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One in three children are both poor and socially deprived in Armenia, UNICEF report says
... this is true for only 3% of children in rural areas, while 18 per cent of children in urban areas do not suffer any deprivation. Children, who are deprived, are deprived on average in three dimensions at the same time. Most children are deprived in Utilities, Housing and Leisure. There is a sharp rural/urban divide in the utilities dimension: 87 % of children in rural areas are deprived in utilities, a combination of poor access to water and heating. The second relevant divide is found in information: ...
09/26/2016Armenian government earmarks AMD 92 million to ease border areas residents’ utilities expenses burden
Armenia’s government will allocate about AMD 92 million this year to pay compensations to residents of border areas for their utilities bills, David Lokyan, Armenian territorial administration and development minister, said on Thursday. YEREVAN, May 27. /ARKA/. Armenia’s government will allocate about AMD 92 million this year to pay compensations to residents of border ...
05/27/2016Head of Yerevan Municipality's Public Utilities Department Arrested
Arsen Karoyan, the head of the Yerevan Municipality Department of Public Utilities, has been arrested for two months, the press service of the Armenian Anti-Corruption Committee told ARKA news agency. YEREVAN, April 8. /ARKA/. Arsen Karoyan, the head of the Yerevan Municipality Department of Public Utilities, has been arrested ...
04/08/2025PSRC urges Armenia's utility operators to trade at least part of their shares on the stock exchange
Head of Armenia's Public Services Regulatory Commission (PSRC) Garegin Baghramyan last Friday urged Armenian operators of public utilities (electricity, water and natural gas) to float at least part of their share capital on the local stock exchange. YEREVAN, 3 June. /ARKA/. Head of Armenia's Public Services Regulatory Commission (PSRC) Garegin Baghramyan last Friday urged ...
06/03/2024European energy and utilities companies' debt swells to over 1.7 trillion euros
European energy and utilities companies are racking up more debt to cover the cost of soaring oil and gas prices, Tass news agency reported with reference to Bloomberg. YEREVAN, July 18, /ARKA/. European energy and utilities companies are racking up more debt to cover ...
07/18/2022President: residents of Nagorno-Karabakh to enjoy 12-month free utilities
... measures to alleviate the social burden of the population and restore a normal rhythm of life as soon as possible. According to the president, at the first stage, a number of social programs will be effective, in particular, during the year all the utilities (natural gas, electricity, water, etc.) will be free. In addition, communication services (mobile and fixed communication, Internet) will also be free. He said those needy families, whose income per member is below the threshold of the minimum ...
11/17/2020Armenian government discussing how to shield the poor from impact of raise of utilities prices
Armenian government is discussing the steps to be taken to shield socially unsecured people from the impact of raise of utilities prices, Armenian Prime Minister Tigran Sargsyan said Wednesday in National Assembly. YEREVAN, March 17. /ARKA/. Armenian government is discussing the steps to be taken to shield socially unsecured people from the impact of raise of utilities ...
03/18/2010"Electric Networks of Armenia" paid subscribers 205 million drams as compensation for violations of standards
Head of the Public Services Regulatory Commission (PSRC) of Armenia Mesrop Mesropyan presented data on compensations paid to subscribers by companies in the field of public utilities in 2024. YEREVAN, May 15. /ARKA/. Head of the Public Services Regulatory Commission (PSRC) of Armenia Mesrop Mesropyan presented data on compensations paid to subscribers by companies in the field of public utilities in 2024. "For violations ...
05/15/2025Artsakh refugees outraged by Armenian government's decision to cut their aid
Artsakh (Nagorno-Karabakh) refugees have taken with great dissatisfaction the Armenian government's decision to reduce the financial aid provided to them, which they use to pay for rent and utilities, Artsakh human rights defender Gegham Stepanyan said today. YEREVAN, 29 November. /ARKA/. Artsakh (Nagorno-Karabakh) refugees have taken with great dissatisfaction the Armenian government's decision to reduce the financial aid provided ...
11/29/2024Armenia’s consumer prices register 0.2% annualized deflation in August 2023
... compared to August 2022, and down 0.4% as opposed to July 2023. Alcohol and tobacco products were up 8.6% in August year-over-year and up 0.2% over July 2023. Prices for clothing and footwear rose by 5.2% from August 2022 and 0.2% from July 2023, while utilities rose by 1.4% and 0.5% respectively. Household goods and appliances rose 4.4% in August on a year-over-year basis and 0.1% from July 2023. Health care prices rose 2.1% in August and dropped by 0.3% from July 2023. Transportation prices registered ...
09/05/2023GeoProMining continues to replenish the technical fleet for maintenance of utilities in communities
... community. This will help keep the roads and streets of the communities and towns, where our workers live, clean and tidy”, commented the General Director of “GeoProMining Gold” Anatoly Gogotin. GeoProMining periodically invests in the development of utilities, and in support of sanitary and hygienic standards. Earlier the company purchased several garbage collection machines and a bus for the Ararat community. GeoProMining invested in social sphere more than $15 mln US dollars. -0-
09/30/2022Elevators to be replaced in 54 multi-apartment buildings in Yerevan in which disabled servicemen live
Fifty-four elevators will be replaced in the multi-apartment buildings in the capital city Yerevan before the end of this year, Arsen Karoyan, the head of a Yerevan Municipality department in charge of public utilities, told a news conference today. YEREVAN, November 30. /ARKA/. Fifty-four elevators will be replaced in the multi-apartment buildings in the capital city Yerevan before the end of this year, Arsen Karoyan, the head of a Yerevan Municipality ...
11/30/2021Armenian utilities give three days to households to pay their bills
... electricity consumed in March will have it cut off on April 27. According to one of the measures, designed by the government to neutralize the economic consequences of coronavirus shock, some residents of the country received a 50% discount on some utilities. Gazprom-Armenia CJSC is a 100% subsidiary of the Russian Gazprom. It supplies Russian natural gas to Armenia. The company also deals with storage, distribution and sale of gas. Electric Networks of Armenia CJSC is owned by Tashir group of ...
04/22/2020VTB Bank (Armenia) opens 23 self-service zones in Yerevan and across the country
... available on the card and make all kinds of payments, to place banknotes with various face value in an ATM not alternately, but in bundles, to change the PIN codes, to make card to card money transfers, to receive card account statements, to pay for utilities and others. Payment terminals can be used to make more than 300 types of transactions, such as to replenish account, card or deposit, to pay loans of individuals, legal entities and individual entrepreneurs; to pay utilities, fines, duties and ...
06/14/2019VTB Bank (Armenia) opens 69th branch
... as well as passengers using the Sasuntsi David metro station, are now able to use the full range of services and products provided by VTB Bank (Armenia): make bank deposit and apply for loans, replenish their bank accounts, make money transfers, pay utilities and receive the bank’s employees’ advice. The new modern branch has a self-service zone with an ATM and a payment terminal, which allow customers to make a set of transactions- such as cash withdrawal and replenishment of bank / card accounts,...
11/29/2018Unibank branch in Stepanavan introduces ‘single window’ system
... Unibank in Stepanavan has introduced the ‘single window’ system. The Yerevan-based bank said in a press release that customers will deal only with one employee when placing deposits, applying for loans, banking cards, making money transfers or paying utilities. There is no longer any need to contact the cashier or the service manager, it said. To ensure prompt customer service and provide a full package of banking services, Unibank is extending and improving the efficiency of the branch network concurrently ...
07/07/2017Armenian minister of urban planning meets with Russian colleague in Moscow
Armenia’s minister of urban planning Narek Sargsyan discussed bilateral cooperation with the Russian minister of construction, housing and utilities Mikhail Men in Moscow on Tuesday. YEREVAN, November 27. /ARKA/. Armenia’s minister of urban planning Narek Sargsyan discussed bilateral cooperation with the Russian minister of construction, housing and utilities Mikhail Men in Moscow ...
11/27/2014Prices for services in Armenia rise 5% in July
Prices for services in Armenia rose 5% in July, compared with June, mainly due to 12.1% increase in prices for utilities, the National Statistical Service of Armenia reports. YEREVAN, August 1. /ARKA/. Prices for services in Armenia rose 5% in July, compared with June, mainly due to 12.1% increase in prices for utilities, the National Statistical Service ...
08/01/2013Areximbank-Gazprombank Group to introduce new products for plastic card holders
... card holders. YEREVAN, February 2, /ARKA/. Areximbank-Gazprombank Group said it plans to introduce this year several new products for plastic card holders. Namely, it will issue ArCa plastic cards, and its plastic card holders will be able to pay utilities by mobile phones from their plastic card accounts. Also Areximbank’s and Russian Gazprombank’s plastic cards holders will be able to make round the clock money transfers between Russia and Armenia. The bank has already introduced ...
02/03/2011Armenia and Iowa State (USA) to Cooperate in Energy Regulation
The Public Services Regulatory Commission (PSRC) of Armenia and the Iowa Utilities Board (IUB), signed a Memorandum of Understanding, designed to foster collaboration on energy regulation on Tuesday in Yerevan. YEREVAN, June 15. /ARKA /. The Public Services Regulatory Commission (PSRC) of Armenia and the Iowa Utilities Board ...
06/15/2010In June, 12-month inflation in Armenia amounted to 3.9%, while prices fell by 1.3% over the month
....5%. In June, alcoholic and tobacco products increased in price by 6.2% over the year, and by 0.5% compared to May of the current year. Prices for clothing and footwear in June 2024 decreased by 2% (a month-on-month decline of 1.4%), while prices for utilities increased by 1.2% (a month-on-month decline of 0.2%). Household goods, household appliances, and daily apartment maintenance activities fell in price by 0.2% in June, and by 0.8% over the month. The growth of prices in the healthcare sector ...
07/03/2025Yerevan Municipality initiated revision of contract with water supply operator "Veolia Jur"
... indicating that "the mayor's office is not to blame here. According to the information provided by Areyan, 560 accidents were recorded on a number of streets in the capital last week, 400 of them in the sewer system. "Not a single supplier (of utilities - ed.) has such indicators. Thus, 92 emergencies were registered with planned and emergency shutdowns in the sphere of activity of Electricity CJSC, 6 - with planned and emergency shutdowns in the gas sector of Gazprom-Armenia CJSC, and Veolia ...
06/09/2025In May, 12-month inflation in Armenia amounted to 4.3%, while prices rose by 0.3% over the month
... increased by 0.5%. In May, alcohol and tobacco products increased in price by 5.8% over the year, while over April of this year they increased by 0.4%. Prices for clothing and footwear in May 2024 decreased by 1.5% (up 0.3% over the month), while prices for utilities increased by 1.4% (down 0.3% over the month). Household goods, household appliances, and daily apartment maintenance activities increased in price by 0.1% in April, and by 0.7% over the month. In May, the growth of prices in the healthcare sector ...
06/04/2025Almost $300 million allocated in Armenia to support Artsakh refugees over 1.5 years
... emphasized that at this stage, he does not consider it appropriate to hold such an event. On the reduction of the 40+10 thousand drams program Khachatryan addressed the controversial decision to stop the monthly payments of 40+10 thousand drams for rent and utilities, which caused a wave of indignation among the displaced persons from Artsakh. "This program has become a factor hindering the implementation of the long-term assistance program. In November 2024, a decision was made that starting from April ...
04/08/2025In Armenia, 12-month inflation in March amounted to 3.3%, prices rose by 0.5% over the month
... the month. In March, alcohol and tobacco products saw a price increase of 5.1% year-over-year, and 2.1% compared to February of this year. Prices for clothing and footwear in March 2024 decreased by 3% (a 0.6% drop from the previous month), and for utilities, prices increased by 1.4% (a 0.1% increase over the month). Prices for household goods, appliances, and daily apartment maintenance activities fell by 1.5% in March, and by 0.1% month-over-month. Price growth in the healthcare sector in March ...
04/03/2025Winner of “My Ameria, My Home” draw highlights benefits of Ameriabank
... gave my mom an apartment,’” Sargsyan said. She shared that she has been a client of Ameriabank for more than five years. “It’s a very good bank. I conduct all of our company’s transactions through Ameriabank. I use the MyAmeria app to pay utilities and manage personal transactions. It’s fast and convenient. The staff always greets me with a smile and shows care, even if there are issues. They have a special attitude toward each client,” Sargsyan said. Armenia is our common home Ameriabank’s ...
03/28/2025Mayor's Office warns heavy snowfall in Yerevan may disrupt daily life
... the Yerevan Mayor's Office said. YEREVAN, February 19. /ARKA/. Heavy snowfall is expected in Yerevan on February 20-21, which may disrupt road traffic, visibility and daily life, the Yerevan Mayor's Office said. It assured that the relevant public utilities, including those in the administrative districts of the capital , will be fully involved in snow removal activities. The Mayor's Office also reminded that according to the decision of the Council of Elders, business entities are obliged to clear ...
02/19/2025Inflation of 1.5% registered in Armenia in December, 1% for the month
... a 3% increase in price year-on-year, while there was no price change compared to the previous month. Prices for clothing and footwear decreased by 2.6% in December 2024 compared to the previous year (a 0.1% decrease from the previous month). In the utilities sector, deflation of 0.2% was recorded in December compared to the previous December, and inflation of 0.9% compared to November. Prices for household goods, appliances, and daily home maintenance activities decreased by 2.5% in December compared ...
01/10/2025Inflation in Armenia registered at 1.4% in November, 1.3% for the month
... and tobacco products rose in price by 4.1% in November compared to November 2023 , and by 0.4% compared to October of this year. Prices for clothing and footwear decreased by 2.5% in November 2024 (with a 0.6% increase over the month). In the public utilities sector, deflation of 0.5% was registered in November compared to November of the previous year, and zero inflation compared to October 2024. Prices for household goods, appliances, and daily apartment maintenance decreased by 2.7% in November ...
12/04/2024ADB explores special economic zone in Gyumri
....9 billion in the country's economy, making it one of the largest multilateral development partners of the Republic. These investments include projects in transport, energy, water supply, and urban infrastructure. In the private sector, ADB supports utilities, infrastructure, financial institutions, and agribusiness. As Don Lambert, Director of the Asian Development Bank's Permanent Mission to Armenia, previously stated in an exclusive interview with ‘’ARKA’’ news agency, discussions are ...
11/15/20240.6% inflation recorded in October, 0.3% for the month
... rose by 0.9% over the month. Alcohol and tobacco products increased in price by 3.9% year-on-year in October and by 0.2% compared to September. Clothing and footwear prices decreased by 2.7% in October 2024, with a 1.9% increase over the month. In the utilities sector, inflation was 0% year-on-year in October, while prices decreased by 0.9% compared to September. Prices for household goods, appliances, and daily apartment maintenance activities dropped by 2.9% year-on-year in October, but rose by 1....
11/05/2024Inflation in Armenia in September made 0.6 per cent
... by 0.6 per cent compared to August 2024. Alcohol and tobacco prices rose 4.1 per cent year-on-year and 0.1 per cent from August this year. Clothing and footwear prices fell 3.4 per cent in September 2024 yoy (down 0.8 per cent from August 2024) and utilities rose 0.6 per cent (up 0.2 per cent from August 2024). Prices for household goods, appliances and daily household activities fell 4 per cent in September from a year earlier and rose 0.9 per cent from August 2024. Health care prices rose by 2% ...
10/03/2024Armenian authorities allocate more than $2.5 million to pay for utilities of residents of border villages in 2025
At a meeting on Thursday, the Armenian government allocated 988.9 million drams to support residents of border villages in Armenia, which provides for partial compensation of their utility costs and property taxes in 2025. YEREVAN, September 26 /ARKA/. At a meeting on Thursday, the Armenian government allocated 988.9 million drams to support residents of border villages in Armenia, which provides for partial compensation of their utility costs and property taxes in 2025. As noted in the government...
09/26/2024All old elevators in Yerevan must be replaced within 4 years – Tigran Avinyan
... September 23 /ARKA/. All old elevators in residential buildings in Yerevan must be replaced within 4 years, Yerevan Mayor Tigran Avinyan said on Monday. On Monday, at a meeting in the city hall, the head of the Yerevan Municipality Department of Public Utilities, Arsen Karoyan, reported that 286 new elevators are currently to be replaced, of which 112 have already been installed. Armenian Technical Safety Center of the Ministry of Internal Affairs has issued positive conclusions for operation. "95 ...
09/23/2024Armenia's annual inflation rate in August 2024 was 1.3 per cent
... compared to the previous month. Alcohol and tobacco prices in August were up 4.4 per cent year-over-year and 0.3 per cent higher than in July this year. Clothing and footwear prices fell 3.9 per cent in August 2024 (1.7 per cent less than in July) and utilities rose 0.9 per cent (1 per cent more than in July). Prices for household goods, appliances, and daily household activities fell 4.6 percent in August on a year-over-year basis and 2 percent on a month-over-month basis. Prices for health care rose ...
09/04/2024Rich Dad, Poor Dad: How the level of financial literacy is related to children's upbringing
... It is good practice to assign your child a task that requires regular calculations and spending. For example, let his/hers "area of responsibility" be the choice and purchase of a certain category of goods for a fixed amount or payment of utilities. So the child will understand how much money and effort is spent on household organisation, will begin to pay attention to price tags. Allow children to act, the experience of independent, even irrational, purchases helps to determine the value ...
08/15/2024Annual inflation in Armenia was 1.4 per cent in July
... to June 2024. Alcohol and tobacco prices increased by 4.3 per cent in July on an annualised basis and by 0.1 per cent compared to June 2024. Clothing and footwear prices decreased by 2 per cent in July 2024 (down 0.9 per cent month-on-month), while utilities increased by 0.4 per cent and 0.6 per cent respectively. Prices for household goods, appliances, and daily household activities decreased 2.5 percent in July 2024 and 0.7 percent from June 2024. Health care prices rose 1.2% year-over-year in ...
08/05/2024Armenia requests ADB funding of 236 million euros for construction of Sisian-Kajaran road
... provided a total of $1.9 billion in assistance to Armenia, being one of the largest multilateral development partners of the country. These include projects in transport, energy, water, and urban infrastructure, while in the private sector ADB supports utilities and infrastructure, financial institutions, and agribusiness.-0-
07/18/2024Annual inflation of 0.8% recorded in June in Armenia
... other hand, alcohol and tobacco products became 4.8% more expensive over the year, although the monthly increase was minimal at 0.1%. The clothing and footwear segment experienced a yearly price drop of 1.9% and a monthly decrease of 0.9%. Prices for utilities fell by 0.4% over the year and remained unchanged month-over-month. Household items, including appliances and daily care activities, saw a 1.3% annual decline and a 0.5% monthly decrease. Healthcare costs rose modestly by 0.9% over the year,...
07/03/2024Government releases AMD 300 million for flood-affected communities of Lori and Tavush marzes
... minister also said that throughout the day he inspected the M6 interstate road to Ayrum train station. According to him, collapses of the road and bridges were fixed, and an inventory of the damages was made. The supplies of water, natural gas and other utilities in Alaverdi and neighboring settlements was also discussed. According to preliminary data of the authorities, the natural disaster claimed the lives of four people, 429 people were evacuated. -0-
05/28/2024Armenia registered annual deflation of 0.7% in April 2024
..., inflation of 0.6% was registered in April 2024 compared to March. In April 2024 the prices of food products and non-alcoholic beverages decreased by 4.5%. Alcohol and tobacco products were up 7% yoy. Clothing and footwear prices were down 0.6% and utilities were down 0.1%. Prices for household goods, appliances, and daily housekeeping activities were down 0.6%. Health care prices declined by 0.2% in April year-on-year, transportation registered an 8.5% increase (and communications rose by 0.3%....
05/06/2024Year-on-year consumer prices in Armenia in March 2024 were down 1.2%
... by 1.2% in January-March 2024 compared to the same period in 2023. Food and non-alcoholic beverages prices decreased by 5.6% in March 2024 compared to March 2023. Alcohol and tobacco products were up 7.4%. Clothing and footwear prices were up 1.2%and utilities were down 0.1%. Prices for household goods, appliances, and daily housekeeping activities increased 0.1%. Health care prices declined by 0.8%, transport prices registered a 9% increase, while communications declined by 0.4%.Recreation and culture ...
04/03/2024Armenia records annual deflation of 1.7% in February 2024
... to the NSC data, prices of food products and non-alcoholic beverages decreased by 7.4% in February 2024 compared to February 2023. Prices for alcohol and tobacco products were up 7.5%. Prices for clothing and footwear rose by 1.4%, while prices for utilities rose by 0.8%. Prices for household goods, appliances, and daily housekeeping activities did not change. The year-on-year price increase in health care in February amounted to 0.1%. Transportation prices increases by 10.4%, and communications ...
03/06/2024Armenia records annual deflation of 0.9% in January 2024, prices rise 1.2% over the month
In January 2024, consumer prices in Armenia decreased by 0.9% compared to January 2023 and increased by 1.2% compared to December 2023, the National Statistical Committee (NSC) reported. YEREVAN, February 7. /ARKA/. In January 2024, consumer prices in Armenia decreased by 0.9% compared to January 2023 and increased by 1.2% compared to December 2023, the National Statistical Committee (NSC) reported. According to the NSC, in January 2024, prices of food and non-alcoholic beverages decreased by...
02/07/2024How to Build Up Financial Discipline
... "notebook" format should be abandoned, as it does not allow for automatic calculations and quick data retrieval. Break down all expenses and income into blocks, within which you can highlight additional levels For example: 1) Fixed costs: mortgage or rent, utilities, loan repayments. 2) Variable costs: a) food, b) travel, c) entertainment. Income: 1) Basic. 2) Additional. The key principle is good faith and regularity. Think of these records as a daily and natural activity. It is important to record all ...
12/12/2023Armenia records annual deflation of 0.5% in November 2023- statistics
... Prices of food and non-alcoholic beverages in November 2023 were down 4.4% compared to November 2022. Prices of alcoholic and tobacco products were up 8.3% year-over-year. Clothing and footwear prices rose 3.1% in November 2023 from November 2022; utilities rose by 0.9%, while household goods and appliances rose 2.4%. Health care prices rose 1.8%, transportation prices registered a 3.4% increase, communications services declined in prices by 0. 5%, recreation and culture prices rose by 2.1%, education ...
12/05/2023ICJ schedules hearings on October 12 on Armenia's suit against Azerbaijan under Convention on Racial Discrimination over situation in Nagorno-Karabakh
... aid to the ethnic Armenians of Nagorno-Karabakh, and shall cooperate with the International Committee of the Red Cross to address the other consequences of the recent conflict; 6) Azerbaijan shall immediately facilitate the full restoration of public utilities, including gas and electricity, to Nagorno-Karabakh, and shall refrain from disrupting them in the future; - 2 – 7) Azerbaijan shall refrain from taking punitive actions against the current or former political representatives or military personnel ...
10/06/2023Twelve-month inflation in Armenia’s consumer market in late September 2023 amounted to 0.1%- NSC
... 2023 was up 0/9% compared to August of the same year. Food and non-alcoholic beverage prices decreased by 3.1% in September 2023 compared to September 2022. Alcohol and tobacco products were up 8.3%, while prices for clothing and footwear rose 4.4% and utilities were up 1.3%. Household goods and appliances rose in price by 3.7%. Also, health care prices rose 2%, transportation prices by 1.3%, communications prices declined by 0. 4%, recreation and culture prices rose 1.1%, education prices rose 4.8%,...
10/04/2023Some 100,625 refugees arrived in Armenia from Nagorno-Karabakh
... reminded that two of such social programs are already effective - providing one-time financial assistance in the amount of 100 thousand drams to each forcibly displaced person, as well as 40 thousand drams to pay home rent and 10 thousand drams to pay for utilities. Baghdasaryan explained that since the social assistance is also provided to minors, it is necessary for the child's mother to confirm to the Unified Social Service the relation with the child- this can also be done online. "To do this,...
10/03/2023Armenia asks ICJ to indicate provisional measures against Azerbaijan
... aid to the ethnic Armenians of Nagorno-Karabakh, and shall cooperate with the International Committee of the Red Cross to address the other consequences of the recent conflict; 6) Azerbaijan shall immediately facilitate the full restoration of public utilities, including gas and electricity, to Nagorno-Karabakh, and shall refrain from disrupting them in the future; - 2 – 7) Azerbaijan shall refrain from taking punitive actions against the current or former political representatives or military personnel ...
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