The Grant Scheme will help building capacity in project management and funds management and directly support the development of the Shirak region. It will contribute to raising the economic competitiveness, creating jobs and reducing tendencies of outward migration.
During the government’s last session on December 29, 2016 PM Karen Karapetyan, applying to Artur Javadyan, Chairman of the Central Bank of Armenia (CBA), asked whether CBA will constantly reduce refinancing rate.
American Heritage Foundation published 2017 Index of Economic Freedom where Armenia ranks the 33rd among 180 countries. Armenia’s economic freedom score is 70.3, making its economy the 33rd freest in the 2017 Index.
The Government of Armenia is willing to finance top three start-up projects of YSU students, which will be determined as result of an upcoming competition, Prime Minister Karen Karapetyan told the students during a meeting in the Yerevan State University.
What effect do elections have on economy? Generally, it’s accepted to consider—not a positive one. To some extent elections mean uncertainty. And uncertainty generates expectant moods.
“2016 was quite a busy year in terms of bilateral relations, as well as economic and other sectors development. A number of meetings were held. We achieved progress from economic perspective. An agreement was signed with the company on ensuring water supply through Armenia’s entire territory.”
Upon Numbeo’s freshest data level of crime in Armenia is assessed 27.08 points, i.e. it’s even lower than the lowest dimension. Among observed 125 countries Armenia is ranked the 19th as a safe country.
McDonald’s has no plans on opening a chain of restaurants in Armenia yet. Anna Ohanyan, spokesperson of the minister of economic development and investments informed the trade department of the ministry had sent an official inquiry to McDonald’s, which responded that they have no intentions on opening its network in Armenia any time soon.
I can guarantee the following. First, let’s be more pragmatic, the man, who doesn’t do anything, isn’t mistaken, i.e. if you do work, there is possibility of making a mistake. It’s another thing, if you work properly and planned, you minimalize the probability of being mistaken.
Pleased with the steps taken by the Government in the fight against corruption, the U.S. Ambassador welcomed the Prime Minister’s public statements and actions in this regard. Noting that there is still much to be done in this field, Richard Mills said his country’s authorities ready to support the Government’s anticorruption effort through their own resources.
