Prime Minister Tigran Sarkisian urged his ministers and other senior government officials on Thursday to actively participate in a Diaspora-backed annual fundraising event organized by a pan-Armenian charity to finance infrastructure projects in Nagorno-Karabakh.
Armenia’s government has scheduled the next national census for October 2011 and hopes that it will be mostly funded by foreign donor organizations, a senior official said over the weekend.
Armenia’s crisis-hit construction firms have received only a fraction of 20 billion drams ($52 million) in loan guarantees promised by the government in April, Prime Minister Tigran Sarkisian said on Thursday.
Representatives of Armenia’s two largest governing parties clashed in the Yerevan municipal assembly on Wednesday in a dispute that could undermine their hitherto close relationship.
Poverty in Armenia has increased this year for the first time in over a decade as a result of the ongoing economic recession, the World Bank said on Tuesday.
Armenia is fully complying with an agreement to import natural gas from neighboring Iran, Energy Minister Armen Movsisian said on Thursday, denying claims to the contrary made by Iranian officials.
Armenia will soon send a small contingent of troops to Afghanistan to help the United States and its NATO allies fight the Taliban insurgency, a senior NATO official said on Friday.
International mediators shuttled between Armenia and Azerbaijan on Friday in an effort to push the Nagorno-Karabakh peace process further forward and, in particular, arrange yet another meeting of the two countries’ presidents.
The International Monetary Fund shares the World Bank’s view that the Armenian economy is dominated by monopolies and other “oligopolistic” structures seriously hampering the country’s development, a senior IMF official said on Wednesday.
The Armenian government’s tax collection agency maintained on Tuesday that its failure to meet its revenue targets for this year is the inevitable result of a sharp drop in the country’s Gross Domestic Product.
Hrant Bagratian, a prominent opposition politician and economist, insisted on Monday that the sharp contraction of the Armenian economy this year is the result of what he called failed government policies, rather than the global economic crisis.
The European Union welcomes the progress made by Armenia and Turkey in their unprecedented rapprochement effort and hopes the fence-mending deal between the two countries will be ratified soon, a senior EU envoy said in an interview with RFE/RL on Thursday.
Armenia’s finance minister on Wednesday confirmed that the government is likely to reconsider again its budgetary expenditures projected for this year in view of a serious shortfall in tax revenues resulting from the ongoing recession.
Armenia marked on Tuesday the tenth anniversary of an armed attack on its parliament that left its prime minister, parliament speaker and six other officials dead and had lasting political repercussions for the country.
Armenia’s government will cut its budgetary expenditures projected for this year by about 15 percent because of a serious shortfall in tax revenues resulting from the ongoing recession, a senior pro-government lawmaker said on Monday.
Prime Minister Tigran Sarkisian publicly berated Armenia’s Ministry of Transport and Communication on Thursday over what he called a misuse of government funds earmarked for the reconstruction of rural roads across the country.
The Armenian Revolutionary Federation (Dashnaktsutyun) strongly condemned on Tuesday the new twist in Armenia’s ongoing dialogue with Turkey, pledging to save no effort to stave off what it called “numerous dangers” emanating from it.
Officials in Armenia and Nagorno-Karabakh have taken in its stride Baku’s new attempt to secure the passage of a United Nations resolution calling for an end to ‘Armenian occupation’ of internationally recognized Azerbaijani territories.
Several companies in Armenia’s troubled mining industry have reportedly resumed exports of their products responding to a more favorable price situation on the international market of non-ferrous metals.
Despite a more optimistic economic outlook that has been presented by Armenian government officials of late, the country’s economy continued to decline in July amid a deepening fallout from the global recession, showing a 18.5 percent Gross Domestic Product contraction in the seven months of 2009.
Բեռնել ավելին
