The budget of Yerevan sets the priorities of the economy of the city for the upcoming year. In the budget the planned level of revenues, as well as its structure is presented. In addition, the planned level of expenditures and its distribution by functional and economic classifications are determined. The forecasting of revenues and expenditures is followed by the planning of the budget deficit and the sources of financing it. Given the importance of this document and the programs embedded there, the present analysis aims to assess whether the budget of Yerevan and its structure are consistent with the problems confronting the city. Full material is only available in Armenian.
In the present analysis, given the data published by the Statistical Committee of the RA, we study the recent social-economic developments in the economy of the RA. In particular, we consider the cumulative indicator of economic activity of the given month, its sectoral distribution, as well as the dynamics of individual sectors of the economy. We also analyze economic developments in the foreign trade, labour market and fiscal system of the RA. In addition, some aspects of the financial system (inflation, deposits and loans), as well as the behaviour of the exchange rate, are touched upon. Full material is only available in Armenian.
The study of indicators and indices published by international organizations allows to address two important problems. First, to assess the performance of the RA in the given period with the help of comprehensive numerical measures, as well as to make intertemporal comparisons in order to understand whether the country moves in the desirable direction. Second, to compare the performance of the RA with other countries to ascertain Armenia’s relative position in the region and Eurasian Economic Union. These results are important, since they help to derive the comprehensive assessment of the economic situation, which is needed both for the public and the private sector. The present analysis is aimed at addressing the foregoing problems. Full material is only available in Armenian.
The process of political changes in Armenia in 2018 was accompanied by strong criticism of issues related to business and the investment environment, promises of creating a fair competitive environment and equal economic opportunities for all, encouraging investment and ensuring economic growth.
The promises of the revolutionaries were reflected to some extent in pre-election programme of “My step” Alliance, which received the support of the majority of Armenian citizens in the 2018, as well as in the "Program of the Government of the Republic of Armenia" adopted on February 8, 2019.
The purpose of this study is to assess the effectiveness of the activities of the Government of the Republic of Armenia in terms of keeping the promises made in the above programs. Full material is available only in Armenian.
The cooperation between the Republic of Armenia and the European Union started from the very first day of Armenia's independence, and today, it has become one of the important directions of the foreign policy of Armenia. The signing of the Armenia - EU Comprehensive and Enhanced Partnership Agreement (CEPA) in 2017 marked the beginning of a new era of cooperation between Armenia and the EU.
This study presents the promises made by the Government of the Republic of Armenia regarding the implementation of the CEPA, documents, programs and strategies developed by the Government of the Republic of Armenia for implementation of the agreement, as well as the EU support mechanisms and tools provided for implementation these policy documents. Full material is only available in Armenian.
Political changes in 2018 created new opportunities and expectations for the socio-economic development of the country. Ideas of these changes were reflected in pre-election programme of “My step” Alliance, which received the support of the majority of Armenian citizens in the 2018, as well as in the "Program of the Government of the Republic of Armenia" adopted on February 8, 2019.
These programs also reference to the importance of the development of small and medium-sized enterprises and describe main stapes and measures aimed at achieving these goals. This study presents the promises made by the Government of the Republic of Armenia to SME development and analyses the steps taken by the Government for the implementation of that promises in period 2018-2019. Full material is only available in Armenian.
In April-May 2018, the political changes took place in Armenia, the ideas of which were reflected in pre-election programme of “My step” Alliance, which received the support of the majority of Armenian citizens in the 2018, as well as in the "Program of the Government of the Republic of Armenia" adopted on February 8, 2019. According to the Programme of the Government of Armenia “During the upcoming five years the activities of the Government of the Republic of Armenia will be aimed at building competitive and inclusive economy in the Republic of Armenia that … is export-oriented.”
This study presents the promises made by the Government of the Republic of Armenia to promote exports and analyses the steps taken by the Government for the implementation of that promises in period 2018-2019. Full material is only available in Armenian.
In the present analysis, given the data published by the Statistical Committee of the RA, we study the recent social-economic developments in the economy of the RA. In particular, we consider the cumulative indicator of economic activity of the given month, its sectoral distribution, as well as the dynamics of individual sectors of the economy. We also analyze economic developments in the foreign trade, labour market and fiscal system of the RA. In addition, some aspects of the financial system (inflation, deposits and loans), as well as the behaviour of the exchange rate, are touched upon. Full material is only available in Armenian.
The objective of the present analysis is to assess the execution of the state budget of the RA in the given period. First, we describe the general state of the economy of the RA, namely the driving forces of economic activity, the developments in individual sectors of the economy, the behavior of the components of the demand – consumption and investment – and so on. Afterwards, we analyze the performance of government revenues and expenditures by comparing the actual and planned values of the respective indicators. We conclude the analysis by summarizing the main observations and results. Full material is only available in Armenian․