Armenian economy

Pashinyan: Armenia needs economic transformation

Armenia needs economic transformation, Armenian Prime Minister Nikol Pashinyan said. Asked to comment on the decline in exports, he agreed with the facts, noting that the decline in exports was due to the closure of …

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Armenia’s export decreased by almost 9%

Armenian Minister of Economic Development Tigran Khachatryan stated that in the first quarter of this year, exports from Armenia decreased by 8.6%. At the same time, he clarified that some of the indicators relate to the mining industry, where …

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Protests in Armenia's main university

More than 200 Yerevan State University employees are staging protests against the Armenian government's decision to finance scientific projects through a tendering process. About 450 researchers may lose their jobs due to the …

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Pashinyan received by Medvedev instead of Putin

Russia's Prime Minister Dmitry Medvedev and Armenia's Prime Minister Nikol Pashinyan held talks in Moscow, during which they discussed trade and economic cooperation between the two countries, the …

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 Number of corruption related crimes increases in Armenia

The number of reported economic and corruption related crimes in Armenia grew in the first 10 months of this year, according to the Armenian National Statistical Committee. According to the NSC, corruption crimes in January-October 2018 …

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Moody’s: Armenia to face greatest funding risks

Armenia, Sri Lanka and Pakistan top the list of smaller emerging economies most vulnerable to refinancing risks, because they face a combination of large upcoming repayments and low foreign currency reserves, ratings agency Moody’s …

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Pashinyan announces Armenia's 'new phase'

Armenia's Prime Minister Nikol Pashinyan started today’s Cabinet meeting of the government with an important message. He said that the republic's new Cabinet underwent a period of adaptation, so a new …

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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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