On September 22, a  meeting was held under the chairmanship of RA Prime Minister Nikol  Pashinyan, at which the draft state budget of Armenia for 2021 was  discussed. At the meeting, RA Minister of Finance Atom Janjughazyan presented  the budgetary process, acroeconomic and fiscal frameworks, the press  service of the government reports. He noted that the development of  the draft state budget is carried out based...

Live exports of sheep and goats from Armenia grew 256% in January-July 2020 despite the coronavirus pandemic, according to data released by PM Nikol Pashinyan. He said that around 41,000 of sheep and goats worth 3,4 million dollars were exported. “This growth is the direct result of the government’s several actions,” he said, adding that live exports of these animals brings profit to many farmers. “I continue to insist...

The Armenian Ministry of Territorial Administration and Infrastructures and Russia’s Ministry of Transportation signed a protocol aimed at the development of the South Caucasian Railway. The document was signed by Deputy Minister of Territorial Administration and Infrastructure Armen Simonyan and Russia’s Deputy Minister of Transportation Vladimir Tokaryev. The protocol was signed based on the agreements reached during the 19th...

According to the results of the economic analysis conducted by the Eurasian Expert Club, Armenia’s export volumes to Belarus and Kazakhstan have increased in the first half of 2020 compared to the same period of 2019, Coordinator of the Eurasian Expert Club, political analyst Aram Safaryan said during a press conference․ “Even under the declining trends of overall figures, our economic export and import indicators in the Eurasian...

The United States Government has committed an additional $1.43 million through the U.S. State Department and U.S. Agency for International Development (USAID) to address the impact of COVID-19 in Armenia. In total, the U.S. Government has committed over $4 million in emergency assistance to Armenia in FY20. The United States is providing life-saving support by coordinating with the Government of Armenia, international humanitarian partners, and...