Armenian Deputy Prime Minister Mher Grigoryan again ruled out the possibility of Armenia opening an extraterritorial land corridor for Azerbaijan. Speaking to reporters on Wednesday, he emphasized …
Armenia recovers 5 billion AMD of illegally acquired property
Illegally acquired property worth 5 billion drams has been returned to Armenia in a short period of time, said Srbuhi Galyan, Minister of Justice of the country.
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Electricity prices for consumers in Armenia to remain unchanged in 2025
Electricity prices for consumers in Armenia will remain unchanged in 2025, according to a decision made on Monday by the Public Services Regulatory Commission (PSRC).
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Armenian government amends loan agreement with EDB on allocation of $200 million from ESDF for construction of Kajaran tunnel
On Friday, the Armenian government approved the proposal to sign an additional agreement No. 1 to the agreement between the Republic of Armenia and the Eurasian Development Bank (EDB) on the provision …
Armenia and Japan sign convention on avoidance of double taxation
Armenian Finance Minister Vahe Hovhannisyan and the Ambassador Extraordinary and Plenipotentiary of Japan to Armenia, Aoki Yutaka, signed the Convention on the Avoidance of Double Taxation of Income …
Yerevan Mulls Financial Support For Troubled Mining Project
Six years after helping to disrupt a large-scale gold mining project in Armenia, Prime Minister Nikol Pashinian’s government is considering giving a Canadian-based company loan guarantees to revive it …
Western Firm Set To Revive Key Mining Project In Armenia
A senior executive of a Canadian-based company said on Friday that it is close to securing $150 million in additional funding needed for starting much-delayed mining operations at Armenia’s massive …
Finance minister: Armenia’s public debt expected to reach 50% of GDP in 2024
Armenia’s public debt is expected to amount to approximately 50% of GDP by the end of 2024, with an economic growth rate of 5.5%. Speaking at a press conference on Wednesday, Finance Minister Vahe …
Finance minister: Armenia’s public debt expected to reach 50% of GDP in 2024
Armenia’s public debt is expected to amount to approximately 50% of GDP by the end of 2024, with an economic growth rate of 5.5%. Speaking at a press conference on Wednesday, Finance Minister Vahe …
Armenian Government Details Shortfall In 2024 Tax Revenue
The Armenian government’s tax revenue continued to fall well short of its target in the second half of this year amid a slowdown of economic growth in the country.