PM Welcomes German KfW Bank First Vice President Eva Witt
Prime Minister Hovik Abrahamyan received a delegation led by German KfW Bank First Vice President Eva Witt. The interlocutors praised the fruitful cooperation between the Bank and the Government of Armenia in the fields of energy, water management, private sector financing and agriculture. The Prime Minister attached particular importance to the construction of a power transmission line between Armenia and Georgia and the reconstruction of the Kaps reservoir, which will help improve... more »
By Prime Minister Hovik Abrahamyan’s decision, Vardan Davtyan was appointed to be Deputy Governor of Syunik Marz of Armenia. According to another decision signed by the Prime Minister, Aram Grigoryan was relieved of the office of Deputy Governor of Vaiotz-Dzor Marz.
Prime Minister: “Government not to tolerate unjustified price hike”
A Cabinet sitting was held today, chaired by Prime Minister Hovik Abrahamyan. Opening the meeting, the Prime Minister referred to the financial market situation. “I would like to inform you that yesterday I had a meeting with the representatives of the International Monetary Fund and the World Bank, as well as the relevant agencies and companies. Our international partners are fully supportive of our effort to stabilize the financial market following sharp fluctuations in the... more »
Government Discusses Financial Market Stability Issues
Prime Minister Hovik Abrahamyan chaired a consultation on financial market situation, attended by World Bank, International Monetary Fund representatives and the heads of stakeholder departments. The meeting discussed the recent financial market developments and possible countermeasures. The importance of a floating exchange rate policy was emphasized to prevent the possibility of long-term instability in the economy. At the same time, it was considered important to stabilize the... more »
Statement by the Prime Minister of the Republic of Armenia in connection with the situation in the financial market
Current developments in the financial market are mainly due to the global and regional events that are not devoid of obvious speculative elements. In the context of the elemental course of events, the Armenian Government continues to remain committed to the policy of floating exchange rate in order rule out long-term instability in the economy. The government is supporting the efforts of the Central Bank, aimed at the stability of the financial system and takes all measures to ensure... more »
Prime Minister Receives Representatives of Asian Market-Engaged Companies
Prime Minister Hovik Abrahamyan received Director of Oriental Patron financial group Zhang Jing, Fortune Oil CEO Tian Jun and a representative of Fortune Resources Monica Lin. The guests briefed the Premier on the programs and projects in Armenia’s industrial sector. They noted that they were interested in the implementation of different projects in Armenia and expressed the hope that their investment will result in additional jobs. Welcoming the initiative, the Prime Minister... more »
Final Presentation Held for EU-supported e-Armenia Project
The “Systemic Development of e-Governance in Armenia” conference kicked off in Yerevan, which marked the end of the e-Armenia project as organized by the Government of Armenia and the European Union Delegation. Prime Minister Hovik Abrahamyan addressed the forum with a greeting message, which was read out by Minister-Chief of Government Staff David Haroutunyan. “Dear Colleagues, Dear Participants, Ladies and Gentlemen, On behalf of the Government of... more »
PM Receives Nairit Staff
As promised, Prime Minister Hovik Abrahamyan once again received a group of employees from Yerevan Nairit Plant. The meeting discussed the possibility of re-commissioning the plant and the steps to take in this direction. It was noted that the problems of Nairit should be addressed exclusively in the framework of the law and the Executive is ready to use every opportunity to re-commission it. World Bank experts will conduct a study in Nairit to provide their findings on the... more »
Armenian, Georgian Prime Ministers Initial Friendship Bridge Construction Agreement
To wrap up Armenian Premier’s official visit to Georgia, an agreement between the Government of Republic of Armenia and the Republic of Georgia was initialed on the construction of a new bridge over the Debed River at Sadakhlo-Bagratashen border checkpoint on the State border between Armenia and Georgia. The agreement was initialed by Prime Minister Hovik Abrahamyan on behalf of the Government of the Republic of Armenia, and by Georgian Prime Minister Irakli Garibashsvili on behalf... more »
Armenian Prime Minister Meets with President of Georgia
At the residence of the President of Georgia, a face to face meeting was held today between Prime Minister of Armenia Hovik Abrahamyan and President of Georgia Giorgi Margvelashvili. The parties highly assessed the Armenian-Georgian friendly relations and stressed te need to develop them continuously. The Armenian Prime Minister and the President of Georgia expressed satisfaction with the high level of bilateral political dialogue and stressed that it is necessary to make efforts towards... more »
