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Economist: Economic growth has not considerably affected ordinary Armenia citizens living standard

Economist: Economic growth has not considerably affected ordinary Armenia citizens living standard
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Economist: Large flow of tourists, resettlers from Russia has changed Armenia s unfavorable economic situation

Economist: Large flow of tourists, resettlers from Russia has changed Armenia s unfavorable economic situation
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Economist presents data on gas prices in Armenia during tenure of three leaders

Economist presents data on gas prices in Armenia during tenure of three leaders Economist Suren Parsyan, the head of the Economic Research Office of the ARF Bureau, has presented data on the Russian natural gas tariffs in Armenia during the tenure of three leaders – Robert Kocharyan, Serzh Sargsyan and Nikol Pashinyan. Ove the past 20 years, the gas prices for Armenian consumers increased almost threefold, which has had a negative impact on the economy and the living standards of the people,” he wrote on Facebook. “The Russian gas prices have always depended on political and economic factors. Of course, in the case of Armenia, the political agreements played a key role, but they were accompanied by the transfer of state property of Armenia to the Russian side, in particular, the alienation of the Hrazdan 5th power unit, 20% state share of ArmRosGazprom CJSC, Armenia-Iran gas pipeline, as well as the pre-emptive right to join the 400 kV Armenia-Georgia power transmission lin

Economist presents unemployment rate in Armenia during tenure of three leaders

Economist presents unemployment rate in Armenia during tenure of three leaders Economist Suren Parsyan, the head of the Economic Research Office of the ARF Bureau, has presented the unemployment rate in Armenia during the tenure of three leaders – Robert Kocharyan, Serzh Sargsyan and Nikol Pashinyan – from 2001-2019. “Since 2008, the standard definition of unemployment has been used, which was revised in 2018 to properly reflect new developments in the labor market, to ensure the timeliness of labor statistics and international comparability,” he wrote on Facebook. “The review is based on the key provisions of the “Resolution concerning statistics of work, employment and labor underutilization” adopted by the 19th International Conference of Labor Statisticians in 2013,” the economist said.

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