Economy

Armenia’s Minister Of Environment Says Azerbaijan Caused Serious Damage To Forests Of Tavush & Syunik During War.

Today, Romanos Petrosyan, Armenia’s Minister of Environment wrote on his Facebook page that he had written a letter to the Executive Secretaries of Environmental...

The World Bank Forecasts 3.1 Percent GDP Growth In Armenia In 2021.

The World Bank forecasts a 3.1 percent GDP growth in Armenia in 2021 and expects it to raise to 4.5 percent in 2022, according...

Armenia To Import 2,250 Goods From Iran Instead Of Turkey As Ban On Imports From The Neighboring Country Go Into Effect.

Armenia is willing to import over 2,000 items from Iran after announcing ban on imports from Turkey, according to the Trade Promotion Organization of...

TUMO Box Opens In Tavush’s Berd, Bringing Cutting-Edge Education & Technology To the Children Of Armenia’s Villages.

Only 10 days after the opening of the first TUMO Box in Armenia’s Gavar, today, the second TUMO box opened in the village of...

The Central Bank Of Armenia Raises Refinancing Rates To 5.25% Amidst War, Inflation, & The COVID-19 Pandemic.

Armenia’s central bank raised its key refinancing rate by 100 basis points to 5.25% on Tuesday, marking a shift in monetary policy after a...

President Sarkissian Says Armenia Aims To Increase The Share Of Solar Energy By 15% & Green Energy By 54% By 2030.

Today, President Armen Sarkissian  delivered a video message at the Climate Ambition Summit. As Zartonk Media was informed from press service of the President of...

Armenia’s economy shrank by 9.1% year-on-year in the 3rd Quarter of 2020.

Armenia’s economy shrank 9.1% year-on-year in Q3, after a 13.7% contraction in Q2, preliminary data from the National Statistical Service reports. The backslide comes amid...

Arayik Harutyunyan: All Utilities Will Be Free For 1 Year In Artsakh.

Today, President of Artsakh Arayik Harutyunyan convened a working meeting to discuss the mechanisms of state support to be provided to the local population...

Pashinyan Announces A One-Time Financial Assistance Payment Of 68,000 AMD ($137) To Each Armenian Displaced By The War.

Today, PM Nikol Pashinyan announced that the Government of Armenia will provide one-time financial assistance to the citizens of Artsakh displaced as a result...

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