Residents of Yerevan will no longer be able to take advantage of an income tax refund system for mortgages that allowed middle-class families to purchase homes. The Government justified the move in order to boost construction in the regions.

Armenia's state debt is approaching $10 billion US, but to what extent is it manageable, and what risks does it have? Seda Ghukasyan explains.

Although betting companies are among the largest taxpayers in Armenia, the state has decided to implement laws restricting ads for online betting and lotteries to mitigate the spread of gambling in the country.

The Armenian dram has been rapidly appreciating against the U.S. dollar for months, creating problems for local businessmen and entrepreneurs.