Nongovernmental organizations in Armenia to be obliged to submit annual financial reports

YEREVAN, December 6. /ARKA/. The Armenian government upheld Thursday at its regular meeting amendments to the law on nongovernmental organizations.

The amendments propose that all nongovernmental organizations in Armenia will have to submit annual financial reports, while under the present law, only those organizations financed from public sources are obliged to submit annual financial reports.

Davit Ananyan, head of the State Revenue Committee, said that the amendment, proposed by the State Revenue Committee (SRC), is designed to enhance accountability and transparency, in conformity with international requirements. -0—

spot_img

POPULAR

Euro and ruble exchange rates against the Armenian dram rose, while the dollar continued to decline: Central Bank

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market, fell by 0.06 points on September 9, 2026, compared to September 8, to 363.58 drams.

Deposits in Armenian commercial banks at the end of July amounted to approximately 8.3 trillion drams

Deposits in commercial banks in Armenia at the end of July 2026 amounted to 8,289,634 million drams, compared to 8,070,715 million drams in June. This is according to data from the Statistical Committee of the Republic.

Central Bank of Armenia puts into circulation a commemorative silver coin for the 35th anniversary of the Republic

The Central Bank of Armenia will put into circulation a silver commemorative coin, "35th Anniversary of the Republic of Armenia," on September 14, 2026, the regulator's press service reported.

Armenian investment company assets have grown approximately sixfold since 2021, exceeding 400 billion drams: Dimension Investments CEO

Armenian investment company assets have grown approximately sixfold since 2021, from 67 billion drams to over 400 billion drams, said Grigor Harutyunyan, CEO of Dimension Investments.

Food prices account for 57% of inflation in Armenia – WB

Food and non-alcoholic beverage prices account for 57% of inflation, despite a slowdown in their growth rate from 8.6% in June to 6.4% in August, according to the World Bank's Armenia "Monthly Economic Update – September 2026."

LATEST NEWS

spot_imgspot_imgspot_img