RA Government obliged householders to apply new-generation cash registers from 2013. Selling of cash registers was entitled to “Cash Register Introduction Office” SNCO. And, as far as deadlines were short as usual, tender hasn’t been declared. Annual expenditures of SNCO maintenance comprise AMD 203 thousand per year.
Synopsys Armenia” company with its staff of 750 and regarded as Armenia’s largest IT company, has faced the issue of not getting U.S. visa the most. However, as company CEO Hovik Musayelyan informed at today’s press conference, the issue is being settled, and they hope it’ll be totally settled in near future.
1.4% of state budget incomes for 2015 in Armenia has been provided on account of tax incomes and state dues, which comprised AMD 1067.9 billion and provided the annual program clarified within RA Government liabilities by 93.6%. AMD 1035.5 billion from the abovementioned sum comprised tax incomes, and AMD 32.4 billion—state dues.
In 2015, Armenia’s external trade concentration level by countries has decreased, because of 4.7 pp. lower share of trade partner Russia in the structure of exports. The latter has diminished the sensitivity of Armenia’s economy to unfavorable developments in Russia.
Mher Davoyan has graduated from the Faculty of Oriantal Studies, Yerevan State University. He was editor-in-chief of “Munetik” and “Noratert” newspapers, also founder and editor of “Qaghaq” (City) newspaper.
“The Herfindahl-Hirschman Index of Concentration for main balance sheet items (assets, liabilities, total capital) denotes that concentration of the banking sector remains low, which limits the likelihood of the impact of concentration risk on the financial stability,” CBA report reads.
As mentioned in Financial Stability Report 2015 of Central Bank of Armenia the growth of foreign debt is a result of the relocation of the second trench of Eurobonds with a total value of USD 500 million in March 2015. Funds attracted from international organizations at the end of the year also had their impact on the growth of foreign debt.
As mentioned in Financial Stability Report 2015 of the Central Bank of Armenia, indices for banking system assets-to-GDP and loans-to-GDP have decreased by 6.0 and 5.5 percentage points and comprised accordingly 68.5% and 39.8%.
The International Finance Corporation (IFC) and Business France will help Armenia prepare a new law on investments. Artsvik Minasyan, RA Minister of Economy, told about this on joint session of the National Assembly committees, and regarding the performance of the 2015 State Budget.
