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Armenia finance minister: National debt of more than $10 billion is safe

There is no fear that the current level of Armenia's national debt can create problems. Minister of Finance Vahe Hovhannisyan told Armenian News-NEWS.am about this in the National Assembly Monday, referring to the fact that Armenia's national debt has exceeded $10 billion. "We have always said that…
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Oct. 30, 2023

Armenia official: We will not increase pensions, minimum wages in 2024

In 2024, an 8-percent increase in wages will occur in the labor market of Armenia due to various economic developments.…1
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Oct. 30, 2023

Armenia finance minister: Considerable part of €2.6 billion to be provided by EU is loan

That €2.6 billion euros is not a gift; a considerable part of it is a loan. Minister of Finance Vahe Hovhannisyan told …1
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Oct. 30, 2023

Around 12kg narcotics attempted to be smuggled into Armenia from Iran

A case of smuggling large quantities of narcotics from Iran to Armenia was found out and prevented, the National Securi…1
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Oct. 30, 2023

Armenia's Pashinyan: There is serious progress in North-South motorway construction

There is serious progress in the construction of the North-South motorway. Prime Minister Nikol Pashinyan stated about …1
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Oct. 30, 2023

Russia’s Makhachkala airport resumes operations

The airport of Makhachkala, the capital of Dagestan Russia, is open for full operation again, reported the Russian Fede…1
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Oct. 30, 2023

Armenia, Ukraine officials underscore Pashinyan-Zelenskyy first meeting

The Secretary of the Security Council of Armenia, Armen Grigoryan, met with Andriy Yermak, Head of the Office of the Pr…1
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Oct. 30, 2023

Premier: Armenia defense spending planned to be increased by 125% in 2024 compared to 2018

Armenia's defense spending is planned to be increased by 125 percent, or 309 billion drams (approx. $772 million), in 2…1
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Oct. 30, 2023

Lawyer: Maestro Sergey Smbatyan is acquitted

Maestro Sergey Smbatyan, the artistic director and chief conductor of the Armenian State Symphony Orchestra, has been a…1
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Oct. 30, 2023

Armenia defense sector capital spending planned in amount of around $1.4 billion in 2024

In 2024, capital spending in the defense sector in Armenia shall amount to about 555 billion drams (approx. $1.4 billio…1
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