The first smartphone made in Armenia, called the ArmPhone, went on sale this week. Various Armphone models were unveiled during a kick-off celebration on Monday held as part of a marketing campaign called “It’s Time for Armenian [products].”
Fight for Demonopolization: Expert says political decisions needed to deal with market “concentration”
While the Armenian government is taking steps to regulate “high concentration” areas of the economy, many in the country still remain skeptical about its having the necessary political will to fight against corruption and monopolies.
According to Armenian aviators, the country lacks a legal basis and liability for the development of aviation and the imperative of having a national carrier requires statesmanship and protectionism.
Armenian Prime Minister Hovik Abrahamyan has given the economy minister a month to develop guidelines with detailed description of importation procedures related to a number of essential goods whose trade in Armenia is perceived to be monopolized.
Defeating the Purpose?: Minister suggests granting monopoly to sugar importation as part of anti-trust fight
The statement by Armenia’s Economy Minister Artsvik Minasyan about the possible official granting of a monopoly for sugar importation has deepened public skepticism regarding the government’s declared anti-trust and anti-corruption efforts.
Officials say the new policy, which the government of Armenia has committed itself to, that is, switching to a stricter regime of saving by forming an efficient administrative system, including cutting on business trips, service vehicles, repairs, is already in progress. They say it is aimed at meeting a vision of “becoming a more effective state,” which has been outlined by the Prime Minister in his statement earlier this month.
Hundreds of farmers from a number of communities in Armenia continue to hold protests and demand payments from distilleries for the grapes they sold to them still last year.
The fisheries in Armenia are closing down for several reasons: a high cost price of fish production, reduction of exports to Russia, high water bills.
During the discussions on the performance of the 2015 state budget, which were launched in the National Assembly this week, the country’s chief treasurer said that instead of 4.1 percent, predicted in 2015, 3 percent growth was recorded. That growth, according to him, was mainly due to agriculture and mining.
A week after Prime Minister Hovik Abrahamyan announced an ambitious plan to cut down administrative expenses, the Armenian government has decided to reduce the number of cars used by different government agencies and state-run companies by nearly 800.