  Armenian tax revenue rises by 18.1% in July August 5, 2025 - 17:51 AMT PanARMENIAN.Net - Armenia saw an 18.1% year-on-year increase in tax revenue in July 2025, reflecting stronger economic activity and better tax compliance. In July 2025, Armenia’s State Revenue Committee (SRC) collected 218.6 billion drams in taxes and state duties, exceeding the July 2024 figure by 33.5 billion drams or 18.1%. The data was announced by SRC Chairman Eduard Hakobyan via his Facebook page. According to Hakobyan, the growth was fueled by economic activity, enhanced tax discipline, and improved administrative efficiency at the SRC. “The responsible and caring taxpayer is the true driving force behind the stable development of our state and the well-being of every member of society,” Hakobyan wrote.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
