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Economy

Dollar decreases, euro increases in Armenia

The American dollar’s (USD) exchange rate against the Armenian dram (AMD) comprised AMD 395.65/$1 in Armenia on Thursday; this is down by AMD 0.37 from Wednesday in the country, according to the official website of the Central Bank of Armenia, news.am informs.

World oil prices fluctuate

World oil prices are fluctuating Thursday morning, and trading data attest to this.

Over 1000 cut jobs, closed businesses in blockaded Artsakh

Due to Azerbaijan blocking the Lachin Corridor, the only road connecting Artsakh to Armenia and the outer world, more than 1000 jobs have been cut in Artsakh; businesses have been temporarily closed.

President Harutyunyan signs law on Artsakh State Budget for 2023

Artsakh President Arayik Harutyunyan on Friday signed the Law on the State Budget of the Artsakh Republic for 2023.

Armenia to provide 4-billion-dram additional assistance to Artsakh

The Government of Armenia will provide an additional 4 billion drams in assistance to Artsakh, Prime Minister Nikol Pashinyan announced during the Cabinet meeting.

Artsakh's government applies for an international ecological examination of "Base Metal" mine

The Government of the Republic of Artsakh, once again re-confirms that mining industry in Artsakh operates in line with the highest international standards, to which conform also the regulations prescribed by the relevant legislation, the Government of Artsakh said in a statement.

The main problem is related to diesel fuel, but these days the autumn sowing continued. Deputy Minister

Despite the created situation, autumn sowing works continue in the regions of Martuni, Martakert and Askeran of the Republic of Artsakh. Deputy Minister of Agriculture Vilen Avetisyan told "Artsakhpress".

Fuel and food reserves are sufficient in the Artsakh Republic

Fuel and food reserves are sufficient in the Republic of Artsakh, the Artsakh Information Center reports.

“Artsakh Republic State Budget 2023” Draft Discussed at the Close Joint Sitting of the Standing Committees on Defense, Security and Law Enforcement and Budget, Financial and Economic Management

November 29, under the chairmanship of Seyran Hayrapetyan and Artur Harutyunyan, a joint closed sitting of the Artsakh Republic NA Standing Committees on Defense, Security and Law Enforcement and Budget, Financial and Economic Management was convened.

Armenia, Iran highlight carrying out 3 billion USD trade annually

Armenia’s Finance Minister Tigran Khachatryan and his deputy Avag Avanesyan have arrived in Iran on a working visit, the ministry said.

World oil prices dropping

World oil prices are falling Tuesday morning, and trading data as well as analysts attest to this.

Government of Armenia to provide 144 billion dram funding for Artsakh in 2023

The Armenian government plans to provide 144 billion drams of funding to Artsakh under the 2023 state budget, finance minister Tigran Khachatryan told lawmakers at a parliamentary committee session on the 2023 state budget draft.

Dollar falls, euro rises

The American dollar’s (USD) exchange rate against the Armenian dram (AMD) comprised AMD 400.91/$1 in Armenia on Tuesday; this is down by AMD 1.42 from Monday in the country, according to the official website of the Central Bank of Armenia, news.am informs.

Armenia’s trade turnover with EAEU states grows 74% - Pashinyan

Despite the global political tension and difficult socio-economic situation, the Eurasian Economic Union (EAEU) is consistently implementing the integration agenda, by deepening the cooperation between our countries, Prime Minister of Armenia Nikol Pashinyan said during the extended-format session of the Eurasian Intergovernmental Council in Yerevan.

Extended-format meeting of Eurasian Intergovernmental Council launched in Yerevan

The extended-format meeting of the Eurasian Intergovernmental Council launched in Yerevan today.

Russia PM in Yerevan, to discuss with EEU colleagues single oil, natural gas markets’ formation

Russian Prime Minister Mikhail Mishustin is in Yerevan, and he will discuss with other Eurasian Economic Union (EEU) colleagues the matters of formation of single oil and natural gas markets and digitization of mutual trade, the press service of the Russian government informed.

EU to provide 10 million euro grant assistance to Armenia

The European Union will provide a 10,000,000 euro grant assistance to Armenia within the framework of the Multiannual Indicative Programme 2021-2027 for Armenia for the implementation of police reforms, migration management and human rights protection.

Artsakh NA Standing Committee on Budget, Financial and Economic Management Has Convened a Sitting

October 17, a meeting of the Artsakh Republic National Assembly Standing Committee on Budget, Financial and Economic Management was convened, Artsakh NA informed.

This year's grape harvest indicators in the Republic are satisfactory. Deputy Minister

In 2022, the indicators of grape harvest in the Republic of Artsakh, compared to the previous year, are much better and satisfactory.

Oil prices grow weakly

World oil prices are rising weakly Thursday morning following OPEC+'s decision to cut production by 2 million bpd, trading data show, news.am informs.

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