‘Economics’

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    Regional transport hubs may be connected with North-South highway
    On December 17, Armenian Minister of Transport and Communication Manuk Vardanyan received Eduard Biriucov, Secretary General of TRACECA intergovernmental commission. Vardanyan informed Biriucov of Armenia’s participation in the work of project titled International logistics centers of the Caucasus and western CIS states. The matter concerns possible variants of linking...
    December 17, 2010 19:20
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    Transport registration costs to be minimized
    A cabinet sitting was held today under the chairmanship of Prime Minister Tigran Sargsyan The government amended a previous decree to minimize temporary registration costs for the means of conveyance. From now on, the procedures at issue will not be considered as registration ones, and users will not be required to pay 5000 drams as stipulated in the previous decree. Prime...
    December 16, 2010 14:00
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    Business environment improves in Armenia
    A cabinet sitting was held today under the chairmanship of Prime Minister Tigran Sargsyan Tigran Sargsyan informed the meeting that the first session of the Board of the All-Armenian Bank had been held at which Vahram Nercisiants was nominated to post of executive director. Thanking him for years-long teamwork, The Prime Minister wished him every success in this new position. Based...
    December 9, 2010 14:06
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    (Հայերեն) «Աղքատ» հայերի հանգիստը ոչ էժան Ծաղկաձորում
    December 8, 2010 11:15
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    FY2011 State budget bill amendments approved
    Before proceeding to the agenda, the Prime Minister gave a series of assignments to the heads of State agencies (the Prime Minister’s statement is provided under a separate heading). The Government approved the draft protocol on amendments to the FY 2011 State budget bill. Note that some 600 proposals were submitted on the part of parliamentary standing commissions and...
    December 2, 2010 15:53
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    Artsakh arouses more and more interest among tourists
    According to the data of the Consular Service of the NKR Ministry of Foreign Affairs, during the past nine months of 2010 more than 7000 foreign citizens visited the NKR, which has considerably increased as compared with the similar period of 2009. These data testify that year by year Artsakh arouses interest in the world, despite Azerbaijan’s active counteraction and...
    December 2, 2010 11:02
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    Armenian Bank as “a Watershed Project”
     “Civilization can be considered to be the nation that is aware of its historical mission … to Armenia today, the main objective is to realize this mission and offer a formula for coexistence of civilizations. It is important to understand that what we want to see yourself, so we will. Our nation today, especially the need audacious plan that would amass the...
    November 30, 2010 5:24
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    Pharmaceutical industry streamlined
    A cabinet sitting was held today under the chairmanship of Prime Minister Tigran Sargsyan The government approved the rules and procedures applicable to pharmaceutical industry. It was established the licenses will henceforth be available from an internationally accredited competent authority by based on the law on the kinds of activities eligible for licensing in the...
    November 25, 2010 14:00
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    Businesses will feel more at ease with no threat to consumer security
    A cabinet sitting was held today, chaired by Prime Minister Tigran Sargsyan Before proceeding to the agenda, the Prime Minister referred to the status of his assignments of two-week standing and those changes operated within the ministries of healthcare, education and science, agriculture and finance (the Prime Minister’s statement is provided under a separate heading). The...
    November 18, 2010 16:12
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    Gas Consumption in Armenia this Year Declined by 13.3 Percent
    The volume of imported natural gas to Armenia in 2010 during the first nine months compared with the same period last year declined by 17.8 percent and amounted to 987.8 million cubic meters. As reported by Armenpress of the company Armrusgazprom “during this period were closed objects 988.0 million cubic meters of gas. Compared with the period from January to September...
    November 10, 2010 12:01
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    Professionals – “Children’s Shoe Market, Most Products Won’t Meet the Established Norms.”
    Minister of Health has set the 2007 decision of the Children’s shoe, used for their production of natural and artificial raw materials related to sanitary norms and rules. Minister of Health has set the 2007 decision of the Children’s shoe, used for their production of natural and artificial raw materials related to sanitary norms and rules. There is stated...
    November 6, 2010 11:59
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    Those responsible for duty shortfalls to be punished
    A cabinet sitting was held today under the chairmanship of Prime Minister Tigran Sargsyan. Prior to the meeting, the Prime Minister issued a number of assignments for cabinet members (the Prime Minister’s statement is presented separately). The government approved the following procedures: the order of paying pensions, including the model agreements to be signed between...
    November 4, 2010 17:00
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    A new procedure to be followed in paying pensions
    Following today’s cabinet sitting, Minister of Labor and Social Affairs Arthur Grigoryan commented on the government-approved pension payment scheme. According to the minister, the new order of pension payment as stipulated by the pension reform will be effective as of January, 2011 in cash and non-cash forms. Non-cash payments will be effectuated via bank accounts enabling...
    November 4, 2010 15:32
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    The System of Public Finance Management is Being Reformed
    Today a meeting of the RA Government, chaired by Prime Minister Tigran Sargsyan took place. The Government approved of the strategy for reforming public financial management and program of action to implement its first phase. The Strategy provides a framework of reforms to be implemented in a system of public finance management of RA in 2011-2020 years. As a reference...
    October 28, 2010 15:42
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    State-private sector cooperation yields positive results
    A cabinet sitting was held today under the chairmanship of Prime Minister Tigran Sargsyan. Addressing those present, the Prime Minister reiterated the importance of the new-launched Tatev project and cableway as a good example of State-private sector cooperation. On behalf of his government, the Prime Minister thanked all private-sector partners, including Russia-based...
    October 21, 2010 16:54
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    Citizens should know the names of shareholders
    A cabinet sitting was held today under Prime Minister Tigran Sargsyan’s chairmanship. Prior to the meeting, the head of government complimented Defense Ministry’s football team – the winners of Prime Minister’s Cup – 2010. Praise was likewise addressed to the teams of the Office of Prosecutor General and the Ministry of Healthcare who won the second and third...
    October 14, 2010 15:24
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    Meeting with members of the Union of Information Technologies and Telecommunication enterprises of Armenia
    On 9 October President of the Artsakh Republic Bako Sahakyan met a group of members of the Union of Information Technologies and Telecommunication enterprises. The President noted that the development of the sphere of information technologies had political, economical and cultural importance for Artsakh. The Head of the State underlined that the organized and purposeful...
    October 11, 2010 11:06
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    The government set to close the year at higher pitch
    A cabinet sitting was held today under the chairmanship of Prime Minister Tigran Sargsyan Addressing the meeting, Tigran Sargsyan noted that the 2010 action plan performance reports need to be heard almost a quarter before this yearend. Ministers and agency heads were told to report themselves to the Prime Minister on October 8 to review individual performances for the...
    October 7, 2010 14:06
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