ArmInfo. The European Bank for Reconstruction and Development (EBRD) is lending EUR10 million to Armenia to finance the construction of a customs and logistics centre in the Syunik region. The Bank will also provide a EUR2 million investment grant via its Shareholder Special Fund to co-finance the project, the bank's press service reports.
ArmInfo. The growth potential of Armenia's GDP generation increased to 5.5-6%. Armenian Finance Minister Vahe Hovhannisyan assured an ArmInfo correspondent of this on May 14 on the sidelines of the Annual Meeting of the European Bank for Reconstruction and Development in Yerevan.
ArmInfo. The European Bank for Reconstruction and Development (EBRD) is lending EUR10 million to Armenia to finance the construction of a customs and logistics centre in the Syunik region. The Bank will also provide a EUR2 million investment grant via its Shareholder Special Fund to co-finance the project, the bank's press service reports.
ArmInfo. The growth potential of Armenia's GDP generation increased to 5.5-6%. Armenian Finance Minister Vahe Hovhannisyan assured an ArmInfo correspondent of this on May 14 on the sidelines of the Annual Meeting of the European Bank for Reconstruction and Development in Yerevan.
ArmInfo. Analyzing data on Armenian state budget revenues for the first quarter of 2024, head of the ACSES Analytical Center Haykaz Fanyan suggests thinking about increasing the tax burden on jewelry market participants.
ArmInfo. 75% of Armenia's exports in Q1 of 2024, were precious and semi-precious stones and metals. An increase in gold re-exports has been observed since November 2023. This circumstance contains great risks, because economic growth is currently exogenous, and in the event of a change in any of the external incentives, as well as a significant decrease in gold re-exports, the Armenian economy will become vulnerable. A similar assessment was made by Associate Professor of the Armenian State University of Economics, economist Aghasi Tavadyan.
ArmInfo. Analyzing data on Armenian state budget revenues for the first quarter of 2024, head of the ACSES Analytical Center Haykaz Fanyan suggests thinking about increasing the tax burden on jewelry market participants.
ArmInfo. 75% of Armenia's exports in Q1 of 2024, were precious and semi-precious stones and metals. An increase in gold re-exports has been observed since November 2023. This circumstance contains great risks, because economic growth is currently exogenous, and in the event of a change in any of the external incentives, as well as a significant decrease in gold re-exports, the Armenian economy will become vulnerable. A similar assessment was made by Associate Professor of the Armenian State University of Economics, economist Aghasi Tavadyan.