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Official News

Tuesday, 3 February 2015

GoA-ADB Cooperation Development Discussed

Prime Minister Hovik Abrahamyan received a delegation led by Asian Development Bank (ADB) Central and West Asia Regional Director Klaus Gerhauzer. Stressing the importance of the ongoing cooperation with the Asian Development Bank, the Prime Minister noted that he closely follows and keeps track of all the ADB-supported programs in Armenia. At the same time, pointing to the need to increase the effectiveness of donor-funded projects, Hovik Abrahamyan said to have issued clear-cut... more »

Monday, 2 February 2015

Hovik Abrahamyan Receives Fair Traders

As promised, Prime Minister Hovik Abrahamyan received today the representatives of economic entities engaged in different trade fairs. The head of government advised that following a consultation held with the President of the Republic of Armenia, it had been decided to postpone the application of the Turnover Tax Law-stipulated purchasing and documentation requirement until July 1, 2015. Hovik Abrahamyan said the government will invite political parties, non-governmental... more »

Saturday, 31 January 2015

Turnover Tax Law-Stipulated Commodity Purchasing, Documentation Requirement Effectiveness Postponed until July 1

Chaired by Prime Minister Hovik Abrahamyan, the Government held today an extraordinary Cabinet sitting. The meeting discussed and approved the bill on amendments to the Turnover Tax Law. Prime Minister Hovik Abrahamyan advised that following a consultation held with the President of the Republic of Armenia, it had been decided to postpone the application of the Turnover Tax Law-stipulated purchasing and documentation requirement until July 1, 2015. “At the same time, we decided... more »

Saturday, 31 January 2015

PM Chairs Discussion on Effective Water Management Issues

Prime Minister Hovik Abrahamyan chaired a consultative meeting to discuss the development of effective water management mechanisms. The meeting discussed the pace of State Water Committee’s activities aimed at modernizing the irrigation system, re-commissioning the existing deep wells, rehabilitating the pumping stations etc. Reference was made to the water demand in low-water regions, including the measures envisaged in Armavir Marz. As the meeting discussed preparations... more »

Friday, 30 January 2015

Rural Capacity Building Program Steering Committee Holds Meeting

Chaired by Prime Minister Hovik Abrahamyan, the Rural Capacity Building Program Steering Committee met today in the Office of Government. The meeting first approved and authorized the implementation of irrigation network rehabilitation activities in 6 communities in Tavush Marz and 6 communities in Vaiotz-Dzor Marz under the Rural Capacity Building program’s Value Chain Development Infrastructure component. Considering that over one billion 478 million drams had been saved up... more »

Friday, 30 January 2015

SME Development Council Discusses Amendments to Turnover Tax Law

Chaired by Prime Minister Hovik Abrahamyan, the SME Development Council held a regular meeting ub the Office of Government. The meeting first heard the Secretariat’s report on the activities carried out in 2014. It was noted that in order to encourage SMEs periodic meetings and discussions had been held on behalf of the Prime Minister involving the representatives of the business community, interested State bodies and public organizations, as well as public awareness raising... more »

Friday, 30 January 2015

PM Receives Fair Traders

Prime Minister Hovik Abrahamyan received the fair traders who had been staging a protest action in front of the Government building. Thankful for reception, the SME representatives presented their concerns regarding the amendments to the law on turnover tax, effective from February 1, 2015. The head of government said that in approving the amendments, the government sought to facilitate the operations of small and medium-size enterprises so that they might promote economic growth.... more »

Friday, 30 January 2015

Our country, economy should be ready for any scenario

A Cabinet sitting was held today, chaired by Prime Minister Hovik Abrahamyan. To offset the recent global economic developments’ negative impact on Armenia’s economy, the Government has taken specific steps to attract foreign currency. Considering today’s favorable environment in the international financial markets, which may be precarious, the Government deemed it expedient to issue foreign currency bonds. Describing the recent years’ global economic... more »

Thursday, 29 January 2015

By Prime Minister Hovik Abrahamyan’s decision, Arman Babloyan was relieved from the office of Deputy Minister of Healthcare of the Republic of Armenia according to his resignation request. 

Tuesday, 27 January 2015

Hovik Abrahamyan Receives Gazprom Deputy Board Chairman

Hovik Abrahamyan received Gazprom Deputy Board Chairman Valery Golubev. The parties discussed bilateral cooperation agenda in the energy sector and “Gazprom Armenia”operations-related issues. Hovik Abrahamyan and Valery Golubev also referred to the prospects of Gazprom’s investment projects in Armenia. Pleased with the current status of Armenian-Russian cooperation, the interlocutors appreciated Gazprom’s role in the promotion of bilateral ties in the energy... more »

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