Category:

Economy

Azerbaijan Opens Fire On Armenia’s Vardenis, Drone Strikes Civilian Bus.

The Azerbaijani Armed Forces opened fire on the Vardenis military unit of the RA Armed Forces, as well as used air power...

BREAKING NEWS: 26 Armenian Soldiers Were Killed During Battles Against Azerbaijan On September 28, Totaling 84.

Today, on September 28, Twenty-six Armenian servicemen were killed during the battles against Azerbaijan, totaling 84, per the Artsakh Ministry of Defense.

Artsakh Forces Shoot Down An Azeri Air Force Plane In Martuni.

Armenian forces shot down an Azerbaijani military plane in the Martuni region of Artsakh. The spokesman of the President of the Artsakh...

Armenia: 71,000 Jobs Were Cut In April, 50,000 Were Restored In May.

Prime Minister Nikol Pashinyan has said that more than 71,000 jobs were cut in April due to the coronavirus outbreak in the...

World Bank: Armenia To Record 2.8% GDP Decline In 2020, 4.9% Rise In 2021.

According to the predictions of the World Bank, the GDP of Armenia in 2020 will decline by 2.8% and will rise by...

Number of New High-Tech Companies In Armenia Increased By 25% In 2019.

The number of new high-tech companies registered in Armenia in 2019 increased by 25% and reached 1,250, high-tech industry minister Hakob Arshakyan...

Armenian MP: One-Week Lockdown Costs 1.3-1.5% Of GDP For Country Like Armenia.

The Prime Minister said various scenarios are being considered, and you know that the think tank is under the government. This is...

Armenia Receives $315 Million Loan From IMF For Budget Expenditures.

Armenia will receive $315 million in loans from the International Monetary Fund (IMF), which will be used to finance budget programs.

Armenia’s Economic Activity Shrank By 17.2% In April Year-On-Year.

Economic activity in Armenia shrank by 17.2% in April year-on-year, data from the National Statistical Service reveals. - Economic activity in the country has contracted as...

50% Of Armenian IT Companies ‘Submerged In Crisis,’ Specialist Warns.

After the launch of educational engineering labs in three regions of Armenia, the project was later to expand across the republic to cover the entire school...

EBRD: Armenia’s GDP To Shrink By 3.5% In 2020, With Rebound Of 5.5% In 2021.

The European Bank for Reconstruction and Development (EBRD) has predicted a 3.5% decline in Armenia's economy in 2020, inspiring positive hopes of a 5.5%...

Armenia To Spend 200 Million AMD ($419,000) On Tree Planting Program to Create Temporary Jobs.

The Armenian government, at its cabinet session today, approved another program to mitigate the economic impact of the coronavirus crisis. - The program aims to create...

Azerbaijan Opens Fire On Armenia’s Vardenis, Drone Strikes Civilian Bus.

The Azerbaijani Armed Forces opened fire on the Vardenis military unit of the RA Armed Forces, as well as used air power...

BREAKING NEWS: 26 Armenian Soldiers Were Killed During Battles Against Azerbaijan On September 28, Totaling 84.

Today, on September 28, Twenty-six Armenian servicemen were killed during the battles against Azerbaijan, totaling 84, per the Artsakh Ministry of Defense.

Artsakh Forces Shoot Down An Azeri Air Force Plane In Martuni.

Armenian forces shot down an Azerbaijani military plane in the Martuni region of Artsakh. The spokesman of the President of the Artsakh...

BREAKING NEWS: Artsakh Forces Block New Azeri Attack In Arax Valley, Killing 370 Azeri Soldiers, Destroying 22 Tanks.

Firefight in Mataghis-Talish direction results in 370 Azeris Killed in Action. The enemy has launched a new large-scale offensive...

In Ninotsminda, Javakhk Armenians Are Signing Up To Go To Artsakh.

Today, on September 28, at around 12:00, the registration of volunteers to take part in the war effort to defend Artsakh have...