Artsakhpress

Economy

Number of foreign visitors to Artsakh rises by 46,7 %.

In January-December of 2019, 41 thousand 963 foreign tourists visited Artsakh instead of last year’s 28 thousand 588 tourists. The number has increased by 46, 7 %.

Armenia President attends official opening of World Economic Forum

President of Armenia Armen Sarkissian attended the opening of the World Economic Forum 2020 in Davos, Switzerland, the Presidential Office stated.

World oil prices going up

World oil prices are going up Thursday, and trading data attest to this.

Armenia is in a beneficially better position compared to Azerbaijan and Georgia, and this is not populism. Arayik Harutyunyan

Armenia is in a beneficially better position compared to Azerbaijan and Georgia, and this is not populism. Former Prime Minister of Artsakh, leader of the Free Homeland party Arayik Harutyunyan, wrote this on Facebook.

World oil prices fluctuate

World oil prices are fluctuating Monday, and trading data attest to this, RT reports.

Tax revenues and duties to Artsakh Republic state budget exceeded by 1.6%

According to preliminary data, in 2019, the tax revenues and duties to the state budget of the Republic of Artsakh amounted to 59 billion 113 million 400 thousand drams, exceeding the planned 58 billion 200 million drams by 1.6% or 913 million 400 thousand drams.

World Bank publishes forecast of global economic growth

The World Bank (WB) on Wednesday published an annual forecast for the state of the world economy, according to which its growth in 2020 will be 2.5%, news.am reports, citing RIA Novosti.

WTI oil prices rise after Iranian attacks on US bases

WTI oil prices rose on Wednesday by over 4% after Iranian attacks on US military bases in Iraq, news.am reports, citing RIA Novosti.

The annual volume of electricity generation will increase

The annual volume of electricity generation is expected to be 475 million kWh, exceeding last year's index by more than 22%, of which 85 million kWh will be the export volume.

EAEU expands geography of free trade deals: Armenian products become competitive in many countries

The Eurasian Economic Union is expanding the geography of its free trade agreements with the third countries as new deals are expected to be signed next year.

Bako Sahakyan takes part in parliament's meeting on approval of draft budget for 2020

On 19 December, Artsakh President Bako Sahakyan took part at the plenary meeting of the National Assembly dedicated to the approval of the 2020 draft state budget.

World oil prices going down

World oil prices are going down Thursday; trading data attest to this.

Dollar gains value in Armenia

The American dollar’s (USD) exchange rate against the Armenian dram (AMD) comprised AMD 477.54/$1 in Armenia on Wednesday; this is up by AMD 0.10 from Tuesday, according to the official website of the Central Bank of Armenia.

120 Hectares of “Wonderful” Variety of Pomegranate Orchards established in Araksavan

Farmers Henrik Aslanyan and Gagik Tsatryan have established about 120 hectares of pomegranate orchards ("Wonderful" variety of pomegranate) in the territory of Araksavan settlement, Artsakh Republic.

World oil prices still going down

World oil prices are going down Tuesday; trading data attest to this.

World oil prices going down

World oil prices are going down Monday; trading data attest to this.

Armenia’s trade turnover with EAEU states grows

Armenia’s trade turnover with the member states of the Eurasian Economic Union (EAEU) has increased by 10.7% in January-October 2019 compared to the same period of 2018, comprising 1 billion 796 million 858.7 thousand USD, according to the data of the National Statistical Committee.

World oil prices falling

World oil prices are down during trading on Wednesday, December 11, RT reported.

Dollar gains value in Armenia

The American dollar’s (USD) exchange rate against the Armenian dram (AMD) comprised AMD 478.02/$1 in Armenia on Tuesday; this is up by AMD 0.05 from Monday, according to the official website of the Central Bank of Armenia.

World oil prices going down

World oil prices are going down Monday; trading data attest to this.