ArmInfo.

ArmInfo.

ArmInfo. Armenian Former Minister of Finance Vardan Aramyan calls for a closer look at the current  monetary and fiscal policies, which today are not designed for long-  term economic growth. Vardan Aramyan stated this on October 9 on the  sidelines of the scientific and practical symposium  "What to do-2  Economic Revolution: Perception and Launch".

ArmInfo.Chairman of the Union of Industrialists and Entrepreneurs of Armenia (AEA) Arsen Ghazaryan is convinced that in the next 1-2 Armenia will provide double-digit  economic growth. He stated this on October 9 in an interview with  reporters on the sidelines of the scientific and practical symposium  .

ArmInfo. Today Armenia has created a good atmosphere for carrying out economic activities. A similar opinion was expressed by the Prime Minister of Armenia Nikol  Pashinyan on October 9 at the opening of a scientific and practical  symposium entitled "What to do 2, Economic Revolution: perception and  application".

ArmInfo. The single operator of water supply in Armenia - "Veolia Djur" company applied to the Public Services Regulatory Commission (PSRC) to revise the current  tariff for drinking water from the current 180 drams per 1 cubic  meter up to 181.8 drams (including VAT). As the head of PSRC Garegin  Baghramyan assured an ArmInfo correspondent, despite the availability  of the application, the tariff will remain unchanged both in 2020 and  2021.

ArmInfo. The financial assistance of the United States of America to Armenia will be  increased by $ 3.7 million and will amount to $ 84.4 million. At its  meeting on September 5, the RA government approved the 13th amendment  to the Armenian-American agreement "On more competitive and diverse  assistance to the private sector" for signing.

ArmInfo.The trends in the manufacturing industry of Armenia are encouraging. Armenian Minister of Economy Tigran Khachatryan expressed this opinion on August 29 in  an interview with reporters after a government meeting.

ArmInfo. In July 2019, the growth rate of the Armenian economy was very impressive. The Prime Minister of the Republic of Armenia Nikol Pashinyan wrote about this  on his Facebook page.

ArmInfo. The growth of the Armenian economy in 2019 will be quite substantial. On June 9, Deputy Prime Minister Tigran Avinyan stated this in a conversation with  reporters, commenting on the statement made by the Prime Minister of  Armenia in Stepanakert on ensuring YOY GDP growth of 9.5% up to 2050.

ArmInfo.Expansion of export volumes is one of the  drivers of economic growth in Armenia, said analyst at the Industry  research division of the Eurasian Development Bank (EDB) Konstantin  Fedorov. At the same time, the expert notes in the monthly EDB  Monitor, the contribution of domestic demand to overall economic  growth in May 2019 decreased compared to the first months of 2019.  

ArmInfo.The State Commission for the Protection of Economic Competition (SCPEC) of Armenia should do a large amount of work to increase public confidence. This was  announced by SCPEC Chairman Gegham Gevorgyan yesterday at the meeting  with the delegation of the United States Agency for International  Development (USAID), led by USAID senior economist, economic growth,  education and environment specialist Paul Oliver.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.The revenue part of the state budget of Armenia in 2019 will additionally supplement with at least 62 billion drams. This was announced on May 22 at a meeting  with Prime Minister Nikol Pashinyan with the participation of heads  of government bodies.

ArmInfo. "Today we can already fix that the first, most active stage of the economic revolution in Armenia has achieved success," said Prime Minister Nikol Pashinyan on  May 7 during a live broadcast on Public Radio.

ArmInfo. The restrictions imposed in 2018 related to the legislative regulation of the ratio of public debt to GDP were not an end in themselves and the revision of these parameters is fraught with consequences. Former Minister of Finance of Armenia Vardan Aramyan expressed this opinion in an exclusive interview with ArmInfo.

ArmInfo. The Central Bank of Armenia predicts unemployment rate at 15.9% for 2019 (according to the old methodology). In the medium term, the Central Bank expects an  annual decline in unemployment by 0.1-0.2 percentage points to 15.6%.

ArmInfo. The poorest group of the population of Armenia in terms of their poverty level, calculated on the basis of purchasing power parity (PPP) at a cost of $ 1.9 per  day, in 2019 will decrease to 1.0% of the population, against 1.3% in  2018. According to the forecast, in 2020, such people in the country  will be only 0.8% of the total population.