Authorities avoid the word crisis
Authorities avoid the word crisis, but it certainly does exist. During six months the economic decline has been continuing, though it dropped to 3.4%. Many macroeconomic indexes are negative. If the indexes are not negative, then the pace of growth has slowed down. The situation is absolutely different. The non-oil sector, which has been growing in the past, experiences decline, which is first of all connected with the construction sector (dec...
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In a significant diplomatic move, President Kassym-Jomart Tokayev of Kazakhstan embarked on an official visit to Armenia, marking a pivotal moment in the relationship between the two nations. The meeting between President Tokayev and Armenian Prime Minister Nikol Pashinyan resulted in the signing of a joint statement aimed at fostering cooperation and easing tensions that had simmered between the two countries.
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