Expert: When there is no trust between private and public sectors, unfortunately, there is no need to talk about right decisions Thursday, April 18 2024 17:31:00
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 ArmInfo. I do not share the optimism that Armenia will be able to diversify its export markets in a few years; maybe it will be possible to somewhat reduce its dependence on the Russian market. Emil Stepanyan, co-founder of the Export Armenia Association of Experts stated in a conversation with an ArmInfo correspondent. |
Wednesday, February 21 2024 18:36
ArmInfo.The overall growth rates of Armenia's international trade turnover for 2023 are marked by unprecedented achievements, however, the structure of exports and imports, unfortunately, indicates the presence of significant imbalances and shifts containing significant long-term macroeconomic risks, Doctor of Economy Aghasi Tavadyan told ArmInfo. >>> |
Friday, January 19 2024 19:54
ArmInfo. In order to fully use transit opportunities with Georgia, it is necessary to enter into bilateral negotiations in order to eliminate those measures that are mutually applied to cargo carriers due to the fault of the Armenian side. A similar opinion was expressed by economist Tigran Jrbashyan, presenting the results of the "Ameria" company's "Alternative Wine Export Markets" study. >>> |
Monday, December 25 2023 20:27
ArmInfo. The Armenian authorities are reforming the institution of management of multi-unit apartment buildings (hereinafter: apartment buildings) and are considering transferring these powers to an external manager (outsourcer). At the same time, in order to protect the interests of the residents, the rights and responsibilities of the developer and the apartment owners are clarified. Tanya Arzumanyan, Head of the Department of Housing Fund Management and Communal Infrastructure of the RA Urban Development Committee, told ArmInfo. >>> |
Thursday, November 16 2023 12:22
ArmInfo.The international network of impact hubs (centers for social innovation, entrepreneurship and coworking spaces) began to actively develop around the world in 2009. The opening of such a center in Armenia took place in 2016, which happened in parallel with their establishment in many countries of Western Europe. >>> |
Tuesday, October 24 2023 14:01
ArmInfo. The legislative changes initiated by the State Revenue Committee (SRC) of Armenia, allowing the tax authority to request from the taxpayer a bank statement on transactions without a court decision, will lead to the establishment of an "economic dictatorship" in Armenia, based not on the rule of law, but on the principles of permissiveness of the tax authorities . Eduard Badalyan, an Expert at the Citizen, Taxpayer, Business Rights Protection NGO shared this point of view in a conversation with an ArmInfo correspondent. >>> |
Wednesday, September 6 2023 11:11
ArmInfo. A delegation of the International Monetary Fund (IMF) led by Mr Jihad Azour, Director of the IMF Middle East and Central Asia Department, and Ms Iva Petrova, IMF Mission Chief for Armenia, was on a visit to Armenia recently. In an interview with Mr Emmanuil Mkrtchyan, CEO, ArmInfo News Agency, Mr Jihad Azour said that the IMF delegation visited Armenia on the occasion of the 30th anniversary of the Armenian national currency and foundation of the Central Bank of Armenia, landmarks in Armenia's history. >>> |
Monday, August 7 2023 11:07
ArmInfo. Today is the deadline for the 2-month term for the expert opinion by the interagency group for construction of a new nuclear power unit formed under a decision by Armenia's Premier Nikol Pashinyan. >>> |
Monday, July 31 2023 15:24
ArmInfo. There is practically no policy aimed at developing high value-added industries in Armenia. This, in fact, is evidenced by the data of both the RA Statistical Committee and the list of the largest domestic taxpayers. Doctor of Economic Sciences, Professor Ashot Tavadyan expressed a similar point of view in an interview with ArmInfo. >>> |
Monday, June 5 2023 11:28
ArmInfo.The increase of the share of domestic debt in the total government debt up to 47% in Armenia by May 2023 can be considered from two aspects - both as an achievement by Armenia's economic authorities and their "involuntary" torpedoing economic progress, Armenia's former minister of finance, international expert Vardan Aramyan said in an interview with ArmInfo. >>> |
Monday, May 15 2023 15:40
ArmInfo. "We all live under the same sky, but we don't all have the same horizon," the great German politician Konrad Adenauer said, in a tough discussion with the United States on the issue of restoring Germany destroyed by the WW2 and insisted on canceling the initial scenario of turning it into a country with an agriculture-led economy, forcing the ally to the implement the Marshall Plan, aimed at restoring the infrastructure and industrial power of Germany. >>> |
Tuesday, April 4 2023 15:23
ArmInfo.Further depreciation of the ruble will lead to the loss of competitiveness of goods of Armenian origin in the Russian market and a decrease in the pace of economic activity in Armenia. Economist Suren Parsyan expressed this opinion in an interview with ArmInfo. >>> |
Thursday, March 30 2023 10:52
ArmInfo. Russian resettlers, whose number in Armenia, according to various sources, is estimated from 80 to 100 thousand people, not only contributed to high "statistical" economic growth and low "estimated" inflation in the country, but also made it possible to significantly strengthen the resources of the Armenian banking system. However, Armenia, having benefited from both people and capital, has appeared under the powerful sanctions lens of the Western countries, which is seriously concerned about the possibility of circumvention of anti-Russian sanctions by countries friendly or neutral to Russia. Armenian banks were immediately warned that they must strictly follow the international regulations against the legalization of proceeds from crime (money laundering) and put up serious barriers to clients' attempts to circumvent anti-Russian sanctions in the course of trading activities. By and large, by March last year, Armenian banks were not ready for such a turn, and therefore they began to actively implement the so-called compliance control and its tough “barrier” tools. >>> |
Monday, February 13 2023 19:00
ArmInfo. Currency volatility causes significant risks not only for the state, but also for those citizens who have foreign currency and especially mortgage loans. Armenian MPs of the ruling party noted the risks and suggested issuing mortgages in drams, except in cases where citizens have proven income in foreign currency. >>> |
Monday, February 6 2023 23:06
ArmInfo.The day Russian relocated employees go back to Russia with their capital, Armenia's economic growth will "burst like a soap-bubble," economist Suren Parsyan said in an interview with ArmInfo. >>> |
Tuesday, January 31 2023 15:44
ArmInfo.The model of compulsory health insurance system (CHI) conceptually proposed by the Armenian Ministry of Health, is not justified and is fraught with serious risks. Haykaz Fanyan, head of the ACSES Analytical Center (Armenian Center for Socio- Economic Studies), told ArmInfo. >>> |
Saturday, January 21 2023 11:09
ArmInfo.In the summer of 2022, the State Revenue Committee of the Republic of Armenia appealed to the Central Bank of the Republic of Armenia with a call to ensure the regulation of the cryptosector. Such a need, as noted then by head of the Committee Rustam Badasyan, arose due to cases of tax evasion in this field, money laundering and other risk factors. >>> |
Friday, January 13 2023 16:29
ArmInfo.The past couple of years in t Armenia's economic policy were marked by the adoption of a number of important, one might say, key legislative acts aimed at increasing investment attractiveness and stimulating economic activity in the country. >>> |
Tuesday, December 20 2022 12:55
ArmInfo.The Executive Board of the International Monetary Fund (IMF) approved SDR 128.8 million (about US$171.1 million) 36-Month Stand-By Arrangement (SBA) for Armenia to help maintain macroeconomic stability, provide insurance against downside risks, and support structural reform agenda. On this occasion, Mr Mehdi Raissi, IMF Resident Representative in Armenia, kindly agreed to answer a number of questions in an interview with ArmInfo. >>> |
Tuesday, December 20 2022 11:13
ArmInfo. The Executive Board of the International Monetary Fund (IMF) approved SDR 128.8 million (about US$171.1 million) 36-Month Stand-By Arrangement (SBA) for Armenia to help maintain macroeconomic stability, provide insurance against downside risks, and support structural reform agenda. On this occasion, Mr Mehdi Raissi, IMF Resident Representative in Armenia, kindly agreed to answer a number of questions in an interview with ArmInfo. >>> |
Wednesday, December 14 2022 18:15
ArmInfo. The universal income declaration system will be launched in Armenia from 2023. The initiative will be implemented in three stages and by 2025 it will become mandatory for all citizens who are residents of the Republic of Armenia. " Once again, we first adopt an incomplete law, and then look at what will come of it," Soghomon Mirzoyan, President of Association of Financiers of Armenia, said in an interview with an ArmInfo correspondent, talking about the risks and timeliness of the government's initiative. >>> |
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