By Adonia Agayan YEREVAN, December 07 — The Central Bank of the Republic of Armenia came down with the decision to keep the refinancing rate of 7.25 percent unchanged. As compared to October, in November the inflation made up 1.6 percent. As a result, the 12-month indicator of inflation comprised 9.6 percent, having increased by [...]

By Victoria Vardanyan YEREVAN, August 23– In January-June the average market prices for apartments in Yerevan increased by 1.3 percent per 1 square meter compared with the same period in 2009, according to the report of the State Committee of Real Estate Cadastre of Armenia. According to the Cadastre, in the first six months of [...]

By Victoria Vardanyan YEREVAN, July 28– The State Revenue Committee issued a list of 300 largest taxpayers in Armenia. Almost no changes are observed in the list. Again, major importers of fuel and cigarettes, mobile operators and companies in the field of regulated tariffs, are in the list of biggest taxpayers in the country. The [...]

By Victoria Vardanyan YEREVAN, July 26– Armenia’s Administrative Court dismissed a lawsuit against the tariff increase for natural gas filed by the oppositional Armenian National Congress on behalf of thousands of affected consumers. On what basis the court dismissed the claim is still unclear. The Administrative Court of Armenia  dismissed a lawsuit on April 13 filed [...]

By Alexander Tagvoryan YEREVAN, July 14–The Central Bank of Armenia released a statement announcing that it has left the refinancing rate unchanged at 7.25 percent. In June 2010, the deflation against May of the same year was at 0.8 percent. The inflation rate during the 12 months amounted to 5.8 percent, which is 0.5 percent [...]

    YEREVAN (ARKA, Yerevan Report), June 18–Aristomene Varoudakis, the head of World Bank Yerevan Office, said today the World Bank will provide Armenia with $424 million worth of assistance before the end of the first quarter of 2011. Additionally, he said that Armenia’s full-year GDP growth may amount to 4-5 percent this year. Regarding the inflation [...]

YEREVAN (ARKA), March 31–The natural gas price rise in Armenia will drive up inflation 0.5 percent, Gurgen Martirosyan, chief of Armenian National Statistical Service’s unit on prices, said Tuesday at a press conference. “Gas expenses are included in subsistence. If gas prices go up, but prices for other services remain unchanged, the gas price rise [...]