Armenian economy

 Armenia's parliament approves 2018 state budget

Armenia's National Assembly approved the final version of the draft state budget for 2018 with 64 votes in favor and 35 against.  Expenditures and revenues for 2018: 1 trillion 308 billion drams in revenues, 1 trillion 307 …

Read
Armenia no longer likes EEU

During three years of Armenia's membership in the EEU, there has been a significant regression in a number of socioeconomic spheres, Yerevan says

Read
Butter price mounting at record pace in Armenia

Butter prices in Armenia show a record growth, Haykakan Zhamanak reported. The newspaper’s monitoring showed that in supermarkets in downtown Yerevan, butter price surged by 550 drams (around $1.1) per one kilogram. …

Read
Armenia's state budget deficit increasing

Armenia's state budget deficit will grow by 3.8% in 2018, as compared to the current year. The gross revenues of the country’s 2018 budget are projected to be 8% higher than this year’s indicator. At the same …

Read
Reforms in Armenia's agricultural sector expected

Armenian Prime Minister Karen Karapetyan told about a new agricultural reforms program during the government meeting, press service of the government reported. "Based on our research and regional inspections, we …

Read
Water tariffs may be increased in Armenia

Water tariffs may be increased in Armenia, the press office of Veolia Jur, a subsidiary of France’s Veolia Generale des Eaux and the only water-supply operator in Armenia, said. The company intends to appeal to the Public …

Read
Armenia loses third of money transfers from Russia

Remittances to Armenian citizens from abroad, declined by 38.4% ($830 million) over the past three years, Armenian Finance Minister Vardan Aramyan said. The head of the Armenian Ministry of Finance linked this situation …

Read
Armenia's national debt increases

The national debt of Armenia has reached $6.095 billion: in April 2017 it amounted to $6.038 billion, according to data of the National Statistical Service of the Republic. $550.9 million is debt held by Armenia's Central Bank …

Read
Ex-minister: Armenia’s possibilities exhausted

Armenia’s possibilities have been exhausted with the current economic policy and governance system, former defense minister Seyran Ohanyan said. “This is a turning point for Armenia: either we realize seriousness of the …

Read
Armenia’s central bank cuts refinancing rate again

Armenia's Central Bank cut its refinancing rate by 0.25 percentage point to 6%. The Central Bank began to gradually reduce the refinancing rate from the second half of 2015. As a result, it fell from 10.5% in June 2015 to 6.25% in …

Read

Populars