Business & Economy

Armenian economy has been growing for the past three days. It had been stagnating the previous two days. The AMD exchange rate changes cannot be explained in another way because the CB head says that the reason is the economical growth of Armenia. It turns out that Armenian economy grows a couple of days rapidly, …

In the summer, time goes slowly in the city. In fact, it goes slower than jazz. This is not the case in villages because villagers can spend their time in their gardens. On the contrary, there isn’t much to do in the city. Furthermore, there aren’t any good places to go sightseeing; the newly built …

According to the “Arminfo” news agency, the RA national statistics service has registered a 10,5% growth mark in the period of January-May compared to the same period of the previous year. We’d like to inform those readers that don’t like numbers that we will write about this breifly, after which we will write about another …

“Only transitional countries can have 14% economic growth. But in the future, you will have to go along with lower growth marks even if you have the potential to grow economically”, said minister of finances of Holland, Garet Zalm during a press-conference after the IMF meeting on Sunday. This is not his first visit to …

According to the minister of finances of Holland, Garet Zalm, they discussed issues concerning the IMF strategy, budget and taxation policies, problems concerning transitional countries, increasing production and employment rates. The Holland group consists of 12 countries: Armenia, Holland, Bosnia and Herzegovina, Bulgaria, Israel, Khorvatia, Cyprus, Macedony, Moldova, Georgia, Romania and Ukraine. The population of …

During the National Assembly hearings organized by the International Monetary Fund, Tigran Torosyan said that there were rumors claiming that international organizations are pressuring transitional countries and one of them is Armenia. “They don’t pressure, they only recommend, and in some cases politicians throw the blame on international organizations”, said Tigran Torosyan. Concerning this, Vahram …

These days it seems as though the International Monetary Fund representatives are worrying about their reputation and PR and have started actively campaigning with the purpose of not having their reputation go down just because of the USD exchange rate changes. The first thing they did was organize a seminar in the CB building dedicated …

In light of the events dedicated to the 15th anniversary of Armenia’s independence, the government has decided to provide 230,965,000 AMD from the depositary fund during the government session held on June 16. The government has assigned the Minister of Energy to unite “HayEnergo”, “Hrazdan Water/Energy Station” and “Sevan-Hrazdan Cascade” joint-stock companies with the “HayGazard” …

During a seminar held at the Central Bank on June 14, representative of the Armenian branch of the International Currency Fund (IMF), James Macque, tried to explain that the market was the reason for the devaluation of the dollar and added that it’s not as bad as people say it is. In response to one …

Several days ago, one of my female colleagues said, “Women’s month has started; we won’t have to worry about our daily problems and we will be the only ones roaming the city.” She was glad that the world soccer championship had begun. Women won’t have any problems with their husbands for the next month. They …