‘Economics’

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    President Sargsyan invited a meeting on the priorities of the economic policy
    President Serzh Sargsyan invited today a meeting on the priorities of the economic policy. The meeting was attended by Prime Minister Tigran Sarkissian, Head of the Presidential Administration Karen Karapetian, Vice Prime Minister, Minister of Territorial Administration Armen Gevorkian, Head of the Central Bank Arthur Javadian, Ministers of Economy, Finance, Agriculture,...
    March 11, 2011 20:59
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    MCA-Armenia SNCO Governing Council meets in Government
    The Governing Council of Millenium Challenge Account-Armenia SNCO met at the Office of Government, presided at by GC Chairman, Prime Minister Tigran Sargsyan. The Council has discussed and approved a package of application and attached documents for the 19th disbursement under the program to be submitted to the MCC for endorsement. Under the mentioned request, the MCA-Armenia...
    March 11, 2011 16:32
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    Stabilization of retail prices targeted
    A cabinet sitting was held today under the chairmanship of Prime Minister Tigran Sargsyan The meeting took note of the 2010 national report on activities against human trafficking. The government approved a package of draft amendments to the law on trade and services and the code of administrative offences of the Republic of Armenia. The amendments envisage the government’s...
    March 10, 2011 15:06
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    Government’s tourism development-oriented efforts take effect
    Prime Minister Tigran Sargsyan attended today the presentation of www.armhotels.am , Armenia’s first-ever online hotel booking system Presented by “RUMEA” Tempting Trips Club, the business program on the launch of www.armhotels.am online booking system was approved in September, 2009 by the Prime Minister-headed Operative Staff which seeks to support development...
    March 4, 2011 19:18
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    Inspection reform coordinating council holds second sitting
    The Council on Coordination of Inspection Reform held its second sitting at the Office of Government. The council discussed amendments to the law on organization and conduct of inspections in the Republic of Armenia. The Prime Minister ordered to summarize the proposals and recommendations voiced at the meeting and submit them to the task force within a week’s time. The...
    March 4, 2011 17:33
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    President Serzh Sargsyan invited a meeting on the Sevan Lake issues
    Today, President Serzh Sargsyan invited a meeting on the Sevan Lake issues, which was attended by the members of the Sevan Lake Commission created by the decision of the President and the Heads of relevant state bodies. The Head of the Commission Vladimir Movsissian presented activities of the Commission, the course of implementation of the tasks assigned by the President...
    March 4, 2011 15:32
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    Construction permits to be issued within 27 days
    At today’s cabinet sitting, the government decided to amend the norms applicable in the sphere of construction. By this business-friendly arrangement, the government tends to reduce the number, the duration and the cost of procedures necessary for the conduct of urban development activities. It implies greater safety from the environmental and healthcare standpoints. According...
    March 3, 2011 17:37
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    Business environment set to improve
    A cabinet sitting was held today under the chairmanship of Prime Minister Tigran Sargsyan The Prime Minister directed the ministers and agency heads to be more active in making public speeches and introducing the State policy to the public-at-large. The Cabinet amended a previous decision stipulating that the purification of precious metals and the production of banking...
    March 3, 2011 14:46
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    Prime Minister attends “Bridge” forum
    Prime Minister Tigran Sargsyan attended today the 8th international “Bridge” economic forum in Tsakhkadzor. Addressing the forum, the head of government highlighted Armenia’s commitment to hosting international conferences. According to the Prime Minister, the forum should focus on the ways of ensuring macroeconomic stability in the wake of the global crisis. In...
    February 26, 2011 22:24
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    No gas price rise for Armenia
    The gas price for Armenian consumers will not be raised this year. Moreover, it will be reduced for socially vulnerable sections of population, stated RA Presidential Spokesman Armen Arustamyan. “We are satisfied with the meeting between Armenian President Serzh Sargsyan and Russian President Dmitry Medvedev. During the talks in Saint Petersburg the sides reached...
    February 26, 2011 0:37
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    Pace of business environment-related reforms discussed
    The Business Support Council met in the Office of Government, chaired by head of council, Prime Minister Tigran Sargsyan. Underscoring the importance of business-friendly reforms, the head of government reminded that securing a place within the top 10 ranking of Doing Business was one of the priorities of the President’s electoral platform. Speaking on the pace of those...
    February 25, 2011 20:05
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    Socially-oriented decisions prevail
    A cabinet sitting was held today under the chairmanship of Prime Minister Tigran Sargsyan The cabinet backed the procedure to follow in extending treasury loans to citizens for customs clearance purposes for such means of transportation imported under the temporary import regime. To this end, the Ministry of Finance was allocated AMD 300mn to be supplemented if necessary....
    February 24, 2011 15:44
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    Diamond boom in Armenia
    Reports by the State Revenue Committee of Armenia show “diamond boom” in the country. Last year, Armenia’s diamond exports totaled 477,000 carats – a 5.6-fold increase as compared with 2009. The country’s diamond imports totaled 649,000 carats – a 3.2-fold increase compared with 2009. Thus excess of imports over exports shows the country’s jewelry industry...
    February 24, 2011 14:32
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    ARWDF 2010 annual activity report, financial statement approved
    Armenia’s Reforestation and Woodland Development Fund (ARWDF) Board of Trustees met in the Office of Government, chaired by BOT chairman, Prime Minister Tigran Sargsyan. ARWDF Executive Director Vladimir Movsisyan presented the Fund’s 2010 annual activity report referring to reforestation and woodland development efforts carried out in Armenia during 2010. The Board...
    February 23, 2011 18:11
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    Tigran Sargsyan and Asad Alam trace out areas for deepening cooperation
    Prime Minister Tigran Sargsyan received today WB Regional Director for Europe, Central Asia and South Caucasus Asad Alam. Discussed were issues concerning Government-World Bank cooperation. Mindful of ongoing projects’ continuity, the parties have discussed ways of furthering interaction in the framework of Country Partnership Strategy for 2009-2012 and looked at such...
    February 22, 2011 18:02
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    Lecture on Armenian economy development prospects
    Today Prime Minister Tigran Sargsyan delivered a lecture for commissioned army staff in the Ministry of Defense. Concerning the key points of his lecture, Tigran Sargsyan noted in part: “I wish to speak on the social and economic problems facing us today. I think that either you are eager to be briefed on the economic situation in Armenia, including the programs carried...
    February 22, 2011 9:07
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    President Serzh Sargsyan held a meeting with the Board of the Central Bank and members of the finance and credit committee
    Today, in Tsakhkadzor President Serzh Sargsyan held a meeting with the Board of the Central Bank and members of the finance and credit committee. Participants to the meeting discussed the peculiarities of the ongoing inflation, main factors that define the inflation, including price trends at the international commodity and raw material markets and their impact on the...
    February 19, 2011 20:16
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    14.000 farmers to get free seeds
    A cabinet sitting was held today under the chairmanship of Prime Minister Tigran Sargsyan To proceed with the actions envisaged under the Community Farming Resource Management and Competitiveness Facility, the Ministry of Agriculture was allocated USD 450 thousand- equivalent drams to be reimbursed after approval and effectiveness of said credit facility. The program will...
    February 17, 2011 14:11
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