- In 2008, the national debt amounted $ 1.5 billion - 13% of GDP. In 2013, it increased by 2.5 times and amounted to USD 3.9 billion, in 2015 the debt is USD 4.6 billion; it has grown three times compared to 2008. GDP fell...
Daily Archives: June 19, 2015
Before voting had started, Zaruhi Postanjyan, Head of opposition Heritage faction, urged the MPs to vote against the bill alienating Haypost. The new owner, according to the lawmaker, might consequently refuse to...
Electricity Rate in Armenia Will Go Up as Long as the National Electric Utility Is Managed Ineffectively
Electric Networks of Armenia, as stated by the journalist, has an annual profit of USD 0,5 billion, of which 12% (USD 60 million) is lost. In the case of the ENA, technical losses amount to about 3-5%; the rest is pocketed...