Like in 2015, growth in industry is totally conditioned by growth of mining. Thus, production of mining industry and exploitation of open-cast mines comprised AMD 19.2 billion in January of current year. It exceeds the indicator for 2015 by 75%.
Azerbaijan’s sudden economic collapse affected all sectors of the economy. Among them are the state enterprises such as “Azerenergy”, “Azerigas” and “Azercel”.
Azerbaijan was cut to junk by Fitch Ratings, which followed downgrades by the other two main credit companies, as the former Soviet Union’s third-biggest oil exporter is expected to see its economy shrink for the first time in seven years amid a collapse in crude, “Armenpress” reports, citing Bloomberg.
“Up to day we didn’t have complete applications. There were air companies, which submitted an application, however, they didn’t submit all necessary documentation enshrined by governmental order,” Chobanyan said.
Tigran Sargsyan noted that the accession of Kyrgyzstan to the EAEU helped mitigate the impact of the global economic crisis on the economy of the Republic. “One of the priorities of the Eurasian Economic Commission is improving the living standards of the population of the countries of the Union,” Chairman of the Board of EEC said.
To prevent readers primitive “so what?” question, the Deputy Minister clarifies, “This means, their involvement in the tariff may be divided on several years. In that case noticeable influence on the tariff isn’t observed.” An ordinary reader, surely, might rejoice by likewise fatherly manifestation of caring by our officials, however, figures don’t permit. Per year about 8 billion kWh is produced in Armenia.
“Pursuant legislation of our country, the vehicle should pay AMD 220 for every kilometer of transit, passing through your country, besides, customs fee for every 100km is AMD 10 thousand. There are also entrance and exit fees. In short, amount is rather serious. The most absurd in this is that the vehicle while being transported, […]
At the end of the meeting, President Serzh Sargsyan gave relevant instructions to those present at the consultation and the relevant authorities regarding the discussed issues, problems and programs.
Although the issue of value-added tax (VAT) has been resolved, but automobile importers should be separated from people. We want this request to be reachable for all bodies, up to president, that a new status was given to automobile importers, and the money, which will be reduced from our state budget due to elimination of VAT, maybe we would compensate by working in legal field.
The “Sheep-shearing” festival will take place on June 6 in the village of Halidzor,Syunik, where participants will have the chance to witness the sheep shearing competition. The festival is organized by the IDEA Foundation. It promises to provide not only good mood, but also the opportunity to visit the centuries-old “Tatev” monastery via the world’s longest cable car.
