11:40 | July 18, 2017
Tony Zareh Bergaui, Sodiaal’s Sales Director for the Middle East, made the announcement at a meeting today with Armenia’s Minister for Economic Development and Investment Souren Karayan.
11:59 | July 3, 2017
The Asian Development Bank (ADB) has approved an $80 million loan to Electric Networks of Armenia CJSC (ENA) on 27 June 2017 to help improve electricity distribution and increase energy independence and efficiency in Armenia.
17:29 | June 21, 2017
During an Armenian parliamentary debate today on a bill outlining the country’s economic development agenda for 2017-2022, Minister of Territorial Administration and Development Davit Lokyan told MPs that lopsided economic development in Armenia was a major issue to be tackled.
15:08 | May 11, 2017
Vardan Harutyunyan, president of Armenia’s State Revenue Committee, told reporters today in Yerevan that the percentage of large businesses evading paying taxes has decreased from 48.8% at the end of 2016 to 33.2% today.
16:39 | April 10, 2017
Today in Yerevan, the EU Ambassador to Armenia Piotr Świtalski announced € 1.5 million Grant Scheme aiming at reinforcing civil society in Armenia and to provide Civil Society Organisations with alternative sources of financing. At the same time the EU is looking for innovative projects that will make Armenia healthier, safer, cleaner and more sustainable.
12:22 | March 1, 2017
By a vote of 62 to 18, Armenia’s National Assembly today ratified a 44 million Euro loan project with the Asian Development Bank that will improve and rehabilitate the M6 Highway between Vanadzor and Bagratashen.
14:08 | February 28, 2017
Armenia’s First Deputy Minister of Transport, Communications and IT Artur Arakelyan went before the parliament today to get approval for a 44 million Euro loan agreement, signed on November 9, 2016 with the Asian Development Bank, to rehabilitate and upgrade the M6 Vanadzor-Bagratashen highway.
16:50 | February 17, 2017
The numbers above show that more than half of the tax revenue in the budget is still contributed by large businesses. However, the contribution of SMEs is not proportionate to their role in economic activity.
15:48 | February 9, 2017
Armenia is one of the countries where the EBRD's Local Currency and Capital Markets Development (LC2) Initiative has delivered its best and most visible results, setting the stage for further development of local capital markets.
16:17 | February 4, 2017
Meeting today with Armenia’s Minister of Finance Vardan Aramyan, U. S. Ambassador to Armenia Richard Mills said that the embassy valued its longstanding cooperation with the ministry and was willing to assist it in achieving reforms in the finance sector.
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