The agreement provides the supply of military products, repair, modernization, operation and technical support, organization of production allowed for military products, ensuring control of the military product’s quality and preparation of professionals and technical staff in educational institutions.
Armenia’s Economic Activity Index (EAI) in January 2016 has grown by 5.5% as compared to the same period of previous year. Information is provided by National Statistical Service of the Republic of Armenia published in the report of primary macroeconomic indices. Basically, it’s a good start for the year. For the interested, it’s worth stating, […]
The Islamic Republic of Iran is against the military solutions of conflicts. “Armenpress” reports, citing the Iranian IRNA agency, the President of Iran Hasan Rohani stated during a press conference with the President of Azerbaijan Ilham Aliyev.
Armenia has recorded advance in SME Policy Index according to the report of “SME Policy Index: Eastern Partner Countries 2016”. “Armenpress” reports the improvement is recorded not only against 2012 report, but also compared to the other EaP countries.
South Korean electronics giant Samsung is opening what it describes as a “consumer technology playground” on February 22, the latest big brand to open an interactive flagship store in Manhattan, “Armenpress” reports citing New York Post website.
Telegram, the encrypted messaging app that launched in 2013, now has 100 million monthly active users, “Armenpress” reports. In a blog post announcing the milestone, the company said 350,000 new users are joining the service every day, and that 15 billion messages are sent on the app daily. Telegram founder Pavel Durov revealed the company’s latest figures at a keynote speech at Mobile World Congress on February 23.
Prime Minister Hovik Abrahamyan held a government meeting regarding the new Tax Code draft. As “Armenpress” was informed from the Information and public relations department of the Government of the Republic of Armenia, in particular, different issues applicable to various fields related to taxes were discussed. Attention was paid to the possible effects of changes in the Tax Code.
Armenak Darbinyan said that the CBA’s policy seeks to encourage, support and help the banks to attract more resources from international markets. In addition, the Central Bank’s financial education and consumer advocacy department is trying to assist consumers to better orientate among the different credit products, through the abcfinance.am website. “Information about the credit is provided, format of working with the banks is simplified in order for the clients not only to look at the percentage of the loan, but also to choose between different banks, products, be able to plan their budgets, calculate costs and benefits, to avoid facing problems in the future,” the official added.
Minister of Finance of the Republic of Armenia Gagik Khachatryan and World Bank’s Regional Director for the South Caucasus Mercy Tembon signed a loan agreement on February 23. As “Armenpress” was informed from the press service of the Ministry of Finance, the WB will provide Armenia with 55 million USD loan with 25 years maturity date 14.5 of which is a grace period.
At present, if a part of plant’s property is transferred to Nairit-2 for the debt, and is alienated, Nairit Plant will face serious issues. Currently Plant’s main property is venues and facilities, as sale of worn-out equipment isn’t going to provide sufficient amount.
