Total number of employees in state system will be reduced by 3000 in 2017. Armenian PM Karen Karapetyan stated about this at the press conference launched on Friday. In which fields will main reductions be recorded in the state system and how much will be economized as a result of optimization?
Judging from GDP indices for the first quarter 2016 and Economic Activity Index (EAI) for January-November 2016 (0.6%) it isn’t difficult to suppose that GDP will be less than 1% for the year—much lower, than anticipated.
Thus, state debt compared with the beginning of the year has grown by AMD 415.8 billion or USD 828.7 million. It’s noteworthy that only in December state debt has grown by AMD 185.3 billion or USD 342.5 million.
Pursuant data issued by the National Statistical Service foreign investments in real sector of Armenia’s economy have reduced by 72% throughout January-September 2016 (by AMD 69.6 billion) and comprised about AMD 30 billion.
“The growth rates in terms of export, that were registered in 2016, will be at least maintained, and we will further exceed those rates. In terms of investments we will also have growth rates.”
“I think the last proposal is interesting. We will discuss it in the Government and will make a respective decision”, he said. The contract term between “Gazprom Export” and Georgia, that relates to the transit of the natural gas to Armenia, expired on January 1.
“A normal process is ongoing—the sides seek and attempt to find the most favorable solutions. The debate is the following: whether to take money for the transit or certain interest from the transit gas.”
The most expensive are apartments in Kentron administrative district, where average price per 1m2 comprises AMD 428250. Arabkir (AMD 357350), Kanaker-Zeytun (AMD 283350) and Davitashen (AMD 277000) come after it.
The process applies until 90 days from the day of purchase. Tax Free doesn’t include food, tobacco, medication, cultural values, transportation devices or sparing parts.
Inflow of transfers has reduced by USD 138.4 or 10.4% compared with January-October of the previous year. If the decline temp was maintained in November-December, as of data for 2016, transfer inflow will comprise USD 1 billion 460 million.
