The World Bank announced on Wednesday the release of an $18 million loan to Armenia that will finance a further rehabilitation of rundown irrigation networks planned by the Armenian government.
The opposition Armenian National Congress (HAK) demanded on Friday the immediate release of another HAK activist arrested after clashing with police officers in Yerevan.
Armenia’s economy will greatly benefit from a free trade zone established by Russia and seven other former Soviet republics this week, Prime Minister Tigran Sarkisian insisted on Thursday.
Fair competition would not only translate into more tax revenues but also speed up economic growth in Armenia, Prime Minister Tigran Sarkisian said on Thursday, making yet another pledge to improve the country’s investment climate.
The Armenian police insisted on Thursday that they have not severely restricted transportation links between Yerevan and the rest of the country in order to keep more people from joining the ongoing anti-government protests in the capital.
The Armenian police insisted on Wednesday that they have busted a gang responsible for a series of daring robberies of homes belonging to wealthy government-linked individuals.
The Armenian government “will do everything” to address U.S. concerns over governance in Armenia in order to receive more economic assistance under Washington’s Millennium Challenge Account (MCA) program, Prime Minister Tigran Sarkisian said on Tuesday.
Armenia’s political leadership indicated late on Monday that it is undaunted by round-the-clock rallies staged by the Armenian National Congress (HAK) and will not even negotiate with the opposition alliance until they are over.
Retirement pensions and social benefits paid to poor families and needy elderly people in Armenia are expected to be slightly raised next year, it emerged after a government meeting on Thursday.
Chief of Armenia’s Police Alik Sargsian has confirmed the full exposure and arrest of a gang suspected of committing daring robberies against a number of wealthy government-linked individuals recently.
Armenia’s struggling chemical giant is selling off ‘unnecessary’ metal and other items apparently in a bid to cover some of the costs of its forced downtime, including the elimination of back wages.
Economic growth in Armenia has accelerated in recent months and is now on track to reach a target rate of 4.6 percent projected by the authorities in Yerevan, Prime Minister Tigran Sarkisian said on Thursday.
Defense Minister Seyran Ohanian insisted on Thursday that the number of serious crimes committed in Armenia’s armed forces has been steadily declining as he was confronted by angry parents of dead soldiers demonstrating in Yerevan.
Armenia’s economy has become more competitive in the past year thanks to more transparent government policies and other improvements, concluded an annual global survey released on Thursday.
The chief of Armenia’s national police service, Lieutenant-General Alik Sargsian, on Thursday pledged to revamp its road policing division following the arrest and prosecution of its commander on corruption charges.
The Armenian police pledged on Thursday to spare no effort to identify and prosecute those responsible for a series of high-profile robberies in Yerevan.
Armenia won the 2011 World Chess Team Championship in China on Tuesday, solidifying its internationally recognized status as a powerhouse of the ancient game.
The Armenian government has saved about 7 billion drams ($19 million) in public funds in an ongoing revision of the lists of individuals receiving pensions and other social benefits, Labor and Social Affairs Minister Artur Grigorian said on Monday.
Armenian law-enforcement authorities have launched criminal proceedings against a former regional governor which could land him in prison for up to four years.
The recent early release of hundreds of people serving prison sentences has had little impact on the number of crimes committed in Armenia, a senior police official said on Tuesday.
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