The decision of the Armenian Central Bank to raise the minimum capital requirement for commercial banks to 30 billion drams instead of the current 5 billion drams from January 1, 2017 will not ease the problems and possible crisis in the financial system.
The escalation in Karabakh conflict zone and along the Armenian-Azerbaijani border dramatically increased within the previous year. The ceasefire violations have geographically expanded, with the tension remaining so heightened that it is measured with the number of casualties.
Those who demanded the 2015 Gyumri murder to be investigated in Armenia were labeled as opposition, with their position being described as anti-Russian whilst the events grew into a hot-button issue. Such opinion was expressed by the speakers today at the Media Center hosted press conference. The speakers included: Hranush Kharatyan, ethnographer; Zaruhi Muradyan, artist; and Karine Danielyan, head of the Association for Human Sustainable Development.
The fact that Valery Permyakov - a conscript soldier from the Russian 102nd Military Base who is accused of a mass murder in Gyumri – is put into the custody under the Russian jurisdiction is a decision made under political pressure.
Armenia will present its Universal Periodic Review (UPR) in Geneva on January 22, 2015. The UPR defines the human rights performance of Armenia.
“The UN UPR is not a most effective mechanism,” said Levon Barseghyan, President of the Asparez Journalists’ Club, Gyumri, adding that Armenian delegates fail to properly present several issues in the report.
There haven’t been any positive systemic changes at penitentiary institutions (PI) of Armenia during the last 10 years. The changes were localized but the systemic problems such as criminogenic manners, low level of medical care, overcrowding at prisons, total implementation of arrest as a preventive measure and corruption still remain.
There is observed little progress in solving the issue of providing lodgings to orphanage alumni. After the failed state program 300 alumni are still waiting, with many of them living in humiliating conditions in half ruined dormitories.
Gevorg Safarian was assaulted just hours after attending a demonstration staged by dozens of fellow members of the PreParliament opposition movement outside the Armenian police headquarters. They protested against a series of arson attacks on cars belonging to PreParliament activists.
The Armenian dram plunged 4 points within few days. This multifactorial phenomenon has a negative impact on Armenia's economic indicators. The recent devaluation, experts believe, will not lead to a greater purchasing power of transfer payments, as expected by the Central Bank, since 85 percent of transfer payments come in rubles from Russia. The Russian ruble has recently dropped 35 percent.
Armenian experts in HIV/AIDS prevention and treatment point out a set of issues in Armenia, namely low public awareness, unavailability of medical services, discrimination towards people with HIV/AIDS.
The pension reform bill enacted on July 1 this year sparked complaints among young lecturers and researchers.
According to the data Armen Ashotyan, Minister of Education and Science, published on November 12, 120 young lecturers and researchers out of 470 have already resigned․The other 350 are expecting the problem to be resolved soon.
The indignation is aroused by the interim provisions of the pension reform according to which public sector workers born after January 1, 1974 cannot waive the obligation of making pension contributions.