Government Takes Unprecedented Step to Promote Exports
A Cabinet sitting was held today, chaired by Prime Minister Hovik Abrahamyan. In an effort to step up the pace of economic growth, the Government approved a bill on amendments to the Law on Profit Tax, which provides additional tax incentives to those Armenia-based taxpayers eligible under the Government’s export promotion-oriented program, In particular, the profit tax for those businesses exclusively engaged in exports with at least AMD50 billion annual turnover will be reduced... more »
PM chairs meeting on preparations for agricultural activities
Chaired by Prime Minister Hovik Abrahamyan, a consultation was held in the Office of Government, attended by Minister of Territorial Administration and Emergency Situations Armen Yeritsyan, Minister of Agriculture Sergo Karapetyan, Marz governors and representatives of different government agencies. The meeting discussed the ongoing preparations and the activities scheduled for the spring agricultural campaign, as well as the results of the programs implemented in the previous year.... more »
Government continues discussing economic development-related agenda
Chaired by Prime Minister Hovik Abrahamyan, another consultation on economic developments was held today in the Office of Government, attended by the heads of government agencies in charge of economy. In particular, the meeting discussed items related to economic development, export promotion, attraction of new investments, as well as a number of other issues aimed at addressing the existing problems. Stressing the importance of coordinated activities, the head of government... more »
PM chairs meeting on economic developments
Prime Minister Hovik Abrahamyan chaired a meeting on economic developments, attended by the heads of government agencies in charge of economy. The meeting discussed economic development, stimulation of exports, attraction of new investments, possible developments in the running year, planned action, as well as the existing problems and the steps to address them. The Premier stressed the importance of coordinated activities aimed at developing the economy. Reference was also made to... more »
EU to continue supporting reforms: additional 77.5 million euros allocated to Armenia
Attended by Prime Minister Hovik Abrahamyan and Head of EU Delegation in Armenia Trajan Hristea, the launch ceremony for eight EU-Armenia financing agreements was held today in the Office of Government. The new support package features 77.5 million euros (AMD44 billion) in support of economic development and reforms in Armenia. The event was also attended by government officials, ambassadors of EU-member States, international organizations accredited in Armenia, other dignitaries.... more »
Prime Minister: People need to see the impact of our work
The Government held its first session in 2015, chaired by Prime Minister Hovik Abrahamyan. Before the proceeding to the agenda, the meeting held a minute of silence to commemorate those Armenian citizens killed in the appalling crime committed in Gyumri. The meeting first approved the 2015 Government Program and the relevant substantiation reports, as well as the priorities and their substantiation. The Prime Minister expressed his opinion concerning the point at issue,... more »
Prime Minister Hovik Abrahamyan Awarded Cooperation Order
Under a decision issued by the CIS Inter-Parliamentary Assembly (IPA), for active participation in the proceedings of the IPA and its agencies, as well as for valuable contribution to the cause of strengthening friendship between the CIS nations, Prime Minister Hovik Abrahamyan was awarded the Cooperation Order. On behalf of CIS Inter-Parliamentary Assembly President Valentina Matviyenko, the Order was handed in by Armenia National Assembly Speaker Galust Sahakyan.
By Prime Minister Hovik Abrahamyan’s decision, Suren Karayan was relieved of the office of Deputy Minister of Finance of the Republic of Armenia and was appointed First Deputy Minister of International Economic Integration and Reforms of the Republic of Armenia. By Prime Minister Hovik Abrahamyan’s decision, Stepan Barseghyan was relieved of the office of Deputy Minister of Territorial Administration of the Republic of Armenia. In line with another decision signed by the... more »
Prime Minister Hovik Abrahamyan’s New Year’s Message
Dear compatriots, 2014 is nearing its end, and soon we will turn another page in our history. At these last hours of the outgoing year, I wish to offer my congratulations and best wishes to all the people of the Republic of Armenia, Artsakh and Armenians worldwide. Let the year 2015 be one of peace and creativity in our State. The year 2014 was a difficult stage on the way to progress that we were able to overcome without great shocks. Along with a multitude of challenges, yet it... more »
On New Year’s Eve, PM Visits Aygehovit Border Community, Frontline Positions
On New Year’s Eve, Prime Minister Hovik Abrahamyan traveled to Aygehovit border community and advanced army positions in Tavush Marz. The Premier first met with the villagers, congratulated them on upcoming holidays, answered questions and got acquainted with their problems. Hovik Abrahamyan noted that the authorities had been taking serious steps to improve the socio-economic conditions in border communities. “Led by the President of the Republic of Armenia, the State... more »
