Economy
24/12/2018 11:03Five ministries to be cut in Armenia“As it was expected the new government has not made us wait long. Only a week after publication of voting results the government puts into circulation bill on making changes and amendments in the law on Government’s stricture and activity,” Hovhannisyan said.
22/12/2018 14:44Armenia’s acting PM hopes negotiations with Russia over gas price to pass successfully“I have no information about raise of gas price, we must discuss the issue,” he said.
22/12/2018 12:34No egg deficit expected: Union of Poultry Breeders“We officially deny the information and report that 10 big and medium plants and over 25 big farmers produce and bring to market more than 1.2 million eggs daily,”
21/12/2018 12:46Changes in Yerevan budget adoptedDeputy mayor of Yerevan Hayk Sargsyan presented at the Yerevan City Council session today the bill on making changes in the Yerevan budget’s income and expense parts amounting to 1 million 440 thousand Armenian Drams.
20/12/2018 17:1313,4million AMD spent from state budget for a car for young head of General Department of Civil Aviation of ArmeniaHead of committee’s staff Tigran Bayburtyan told Aysor.am that the purchase was envisaged by this year’s purchase plan.
20/12/2018 16:52Prices for cement to low from January 2019He said that as far as the main impetus of economic development is construction and apartment construction in particularly, the affordable cement means lower prices for apartments and available mortgage loans.
20/12/2018 15:16Export declines by 5%, import grows by 12% as compared with same span of 2017: Finance Ministry sums up the yearThe major share of the growth comes to service sector – 17,2%, trade turnover sector – 5,3%, industry sector – 1,1% and construction sector – 0,2%. In the sphere of agriculture negative index has been registered -8,3%.
20/12/2018 14:41Armenian government receives no letter from Russian side over gas price“I would also like to say that negotiations with our Russian partners take place in the atmosphere of mutual trust and understanding,” Varag Siseryan said.
20/12/2018 13:47EU to provide 6.5 million Euros for stress tests in Armenia’s Nuclear Power PlantThe implementation term starts from the moment the funding contract enters into force and ends in 96 months.
20/12/2018 13:43Armenia approves temporary contract on formation free trade zone between EAEU and IranArmenian government approved at the cabinet sitting today the legislative initiative on ratifying temporary contract on formation free trade zone between EAEU and Iran.
20/12/2018 11:48Armenian government provides privileges to Spayka company, 28 billion AMD investments to be madeInvestments amounting to 28 billion Armenian Drams are intended to be implemented in the sidelines of the project, of which 4.2 billion from own means and 23.8 billion from loan means.
19/12/2018 12:16Oil prices claw back some ground, but oversupply worries dragGlobal benchmark Brent crude futures rose 0.36 percent, or 20 cents, to $56.46 per barrel. They dropped 5.6 percent on Tuesday, at one point hitting a 14-month low.
18/12/2018 16:08Criminal case filed against former deputy transport and communication ministerThe Investigative Committee reported that Arakelyan, stemming from group interests, failed to report to law enforcement bodies about abuses and embezzlements in South Caucasian Railway company revealed as a result of audit, including the failure to implement commitments envisaged by a contract.
17/12/2018 15:24Luys faction describes 2019 Yerevan draft budget “regress”In a released statement the faction said that after studying the draft budget presented for public discussion on November 14, the faction has registered that it is a regress even as compared with the 2018 Yerevan budget which was so much criticized by Yerevan City Council’s Yelk faction.
17/12/2018 13:59Armenia’s President, Georgian PM discuss expansion of trade-economic tiesPresident’s press office reports that during the meeting the parties exchanged thoughts over the current agenda of Armenian-Georgian relations, stressed the importance of boosting the effective cooperation in different directions.