By Vigen Margaryan YEREVAN, September 17 — The Minister of Economy of the Republic of Armenia Tigran Davtyan and the U.S. Agency for International Development director of Armenian mission Dr. Jatinder Cheema signed two agreements in Yerevan today to increase the volume of aid allocated to Armenia to $8.791.720. The two assistance agreements in support [...]

By Adonia Agayan Yerevan, September 14 — “Yerevan Brandy Factory will restart the legendary “Dvin” brand, which was British Prime Minister Winston Churchill’s favorite drink,” said Ara Grigoryan, the Managing Director of Yerevan Brandy Company of the Republic of Armenia. “In two or three weeks there will be new “Dvin” in new packaging design. It [...]

By Adonia Agayan YEREVAN, October 23 — This year the Republic of Armenia has exported 55,000-57,000 sheep to Iran thus far. “The number of sheep exported from Armenia to Iran amounted to 55,000-57,000, out of which 10,000-15,000 were imported from Georgia and transported to Iran,” said Gerasim Alaverdyan, the Minister of Agriculture. Armenia exports sheep [...]

By Adonia Agayan YEREVAN, October 1 — Yesterday Guillermo Tolosa, the International Monetary Fund (IMF) Resident Representative in Armenia, announced that the fund will allocate the Republic of Armenia about $56 million by year’s end. He said that on September 9-24 the IMF Mission headed by Ratna Sahay, the Deputy Director of IMF Middle East and Central [...]

By Adonia Agayan YEREVAN, September 24 — Serge Sarkisian, the President of the Republic of Armenia, highly appreciated ACBA-Credit Agricole Bank’s participation and investment in Armenia’s banking system. At the meeting with Jean-Marie Sander, the Chairman of ACBA-Credit Agricole Bank, the president said that the bank greatly participates in Armenia’s economic life, particularly in the sphere [...]

By Alexander Tagvoryan YEREVAN, September 16 – The 2010 state budget deficit of the Republic of Armenia will not exceed 4 percent, although it was expected to be 6 percent, the Minister of Finance Tigran Davtyan informed. “Today, the main task of the government is to reduce the budget deficit. This year’s deficit was planned at 6 percent [...]

By Victoria Vardanyan YEREVAN, August 23– The GDP in Armenia increased by 4 percent in January- July compared with the same period last year, reports the National Statistical Service of the Republic. According to statistics, in January-July compared with the same period in 2009 an increase of 7.4 percent in consumer prices was fixated. At [...]