Social and Economic Situation in Armenia
Reaching 0.3 percent in May, the Bank governor added...
At the same time, we want to conduct a smooth policy and do not want to take too drastic steps…
The exchange rate of the Russian ruble, however, remained unchanged...
If winning more than 5 million drams…
Both a certain increase and a decrease were recorded in the country in terms of exports and imports, said the deputy minister…
Gevorg Papoyan received Ambassador Nilakshi Saha Sinha…
And as a result of consistent border inspection and resolving emerging problems at the expert level as quickly as possible…
USAID marked another success story with the Ministry of Economy of Armenia…
In particular, according to Papoyan, French companies are already in Armenia…
Papoyan added that Armenia is now negotiating to become a part of it…
The new name will allow us to promote, advertise, export, and ensure the implementation of mechanisms of clear quality control, as well as the production of cognac...
Also, Papoyan expressed a conviction that the lack of proper diversification of economic relations in Armenia over many years has led to quite serious problems…
The official grants received from the European Union last year made up about 77.7 percent…
The minister of economy explained...
State budget revenues increased by 15.4 percent in the country, Badasyan said...
The information on the implementation of the country’s state budget has been publicized…
The increase in the country’s economic activity index was 10.4% this April compared to the same month of the previous year...
Pashinyan stated that between 2020 and 2023, there were threats to the country's statehood…
In 2023, we had an economic growth of 8.7 percent, which is higher than the goal expressed in the election program for the 2021 snap elections…
And there was deflation, the Statistical Committee added...
This partnership reflects our commitment to contributing to Armenia's education system and the training of future professionals...
Gevorg Papoyan attended an event devoted to Argentinian National Day...
Ambassador Maragos expressed his satisfaction with the work carried out...
The exchange rate of the Russian ruble, however, remained unchanged...
In particular, according to the deputy finance minister, this refers to the general tax system and the turnover tax system of Armenia…
As a result of these changes, the taxpayers are expected to ensure complete and reliable submission of relevant information…
Ambassador Kvien welcomed visiting businesses to the 2024 annual meeting and business forum of the European Bank for Reconstruction and Development…
Following the debt restructuring by “BSTDB” the loan was decreased to Euro 5 million and maturity was extended to 2034 (the “Restructuring”)...
The signing of the respective loan agreement is planned within the framework of the European Bank for Reconstruction and Development annual meeting, which started Tuesday and will conclude on Thursday…
Galstyan noted that low inflation was maintained in the country during the last four months of this year…
The country joined the respective agreement...
These flights will be conducted on Thursdays and Sundays, the Armenia International Airports CJSC ...
179 million drams (approx. US$465,500)…
Gnel Sanosyan received Ambassador Christos Sofianopoulos…
Avetisyan assured, however, that this trend is more related to economic factors, rather than to the problems in monetary systems…
The WB Board of Executive Directors approved a Development Policy Operation…
The 12-month inflation continued to decrease in the country in the first quarter of 2024 Martin Galstyan said…
The exchange rate of the Russian ruble, however, remained unchanged...
Mher Grigoryan received Alkis Vryenios Drakinos, Director, Regional Head of the Caucasus for the European Bank for Reconstruction and Development...
Finance minister, Ambassador Maragos discuss Armenia-EU financial, economic cooperation coordination
Vahe Hovhannisyan received the Head of the Delegation of the European Union to Armenia…
Also, the interlocutors conferred about the progress of the projects and the implementation of new ones…
Net remittances decreased by 63.3 percent in February…
The exchange rate of the Russian ruble, however, remained unchanged...
And a new agreement on another 15 million euros is planned...
Free Flow of Information, Acceptance of the Rights of Others, and Low Levels of Corruption all recorded improvements of over 15 percent in the country…
“Kazakhstan is interested in deepening trade and economic cooperation with Armenia,” the visiting Kazakh president stated…
The exchange rate of the Russian ruble, however, dropped...
The exchange rate of the Russian ruble, however, remained unchanged...
And the exchange rate of the Russian ruble dropped...
The exchange rate of the Russian ruble, however, remained unchanged...
Finance Minister Vahe Hovhannisyan was on a working visit to Slovenia…
In accordance with the PM’s decisions…
Armenia takes into account all the benefits and harms that may occur in any decision…
The exchange rate of the Russian ruble, however, remained unchanged...
The exchange rate of the Russian ruble, however, remained unchanged...
The "Democratic Institutions and Participatory Policies in Armenia" project…
Of which the amount of net flows of foreign direct investments from the other Eurasian Economic Union member countries was about $58 million...
Exports increased 2.6 times, the Statistical Committee added...
As evidenced by the data of the Ministry of Finance…
The economy minister received the US ambassador…
The Armenian PM met with the Chinese vice premier, in Brussels…
ZCMC presents the environmental measures implemented during the past year, as well as current and planned activities in this area...
The deputy minister of territorial administration and infrastructure, Armen Simonyan, announced in parliament…
For the development of Armenia’s renewable energy sector...
The Statistical Committee summed up the data of January...
The exchange rate of the Russian ruble, however, remained unchanged...
It increased by more than 7 percent, Deputy Minister of Economy Narek Teryan said…
Raffy Semerdjian, Secretary General at International Chamber of Commerce National Committee Armenia, told reporters within the framework of the India-Armenia business forum in Yerevan...
India ambassador: We are happy that our relations with Armenia are developing in defense sector also
In the current geopolitical situation…
The annual trade between Armenia and India amounts to only $200 million, the Indian ambassador stated…
The event, organized by the Indian embassy, is aimed at…
It wants to apply for international standards in this regard…
A notification letter was sent to the mayor, informed Artak Beglaryan, the former Minister of State and Human Rights Ombudsman of Artsakh…
The municipal council will discuss the matter of public transport fare hike today...
The exchange rate of the Russian ruble, however, remained unchanged...
The visiting Armenian PM met with his Egyptian colleague in the New Administrative Capital in Cairo Governorate…
In the last four years, noted the head of the Public Debt Management Department of the ministry...
The state should develop support measures in order to develop the capital market…
By a presidential decree based on the recommendation of the PM…
The event has brought together more than 500 participants under one platform...
The exchange rate of the Russian ruble, however, remained unchanged...
The State Revenue Committee explained...
On the margins of his official visit to Iraq, Vahagn Khachaturyan met with Nechirvan Barzani…
And the GeoProMining company has never been and is not currently a shareholder of the Combine, the latter informed in a statement…
These flights will be conducted on Mondays and Fridays...
Nikol Pashinyan's working visit to France continues…
The only issue is that we received the electronic information within the CIS [(Commonwealth of Independent States)] framework only in 2023…
And the country’s economic activity index increased by 9.4 percent last year…
The exchange rate of the Russian ruble, however, remained unchanged...
The "Milk to Schools" project kicked off in December 2022 with the signing of a cooperation agreement between Nanna Skau,...
The Statistical Committee publicized the latest data…
Nikol Pashinyan received Bakytzhan Sagintayev, Chairman of the Board of the Eurasian Economic Commission…
Vahagn Khachaturyan received Bakytzhan Sagintayev…
“With that, we will encourage the production of the final product," said Kerobyan…
For the availability of respective airline tickets, their acquisition and other details, please visit…
And increase in volatility might occur in the currency market, added the deputy governor of bank…
According to him, the growth of the country's economic activity, however, will be more than that of the GDP…
In his opinion, this growth will continue, but this trend does not pose any risks…
Martin Galstyan added that due to the increase in supply in the country’s labor market, the increase in wages now has a tendency to moderate…
Galstyan added that quite considerable funds were earmarked by the state for these objectives…
Against the backdrop of the announcements by the Armenian authorities to diversify the country’s economy…
It expects growth of 6% in 2024 in the country…
The tax authority published information on the taxes paid in 2023…
The Ministry of Finance informed about how much the country's state budget spending on science has increased between 2020 and 2024…
In 2022, the World Bank and some other major international organizations had warned that poverty in Armenia could increase…
Last week, a meeting of the Public Investment Committee took place, during which…
Among the founding member countries of the AIIB are: Iran (2,541 shares), Georgia (539 shares), Turkey (26,099 shares), and Azerbaijan (2,541 shares)…
This decision by the European Commission was made on the basis of…
Vahan Kerobyan addressed at the Global Forum for Food and Agriculture (GFFA) in Berlin...
Economy minister presents Armenia's Crossroads of Peace project to Germany business circles (PHOTOS)
At the German Committee on Eastern European Economic Relations, in Berlin…
Vahan Kerobyan met with Niels Annen, Parliamentary State Secretary to the Federal Minister for Economic Cooperation and Development of Germany...
The Armenian government approved the ratification of the Yerevan Urban Development Investment Project loan agreement with the ADB…
President Vahagn Khachaturyan met with IMF Managing Director Kristalina Georgieva, within the framework of the World Economic Forum in Davos...
As per the deputy chairman of the State Revenue Committee…
The decrease is only in the case of Yerevan and Tsaghkadzor, where…
“All the infrastructures are ready,” said the deputy chairman of the State Revenue Committee…
In India, Vahan Kerobyan, met with the country’s Minister for Ports, Shipping and Waterways...
Moving Yeraskh village steel plant project to Ararat city costs Armenia government 3.5 billion drams
A budget loan has been granted to GTB Steel LLC...
Vahan Kerobyan met with the entrepreneurs from the Mantashyants Business Club…
And in December alone, there was a 0.6 percent deflation compared to the previous December, the Statistical Committee added...
The annual meeting will be entitled "Delivering Impact Together"…
"We expect that, based on the data of the third and fourth quarters of 2023, the unemployment rate will drop even more," Kerobyan added…
Vahan Kerobyan noted that Russia continues to be Armenia's largest trade partner, although its share in the overall indicator has slightly decreased…
We predict 6 percent growth; the inflation forecast is 3.1 percent...
In monetary policy, we have been successful in achieving our key targets, said deputy governor Armen Nurbekyan of the Central Bank…
The Ministry of Finance informed…
Rustam Badasyan emphasized that until 2022, the country received more than it sent to the total customs budget of the Eurasian Economic Union…
As of eleven months, 5 million 44 thousand people have come to or gone from the country, said the territorial administration and infrastructure minister…