Artsakhpress

Economy

Artsakh State Minister receives executive director of Development Fund of Armenia

On July 16, Artsakh Minister of State, Grigory Martirosyan, received a delegation led by executive director of Development Fund of Armenia, Armen Avak Avakian.

Artsakh State Minister discusses reformation of pension system with Armenian officials

Artsakh Minister of State, Grigory Martirosyan, received Armenia’s deputy minister of labor and social affairs, Smbat Saiyan, and head of Social Security Service, Arman Boshyan, on July 13.

Artsakh Minister of State discusses cooperation issues with Armenia’s energy ministry

On Wednesday, Artsakh Minister of State, Grigory Martirosyan, participated in the joint working consultation held between the delegation of Armenia’s ministry of energy infrastructures and natural resources and Artsakh’s ministry of economy and industrial infrastructures. At the consultation, the two ministries signed an agreement of cooperation.

Artsakh leader, Armenian minister of energy infrastructures and natural resources discuss implementation of programs in Artsakh's energy sphere

On 11 July Artsakh Republic President Bako Sahakyan received minister of energy infrastructures and natural resources of the Republic of Armenia Arthur Grigoryan, presidential office informed.

Oil prices up

Oil prices for 9 July:

Lebanese entrepreneur Nicola Georges Abou Fayssal visits Artsakh

At the invitation of Artsakh minister of economy and industrial infrastructures, Levon Grigoryan, representative of the Artsakh Republic in the Middle East, Karo Kebabjian, and Lebanese entrepreneur, founder of Gardenia Grain D'or company, Nicola Georges Abou Fayssal, arrived in Artsakh, Artsakh ministry of economy and industrial infrastructures informed ArtsakhPress.

Lebanese entrepreneur to grow fruit gardens in Artsakh

On July 8, Artsakh minister of agriculture, Zhirayr Mirzoyan, received prominent Lebanese entrepreneur, Nicola Georges Abou Fayssal, Artsakh agriculture ministry informed ArtsakhPress.

Head of Artsakh receives founder of “Gardenia Grain D’or”

On 9 July Artsakh Republic President Bako Sahakyan received Lebanese entrepreneur, founder of the “Gardenia Grain D’or” company Nicola Georges Abou Fayssal to discuss issues related to the implementation of a number of programs in Artsakh, presidential office informed.

Artsakh State Minister receives Armenian minister of agriculture

On July 6, Artsakh Minister of State, Grigory Martirosyan, received Armenian minister of agriculture, Artur Khachatryan, and deputy minister, Robert Makaryan.

Dollar goes up in Armenia

The American dollar’s (USD) exchange rate against the Armenian dram (AMD) comprised AMD 483.17/$1 in Armenia on Friday; this is up by AMD 0.22 from Thursday, informed the press service of the Central Bank of Armenia.

State Minister headed first high council session of state mid-term expenditure program

This year’s first high council session of the state mid-term expenditure program headed by the Artsakh Republic State Minister G. Martirosyan has been held.

Artsakh president receives Armenian minister of agriculture

On 6 July Artsakh Republic President Bako Sahakyan received Armenian minister of agriculture Arthur Khachatryan and deputy minister Robert Makaryan to discuss issues related to the cooperation between the two states in the agricultural sector.

Unprecedented drop in tax burden expected for small businesses of Artsakh

An unprecedented drop in tax burden is expected for small businesses: by 50% and 70% for capital Stepanakert and the regions respectively, Artsakh Minister of State, Grigory Martirosyan, wrote on his Facebook page. As in many developing countries, in Artsakh small businesses are the most vulnerable, the State Minister wrote.

Artsakh Ministry of Finance sums up first semester of 2018 with overfulfilments

According to preliminary data, in the first semester of the current year, tax revenues and fees to the Artsakh state budget comprised 26 bln 956.4 mln drams against the planned 25 bln 400 mln drams. The planned number has been exceeded by 6.1 % or 1 bln 556.4 mln drams, Ministry of Finance informed ArtsakhPress.

Dollar gaining value in Armenia

The American dollar’s (USD) exchange rate against the Armenian dram (AMD) comprised AMD 482.70/$1 in Armenia on Tuesday; this is up by AMD 0.21 from Monday, informed the press service of the Central Bank of Armenia.

World oil prices dropping

Trading data show that the world oil prices are falling, reported RT television.

Armenia trade with other EAEU countries increases

Armenia’s trade with the other Eurasian Economic Union (EAEU) countries has totaled $855 million, from January to May of the current year, and this is 27.8-percent more than the respective indicator for the same period in 2017.

Works on restoration of pastures start in Artsakh, says Agriculture Minister

Works on restoration of pastures have started in several communities of Artsakh.

Dollar tumble not stopping in Armenia

The American dollar’s (USD) exchange rate against the Armenian dram (AMD) comprised AMD 482.07/$1 in Armenia on Thursday; this is down by AMD 0.01 from Wednesday, informed the press service of the Central Bank of Armenia.

Yerevan hosts BSEC foreign ministerial council sitting

The Black Sea Economic Cooperation (BSEC) foreign ministerial council sitting has kicked off in Yerevan, Armenia.