Artsakhpress

Economy

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.

Carpet production grows strongly in Armenia in 10 months

Armenia saw a strong growth in production of carpets and rugs in the first 10 months of 2019, the latest official statistics show.

Armenia to surpass Azerbaijan with GDP per capita in 2020, says PM

Armenia will surpass Azerbaijan in 2020 with GDP per capita volumes, Prime Minister Nikol Pashinyan said at parliamentary debates of the 2020 budget draft.

World oil prices still going up

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

Dollar continues rising in Armenia

The American dollar’s (USD) exchange rate against the Armenian dram (AMD) comprised AMD 477.88/$1 in Armenia on Friday; this is up by AMD 0.63 from Thursday, according to the official website of the Central Bank of Armenia.

World oil prices falling

World oil prices continue to decline at the start of trading on Thursday, news.am reports, citing RIA Novosti.

Armenian PM, Kyrgyz President discuss development prospects of economic ties in Bishkek

Armenian Prime Minister Nikol Pashinyan, who is in Bishkek on a working visit, had a meeting with the President of Kyrgyzstan, Sooronbay Jeenbekov.

Azerbaijan is not supplier of energy but of oil and natural gas, says Armenian PM

In an interview with the Italian Corriere della Sera newspaper, Armenian Prime Minister Nikol Pashinyan answered to a question on whether or not the fact that Azerbaijan is one of the main energy suppliers for Italy is a problem for Yerevan’s relations with Rome.

Draft 2020 state budget submitted to Artsakh parliament

Today at the sitting of NA Standing Committee on Budget, Financial and Economic Management, the Minister of Finance of the Republic of Artsakh Artur Harutyunyan touched upon the economic environment formed in Artsakh this year and presented some macroeconomic forecasts.

Armenian PM meets with ICE President in Rome

Prime Minister of Armenia Nikol Pashinyan met with President of the Italian Trade Agency (ICE), a governmental agency, Carlo Ferro on the sidelines of his official visit in Italy.

World Bank to provide new US $50 million loan to Armenia

The World Bank’s Board of Executive Directors approved on November 21 a new, EUR 45.8 million (US $50 million) loan for the Armenia Governance Development Policy Operation (DPO), a budget support operation, the World Bank stated.

World oil prices going down

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

World oil prices falling

World oil prices are falling during trading on Wednesday, RT reported.

Armenian-Italian economic ties develop dynamically: Brief information ahead of PM Pashinyan’s visit

Armenian Prime Minister Nikol Pashinyan and his delegation will pay an official visit to Italy on November 20-22.

Gross yield of pomegranate amounted to 4890 tons. Deputy Minister

There are 1850 hectares of pomegranate orchard in the republic, of which 847 hectares to be gathered.

EEC plans to eliminate most of the barriers existing in EAEU before 2025

The Eurasian Economic Commission (EEC) plans to eliminate by 2025 those parts of the 71 barriers existing in the Eurasian Economic Union (EAEU) which relate to the privileges granted to the Union’s member states, Karine Minasyan - Member of the Board, Minister in charge of Internal Markets, Information Support, Information & Communication Technologies at the EEC, told Armenpress.