Armenian State Revenue Committee (SRC) President Davit Ananyan today told reporters that 128 employees were let go at the end of 2018 due to restructuring at the tax and customs authority.
Half of those living below the poverty line in Armenia don’t consider themselves poor, this according to a new study released by the country’s National Statistical Service (NSS).
Services fueled most of the increase, growing 17.5% last month over 2017. Trade was the next largest growth sector at 5.3%.
The DC says that the 2017 poverty rate dropped 3.7%, to 25.7%, in 2017 when compared to 2016.
The eleven parties/political alliances running in the December 9 snap parliamentary elections in Armenia have a variety of opinions regarding income tax policy and mandatory social security contributions, two economic issues that are being widely deb
Yerevan apartment prices rose an average of 9.9% in the third quarter of this year, as compared with the same period last year, with the Kentron (Center) district of the Armenian capital leading the way at 19.4%.
The government of newly elected Armenian Prime Minister Nikol Pashinyan has given the economy top billing in its 29-page policy paper, presented to the parliament for final approval, but those looking for specifics may feel shortchanged.
These findings, recently released by the Ministry of Finance’s budgetary audit inspectorate, reveals that the ministry was woefully lax in monitoring the expenditures, totaling the equivalent of US$1.080 million at today’s exchange rate.
Inspections were carried out by the Inspectorate for Financial and Budgetary Supervision of the Ministry. The Inspectorate checked the accuracy of the expenditure of state budget, special funds and other state sources paid to companies that are more than 50% state-owned and other entities.