Business & Economy

Doctor of Economics, professor, National Assembly MP Tatul Manaseryan: “We can’t even call this year’s economic rise as a rehabilitative rise. We can talk about economic achievements only when we have transparent and based economic and privatized transactions and not transactions that are done rapidly with the help of bribes. I don’t see economic achievements …

According to Soviet scientists, 80 percent of the gold reserves in the Caucasus were located in Armenia, the equivalent of several hundred tons of pure gold. The Sotk mine is one of the largest underground mining deposits in the world. The huge Ararat gold processing plant was built in 1976, in consideration of reserves throughout …

Yesterday NA members Khachatour Sukiasyan and Gagik Minasyan met in the “Mirror” club, where they first discussed economical issues and then turned to political discussions. They also answered to some questions regarding their approach to the fact that some businessmen were going to found new political parties. Mr. Sukiasyan said that he thought it was …

Though the new “Law on currency regulation and control” is applied since June 28 (according to which foreign currency circuit in the country is limited), US dollars is still the main mean of currency to pay for products. Of course in this case the CB is faced with a problem when carrying out its monetary …

The communists’ party of the Soviet Union was always trying to make people believe that life in the Soviet Union was a festival. There were a lot of holidays in the Soviet calendar. There were festivals for all professions. And we still keep this calendar in our houses, but we don’t know whether it is …

They discussed issues concerning the economical situation in our country and the expectations in next year. They said that at this point in time this year was OK.  They both think that in this past year we had stable economical growth and it will continue next year. Anyway, Mr. Sukiasyan spoke about an obstacle for …

It cannot be denied any more. We were just missing the real price and now we concretized that as well. In particular, the president of the board of directors of “Gazprom” D. Medvedev has concretized the expected price during the “Vesti Nedeli” program. The graphic showed by the Russian TV channel looked the following way: …

“168-Zham” has asked the director of the “Armenian Railway” CJSC Ararat Khrimyan to clarify certain issues. In particular, the question was on the basis of what principles the “Armenian Railway” operates in different countries, e.g. Ukraine; and whether the money is paid after the transfer is done. “How do the transfer delays affect the expenditures …

According to Central Bank president Tigran Sargsyan the “dollarization” process that is going on is not good for the economy development. According to Tigran Sargsyan about 90 % of dollars in our economy is “under shadow”. “Upon our analysis we concluded that dram is mostly used by lower and middle levels of people”, says Tigran …

According to the ”Law on Central Bank” the main goal of the RA CB activities is to provide price stability in Armenia. Reached goals justify the means used for reaching the goal. So what kinds of means have been used till now which are not justified and which the CB wants to revise? Since 1994 …