Gagik Minassian, the Chairman of the NA Standing Committee on Financial-Credit and Budgetary Affairs, learnt about arrests and tax audits conducted at enterprises belonging to Armenian MP Khachatur Sukiassian from the press.

The demand for the US dollar has significantly fallen, the representative of the International Monetary Fund (IMF) in Armenia Nienke A. Oomes noted.

December 14, a syndicated loan agreement to a total value of 15 million USD was signed between the Armenian ArmEconomBank and the European Bank for Reconstruction and Development (EBRD).

“I do not know, why the tax check-ins carried out in the enterprises of businessman, NA Deputy Khachik Sukiassyan are connected with politics and whether this tax-payer has been selected by the computer program or not.

The amendments to the tax law, particularity, amendments to the simplified tax, already bother small and middle entrepreneurs.

“Dollar-dram fluctuations in Armenia are rather determined by a mutual criminal consent between Armenia’s President and the Central Bank than by rise in prices at the international market,” Armenia’s former premier Hrant Bagratian told A1+.

The Executive Board of the International Monetary Fund (IMF) has completed the fifth review of Armenia’s economic performance under the three-year Poverty Reduction and Growth Facility (PRGF) arrangement.

Food prices keep on rising in Armenia despite the ongoing devaluation of the dollar. Economists disagree with the government’s statement that the recent rise in prices is determined by prices at the international market.

Fishery has been banned in Lake Sevan since November 15. The RA Ministry of Environment Protection has imposed a ban on fishery till December 25.

“In our country all economic issues are connected with politics. Problems with Khachatur Soukiasyan emerged when he stood next to Levon Ter-Petrosyan”, said economist Eduard Aghajanov to “A1+”,

“The recent rise in prices in the Republic of Armenia is determined by rises at European markets,” said Ashot Shahnazarian, the Chairman of the State Commission for the Protection of Economic Competition (SCPEC).

“No unexpected incidents have occurred in our legislation or administrative management that would make our businessmen rise prices”, said Armen Alaverdyan, Deputy Head of the State Tax Service in the interview with “A1+”.

"The World Bank does not have evidences of deception or inadequate management on the Yerevan water supply program", announced Aristomene Varoudakis, Head of the Yerevan Office of the World Bank reflecting on the British engineer’s accusations.

Millennium Challenge Account – Armenia today announced the award of a consulting contract for the Environmental and Social Assessment and Oversight to “Mott MacDonald” Ltd. The contract was signed by MCA-Armenia CEO Ara Hovsepyan and “Mott MacDonald” Managing Director James Perry.

“As a commercial organization “ArmRusGasArd” is interested in the residents’ becoming its subscribers, in order the money inputted in the gasification was returned soon.

The August 24 decision of the Commission for Regulating Public Services (CRPS) annulling ArmenTel’s exclusive rights to monopoly goes into effect on October 1.

The construction of Iran-Armenia gas pipe is over and now the Iranian part is waiting for “the signal to deliver gas to Armenia”.

“Dram revaluation is quite unnatural in a country like Armenia,” economist Zoya Tadevosyan said.

“The exchange rate of a dollar has reduced to its historical minimum, while in Armenia it has increased in 2 percent”, said economist Edward Aghajanov to “A1+” .

“A lot of young men were courting Viva Cell but the girl in fact chose the Russian MTS company,” said the owner of K-Telecom Pierre Fattush on September 14.

“Gazprom” understands the economic state in Armenia. According to Valeri Golubev, the in-coming Vice-President of Gazprom, it is proved by the fact that Russia sells gaz to Armenia by 110 dollars,

On July 13 the Public Services Regulatory Commission (PSRC) rejected ArmenTel’s bid to raise the tariffs on services.

A group of geodesists and platters began the preparatory works of constructing Kars-Akhalkalaki-Baku railway at about 07.00 a.m. in Kartsakh, on the border line of Georgia and Turkey.

Hussein Rifai, Member of the company’s Board informed that the company planned to enter the exchange market.