Business & Economy

Yesterday the airline company that belongs to Mikhail Baghdasarov, “Armavia”, brought one more aircraft (Airbus A 319, made in 2004). This aircraft was leased on the basis of financial leasing agreement like the other aircrafts of the company, but Mr. Baghdasarov didn’t clarify the terms and conditions of the leasing agreement. This company that has …

Yesterday there was a press publication according to which the fifth bloc of the Hrazdan electric station and the Iran-Armenia pipe line will be given to Russia. The electric station was evaluated 250 million dollars, which Russia will compensate with cheap gas. Yesterday the RA finance minister, Vardan Khachatryan said during his press conference, “The …

This sum will be spent on agricultural system to develop its substructures. 145 million out of this sum will be spent on water supply systems. Besides that new water supply tubes will be constructed. The second part of the program is intended for reconstructing roads with a length of 945 kilometers (and as our Government …

“Anti-corruption activities may meet obstacles, and these obstacles are not the coalition for sure”, says the RA president’s advisor on corruption issues, Bagrat Esayan. But according to one of high ranked officials of the RA taxation body the presence of parliamentarian powers in the parliament is proportional to their part and role in our economy. …

Yesterday evening the World Bank discussed and adopted the program of Armenian energetic system and the financial aid covers 8 million dollars. 5 million out of this money will be provided by the International Development Corporation, and 3 million – by the Global Environmental Protection foundation. The main goal of this program is to recover …

Our dreams at least came true. On March 27 the U.S. government considered the Armenian authorities legal. Even more, they agreed to give money to our authorities. The head of the U.S. “Millennium challenges” corporation in Washington, John Danilovich signed a contract on giving 235 million dollars to Armenia. As for the U.S. secretary of …

This car in the picture is made in Germany and is 7th class BMW. This car is a “first class” model car and its price is over $100k. Though some of you may wonder what that has to do with the article, it will be clear at the end of it. It is not a …

The reader can go further in detail about the topics discussed during the conference in another article of this newspaper. As always, state officials make speeches before starting the actual conference and this conference was no exception. As usual, they assured the people gathered that everything is going great in Armenia. Head of the State …

The gas price has not been increased yet, but the prices for some products have been increased already. The price for sugar has gone up to 300 dram for one kilo from 250 dram. Most of the imported sugar is produced by “Flitfood” Armenian-Indian Company that belongs to MP, businessman Samvel Alexanyan, which used to …

The head of the CB says that the inflation capacity will be formed on the basis of the gas price increase expectations. According to him the CB has made calculations according to which this increase will result in an inflation of 1% on prices of the basket of goods till the end of the year. …