‘Economics’

  • Government to be penalized for default
    A cabinet sitting was held, chaired by Prime Minister Tigran Sargsyan. The government approved the procedure to follow in paying fines and penalties for delays in the refund of overpayments and/or other amounts. A first-ever estimate of penalties due for the period up to January 1, 2011 will be out by May, 1, 2011. Stating that the government is thereby going to apply...
    February 10, 2011 13:33
  • Governing Council meets in Government
    The North-South Road Corridor Investment Program Governing Council met in a regular sitting, chaired by council head, Prime Minister Tigran Sargsyan. First Deputy Minister of Transport and Communication Hrant Beglaryan reported back the results of the tender announced to select an arms-length monitoring agency for the program which were approved by the council. The meeting...
    February 9, 2011 14:13
  • Prime Minister Tigran Sargsyan: “Efforts will be made to redouble Armenian fish exports in 2011”
    Prime Minister Tigran Sargsyan attended the launch of a water meter installation pilot program at a fish-breeding entity in Sipanik village of Ararat Marz. In attendance were the ministers of agriculture and nature protection, government officials and local fish-breeders. Note that an arrangement to that effect was reached on February 3, 2011 at a consultative meeting...
    February 8, 2011 19:07
  • Tigran Sargsyan welcomes Lisa Kaestner
    Prime Minister Tigran Sargsyan received a delegation led by Head of IFC Investment Climate Advisory Service Europe and Central Asia Unit Lisa Kaestner. Welcoming the guests, the Prime Minister said to be highly appreciative of IFC activities aimed at improving the business and investment environment of Armenia and went on to stress the importance of continued cooperation...
    February 8, 2011 16:28
  • Tigran Sargsyan welcomes Scott Jacobs
    Prime Minister Tigran Sargsyan received Scott Jacobs, OSCE Yerevan Office-invited leading expert in regulatory reform. The meeting was attended by Head of the OSCE Armenia Office Sergey Kapinos. Scott Jacobs briefed the head of government on the global experience in the field of regulatory reform and the opportunities for implementation of such reforms in the Republic...
    February 4, 2011 16:01
  • Pension-lines to be ruled out
    A cabinet sitting was held today, chaired by Prime Minister Tigran Sargsyan. Reminding his previous directive concerning the streamlining of the process of pension payment, Prime Minister asked the Minister of Labor and Social Affairs what had been done to that end. Based on the comments of the Minister, the Prime Minister concluded that as from this March the pensioners...
    February 3, 2011 16:03
  • Water meters to be installed in Ararat Valley fisheries 2011-02-02
    Chaired by Prime Minister Tigran Sargsyan, a consultative meeting was held today at the Office of Government to discuss registration, effective management and maintenance issues concerning Ararat Valley underground water resources (inclusive of self-propelled sources). In attendance were members of government, stakeholder representatives and some 20 fishery managers from...
    February 2, 2011 19:20
  • Hearings of agency reports completed
    The Government heard today the 2010 annual report of the State Revenue Committee by the Government. State Revenue Committee Head Gagik Khachatryan reported back the activities carried out by the SRC in the period under review. In particular, he referred to the outcome of those actions implemented under the 2010 government program of activity and the status of the assignments...
    February 2, 2011 15:39
  • Armenian Development Agency managing board holds meeting
    Armenian Development Agency CJSC managing board met at Government, chaired by board chairman, Prime Minister Tigran Sargsyan. Under agenda item 1, ADA Director General Robert Haroutunyan reported back the status of previous meeting’s assignments. The 2010 annual activity report was presented to the Board members. In particular, Robert Haroutunyan referred to investment-oriented...
    February 1, 2011 17:02
  • Draft law discussed
    The Government of Armenia discussed amendments to the law on temporary disability allowances. The proposed amendments seek to remove the average monthly pay threshold taken as a basis during the estimation of female staff pregnancy and confinement benefits and reconsider the order set for the calculation of average monthly wages. It is stipulated that benefits will also...
    February 1, 2011 16:13
  • The government should be quick in responding to public concerns
    A cabinet sitting was held today under the chairmanship of Prime Minister Tigran Sargsyan Addressing those present, the Prime Minister said that the government should be quick in responding to public concerns. Tigran Sargsyan meant in particular the problems faced during the payment of January pensions concerning which the Ministry of Labor and Social Affairs gave clarifications. The...
    January 27, 2011 16:00
  • Farming efficiency agenda discussed
    Chaired by Prime Minister Tigran Sargsyan, a consultative meeting was held today in the Office of Government to discuss a farming efficiency enhancement-related agenda. In attendance were the minister and the deputy ministers of agriculture, marz governors, Public Council members other stakeholders. To begin with, the Prime Minister stressed that the meeting was dedicated...
    January 26, 2011 15:56
  • Legally functioning markets offer more than 3000 trading places
    On the instruction of the mayor of Yerevan the first deputy mayor Taron Margaryan held a working conference with the participation of the directors of about thirty Yerevan markets. Taron Margaryan highlighted that the process of regulation of the illegal open-air trading and its replacement to the established places will go on. “ The task is set to provide the people...
    January 24, 2011 21:58
  • Today the Government continued discussing 2010 ministry and agency activity reports.
    First, reports were delivered by the Minister of Territorial Administration, the Head of State Water Committee by the Ministry of Territorial Administration, the Ministers of Emergency Situations, Energy and Natural Resources, Sport and Youth Affairs and Agriculture. The Heads of State agencies spoke on the activities carried out in 2010 specifying the shortfalls recorded...
    January 19, 2011 17:50