‘Economics’

  • Nitric Fertilizers’ First Lot Reaches Armenia
    2,865 tons of high-quality fertilizers have been imported from Ukraine. Prime Minister Tigran Sargsyan attended the unloading of the imported fertilizers at Red Hill railroad station. The head of government was reassured of the high quality of fertilizers as he asked the opinion of those in charge of agriculture and stakeholders. A total of 25 t nitrogen-rich fertilizers...
    February 20, 2012 18:29
  • Government Supports the Production Company’s Investment Program
    Prime Minister Tigran Sargsyan visited Yerevan “Ararat” food factory, in particular, the juice production plant. The Prime Minister, accompanied by the RA Ministers of Agriculture and Economy Tigran Davtyan and Sergo Karapetyan, got acquainted with the company’s production opportunities and projects. The factory has been producing a wide range of natural juices since...
    February 17, 2012 13:07
  • Seismic Security Level will Increase
    Regular sitting of RA Government took place today, chaired by Prime Minister Tigran Sargsyan. The Executive took note of the report of the Office of the Government, according to which 100% of 146 due to implementation points of RA Government’s decision on “establishment of RA Government’s 2011 priority tasks and activities” has been implemented. RA Government has...
    February 16, 2012 13:05
  • Serious Political Decisions Adopted
    A Cabinet sitting was held today, chaired by Prime Minister Tigran Sargsyan. Before proceeding to the agenda, the head of government highlighted some issues which were described as of serious political relevance. Guided by the fundamental principle of human capital development, understanding that well-being is provided through high-standard education and professional qualification,...
    February 2, 2012 14:54
  • Tigran Sargsyan Dwells On Post-Crisis Economic Policy Threats And Remedies
    On January 29, Prime Minister Tigran Sargsyan traveled to Tsakhkadzor to meet with the students of the Yerevan School of Political Studies. The head of government delivered a lecture entitled “Post-crisis economic policy: challenges and opportunities” The lecture was attended by Deputy Foreign Minister Shavarsh Kocharyan, as well as U.S. and Finnish Ambassadors to...
    January 30, 2012 15:31
  • Government Consistently Improves Business Environment
    A Cabinet sitting was held today, chaired by Prime Minister Tigran Sargsyan. Before proceeding to the agenda, the Prime Minister touched upon the quality of State-administered services, mentioning both the achievements and shortcomings. The Executive discussed and approved the signing of a cooperation agreement between the Government of the Republic of Armenia and the...
    January 19, 2012 13:52
  • North-South Road Corridor Council Holds Regular Meeting
    The North-South Road Corridor and Sustainable Urban Development Investment Program Governing Council met at Government, chaired by Prime Minister Tigran Sargsyan. The Council examined the amended technical proposal for the design, construction management and oversight of the two nodes of Yerevan western ring-road project and corresponding consulting services. After an...
    January 17, 2012 12:17
  • Annual support in a total of 270 million AMD from CRONIMET Charity Foundation
    CRONIMET Mining AG has undertaken serious corporate social responsibility in our country. During the holiday season children in various orphanages and care centers throughout Armenia receive many gifts from charitable organizations, and this is being covered by the mass media. Taking into account that the CRONIMET Charity Foundation carries out numerous support programs...
    January 17, 2012 6:30
  • 2012 Government Program of Activities and Priorities Approved
    The government held its first sitting of 2012, chaired by Prime Minister Tigran Sargsyan. Congratulating the cabinet members on New Year and Christmas, the Prime Minister wished them fruitful work. The government approved the government’s program of activities, its rationale, as well as the priorities and the underlying principles for 2012. The program includes 135...
    January 12, 2012 12:46
  • All Welfare Payments Increased
    The Cabinet met in their last sitting of 2011, chaired by Prime Minister Tigran Sargsyan. Pursuant to amended government decree, base pension rate will be up about 24% as of January 1, 2012, from AMD 10,500 to AMD 13 thousand. The average retirement pension will be 31,300 dram instead of 28, 700 (9 percent growth), welfare pensions will average 16, 500 instead of 13, 200...
    December 29, 2011 19:26
  • Armenia’s Industrial Development Strategy Was Presented
    Prime Minister Tigran Sargsyan participated in the economic seminar organized by the Republican Party of Armenia at Tumo Center for Creative Technologies in Yerevan. Therefore, Armenia’s industrial development strategy was presented. The seminar was attended by Government and the National Assembly, as well as business sector representatives. Greeting the participants...
    December 5, 2011 16:56
  • WINE AND CHEESE TASTING HELD IN THE U.S. EMBASSY
    On December 2, the Center for Agribusiness and Rural Development (CARD) and the U.S. Embassy held their annual Wine and Cheese Tasting.  Each year, this event allows retailers, restaurant owners, local vendors, and members of the international community to sample wine and cheese produced by Armenian producers supported by USDA/CARD.   This year, 10 cheese producers...
    December 2, 2011 19:04
  • Finalized 2012 Budget Bill To Be Sent To National Assembly
    A Cabinet sitting was held today, chaired by Prime Minister Tigran Sargsyan. The government approved the amended FY2012 budget bill as submitted to the National Assembly on September 30, 2011, and the finalized list of proposals and conclusions presented to the government by National Assembly standing committees, parliamentary groups, factions and individual MPs during...
    December 1, 2011 13:11
  • Investment Projects are Encouraged
    Cabinet sitting chaired by Prime Minister Tigran Sargsyan was held today. First of all the Prime Minister, on behalf of the RA Government, congratulated the Armenian students on the International Students’ Day and wished them success. The Government has decided to delay the payment of VAT, calculated by the tax authorities, of ‘ASKE GROUP’ JSC until October 17, 2014,...
    November 17, 2011 12:45
  • Money to Be Provided for Disaster Prevention
    Government sitting, chaired by Prime Minister Tigran Sargsyan, was held today. Before the sitting, the Prime Minister gave a speech about the World Youth Day, celebrated on November 10: I would like to congratulate our young people on behalf of the RA Government, wish them success, happiness and energy, so that, in confronting the challenges of the modern world, they ensure...
    November 10, 2011 13:47
  • RPA First Economic Forum Kicks Off
    This morning, the Republican Party of Armenia started its first economic conference in Yerevan. The economic forum was opened by President Serzh Sargsyan’s message which was presented Chief Economic Adviser to the President Aram Gharibian. Welcoming the conference participants, the Prime Minister stated in part: “Developing and conducting the first economic conference,...
    October 30, 2011 14:31
  • The RPA has sufficient intellectual and human potential to ensure prosperous and dignified life for citizens: Statement by Prime Minister Tigran Sargsyan at RPA economic forum
    Dear colleagues and conference participants. Developing and conducting the first economic conference, Republican Party of Armenia, seeks to brief party members, colleagues and society on the country’s economic situation, which is first of all the Party’s responsibility by virtue of the votes received from the citizens of the Republic of Armenia. Armenia’s economic...
    October 30, 2011 14:28
  • PM Prompts Agency Heads To Discuss Topical Issues With Environmentalists
    Chaired by Prime Minister Tigran Sargsyan, the National Sustainable Development Council met in the Office of Government. The participants discussed and approved a package of proposals to be submitted by the Republic of Armenia at the 2012 United Nations’ Rio +20 World Summit to be held in Rio de Janeiro next year. The proposals are drafted by the joint task force of...
    October 28, 2011 16:32