Prime Minister Tigran Sargsyan’s Interview to Armenian TV Companies
Most of the questions raised by media outlets bore on inflation and social tensions in the economy. “There is no such country in the world, inclusive of the developed ones, where citizens can understand the way the central bank deals with inflation,” Prime Minister Tigran Sargsyan told the journalists during his latest interview. “We are caught up in a high-inflation stage which may pose serious threats in 2011.” According to the Prime Minister, commodity... more »
What did Armenia gain in 2010?
We have tried to analyze what was done by public agencies in different spheres of activity throughout the past year:anyhow, what can be measured in terms of work as captured by the camera of “Hraparakum” documentary series. What is at the top of the government’s agenda and what can be expected from the authorities in... more »
Frescoes by Minas Avetisyan in the House of Government
Minas Avetisyan’s “Meeting” and “By the stele” frescoes were reopened today in the second-floor conference hall of the House of Government. In accordance with the government decree of June 17, 2010, in cooperation with the Ministry of Culture, Minas Avetisyan Foundation has launched a restoration campaign for these two frescoes which used to be posted in the restaurant block of Gyumri’s electrical engineering plant. During the ceremony, the... more »
The State is my partner
In the last crisis year the government undertook targeted actions to boost the economy: there are facts about their effectiveness nowadays; hundreds of new jobs, investments, exported products. The first component of real sector support was financial: AMD 39.184 billion was injected into the economy from different funds and organizations. 32mn came from the interstate Russian loan, economic entities received AMD 895 million from the SME DNC fund, and, in 2010, 350 million was provided by... more »
TATEV’S NEW WINGS
All conversations in Syunik marz, especially in Goris region, have to do with October 16 when the 15 km-long road section linking Halidzor with Tatev will turn out 3 times as shorter overnight. Everyone over there knows: they are going to have the longest cableway in the world. They are all well aware of every single detail concerning the Tatev Revival project. Moreover, each of them has its own native land development scenario. Long before the anticipated launch of the project, assisted by... more »
The City of the World may take effect
On Armenia’s Independence Day, the Armenian tricolor was elevated at Shanghai Expo – 2010 which is attended by Armenia in addition to 192 other nations of the world. Wu Wan Hing, the two millionth visitor of the Armenian pavilion, was presented with a certificate and a valuable gift. Some twenty thousand people come to see the pavilion daily. Two million out of a total of 53 million visitors have already called at the stand of Armenia. This is an evidence of success and... more »
A competitive State is born at school
At the preceding Cabinet session, Prime Minister Tigran Sargsyan told the ministers and the heads of government agencies to comply with the established tradition by visiting schools on September 1 in order to extend congratulations to teachers and schoolchildren on the startup of the new academic year in the Republic of Armenia. Accompanied by Minister of Education and Science Armen Ashotyan, the head of government visited Yerevan’s secondary school N29 after Andranik Margaryan and... more »
The Impact of Operative Staff’s Operative Responsiveness
The Government’s one-year-old Operative Staff expressed readiness to assist such crisis-hit domestic companies in want of borrowed funds as would submit job-extensive and export-oriented business programs. 24 of those the Operative Staff-approved 49 business programs have been reporting progress for a while now. The benefits of State support are manifold: working capital, refurbished facilities, new equipments, job conservation and multiplication. Now let us see which way the... more »
Pension reform
OLD-AGE MATERIAL SECURITY GUARANTEES IN PLACE TODAY Armenia has announced the startup of pension reforms: starting early next year Armenian citizens can apply to any licensed financial entity of their choice to make a first-ever contribution for future pension. This new multistage system will cover all the layers of society: it is fair, financially sustainable and transparent. What will happen if the new system fails to be introduced? The existing pension system runs on the... more »
Yerevan Physics Institute as a national research lab
The government session of June 17, 2010 decided to rename the Yerevan Physics Institute after A. I. Alikhanyan into National Research Laboratory after A. I. Alikhanyan turning it into a scientific and technical center meeting international standards. State assistance to this unique research center is justified The Lab will get State assistance under a yearlong program. The purpose is to conduct applied and fundamental research, upkeep and develop scientific infrastructures, as well... more »
