Business & Economy

No one can deny that by the order of the Prime Minister Tigran Sargsyan in the governmental elite the interest to the Armenian language has slightly increased. When following the statements of Sargsyan one momentarily remembers Dostayevsky (as Geghamyan would say), where the heroes are speaking with abstruse phases and sound gracious. Even if they …

During the recent period a process has started in Armenia, which seems to have happened in November 1993 as well, when the Armenian dram was adopted as the national currency. During that time and now the prices of all products and services are growing rapidly (certainly, in 1993 the prices were growing faster because the …

ArmRusGazard company is going to buy the four blocs of the Hrazdan HES back. Armenpress has been informed by the spokeswoman of the ARG company Sushan Sardaryan that these four blocs will be united with the fifth bloc to be built in the future to create a joint production complex, which will become a strong …

Let me try to briefly describe the state of the animal medication market of Armenia, which we must confess creates many issues. Agriculture as well as cattle breeding is considered a strategic direction for any country, which provides the food safety of the population. That is the reason why in all countries the state subsidizes …

“God help us, if we have a slight failing, omission or shortcoming in this sphere,” the Armenian premier said as he introduced a newly appointed deputy head of the STS to top tax officials. “Given the great expectations [from the government,] that could lead to the failure of the entire government program,” yesterday said RA …

Yesterday the State Tax Service (STS) released the list of the 300 greatest tax payers of the first quarter of 2008. Karabakh Telecom occupies the first place with its 6.8 billion AMD paid taxes, which during the same period of 2007 occupied only the 4th place. Last year the first place was occupied by the …

RA President Serzh Sargsyan held a working meting with the top officials of the RA Taxation Service yesterday. The President said that the activities of taxation and customs bodies and the accomplishment of tasks set to them will remain in the center of his attention. Sargsyan said he does not want the working meeting, which …

The RA National Statistical Service (NSS) publicized the economic index for the period of January-March 2008. This report is important because it is the first one since Tigran Sargsyan submitted his post as a Prime Minister. It is noteworthy to say that this time there has been no dual-digit economic growth. Compared to January-March of …

The recent processes can be considered another attempt by the Central Bank to “occupy” the government. The first attack, which has been forgotten by many people, happened ten years ago. One of the young leaders of the Central Bank, Armen Darbinyan was appointed prime minister in 1998. His government of pretender “professionals” stayed in the …

The newly appointed Prime Minister of Armenia Tigran Sargsyan started his activity with a statement on the increase of natural gas price. Although it was quite expectable as the deadline of subsidization of gas by the government was over at the beginning of this year there was still hope that the gas price wouldn’t be …