Armenian economy

Some Nairit employees receive salaries

Some employees of Nairit chemical plant have their outstanding salaries for five months already paid, Armenia's Vice Premier Ararat Mirzoyan said. He said on his Facebook page that the process of payment of …

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Armenian authorities to subsidize economy in regions

At the suggestion of the Minister of Territorial Administration and Development, the Armenian regions will receive 10 billion drams ($ 20.7 million) as subsidies for the development of the regional economy, " Prime Minister Nikol Pashinyan …

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IMF: Armenia is the poorest country in South Caucasus

The International Monetary Fund (IMF) has released a fresh report on the economic power of the world's nations, in which it ranks the world's countries according to their GDP based on purchasing power parity (PPP) per capita. …

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Migration from Armenia assumes escape character

The permanent population of Armenia decreased by 13.4 thousand people over the past year, according to the National Statistical Service of the republic. At the same time, it was noted that during the year 10.3 thousand more people were born …

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Armenian external debt keeps growing

Armenia's external debt amounted to $5.1 billion as of December 1, 2017,  the country’s national statistical service. In November 2016, Armenia's external debt increased by $62 million, Armenian media reported. …

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Results of 2017: Azerbaijan - leader of South Caucasus

In 2017, Azerbaijan reaffirmed its leadership in the South Caucasus region by once again gettion ahead of its Caucasian neighbors both by economic indicators, by scale of international projects and by prospects for further development. …

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 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 …

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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

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