Armenian economy rolled back in 2015
The main obstacle in the way of development of the country is still the clannish-oligarchic model of the economy, which creates favorable conditions for corruption and a high level of the shadow economy
Armenian economy
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World Bank to allocate Armenia $55 million loan to develop tourism
The World Bank Board has approved a $55 million loan for the Local Economy and Infrastructure Development Project (LEIDP) for Armenia. "The funds will be used to to improve infrastructure services and institutional capacity for increased …
Vahagn Khachatryan: "The model of an economy based on monopolies has exhausted itself"
The head of the economic committee of the opposition party Armenian National Congress answered Vestnik Kavkaza's questions
Caucasian Press Review (December 6-13)
Caucasus domestic and foreign political events in the local press
World Bank to allocate $50 million to Armenia
Armenia will receive a third loan from the World Bank amounting to $50 million, the press service of the bank said. It is expected that the money will be spent on supporting a wide range of reforms promoting ...
Is the world to blame for the underdevelopment of Armenia?
Over the past 7-8 years, the government has blamed its failures or passivity on external factors
Armenian press review ( November 4-11)
A report on Nagorno-Karabakh, an accident in the Tula region, external debt and rising prices
Anatoly Yanovsky on cooperation in energy sector between Russia and countries of the South Caucasus
Russian Deputy Energy Minister Anatoly Yanovsky spoke about the course of the development of energy cooperation between Russia and the countries of the South Caucasus. …
Will bread prices rise again in Armenia?
Against the background of an extremely complex social situation, any step in the direction of the next increase in prices may be fraught with the possibility of a social explosion
Armenian state debt’s growth could overtake GDP growth
The Armenian government approved the draft state budget of the Republic of Armenia for 2016, which provides for 2.2% GDP growth. "According to the draft state budget, 95.4% of the revenues are to be collected as taxes and duties ...
Armenian press review (September 18-23)
Celebrating of the Independence day, constitutional reforms, sale of Electric Networks of Armenia
Does Armenian business have secret deals with Russia?
Businessmen working in Armenia prefer to hide some of their exports to Russia, this opinion was expressed today by the economist and member of ‘Prosperous Armenia’, Vardan Bostanjyan, who commented on the decline of …
Former head of Armenian Central Bank expects economic downturn
The former head of the Central Bank of Armenia, Bagrat Asatryan, said that Armenia's economy is threatened by a significant decline, despite some progress. "The Armenian economy is under threat ...
Armenian media review (August 26 - September 2)
Why are Armenian food prices higher than European ones, and the situation on the currency market
Tigran Atanesyan: Armenia's main enemy is inside it
Armenia often attempts to write off all the existing problems in the country on Azerbaijan, taking advantage of the unsettled Nagorno-Karabakh conflict. However, not everyone has this view. In particular, a few days ago constitutional law expert …
Armenia: old reasons for new economic challenges
If the country is doing as well as the government says, why is unemployment rising and people continue to leave Armenia?
Sevak Sarukhanyan: “Armenia cannot be even a medium-sized player on the Iranian market”
An expert on Iran speaks about the influence of the agreement on the Iranian nuclear program on Armenia’s economy
Why does Armenian government choose workarounds to solve economic problems?
The changes in the structure of public debt will open new opportunities for the further accumulation of debts on loans
Armenia on threshold of debt crisis
According to Jubilee Debt Campaign experts, Armenia is on the threshold of the debt crisis. The Jubilee Debt Campaign is a global movement demanding freedom from the slavery of unjust debts. Jubilee’s analysis defines countries as at high risk of
Armenia's economy will only grow insignificantly this year
Economic growth in Armenia according to the results of this year will be insignificant, or may not occur at all. Such a forecast was made by the Director of the International Monetary Fund (IMF) for the Middle East and Central Asia, Masood Ahmed,
