With the support of government assistance programs, the geographic reach of Armenian agricultural exports continues to expand. Armenian flowers have now been exported to 26 countries, fruit to 21 countries, and vegetables to eight countries. Additional compensation is planned for August for businesses exporting greenhouse products, fresh fruit, and selected categories of food and beverages…
Moody’s has revised Armenia’s sovereign credit rating outlook from stable to positive, while reaffirming the country’s Ba3 long-term sovereign credit rating, according to the Central Bank of Armenia. The rating agency said its decision was based on several key factors. These include lower geopolitical and political risks, driven by a reduced likelihood of a large-scale…
Starting on August 1, food delivery workers in Armenia will be required to possess a valid sanitary (medical) booklet, while the Food Safety Inspectorate will begin full-scale oversight of businesses engaged in food delivery. The Food Safety Inspectorate said that at the beginning of the year, in response to growing demand for food delivery services…
The 1,000 largest taxpayers paid a total of more than 1 trillion 111 billion 163 million drams into Armenia’s state budget in January-June, the State Revenue Committee reported. State budget revenues exceeded the corresponding figure from the previous year by 125 billion 92 million drams. The comparable figure last year was more than 986 billion…
No evidence substantiating the use of milk from sick animals was found during inspections at four Armenian dairy companies, Armenia’s Food Safety Inspection Body said. The agency said it regularly conducted inspections at all dairy production facilities in Armenia, both under its annual inspection program and in response to complaints received from consumers. When violations…
It will now be possible to purchase an apartment in a newly constructed building in Armenia without being physically present in the country. The Armenian government approved the relevant decision at its meeting. Under the new system, the three-party agreement can be concluded electronically without notarization or issuing a power of attorney. The bank will…
Armenia’s Economy Minister Gevorg Papoyan has shared statistical data on the number of jobs in the country as of June in a Facebook post. According to the figures presented, the number of jobs has increased by 302,411 compared with June 2017. “Jobs: June 2017: 527,337, June 2026: 829,748, difference: 302,411,” Papoyan wrote. Separately, the international…