5 political parties and 4 alliances, taking part in the upcoming parliamentary elections on April 2, have filled in declarations of property and incomes, which are available on the official website of Central Electoral Commission (CEC).
10 days ago National Statistical Service of Armenia issued initial macroeconomic indices for January 2017, pursuant which Armenia’s economic activity growth comprised 6.5% compared with previous January.
Armenia’s macroeconomic indices for 2016 were mainly disappointing. More or less consoling were data for external trade turnover. In 2016 export has grown by 20%, comprising USD 1 billion 782.9 million. From which: export to Eurasian Economic Union (EEU) member countries has considerably grown.
What do you think: if one of the powers participating in the parliamentary elections states, that coming to power the pension will become AMD 500 thousand, salary of teachers—AMD 1 million, prices of consumer goods will half decrease, and public services (gas, electricity, water) will make free of charge, what will happen then?
First data of 2017 are already known: National Statistical Service of Armenia issued initial macroeconomic indices for January 2017.
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.
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.
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.
Decrease in the field of construction has already become usual. The then driving force of economy started to rush down from 2009 and the process continues until now. Upon the data of National Statistical Service of Armenia construction volumes comprise AMD 397.6 billion in 2016, which is less by 10.8% from previous year’s index.
Expenditures in the field of apartment construction and services have decreased the most—18.2%, thus, comprising AMD 16.3 billion. The highest growth—10.7% was recorded in general public services. Expenditures directed to the field of defence have grown by 6.7% in 2016 and comprised AMD 211.8 billion.
