#ARMENIA
Armenia and Iran initiate memorandum of understanding on transit and sale of natural gas
Iran’s National Gas Export Company and Armenian Energoimpeks have initiated a memorandum of understanding for the transit, sale and purchase of gas, the press service of the Armenian ministry of energy infrastructures and natural resources said today.Minister: environmentally hazardous small hydropower plants across Armenia will be shut down
All environmentally hazardous small hydropower plants across Armenia will be shut down regardless of who their owners are, nature protection minister Artsvik Minasyan said to reporters today.Armenia initiates talks with Georgia on cutting natural gas transit fee
Armenia’s national gas distribution operator Gazprom Armenia (a subsidiary of Russian Gazprom) said it has initiated talks with Georgia’s Gas Transportation Company through its subsidiary Gazprom Export to seek a downward revision of transit fees before the current contract ends later this year.I
Government to involve private sector to carry out a "Apartments without Down Payment" program
The government will involve private sector to carry out a program called "Apartments without Down Payment" designed for young families, labor and social affairs minister Artem Asatryan told reporters today.French Veolie Generale des Eaux to invest 80 billion drams in upgrading of Armenia’s water distribution system
The French company Veolie Generale des Eaux, chosen by the Armenian government as the single operator of the country’s water distribution networks, will invest 80 billion drams in the next 15 years in upgrading of the system, Arsen Harutyunyan, the head of the State Water Economy Committee, told representatives of the European Bank for Reconstruction and Development (EBRD), led by loan specialist Tia Melikadze, on November 1.Government to cut the number of deputy governors
The Armenian government is considering the possibility of cutting the number of deputy governors, the chief of government staff David Harutyunyan told a parliamentary hearing today on next year’s draft budget, convened by several committees.Gazprom Armenia to ask PSRC to revise natural gas prices
Armenia’s national gas distributing company Gazprom-Armenia (owned by Russian Gazprom) said today it will ask the Public Services Regulatory Commission (PSRC) to revise the tariffs for natural gas for several categories of consumers.Armenian telecom operators’ taxes for 9 months down from the year ago
Armenia’s three telecommunications companies –ArmenTel, ViaCell-MTS and Ucom - paid a total of 23.7 billion drams in various taxes for the first 9 months of 2016, down from 29.4 billion drams they had paid for the same time span in 2015, according to the State Revenue Committee (SRC).Armenia airline ready to compete with low-cost Pobeda
The recently established Armenia airline is ready to compete with low-cost carrier Pobeda, an affiliation of the Russian Areroflot, if a level playing field is secured for all, Armenia CEO, Robert Hovhannisyan, told a news conference today.Armenia expects modest growth in remittances next year- minister says
Armenia expects a modest growth in the volume of remittances in 2017, the bulk of which is sent by Armenian labor migrants working in the Russian Federation, finance minister Vardan Aramyan said today during a parliamentary hearing of the next year’s draft budget.Armenian banks' taxes for 9 months fell by 11.4% year-on-year
The list of Armenia's 1000 largest corporate taxpayers for the first 9 months of 2016 includes all 19 commercial banks operating in the country, which paid a total of 28.2 billion drams in various taxes, down from 31.8 billion drams, paid for the same period of 2015, the State Revenue Committee (SRC) said.Armenia’s monetary base in September 2016 was up 5.4% from August
Armenia’s monetary base in September 2016 increased by 5.4% from the previous month of August to about 897.9 billion drams, the National Statistical Service (NSS) reported citing the preliminary data of the Central Bank.News 16641 - 16660 of 18464
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