In January-March 2017 volume of passenger transportation in Armenia comprised 47.1 million persons. Compared with the same period of the previous year passenger transportation decreased by 6.1%. the information is provided by the National Statistical Service of Armenia.
“Thus, there is no economy, they only solve the issue of occupation. 90% of tax burden is on SMEs, i.e. we have an immense number—65 thousand of householders, however, economically we have a rather weak group of employers.”
Touching upon hidden threats of Azerbaijani apples, the 5th in the list should also be attached attention to—fresh or dried citruses. Around 7 thousand tons of fruits with USD 4.65 million have been imported in 2016.
State Revenue Committee of Armenia has published the list of largest taxpayers of the first quarter 2017. 1000 largest taxpayers of the Republic altogether have paid taxes and fees amounting around AMD 175 billion in the first quarter of ongoing year.
During the conference the Armenian companies established ties with startup companies and investors from Spain and other countries. The Armenian startups had a unique chance at the event to be involved in the European startup ecosystem.
“Now we are holding talks with other companies as well so that the number of financial structures engaged in the project will increase. The market is open, and the more the suppliers and financial structures, the more affordable for our farmers, rural entities to acquire the machinery,” Deputy Minister Robert Makaryan said.
The field of state finance management is led by three factors: economizing, productivity and purposefulness. Vardan Aramyan, Minister of Finance of Armenia, told reporters after the Cabinet meeting. In his words these principles productively function in Armenia.
“I think we launch an important process. We held similar discussions in the Agriculture Ministry over drip irrigation, agricultural machinery leasing service. If a company in the light industry field receives a loan, we are ready to subsidize the bank interest rates for two years,” PM Karapetyan said.
“We had rather productive and dynamic negotiations with our partners, where we have certain issues, which need bilateral clarification. The forthcoming steps have been outlined and we have fixed that the third step of negotiations will be held in Brussels, upon initial agreement in the second half of June,” he said adding if everything develops this way, they’ll quickly reach end of talks.
Based on the investigation results it was revealed that people dealing with illegal business, who regularly crossed the border for trade, imported the agricultural products to Armenia by giving bribes to some workers of SRC Preclearance Control Department in Bagratashen checkpoint so that to avoid customs formulations.
