Prime Minister Hovik Abrahamyan Meets IMF Director Christine Lagarde
On the last day of his working visit to the United States, Prime Minister Hovik Abrahamyan met with IMF Director Christine Lagarde. The Prime Minister appreciated the cooperation with the International Monetary Fund in the matters of economic development and institutional reforms in Armenia. “The International Monetary Fund has been our key partner in macroeconomic issues. Largely supported by the IMF, macroeconomic stability is one of our most important achievements as a... more »
PM Meets Armenian Community Representatives in Washington
Prime Minister Hovik Abrahamyan met with the representatives of the Armenian community in Washington. Welcoming the attendees, the Prime Minister said, “For over a century now, several Armenians have settled in this remote, but hospitable overseas country, which is so generous in opportunities. Living and working in the United States for several decades, you have become an integral part of this country, bringing your valuable contribution to its development in all spheres of... more »
PM Meets IFC Chief Executive Officer
On the sidelines of his working visit to Washington, Prime Minister Hovik Abrahamyan met with International Finance Corporation CEO Jin-Yong Cai. Highlighting the role played by World Bank Group member International Finance Corporation (IFC) in the development of Armenia’s economy, Hovik Abrahamyan stressed the need to keep up the pace of cooperation. Over USD 320 million-worth of investment projects have been implemented in our country for the last 15 years, mainly in the fields of... more »
Meetings in Washington
On October 10, Prime Minister Hovik Abrahamyan met with the representatives of the Armenian Assembly of America. The parties discussed U.S.-Armenia relations, economic exchanges and regional issues. Thanking the representatives of the Armenian Assembly of America for their pro-Armenian activities, the Prime Minister highlighted their role in the furtherance of U.S.-Armenia relationship. The same day, Hovik Abrahamyan met with World Bank Dutch Group CEO Frank Heemskerk. The Prime... more »
Prime Minister Hovik Abrahamyan’s U.S.-Bound Working Visit Kicks Off
On October 10, 2014, headed by Prime Minister Hovik Abrahamyan, the government delegation of Armenia took part in the Washington DC-hosted annual plenary session of the World Bank and the International Monetary Fund, which was attended by over 1500 participants from around 180 countries of the world. Chaired by the IMF Director and the World Bank President, the plenary session discussed issues related to the global economic situation, developments and challenges. Later today, the... more »
Prime Minister Hovik Abrahamyan Attends Official Reception on Armenia Independence Day
On October 10, the Prime Minister-led government delegation attended an official reception dedicated to Armenia’s Independence Day, which was held at the Embassy of the Republic of Armenia to the United States. The event was attended by ambassadors accredited in Washington D.C., senior officials from the U.S. State Department and other government agencies, the World Bank and the IMF, leaders of Armenian organizations, representatives of the Armenian community. The Prime Minister... more »
Favorable Conditions Available to Turnover Tax Payers
The Government held a regular meeting, chaired by Vice Prime Minister Armen Gevorgyan. The government approved a bill on follow-up amendments to the amended law “On turnover tax” to extend the deadlines set for the application of transitional provisions. A number of technical problems have emerged following discussions held with the representatives of non-governmental organizations representing SME interests regarding the clause on mandatory documentation, which are mainly... more »
Prime Minister Hovik Abrahamyan to Pay Working Visit to United States
A Prime Minister Hovik Abrahamyan-led government delegation will be off to the United States for a 3-day working visit on October 10-12, 2014. The Prime Minister will attend the annual plenary meeting of the World Bank and the International Monetary Fund in Washington. Bilateral meetings are scheduled with the management of the World Bank, the International Monetary Fund and other international financial institutions. The delegation will take part in an Armenia Embassy-hosted... more »
New UN Development Agenda Targets Discussed in Yerevan
A 3-day international conference entitled “Governance and public administration capacity building for sustainable development” has kicked off in Yerevan. The UN Economic and Social Affairs Department-hosted forum is held under the United Nations’ Post-2015 Development Agenda and seeks to discuss ways of implementing the new UN development program and identify effective ways for governance. Addressing the forum with opening remarks, Minister-Chief of Government Staff... more »
Notice
A number of technical problems have emerged following discussions held with the representatives of non-governmental organizations representing SME interests regarding the clause on mandatory documentation, which are mainly due to the 10-day deadline set for the stock-taking of goods purchased before the effectiveness of the legislative requirement. After looking into the concerns voiced by economic entities, the government concluded that the stipulated time frames are problematic,... more »
