Acting Amid Skepticism: Ministry of economy seeks media, public ‘tip-offs’ for better anti-trust policies

While the initiative of Armenia’s government to fight corruption appears to be gaining new forms, many observers and opposition members remained skeptical and unconvinced, discarding the process as another “imitation”.

Tax Code Debate: Entrepreneurs want ‘long-term predictability’ to be addressed in new legislation

The new Tax Code, initiated by the authorities of Armenia, will contribute to increasing transparency in tax collection; it will make the field more predictable and will reduce the risks of corruption, say authors of the draft Code, as well as representatives of international financial organizations.

Grapes of Wrath: Armenian farmers demand pay for last year’s produce

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.

Driven: Government targets official vehicles as source of budget savings

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.

Risky Season: Fish farmers voice concerns after closures hit industry

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.

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.

U.S.-Armenia: American businesses encouraged to invest in Armenian economy

Specific measures have been drafted and implemented as part of the Trade and Investment Framework Agreement that was signed between the governments of Armenia and the United States a year ago.

Hrazdan-Cement Controversy: Parliament passes bill to exempt debt-ridden factory from tax penalties

This week, a bill on cancellation of debts arising from a default on tax obligations of the Hrazdan-Cement CJSC, was passed by the National Assembly at its special session on Wednesday, sparking a debate on the “squander” of public coffers.

Gas Issue: Economists say slashed prices at border could lead to reduced prices for end-consumers

Although Russia has reduced the price of natural gas supplied to Armenia by 9 percent at the border, it is still unclear at what price the final consumers in the South Caucasus country will get it.

Fighting Monopolies: Armenian Government promises level-playing field for businesses

This week, during the parliamentary question-and-answer session with the government, the main topic of which was fight against corruption and monopolies, MPs addressed some sharp questions to the Prime Minister.

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