Yerevan authorities have announced plans to replace 500 elevators in the upcoming year, having considered the incomes of the municipality and the savings from 2019 budget.
Armenia to surpass Azerbaijan and Georgia by GDP per capita. IMF
Armenian GDP per capita has surpassed that of Georgia and is projected to surpass Azerbaijan for the first time since …
Record number of passengers in Yerevan airport; new, affordable flight routs to Armenia
Zvartnots International Airport’s yearly passenger flow exceeded 3,000,000 for the first time in its history. Meanwhile, on January 3rd Ryanair budget airline announced new twice weekly routes from Gyumri to Athens and from Yerevan to Thessaloniki.
Amazon Web Services to collect Armenian VAT of 20%
I received a very interesting letter today. It said: “Effective May 1 2019, AWS will be required to collect Armenian …
Anthony Bourdain's Take on Armenia
So I went for a beer with a couple of friends and celebrity chef Anthony Bourdain turned up. Here’s what …
Armenia ranks 29th in World Economic Freedom 2017 report
Armenia’s ranking has registered a significant drop in this year’s World Economic Freedom 2017 report by the Fraser Institute. The …
Armenia is 79th in Global Competitiveness Report
For all the loud promises Armenian authorities are making about enhancing the countries competitiveness, Armenia is only 73rd among 137 …
Average salary in Armenia is higher than Azerbaijan, lower than Georgia
I came across this infographic on Настоящее Время, which shows average salaries in post-Soviet states in 2016-17. The data is …
Number of tourists set to grow in Armenia, tourism industry contributes 4% of GDP
We’re starting to see more tourists than usual in Armenia lately. Armenian authorities say they expect a 20% growth in …
Remittances comprised 11.3% of Armenia’s GDP in 2016. World Bank
According to this World Bank report, remittances comprised 11.3% of Armenia’s GDP in 2016. It is also interesting to look at …