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Financial Recovery: Armenian Government Support for Individuals with Non-Performing Loans
The Armenian government, through Resolution No. 1990-L, has launched an initiative to support citizens with non-performing loans and stimulate their economic activity. The resolution introduces a temporary measure to reduce wage garnishment, allowing individuals to retain a larger portion of…
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ADB Approves €45.3 Million Loan to Armenia for Improving Healthcare Quality
The Armenian government, during its January 23 meeting, approved the signing of a loan agreement with the Asian Development Bank (ADB) for the “Healthcare Quality Improvement Program.” The program involves a €45.3 million loan aimed at enhancing multiple aspects of…
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Mortgage Tax Rebates in 2025: Application Window Opens January 15
The State Revenue Committee (SRC) of Armenia has announced the availability of its electronic services following a brief period of maintenance. The SRC stated that, as of 5:00 PM on January 3rd, the following electronic systems became accessible: the SRC…
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Loan Agreement Signed Between Armenia and Asian Development Bank
Armenia’s Minister of Finance, Vahe Hovhannisyan, has signed a loan agreement with the Asian Development Bank (ADB) for the “Fiscal Stability and Financial Markets Development Program-Subprogram 2.” The agreement provides a budget support loan of approximately €89.5 million aimed at…