Thanos Arvanitis: The time has come for Armenia to accelerate reforms

 Monday, May 13 2024 20:18:00
Thanos Arvanitis: The time has come for Armenia to accelerate reforms

ArmInfo.Recently, an International Monetary Fund delegation led by IMF Deputy Director for the Middle East  and Central Asia Department Mr. Thanos Arvanitis visited Armenia and held a number of important meetings with government officials. In addition, a special event was organized in Yerevan, during which the IMF presented the "Regional Economic Development Prospects" report. On the sidelines of this meeting, an ArmInfo correspondent spoke with Mr. Arvanitis about the priorities and possible risks of the Armenian economy.

Vahan Kerobyan: Negotiations on copper smelting cluster are proceeding in several directions
 Thursday, June 29 2023 13:38

ArmInfo. Negotiations on the  construction of a copper-smelting cluster in Armenia are going in  several directions. Minister of Economy Vahan Kerobyan stated in an  interview with the Public Television of Armenia.

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Armenia continues recording high economic growth - premier
 Thursday, June 29 2023 12:10

ArmInfo. Armenia continues recording high economic growth, Armenia's Premier Nikol Pashinyan stated at a Cabinet meeting on June 29.

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Yerevan-Gyumri-Georgian border road under repair
 Thursday, June 29 2023 10:38

ArmInfo. Heavy repair of the road running to the Armenian- Georgian border has got under way in Armenia, the Road Department Fund reports.

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FLYONE ARMENIA starts flights on Yerevan-Tivat-Yerevan route
 Wednesday, June 28 2023 19:16

ArmInfo. The first national airline of Armenia, FLYONE ARMENIA, has started operating flights on the Yerevan-Tivat-Yerevan route since June 27. This is stated in the message of the air carrier.

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SCR launches electronic ticketing system for domestic destinations
 Wednesday, June 28 2023 17:31

ArmInfo. On June 30, "South Caucasus Railway" CJSC launches an electronic ticket sales system for domestic destinations. This initiative was announced at a press conference on June 28 by Alexei Melnikov, the Director General of the South Caucasus Railway  CJSC.

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Alexey Melnikov: By the end of 2023, volume of cargo transportation to decrease
 Wednesday, June 28 2023 16:12

ArmInfo. Due to the suspension of the Sotk mine, the volume of cargo transportation by the South Caucasus Railway will decrease to 3 million tons by the end of the current year, against 3.5 million tons in 2022. Director General of the South Caucasus Railway (SCR) CJSC Alexei Melnikov said during a press conference on June 28.  He noted that this is a very painful issue for SCR, since the share of Sotk mine cargo accounted for 48% of the total volume of transported cargo.

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South Caucasus Railway Head about new initiatives for summer season
 Wednesday, June 28 2023 14:36

ArmInfo. Last year, the South Caucasian Railway transported half a million passengers, of which 58,000 were in international traffic and 450,000 - within Armenia.  Director General of the South Caucasus Railway (SCR) CJSC Alexei Melnikov announced during a press conference on June 28.

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Amulsar mine example of application of international standards in mine development - Armen Stepanyan
 Wednesday, June 28 2023 11:43

ArmInfo. International Finance  Corporation standards need to be widely applied in the operation of  mining companies, Armen Stepanyan, Director of Sustainability,  Zangezur Copper Molybdenum Combine, said in an interview with  ArmInfo. 

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Armenian enterprises to participate in INNOPROM 2023 exhibition in Yekaterinburg
 Wednesday, June 28 2023 11:11

ArmInfo. A delegation of  Armenia's Ministry of Economy led by Minister Vahan Kerobyan will  participate in INNOPROM 2023 industrial exhibition in Yekaterinburg,  Russia, July 10 to 13. 

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Armenia`s mining industry to strive for best int`l standards and approaches
 Tuesday, June 27 2023 14:14

ArmInfo. The adoption of the  Strategy for the Development of the Mining Industry of Armenia is an  important step in the development of the mining industry, as it will  make it possible the industry to meet international standards.  Hovhannes Harutyunyan, Deputy Minister of Territorial Administration  and Infrastructures of the Republic of Armenia, stated  on June 27  during discussions organized by the Economic Journalists Club.

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Amulsar`s first mine to be mined at the end of 2024, Lydian Armenia
 Tuesday, June 27 2023 13:39

ArmInfo. The first ore from the  Amulsar gold mine will be mined at the end of 2024. Hayk Aloyan, the  Executive Director of the Lydian Armenia company that developes the  mine, said in a conversation with the ArmInfo correspondent.

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Armenia`s minister welcomes Chinese companies more active involvement in Armenia`s economy
 Tuesday, June 27 2023 12:53

ArmInfo. Armenia's Minister of  Territorial Administration and Infrastructure Gnel Sanosyan hosted a  delegation led by Chinese Ambassador to Armenia Fan Yong. 

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Wizz Air starts operating Prague-Yerevan-Prague flights
 Tuesday, June 27 2023 11:11

ArmInfo. From June 26, 2023, Wizz Air airline started operating flights Prague-Yerevan-Prague.  Flights will be operated twice a week: every Monday and Friday.

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RA Deputy Premier receives representatives of "Ampega Asset Management", "Talanx Group", "C-Q Investment Group" and " C-Quadrat Ampega Asset Management Armenia  " companies
 Monday, June 26 2023 20:21

ArmInfo. RA Deputy Prime Minister Mher Grigoryan received representatives of  "Ampega Asset Management", "Talanx Group", "C-Q Investment Group" and "C- Quadrat Ampega Asset Management Armenia"  companies.

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Deputy Economy Minister receives Korea Development Institute delegation
 Monday, June 26 2023 17:10

ArmInfo. Deputy Minister of Economy of Armenia Rafael Gevorgyan received a delegation from the Korea Development Institute (KDI), with which the Ministry has been implementing the Knowledge Sharing Program (KSP) since 2004.

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Iya Malkina: economies of EAEU countries maintain positive trends
 Monday, June 26 2023 16:09

ArmInfo. The economies of the countries of the Eurasian Economic Union (EAEU) maintain positive trends. Iya Malkina, assistant to the chairman of the Eurasian Economic Commission (EEC), stated during a briefing on June 26.

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Excise tax rates for several goods to increase in Armenia
 Monday, June 26 2023 14:13

ArmInfo. At June 26 extraordinary sitting of the NA Standing Committee on Economic Affairs, the package of draft laws on Making Amendments and Addenda to the law on Narcotic Drugs and Psychotropic Substances and on Amending the RA Code on Administrative Offences was debated in the second reading.

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Luys Foundation economic experts corrected Prime Minister on real  value of salary increase in Armenia
 Friday, June 23 2023 20:26

ArmInfo. Economic experts of the Luys Foundation expressed disagreement with the data of Armenian Prime Minister Nikol Pashinyan, who at yesterday's government meeting noted that real  wages in the country increased by 6.3% in 2022.

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Gevorg Poghosyan: Positive attitude towards Eurasian integration is  gradually decreasing
 Friday, June 23 2023 20:26

ArmInfo. The positive attitude towards Eurasian integration is gradually decreasing. A similar  opinion was expressed by Academician of the National Academy of Sciences, Doctor of Social Sciences, Professor Gevorg Poghosyan during a press conference on June 23.

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Moody`s confirmed Armenia`s sovereign rating 
 Friday, June 23 2023 13:04

ArmInfo.International rating agency Moody's has confirmed Armenia's rating Ba3, with the outlook  changed from "negative" to "stable," Armenia's Ministry of Finance reports. 

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