#ARMENIA
Shadow economic activity among large Armenian taxpayers cut by 15 percent – SRC says
The so-called shadow economic activity among Armenia’s large taxpayers has been cut by more than 15% in the first quarter of the year, the head of the State Revenue Committee (SRC) Vardan Harutyunyan said today.Armenian government to introduce anonymous informants to report corruption cases
The government of Armenia has approved at a meeting today a draft law on informants and also a set of changes and additions to a number of related laws that were developed as part of its anti-corruption policy.Armenian nuclear power plant halted for planned repair and refueling
The Armenian nuclear power plant in Metsamor was halted on May 10 for a planned two-month long repair and refueling, the ministry of energy infrastructures and natural resources said today. It said the nuclear power plant will be reconnected to the power grid on July 9.Armenian ministry is against increased release of water from Lake Sevan
Armenia’s nature protection ministry is opposed to a government-designed bill that calls for increasing the release of water from Lake Sevan from current 170 million cubic meters to one billion cubic meters for energy and irrigation purposes, minister Artsvik Minasyan told reporters today.EBRD expects Armenian economy to grow by 2.5 percent in 2017
GDP growth in Armenia slowed from 3 per cent in 2015 to 0.2 per cent in 2016, driven by a decline in construction and agriculture, the European Bank for Reconstruction and Development (EBRD) said in its latest Regional Economic Prospects in EBRD Countries of Operations May 2017 report.Yerevan Brandy Company and legendary Ararat brandies receive honorable awards at Berlin International Spirits Competition
ARARAT Ani 6 years aged brandy received a gold medal at the Berlin International Spirits Competition, while Yerevan Brandy Factory won a special international award “Distillery of the Year” by a unanimous decision of judges, the Yerevan Brandy Company (YBC) said today in a press release.ANCA and LAX hold discussion about establishing Los Angeles to Yerevan direct flights
The Armenian National Committee of America (ANCA) said its representatives met Los Angeles World Airports (LAWA) officials about launching direct flights between the United States and Armenia, an ANCA policy priority that will – in addition to saving travelers time and inconvenience – substantially boost tourism, increase business travel, expand cargo traffic, and strengthen U.S.-Armenia bilateral economic relations.Four mining companies to invest a total of $180 million in development programs
Armenia’s ministry of energy infrastructures and natural resources said today that 4 mining companies - GeoPromining Gold, Lydian Armenia, Teghut and Vayk Gold are planning to invest a total of $180 million in development programs.Enrico Apriamov appointed deputy minister of emergency situations
Former First Deputy Chief of the General Staff of the Armed Forces of Armenia Enrico Apriamov, who was relieved of his post the day before by President Serzh Sargsyan, was appointed Deputy Minister for Emergency Situations.Some 170 million cubic meters of water to be pumped out of Lake Sevan
This year some 170 million cubic meters of water will be pumped out from Armenia’s largest Lake of Sevan for irrigation purposes, as much as in 2016, the head of the State Water Committee Arsen Harutyunyan, told a Cabinet session today.News 15801 - 15820 of 18475
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