“Armenia’s Public Debt to Reach 48.4% in 2024: Central Bank Chairman Calls for Sustainable Management”
The public debt of Armenia will reach 48.4% in 2024, below the recommended 50%. The Chairman of the Central Bank, Martin Galstyan, highlighted government’s efforts for fiscal consolidation to mitigate macroeconomic risks.
Armenia’s Economy Defies Setbacks, Achieves Robust Growth with Effective Policies, Minister of Finance Reports
Armenia’s economy shows stable growth, thanks to effective policies by the government and central bank. Construction sector maintains growth, with a projected increase of 7% in 2023. Favorable conditions could lead to even higher growth.
“Armenia’s Bold Budget: Defense Dominates with 41% Allocation for 2024, Signaling Strong National Security Focus”
Armenia plans to allocate 41% of capital expenses for defense in 2024, according to the draft budget. Defense spending will reach 555 billion drams, a 7% increase compared to 2023.
“Government Meeting Breaks Tradition! Find Out Why It’s Being Held on Friday, November 17th”
Government meeting rescheduled for November 17 at 11:00 instead of usual Wednesday scheduling. Meeting moved due to National Assembly’s discussions on draft state budget for 2024. Ministers attending. News from Armenia.
“Armenia’s Military and Emergency Services Face Leadership Crisis: Unfilled Positions Raise Concerns”
In Armenia, military service lasts more than 3 months, causing concerns about its duration. Rumors suggest that a former official’s dismissal was due to security risks. The Ministry of Emergency Situations also struggles to find a suitable candidate. For more details, visit the website of “Published” magazine, news.am.
“Tension Among Yerevan Mayor’s Offices Escalates as Scandal of Embezzlement Surfaces”
The tension between Yerevan’s mayor’s office and administrative regions continues due to reported violations. Layoffs have been delayed to avoid negative effects on upcoming elections and a loan decision. Several officials, including the Deputy Mayor, are accused of pressuring organizations for salary payments. They are also being questioned for embezzlement during procurement, with suspicions of inflated prices.
“Public Council Takes Action Against Officials in Armenia for Contradicting Martial Law Declaration”
The Public Council on Declaring Martial Law in Armenia is taking action against high-ranking officials who made statements opposing martial law. They have requested information on officials’ business ties and undeclared assets. Comparative studies are being conducted, leading to a new process. For more information, read “Zhoghovurd.”
Iraqi Supreme Court Suspends Power of Parliamentary Speaker Halbousi, Crippling Authority of Prominent Sunni Politician
Iraqi Supreme Court suspends parliamentary speaker’s powers, crippling authority of powerful Sunni Muslim politician. Decision linked to dispute over investigation conducted by Supreme Judicial Council. Court’s decision final and cannot be appealed.
“Armen Grigoryan Praises CSTO Mission’s Work and Reinforces Armenia’s Support”
Armen Grigoryan attends CSTO military assessment meeting, praises mission’s work and reaffirms Armenia’s support. Focus on Armenian-Russian military cooperation and future collaboration.
Healthcare Professionals in Armenia Engaging in Cash Payments for Medical Services instead of State Healthcare Vouchers, Reveals Deputy Minister
Healthcare professionals in Armenia are demanding cash payments from citizens for medical services, indicating corruption in the healthcare system. The Deputy Minister of Healthcare expressed concern and vowed to address the issue. The government is focused on addressing the country’s challenges, but corruption remains a significant concern. The Deputy Minister promises to catch those involved in corruption.