Economy
29/08/2019 14:28Country’s macroeconomic level not satisfactory: minister“We have not reached satisfactory level regarding macro economy. We had about 17% investment over GDP with the past year’s results which is not enough for ensuring lasting stable growth. The government must make this index exceed GDP’s 23% in five-year time,” he said.
29/08/2019 12:58Logistic and industrial free economic zone to be created in Armenia’s Shirak region“The free trade zone will become an important hub for logistic services, will contribute to the economic development of Armenia’s Shirak region,” he stressed.
29/08/2019 12:36Inventory of military-industrial products to be implemented: Armenia’s PM“We will work out the plan of the demands of the Armed Forces for the upcoming five years. We will work in two directions. Local producers must raise the efficiency of their production and reduce the prices,” he said.
29/08/2019 11:53Raise of Armenia’s rating by Moody’s testifies the positive policy adopted by the government: minister“This grow testifies that the carried out economic policy has been perceived and qualified by the organization as positive,” he said, adding that in future as well the development prospects will be stable.
29/08/2019 10:58Economic activeness index for July reaches 8,1%: Nikol PashinyanEconomic activeness index for July reached 8,1%, Armenia’s Prime Minister Nikol Pashinyan wrote on Facebook, describing the economic indexes registered for July as impressive.
28/08/2019 18:30Gorayk residents believe Amulsar exploitation contains no dangers“The government stated from the beginning that it would not allow it to work until it learns about the dangers. The government funded the company to do the work and people gave their conclusion. People are well aware of it,” he said, adding that Amulsar exploitation does not contain the dangers the people are talking about.
28/08/2019 14:11Armenia hasn’t confirmed PM’s participation to upcoming economic forum in Poland: Armenpress“Among several countries an invitation for participation to the Forum was also sent to the Armenian PM. Armenia has not confirmed the PM’s participation, and the Polish side has been informed on this”, she said.
28/08/2019 14:07Government to never make anti-state decision: My Step faction head on AmulsarSpeaking about the delay of discussion of Istanbul Convention, Makunts said that the ministry has applied to the Venice Commission over the issue and time is necessary for the response to come.
28/08/2019 13:59My Step faction lawmaker supports exploitation of Amulsar without new studies“I am for exploitation of Amulsar without new expertise,” he said.
28/08/2019 12:56Moody’s upgrades Armenia's rating to Ba3, from positive to stableThe decision to upgrade the rating is driven by Moody's assessment that the increasing diversification of growth drivers, coupled with a lengthening track record of stabilising macroeconomic policy, raises Armenia's economic resiliency. Ongoing measures to strengthen government finances will also likely gradually restore some of the sovereign's fiscal strength that eroded over 2014-17.
28/08/2019 12:24Armenia’s military-industrial sector must give competitive products: Armenia’s PM“Armenia must be an industrial country. The prior role should be given to military-industrial complex for it to correspond to all the modern technological standards,” Pashinyan said.
26/08/2019 13:46State free to ban exploitation of mine in case any violations come forthIvanyan stressed that the company is responsible for the consequences of the elaborated activity and not the expert company or experts.
22/08/2019 11:53Publishing expert conclusion on Amulsar ahead of PM’s visit to the USA gives food for thought: expert“Today we have a situation when the expert conclusion was presented by Lebanese Elard company which may hardly be considered the best organization of the field. Besides, the expert conclusion was not a result of complex environmental study with just documents presented by Lydian having been studied,” the expert stressed, adding that today’s conclusion does not meet the criteria set by the PM himself a year ago.
22/08/2019 11:18Referendum not the best variant to solve Amulsar issue: Babken Tunyan“In any case, irrespective of the decision the PM will make whether he will deicide or a referendum will be conducted, I share this responsibility with him,” he wrote, adding that id the PM’s decision differed from his own he would have put his mandate and criticized the approach.
21/08/2019 21:17Businessman Vahe Parazyan flee from Russia to Armenia to escape creditorsSpeaking to Aysor.am, Stepanyan’s lawyer Hrant Ananyan said that a number of other entrepreneurs who were in partnership relations with Parazyan appeared in the same situation and more probably will join Stepanyan’s application.