Business & Economy

Another monopoly

15.06.2010

The government has submitted a bill to the parliament, which indirectly proposes to limit, or in case if it is possible, stop the activities of pawnshops and currency exchange points. Accordingly, the bill suggests to multiply the annual duty to be paid by currency exchange offices by 20 times up to 1 million dram. The …

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We will confront difficulties in the near future

10.06.2010

According to the former President of the Central Bank (CB) of Armenia Bagrat Asatryan the directions of the economic policy of the RA government and the directions of the economic policy conducted by the Central Bank are irreconcilable. According to him the government says that it aims to activate the economic growth, the CB keeps …

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The government about itself

10.06.2010

Since the appointment of Tigran Sargsyan in the prime-minister’s position the media coverage about the government has become very interesting. Even more, the government started to pay more attention to the media coverage about itself. The media coverage about the government even became more because in the official press-releases about the government sessions a new …

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How to “diversify” the economy?

10.06.2010

After the end of the economic crisis the authorities of our countries entered a period, which may be called state fortunetelling. Everybody suddenly realized that the dual-digit numbers that have been imposed for years were just a balloon and is vulnerable because it is not built on industrial and exportable branch and is built on …

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Good beginning is half of the headache

31.05.2010

The RA government has recently done a small but a positive step to relieve the state bureaucracy. It has by one step reduced the “long” way that the businessman should go through for registering his business. Any legal or physical entity before starting a business was supposed to go to a state register; get registered, …

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Repeating is good for science, and not only

31.05.2010

Prime minister Tigran sargsyan totally believes in people’s saying that repeating is good for science. Based on the content and geography of his announcements it is evident the ones that need repetition and knowledge are the MPs of the National Assembly. On Saturday Tigran Sargsyan made a presentation on the implementation of the budget 2009 …

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What’s behind the 7.2% growth?

26.05.2010

Recently in Armenia it turned out that the MPs, journalists, experts and simply people interested in the economy of the country wait for the 20th of each month with impatience. On that day the National Statistics Service (NSS) releases the preliminary macroeconomic indexes of the previous month for the same period. The next index of …

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The 500-AMD way of benevolent competition

26.05.2010

Yesterday there was no space in the session hall of the state commission of state competition. There was a huge number of journalists, commission members, experts, lawyers, representatives of companies, who had gathered in the hall. Everybody was trying have serious faces but some of them couldn’t do that and couldn’t hide their smiles. They …

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Economic component of controversy

18.05.2010

It is no secret that the readers become quite attracted by the articles, which start like this, “As our sources from the X body inform…” And then they start to provide details on an extremely confidential conversation. But many of the readers do not give much importance to this. But the “residue” remains. The reader …

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“Consequences” of the dual-digit growth

16.05.2010

Everybody knows that in Armenia the saying economic growth is a formal index. It means that the numbers are growing but due to the extreme polarization of revenues the most influential stratum feels the favorable impact of that. Nevertheless, when the economic indices of the first months of the current year have started to improve, …

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