Karen Karapetyan: “Reference should be made to the reduction of income tax rates”
A Cabinet sitting was held today, chaired by Acting Prime Minister Karen Karapetyan. Before discussing the agenda, the Acting Prime Minister gave a number of instructions. Karen Karapetyan’s first instruction was about the applicable rates of income tax and tax administration. “We stated a 7.5% economic growth and managed to overrun the fixed tax rates index in 2017. These developments enabled us to further strengthen the economic potential of our country, as well as... more »
Launch of Irrigation Season, Reservoir Building Investment Projects Discussed in Government
Chaired by Acting Prime Minister Karen Karapetyan, a consultation was held in the Office of Government to discuss issues related to the launch of the irrigation season and the implementation of medium and small water reservoir construction projects. Referring to the amount of water available in water reservoirs, Chairman of State Water Management Committee Arsen Harutyunyan reported that at this point of time, there is 480.5 million cubic meters water in the reservoirs, which is 30... more »
VAT Payment Deferment Process to be Streamlined
Chaired by Acting Prime Minister Karen Karapetyan, a consultation was held today in the Office of Government to discuss issues related to the deferment of VAT payments for goods imported by economic entities, Head of State Revenue Committee Vardan Harutyunyan and Acting Minister of Economic Development and Investments Suren Karayan reported on the results of the implementation of VAT payment deferments. Proposals and recommendations were presented during the exchange of opinions that... more »
Issues Related to Movement of Goods within EAEU Discussed with Karen Karapetyan
Acting Prime Minister Karen Karapetyan held a consultation to discuss issues related to the movement and administration of goods within the Eurasian Economic Union (EAEU). The meeting specifically touched upon issues of product traceability, labeling and documentary support of identification means, as well as the simplification of business processes for economic entities. The State Revenue Committee representatives informed about the initiative to introduce an electronic system of... more »
Karen Karapetyan: “We have decided to maintain the current configuration of government during this period”
Acting Prime Minister Karen Karapetyan referred today to his Saturday meeting with President Serzh Sargsyan. Answering the question on the nomination of the future Prime Minister, Karen Karapetyan presented his point of view. - Mr. Prime Minister, you met with President Serzh Sargsyan on Saturday: what questions were discussed during the meeting? Specifically, did you touch upon the upcoming changes, namely the question of future Prime Minister? - I reported to President Serzh... more »
Prime Minister Karen Karapetyan tenders to President Armen Sargsyan the resignation of his government
In accordance with Article 212 of the Constitution of the Republic of Armenia, Prime Minister Karen Karapetyan submitted to President Armen Sargsyan the resignation of his government. The President of Armenia accepted the resignation of the government. The Cabinet members will continue in office pending the formation of a new government. After their private meeting, President Armen Sargsyan and Acting Prime Minister Karen Karapetyan met with mass media representatives to summarize the... more »
Joint Appeals Commission of Inspection Agencies Holds Regular Meeting
Chaired by Prime Minister Karen Karapetyan, the Joint Appeals Commission of Inspection Agencies met today in the Office of Government. The meeting discussed five applications filed against the decisions made by the Board of Appeals of Tax and Customs Authorities of RA State Revenue Committee. After discussing the substantiations and arguments provided in the applications, the Commission decided to comply with two of the applications, partially comply with one of them and reject the... more »
Prime Minister Karen Karapetyan extends condolences to Georgian Prime Minister
Prime Minister Karen Karapetyan sent a condolence message to Georgian Prime Minister Giorgi Kvirikashvili on the collapse of the coal mine in the town of Tghibuli. “On behalf of the Government of Armenia and myself, I extend deep condolences to you and the friendly people of Georgia on the tragedy that occurred in Tghibuli. At this difficult time of sorrow, we offer profound condolences, support and sympathy to you, the victim’s families, close relatives and the friendly... more »
Prime Minister Karen Karapetyan receives Head of Rospotrebnadzor
Prime Minister Karen Karapetyan received Anna Popova, Head of RF Federal Service for Consumer Protection, who is in Armenia to attend the 14th session of the CIS Consumer Protection Advisory Council. The Prime Minister noted that the Armenian side is keen to see constructive interactions between the respective agencies of the two countries. “We face common problems in the field of consumer protection and food safety, and they call for joint action. I think we have reached a good... more »
Government Reviews Community Program Subvention Bids
Chaired by Prime Minister Karen Karapetyan, the Interagency Commission for Evaluation of Subvention Bids met today in the Office of Government. Minister of Territorial Administration and Development David Lokyan presented 40 bids received from different communities to a total cost of AMD 1,371 million. Of this amount, communities’ contribution is 791 million drams, with the balance to be provided by the State. The applications feature municipal projects, such as street lighting,... more »