fintax logo

+374 94 000 446

News

Central Bank maintains 6,0% refinancing rate

27.06.2018

The Central Bank Council has decided to keep the refinancing rate unchanged – 6.0%. The Central Bank said that a 1,0% deflation was recorded in May of 2018 – against the previous year’s 0,2%, during which the 12-months inflation continued to drop – amounting 1,6% at the end of the month. At the same time, normal inflation was also lower than CB expectations. The CB said that economic activity in the second quarter of...

Read more

In 2017 the turnover of SMEs in Armenia increased by 14.2% - up to 1 920.3 billion AMD or 34.4% of GDP

26.06.2018

The turnover of SMEs in Armenia in 2017 increased by 14.2% to 1920.3 billion drams or 34.4% of GDP. This is stated in the annual study of the office of business support, financed by the EBRD - "The role of SMEs in the economy of Armenia". According to the source, in the structure of active taxpayers, the share of SMEs is 77% or 82 209 companies. At the same time, the share of active taxpayers in the general list of taxpayers...

Read more

Head of Energy Ministry and USAID representative discussed new models of liberalization and electricity market of Armenia

26.06.2018

The Minister of Energy Infrastructures and Natural Resources of the Republic of Armenia, Artur Grigoryan, on June 25 received the Acting Director of the Mission of the USAID, the Director of the Sustainable Development Office Laila Andrews Bachan. According to the press service of the Ministry, Grigoryan thanked the  USAID for the successive assistance to the energy sector of Armenia.  He expressed hope that...

Read more

25.06.2018

Read more

25.06.2018

Read more

23.06.2018

Read more

UAE hails Armenia as attractive investment country

22.06.2018

The United Arab Emirates is interested in making investments in Armenia’s different sectors, Ambassador Jassim Mohamed Al Qasemi told reporters on June 21 in the UAE embassy in Yerevan. According to the Ambassador, the investment field is rather attractive in Armenia, stability exists, as well as economic development is seen, and there are good opportunities to make investments, which the embassy supports in all ways. “Trade...

Read more