Senior Statistician: No essential change in prices recording in Armenia in Jan-Apr

Senior National Statistical Service (NSS) official Gurgen Martirosyan, summing up price changes in the consumer market so far this year, said that after a high inflation in Armenia’s consumer market at the beginning of the year, “deflation trends” have appeared.

Minister: Escalation in Karabakh won’t affect Armenia’s economy

The escalation of the conflict in Nagorno-Karabakh will have no negative impact on Armenia’s rate of economic growth, according to Economy Minister Artsvik Minasyan.

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.

Rosatom: No economic ground for new nuke station construction in Armenia

Russia believes there is no economic ground for the construction of a new nuclear power plant in Armenia, Kirill Komarov, the first deputy chairman of the Rosatom Company, said this week. He said that the construction of a new nuclear power plant in Armenia can only be talked about if there are appropriate calculations and justifications.

Gas and Electricity Review: PSRC expects to lower tariffs

The Public Services Regulatory Commission (PSRC) says it intends to reduce natural gas prices in Armenia in response to a request from provider Gazprom Armenia.

Budget Performance: Discussions on 2015 revenues/expenditures commence in parliament

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.

World Bank: No change in GDP growth outlook for Armenia yet

The four-day hostilities in Nagorno-Karabakh in early April have not yet had a negative impact on the economy of Armenia, according to a World Bank representative in Yerevan.

Gas Issue: Experts in Armenia say Russia’s price discount “inadequate” to global conjuncture

Last week, Russian Gazprom’s Armenian subsidiary, Gazprom Armenia, announced its intention to apply to the Public Services Regulatory Commission for a lower tariff for household and companies in Armenia.

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.

Qatar Airways Service from EVN: New flights at “competitive” prices

Qatar Airways has announced the start of service from Yerevan Zvartnots Airport beginning May 16.

MOST POPULAR