Prime minister demands ‘breakthrough’ reforms in water management sector
Armenian prime minister spoke today about the need of carrying out ‘breakthrough’ reforms in the water management field.
Addressing a regular Cabinet meeting Karapetyan told the Water Management Committee to ensure equal conditions for all water users, taking into account the specifics of soil in various regions, thus eliminating the accumulation of receivables for payments for used irrigation water.
He told the head of the agency Arsen Harutyunyan to organize the whole process of ...
Armenia’s trade with EEU member countries surged by 15 percent
Armenia’s turnover with the Eurasian Economic Union’s (EEU) member countries grew by more than 15%, and the export of the Armenian goods to the Eurasian market grew by 65%, president Serzh Sargsyan said at a meeting of heads of state, members of the Eurasian Economic Union, in Bishkek, Kyrgyzstan, Sargsyan’s press office reported.
President Sargsyan said, “The shaping of our common economic area and its development for the second year in a row is taking place in a comple...
World oil prices are down
The online transaction data shows that the world oil prices have declined at the London and New York stock exchanges, Gazeta reported.
Accordingly, the May Futures’ Light Sweet Crude Oil (WTI) has dropped by 0.17% and made $52.32 per barrel at the New York Mercantile Exchange (NYMEX).
And the June Futures’ Brent Crude Oil has decreased by 0.18% and reached $54.79 per barrel, at the London ICE Futures stock exchange.
Dollar continues to fall in Armenia
The American dollar’s (USD) exchange rate against the Armenian dram (AMD) comprised AMD 485.47 /$1 in Armenia on Wednesday; this is down by AMD 0.40 from Tuesday, informed the press service of the Central Bank of Armenia.
The exchange rate for one euro was AMD 520.52 (up by AMD 2.83), that of one British pound was AMD 623 (up by AMD 12.89), and the rate of one Russian ruble was AMD 8.66 (unchanged) in the country.
In addition, one gram of silver, gold and platinum amounted to AMD 287.5, ...
Armenia’s total state debt increased by $35 million in one month
Armenia’s total state debt stood at $5.996.2 billion in late March 2017, having increased by 0.59% or $35 million from the previous month, according to numbers, released by the ministry of finance.
According to official data, the government’s debt stood at $5.478.3 billion (an increase of $28.3 million). The external debt increased by $7.9 million to $4.309.6 billion, while the domestic debt increased by $20.4 million to $1.166.6 million.
The Central Bank's debt at the end of March...
Coca-Cola Hellenic Armenia and USAID partner to address water stewardship in Ara...
On July 20, the United States Agency for International Development (USAID), Coca-Cola Hellenic Bottling Company Armenia (Coca-Cola HBC Armenia) and the Ministry of Nature Protection of the Republic of Armenia signed a Memorandum of Understanding, aimed at improving water stewardship across Armenia and particularly contributing to conservation, effective use and management of water resources in Ararat valley.
This partnership will support some of the activities implemented under the USAID’...