June, 2015

• 19 June

  

  Government’s Amendments to Law on National Debt Open Horizons for New Debts: Opposition MP

  - 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...
• 19 June

  

  Armenian Parliament Approves Bill to Privatize National Postal Operator

  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...
• 19 June

  

  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...