazyan, Chairman of  the Civil Aviation Committee of the Republic of Armenia, informed the  RA National Assembly about this. According to her, the airline submitted an application for its  registration with the RA Civil Aviation Committee. According to the  airline's business plan, flights...

The NA Standing Committee on Economic Affairs in the second reading approved the draft law submitted by the Enlightened Armenia faction, which is proposed to consider as objects of microenterprises not exceeding the threshold of 24 million drams of turnover in public catering in the regions, and provide them with the opportunity to use the stipulated tax...