Economy
28/03/2019 15:09Expertise results over Amulsar mine exploitation to be ready in May-June: minister“The process proceeds and a conclusion will be given. This process takes place in the sidelines of criminal case. The investigative body has hire an international organization which will carry out the studies. Besides this organization, a number of local experts are involved in the expertise,” Grigoryan said.
28/03/2019 13:01Government drops excise tax plans for carbonated beverage production“We will adjust it in the event of further discussions. There was also a problem of principle. If we are viewing it as a healthcare matter and are trying to tax beverages containing high amounts of sugar, a question arises regarding other products which also contain high levels of sugar. As of this moment, this has been removed from the bill,” he said.
28/03/2019 11:13Decision on exploitation of Amulsar to depend on expertise conclusion: Armenia’s PMArmenia’s Prime Minister Nikol Pashinyan referred at the NA today to the information that Lydian is going to apply to arbitration court, saying that this perspective does not scare them at all.
27/03/2019 17:44Armenian government has no discriminatory attitude toward any entrepreneur: deputy PM“If we see that there are certain uncontrollable risks, we will make corresponding decision,” he said, adding that if the conclusion is in favor of Lydian Armenia, the company will have no need to apply to arbitration court.
27/03/2019 17:34Pawnshops or exchange points should not be compared with other financial establishments: deputy PM“Because other financial establishments – credit organizations and banks operate in completely other regulation field and have many restrictions. The pawnshops and exchange points operate in completely other field,” he said.
27/03/2019 14:57Investors more afraid of frequent Tax Code changes than tax amounts: Chairman of the Union of Armenian Employers“When it is being spoken about promoting investments, it is necessary to review the obstacles and eliminate them. If they are not eliminated or are partially eliminated no essential changes will be registered,” Makaryan stressed.
27/03/2019 14:36Bright Armenia faction proposes having 14 ministries, having parliamentary control over all executive structures“A country with the 16% of its GDP being formed from the agricultural sector cannot close the ministry of agriculture. It will be wrong,” he said, adding that the argument as if it worked bad previously is unacceptable as it is possible to keep it and work normally.
27/03/2019 12:56Pashinyan: Armenian government discusses 89 investment projects costing 3,1 billion USD“Today’s realities show that we manage to carry out economic revolution. The economic revolution has already kicked off in Armenia and will succeed just like the political one. We must encourage work, encourage our citizens for them to believe in their strength,” he said.
27/03/2019 12:27Armenia’s new government ensures better competition, opens field for new companies: PMThe specific weight of the biggest sugar importing company in the market made 78% against previous 95%, the specific weight of banana importing company made 30% against former 57%.
27/03/2019 12:06Pashinyan: Food production registers 25% growth, drink production 30%“In my perception it means that our model of economic revolution works and I am convinced that it will work even better and better,” the head of the government said.
27/03/2019 11:53Armenia stands on threshold of construction boom: PMThis year quite another situation has been registered with Armenia having entered a lasting political stabilization phase, which has already found its reflection in the economy, Armenia’s Prime Minister Nikol Pashinyan stated at the NA session today.
27/03/2019 11:12Armenia’s parliament ratifies temporary agreement between EAEU-Iran on creation of free trade zoneAddressing the parliament, PAP faction MP Michael Melkumyan stated that the volume of export from Armenia to Iran thrice concedes to the volume of products imported from that country.
27/03/2019 10:42Oil prices edge higher, but future demand concerns cap gainsBrent was up by 17 cents, or 0.3 percent, at $68.14 by 0311 GMT, reversing earlier losses of a similar magnitude. On Tuesday, the global benchmark rose 76 cents to $67.97 a barrel, not far below its year-to-date high of $68.69, reached on March 21.
26/03/2019 20:39SRC ensures 290,9 billion AMD tax income in first quarter of year, more than envisaged: spokesperson“According to quarter distribution of income collection, the index of the first quarter of the year makes 285,1 billion AMD. As of March 25, the SRC has ensured 290,2 billion AMD income, more than envisaged,” Lusine Mkrtchyan said.
26/03/2019 18:32Electric Yerevan scenario not to repeat in case of gas tariff growth: political technologist“I consider it almost impossible for Electric Yerevan scenario to repeat as previously the protest actions were not being carried out without orders. Such actions need organizers, structures to finance them,” the political technologist said.