Armenia’s unemployment rate increased by 1.5 percentage points in 2024 compared to the previous year, reaching 13.9%, Finance Mi …
Armenian Unemployment Up To 14% Despite GDP Growth
Unemployment in Armenia rose last year despite continued economic growth, Finance Minister Vahe Hovannisian said on Wednesday.
Finance Minister presents 2024 budget report for PM’s office
PanARMENIAN.Net – During joint sessions of Armenia’s parliamentary standing committees, discussions continued on the annual execution report of the 2024 state budget. Finance Minister Vahe …
Azerbaijan, BP sign agreements on solar power plant in Karabakh
Azerbaijan and BP signed agreements on building a 240 megawatt solar power plant in Karabakh, an Azerbaijani region retaken in 2023 from breakaway ethnic Armenian authorities.
Armenian authorities to allocate 13.8 billion drams from state budget for development of road and transport infrastructure
About 13.8 billion drams will be allocated from the state budget of Armenia for programs on reconstruction, repair and construction of roads and transport facilities, Minister of Territorial …
Top 500 property taxpayers contribute AMD 3.3 billion in 2024
PanARMENIAN.Net – Armenia’s Cadastre Committee reports that the 500 largest property taxpayers contributed AMD 3.324 billion in property taxes in 2024, a significant increase from AMD 1.662 billion in …
Еx-Дeputy PM charged with laundering nearly $12.5 million
PanARMENIAN.Net – Former Armenian Deputy Prime Minister Armen Gevorgyan has been formally charged with money laundering involving approximately 4.92 billion drams (about $12.5 million). The …
EBRD and EU jointly implement capital market support program in Armenia
Preparation and Coordination” was held on Thursday in Yerevan, becoming the first event as part of a program designed to support the capital market in Armenia.
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Conscripts in Armenia to receive two-day leave after oath-taking ceremony
The Armenian government on Thursday approved amendments to the Law on Military Service and the Status of Servicemen, introducing …
State agencies to rent, not own, real estate
PanARMENIAN.Net – On May 29, the Armenian government approved amendments to the Law on State Non-Commercial Organizations and related legislation, establishing that state bodies, non-commercial …