Armenian government

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Armenian economy rolled back in 2015

The main obstacle in the way of development of the country is still the clannish-oligarchic model of the economy, which creates favorable conditions for corruption and a high level of the shadow economy

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Iran receives rights to Yerevan's Blue Mosque

The Armenian government made a decision to transfer the rights to the Blue Mosque, located in Yerevan, to Iran. The building will be included in Armenia's state list of historical and cultural immovable monuments. An …

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Rally against constitutional reform starts in Yerevan

The New Armenia Public Salvation Front launched around-the-clock sit-in in Yerevan’s Liberty Square yesterday after the opposition march against the constitutional amendments in the country's constitution. The participants stayed …

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Armenia approves 2016 state budget

The Armenian government approved the draft state budget of the Republic of Armenia for 2016. It will be presented to the National Assembly of Armenia tomorrow. According to the draft, consolidated budget revenues amount to 1,183 billion ...

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Nairit workers to get wages in 1- 2 days

All the employees of the Nairit chemical plant will receive their salaries in one or two days, Armenian Minister for Energy, Yervand Zakharyan said during a Cabinet meeting today. “There are no obstacles to paying the ...

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Nairit's debt to be written off

The Armenian government has approved a draft agreement on writing off Nairit chemical plant’s debt to CIS Interstate Bank. "The draft agreement suggests a concession of the right to credit claims with respect to

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Armenian Parliament hosts extraordinary meeting

The extraordinary meeting of parliament called today is discussing the ratification of the agreement on a state export loan to the Armenian government signed between the governments of Armenia and Russia.

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Armenia's economy will only grow insignificantly this year

Economic growth in Armenia according to the results of this year will be insignificant, or may not occur at all. Such a forecast was made by the Director of the International Monetary Fund (IMF) for the Middle East and Central Asia, Masood Ahmed,

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