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Economic news

Parliament votes to amend controversial pension system at first hearing

20.06.2018

The parliament adopted the bill on amending the law on accumulative pensions at first hearing today. 79 MPs voted in favor, 2 voted against and 7 abstained. “We’ve always opposed the mandatory component, we haven’t changed our stance. By discussing with our colleagues, we will vote in favor, but with a condition to continue discussions with the government to abolish the mandatory component,” Naira Zohrabyan from the...

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20.06.2018

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19.06.2018

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Agreement on free trade zone between Iran and the EEU will create new conditions for activation of Armenian-Iranian trade

19.06.2018

Armenian Minister of Economic Development and Investments Artsvik Minasyan and Iranian Ambassador to Armenia Seyyed Kazem Sajjadi discussed today the issues of development of Armenian-Iranian trade and economic relations,  increase of bilateral trade volumes. According to the press service of the Armenian Ministry of Economic  Development, during the meeting, the sides touched upon the issue of signing an agreement on the...

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The Armenian government will control the expenses of state non-commercial organizations

18.06.2018

The Armenian government intends to transfer the accounts of all state non-commercial organizations (SNCO) from commercial banks to the treasury. According to the Minister of Finance of Armenia Atom Janjughazyan,  after the Cabinet of Ministers introduced certain amendments to the  RA Law on the Budget System and a number of accompanying laws in  December 2017, it became necessary to revise this rule so that it ...

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16.06.2018

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15.06.2018

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