‘Economics’

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    VAT Excluded from Imported Agricultural Resources
    Today’s cabinet sitting backed a bill on amendments to the law on VAT. Providing his comments at the news conference which followed the cabinet sitting, Minister of Agriculture Sergo Karapetyan noted that the bill was approved in line with the government’s agriculture-supportive policy. According to the minister, the farming sector cannot develop unless access is facilitated...
    May 20, 2011 14:06
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    Yerevan Airport Reconstruction Nearing Completion
    An Argentine company managing Armenia’s main international airport pledged on Wednesday to essentially complete its multimillion-dollar reconstruction and more than double the airport capacity this year. The Corporacion America group of Eduardo Eurnekian, an Argentine billionaire of Armenian descent, took over the Zvartnots airport near Yerevan in 2002 after signing...
    May 19, 2011 0:48
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    Border-crossing procedures to be simplified
    A cabinet sitting was held today under the chairmanship of Prime Minister Tigran Sargsyan. Before proceeding to the agenda, the Prime Minister dwelt on Republic of Armenia Control Chamber’s findings and issued a series of assignments to that effect. Backing the 2011 census program, the Government proposed the State Statistics Board to draft a census questionnaire within...
    May 12, 2011 14:27
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    (Հայերեն) Հայ ընտանիքների երկընտրանքը. երջանկությո՞ւն, թե՞ օրվա ապրուստ
    May 10, 2011 10:00
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    Pension laws being codified
    A cabinet sitting was held today under the chairmanship of Prime Minister Tigran Sargsyan. In line with the law on State pensions, effective since January 1, 2011, the government passed about a dozen of decisions to streamline the relationship associated with pension assignment, reassessment and payment. The government made a decision to provide monthly payments of AMD...
    May 5, 2011 13:46
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    Business environment being improved
    A cabinet sitting was held today, chaired by Prime Minister Tigran Sargsyan. Before proceeding to the agenda, the Prime Minister presented the findings of the monitoring carried out in the system of immovable property cadastre. After priority action had been outlined by the head of government, the floor was given to the head of the State Committee on Immovable Property...
    April 28, 2011 15:56
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    Joint RPA-EPP seminar: “The role of values in transition societies”
    Prime Minister Tigran Sargsyan joined today Jaime Mayor Oreja, European People’s Party Group deputy chairman in the European Parliament, to attend a seminar  in Yerevan entitled “The role of values in transition societies.” The seminar was also attended by Head of EU delegation in Armenia, Ambassador Raul Lutzenberger, Armenian MPs, RPA members and experts. Addressing...
    April 26, 2011 17:16
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    Armenian businessmen critical of IMF official
    Armenia’s Chamber of Commerce and Industry (CCI) and Union of Information Technology Enterprises (UITE) addressed an open letter to Head of the IMF mission in Armenia Guillermo Tolosa, in connection with his statement on tax benefits to high-tech companies. In their letter the authors express their concern over and disagreement with Mr. Tolosa’s idea, voiced at a press...
    April 23, 2011 18:46
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    Corruption risks to be curbed consistently
    A cabinet sitting was held today, chaired by Prime Minister Tigran Sargsyan. Before proceeding to the agenda, he referred to the recently circulated opinion that the government has changed its policy concerning local self-government authorities. Though a series of legislative initiatives and decisions passed by the government point to the fact that a policy line aimed...
    April 21, 2011 16:46
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    The order of getting driving license will be simplified
    A government session chaired by the Prime Minister Tigran Sargsyan was held today. The executive, adapting and supplementing his prior decisions, defined the list of the diseases in the presence of which it is prohibited to drive, as well as the order of medical assistance to the victims of the traffic accidents. It is expected that the decision will simplify the examinations...
    April 14, 2011 16:26
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    Armenian-Chinese business forum launched in Yerevan
    Today the Prime Minister Tigran Sargsyan and the member of the Standing Committee of the Political Bureau of the Central Committee of the Communist Party of China Li Changchun took part at the Armenian-Chinese forum in Yerevan. Welcoming the guests, the Prime Minister stressed out the importance of the business forum, and noted that it will contribute to the deepening...
    April 12, 2011 14:08
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    The prospects of development of Armenian-Chinese cooperation were discussed
    Today the Prime Minister Tigran Sargsyan received the delegation led by the member of the Standing Committee of the CPC Central Committee’s Political Bureau, Li Changchun. Welcoming the guests, the head of the RA government spoke with satisfaction about the relations established between the two countries. “The Armenian-Chinese relations are of great importance...
    April 12, 2011 13:11
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    The state services must be of high quality
    The Prime Minister started the government regular session today by congratulating the feminine members of the government and all the other Armenian women warmly on Motherhood and Beauty Day, wishing them luck and happiness. Afterwards Tigran Sargsyan spoke about the issue of quality of state service and noted that the government is obligated to take operational measures...
    April 7, 2011 15:50
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    Georgia Tries to Reverse Farm Decline
    The Georgian government is to quadruple spending on agriculture this year in a bid to make the country less reliant on food imports. The main focus will be on increasing grain yields, though some say what the farming sector needs is technology. The farming sector has been in decline for many years, and now produces only 12 per cent of the food consumed in Georgia, and...
    April 5, 2011 15:40
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    Armenia confirms its intention to develop nuclear power – minister
    According to the minister, only best technologies will be used in the construction of future power unit in Armenian nuclear power plant. Priority will be given to the technologies “related to the security,” told Movsisyan. Armenian nuclear power plant is monitored on daily basis by International Atomic Energy Agency (IAEA) and we obviously cannot run the power unit...
    April 5, 2011 11:35
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    State support for investment program
    On visit to Jermuk International Company, which is the Armenia representative of PepsiCo International, Prime Minister Tigran Sargsyan familiarized himself with the pace running works at the newly founded enterprise, which is equipped with state-of-the-art technologies of European manufacture. To launch production of carbonized drinks of some trade marks, last year Jermuk...
    April 1, 2011 15:18
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    Natural gas to get cheaper for vulnerable households
    An outgoing cabinet sitting was held today in the schoolhouse after Mesrop Mashtots of Oshakan village, chaired by Prime Minister Tigran Sargsyan To begin with, the sitting heard and took note of the 2010 annual report on the social-economic status of Aragatsotni marz, delivered by marz governor Sargis Sahakyan. The government next passed a decision on establishing lower...
    March 31, 2011 17:23
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    Food security in spotlight
    A cabinet sitting was held today under the chairmanship of Prime Minister Tigran Sargsyan Opening the sitting, the Prime Minister stated: “Six months ago the Prime Minister’s Control Service together with the Food Security Department conducted checks in the cheese production sector and revealed serious problems. Food security is crucial for us and is included in...
    March 24, 2011 15:45
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