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Economy
13:51 18/12/2019Minister: Funds for Armenia’s military-industrial complex to double next yearThis year, additional funds amounting to1 billion drams have been allocated to the military-industrial complex to launch new designs and projects on the account of savings, Armenian High-Tech...
18:32 17/12/2019The national debt-GDP ratio will be below 50% by 2020, minister of finance saysChaired by Prime Minister Nikol Pashinyan, the cabinet discussed on Tuesday the Ministry of Finance budget allocation bid for FY2020, press department at the government reported.
16:52 17/12/2019Smartavia airlines launch Yerevan-Moscow flightsSmartavia airlines will launch roundtrip flights from Yerevan to Moscow three times a week starting from July 22, the Armenian International Airports reported in a press statement.
18:15 13/12/201911 thousand job seekers employed over the past year - Ministry of Labor and Social Affairs sums up its activitiesThe year 2019 was difficult and it was mostly a year of preparation works, Armenia’s Minister of Labor and Social Affairs Zaruhi Batoyan told a year-end press conference on Friday.
19:21 12/12/2019Beeline and British Council initiate coding classes at Yerevan schoolsBeeline and the British Council launched a new educational project on Thursday aimed at teaching coding skills to high-school students and develop their core skills, including critical thinking,...
18:36 10/12/2019ANPP operates in line with all international standards – ministerThe Armenian Nuclear Power Plant (ANPP) operates in line with all international standards, the Minister of Territorial Administration and Infrastructure Suren Papikyan told reporters on Tuesday.
18:21 09/12/2019VivaCell-MTS: solar heating system installed in the kindergarten of Tsovak villageThe harsh climate, typical to Gegharkunik region, entails unforeseen expenses or realizing temporary solutions for the kindergarten in Tsovak village.
13:31 09/12/2019Armenian deputy PM assures gas price won’t change by April 1The price of Russian natural gas supplied to Armenia will remain unchanged by at least April 1, 2020, Deputy Prime Minister Mher Grigoryan told reporters on Monday.
10:21 09/12/2019Carpet production grows strongly in Armenia in 10 monthsArmenia saw a strong growth in production of carpets and rugs in the first 10 months of 2019, the latest official statistics show.
18:25 07/12/2019Prices for dairy and bakery products rise in Armenia in NovemberPrices for dairy products, cheese and eggs also dropped by 2.2% in November this year compared to November 2018, while the products recorded a 0.4% inflation against October of the ongoing year,...
12:51 07/12/2019Fruit, vegetable prices up in Armenia in November: statisticsPrices of food and non-alcoholic beverages grew by 2.6% in Armenia last month from the previous month, which was largely prompted by 20.1% and 3.5% rise in vegetable and fruit prices, respectively,...
19:29 06/12/2019Draft strategy on CIS economic development by 2030 discussed in MoscowArmenian Deputy PM Mher Grigoryan participated in the regular session of the Commonwealth of Independent States (CIS) Economic Council held in Moscow on December 6.
17:39 06/12/2019Special Cover dedicated to the State Award of the Republic of Armenia for Global Contribution in IT sphere cancelled in YerevanSpecial Cover dedicated to the State Award of the Republic of Armenia for Global Contribution in IT sphere has been cancelled on Thursday in the Presidential Palace of the RA.
15:04 06/12/2019World food prices climb again in November: FAOWorld food prices climbed 2.7 percent in November compared to the previous month, pushed higher by sharp rises in meat and vegetable oil prices, according to information released Thursday by the...
12:16 06/12/2019Armenia acquired unprecedented amount of armament – PashinyanSince 2018, Armenia’s state budged has increased by 66 billion AMD (around $138 mln) which amounts for 28% of the total state budget, Prime Minister Nikol Pashinyan stated on Friday at the debate on...
12:05 06/12/2019Armenian parliament adopts 2020 draft state budgetThe Armenian National Assembly voted 77 to 37 to adopt the draft state budget for 2020 at a session on Friday.
13:30 05/12/2019Armenian airports report 9.4% growth in passenger flow in NovemberArmenia’s two airports saw a strong growth in passenger traffic in November 2019 against the same month of 2018.
11:55 05/12/2019Oil slips as OPEC+ prepares to discuss deeper output cutsOil prices fell in muted trading ahead of OPEC talks in Vienna later on Thursday, trimming some of the sharp gains made the previous session on both the possibility of producers agreeing further...
21:09 04/12/2019Silicon Mountains forum dedicated to “Smart solutions” unites ICT leadersSilicon Mountains, a two-day conference dedicated to "smart solutions" in the ICT sector and world market developments in the nearest future, has kicked off in Yerevan today.
14:44 03/12/2019Civil aviation chief says new airline may enter Armenian market soonA new air company may soon enter the Armenian market, Tatevik Revazyan, Chair of the Civil Aviation Committee, told lawmakers on Tuesday.