Acting PM Nikol Pashinyan convened a consultation on October 25 with the representatives of the financial-economic block of the Government, during which the current economic tendencies, economic forecasts and development prospects were discussed.
Gevorg Torosyan, who participated in the recent La Francophonie Economic Forum in Armenia, is going to establish the branch of Canadian ISB engineering company in Armenia by the support of the Enterprise Incubator Foundation (EIF), deputy minister of economic development and investments Mane Adamyan said on Facebook.
Armenia is ranked 70th among 140 countries in the Global Competitiveness Index 2018 ranking which has been released by the World Economic Forum. Compared to the previous year, Armenia improved its positions by 2 points.
The State Revenue Committee has received 26-28 thousand employment records as of late September from various companies, i.e. that many people have been hired for employment in various companies, State Revenue Committee President David Ananyan told reporters after the Cabinet meeting today.
Armenian Prime Minister Nikol Pashinyan is suggesting placing the logic behind the ‘Velvet Revolution” that took place in Armenia at the basis of transforming the country’s economy.
It could take the Eurasian Economic Union (EEU) approximately two years to be granted an observer status at the World Trade Organization (WTO), Chairman of the Board of the Eurasian Economic Commission (EEC), the executive body of the EEU, Tigran Sargsyan said in an interview to TASS.
The existing economic structure doesn’t satisfy the government, Prime Minister Nikol Pashinyan said at today’s Cabinet meeting.
Armenia’s Deputy Prime Minister Mher Grigoryan argues that having alternative and diversified currency calculations in economic unions is effective, but at the same time difficult.
Armenia and Georgia have brilliant relations, Armenian Prime Minister Nikol Pashinyan said at a joint press conference after meeting with Georgian counterpart Mamuka Bakhtadze in Yerevan.
Prime Minister Nikol Pashinyan has presented two options for amendments in the current income taxing system.