Government ready to subsidize certain percentage of commercial loans aimed at expanding production - Karen Karapetyan Meets with Light Industry Representatives
Prime Minister Karen Karapetyan received representatives of light industry companies. The meeting discussed a number of issues related to light industry development, expansion of production and the creation of new jobs. Prime Minister Karapetyan noted that light industry is the center of attention of the government, as it has not only great export potential, but also great development potential, which can create relatively quick jobs. The Head of Government stressed that the State is... more »
RA Government, Armenia Investors Club to Sign Memorandum of Understanding
A regular Cabinet meeting was held today, chaired by Prime Minister Karen Karapetyan. Before proceeding to the agenda, the Prime Minister gave a number of instructions concerning the substitution of imported commodities with local farm products, prevention of infectious diseases in farm animals, providing State support to water users in communities with extra-normative water demand. A memorandum of understanding will be signed between the Government of Armenia and Armenia Investors... more »
Construction Sector Development Issues Discussed in Government
Prime Minister Karen Karapetyan held a consultative meeting to discuss ways of boosting urban development processes in Armenia. The Prime Minister first wanted to know what kind of obstacles developers have met in working with government agencies and suggested discussing options for mutually acceptable solutions. “It is the fourth month we have been stating that this sector is far behind. We want to activate it in order to enliven our overall performance,” Karen... more »
PM, IMF Mission Head Discuss Issues Related to Economy and Government’s Future Plans
Prime Minister Karen Karapetyan received a delegation led by IMF Armenia mission head Hossein Samiei. The Prime Minister and the Head of the IMF mission reviewed the findings of the final examination of the 2014-2017 program of Armenia-IMF cooperation, touching upon Armenia’s macroeconomic indicators and the trends of economic development, as well as discussing business environment improvement, foreign direct investment, fiscal and monetary policy-related issues. Hossein Samiei said... more »
PM Welcomes Georgian Foreign Minister
Prime Minister Karen Karapetyan received Georgian Foreign Minister Mikheil Janelidze. Welcoming the Georgian Foreign Minister and his delegation to our country, the Prime Minister stressed that Armenia and Georgia enjoy trusted ties of friendship. Karen Karapetyan expressed satisfaction with the outcome of his official visit to Georgia in February, 2017, in the frame of which he discussed with the Georgian Prime Minister specific projects aimed at intensifying bilateral economic ties.... more »
Each item of expenditure, any decision should be followed by a numeric answer - Karen Karapetyan Visits Ministry of Agriculture
Prime Minister Karen Karapetyan visited the Ministry of Agriculture. At a consultation held on the spot, the speakers presented the Ministry’s ongoing projects, results, prospects of international cooperation and development programs. First, reference was made to the 2017 development program for spring wheat, buckwheat, peas, peas, barley, corn, alfalfa and sweet clover. It was reported that the process of import and supply of seeds was already in progress. Some of them were... more »
Karen Karapetyan Extends Condolences to Egyptian Prime Minister Ismail Sheriff
Prime Minister Karen Karapetyan sent condolences to Egyptian Prime Minister Ismail Sheriff on explosions in Coptic Churches that claimed dozens of human lives. The telegram reads in part: ”Dear Mr. Prime Minister, the terrorist acts in Tanta and Alexandria Coptic Orthodox churches on April 9 against which claimed dozens of innocent lives, caused deep anger and frustration among peace-loving humanity. At this difficult time, when our friend Egypt mourns the loss of her... more »
Karen Karapetyan instructs to present the Sevan National Park reform and development plan
Prime Minister Karen Karapetyan held a consultation to discuss issues related to the effectiveness of Sevan National Park’s activities Minister of Nature Protection Artsvik Minasyan and Director of Sevan National Park SNCO Vahe Gulanyan reported on Sevan National Park’s activities, the management of economic, environmental, urban planning and land use issues in terms of inventories. Prime Minister Karapetyan attached importance to increased efficiency in Sevan National... more »
Ministry of Economic Development and Investment, Ministry of Nature Protection report progress in implementation of priority tasks and planned actions
Chaired by Prime Minister Karen Karapetyan,, the Ministry of Economic Development and Investment and the Ministry of Nature Protection reported progress in the implementation of priorities and planned actions. Minister of Economic Development and Investment Suren Karayan reported that 5 priority tasks and 18 planned actions were completed in 2017. Particularly in terms of attracting investment in 2017, they had drawn up a list of investment projects per companies and financial sources, a... more »
PM instructed to submit specific proposals on future activities of state-owned enterprises
Chaired by Prime Minister Karen Karapetyan, a consultation was held in the Office of Government, during which Head of State Property Management Department Arman Sahakyan presented an analysis of economic activities of commercial organizations. The Department, based on the analysis of economic results of 2013, 2014 and 2015 as companies with state participation, has classified these organizations’ efficiency, which are an indication of the level of profitability and current trends.... more »
