Civilnet- Armenia’s cabinet proposed doubling taxes on small businesses in the country, saying the move is needed to boost transparency and simplify the tax administration system.
- It remains unclear when Armenia’s Central Bank will allow the London-based financial giant HSBC to sell off its local subsidiary, leaving the country with no Western banks.
- Negotiations over a major expansion plan continue between Armenia’s government and Corporación América Airports, the company that owns the country’s main airport.
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