Welfare Programs In Focus
A Cabinet sitting was held today, chaired by Prime Minister Tigran Sargsyan. The Executive directed the Minister of Energy and Natural Resources to ensure that AMD 204,872.288 be paid to “Hayrusgasard” CJSC by the Ministry-affiliated public companies’ from the proceeds of retained profit left over after the settlement of profit tax to the State budget in partial reimbursement for the amount of gas consumed by vulnerable households in October-December, 2011.... more »
Scholarships Offered To Best University Students
Armenia’s Youth Fund has assigned scholarships to 750 best first- and second-year university students from vulnerable families who are not included in the system of free education. To this end, the government has allocated AMD 60mn to the Fund. Prime Minister Tigran Sargsyan handed out today the certificates of scholarship. “This initiative of the Fund is backed by the government as we are bound in duty to make higher education accessible and encourage young people to go to... more »
Tigran Sargsyan Receives Head of French Competitive Agency
Prime Minister Tigran Sargsyan received French competition authority chairman Bruno Laser. Welcoming the guest Tigran Sargsyan said: “Today, the streamlining and control of economic competition is a top priority in Armenia. In recent years, we significantly strengthened the State Commission for Protection of Economic Competition adopting laws that expanded the powers of this body. In this respect, your experience and knowledge will be extremely useful for us.” The... more »
Tigran Sargsyan Receives Asad Alam
Prime Minister Tigran Sargsyan received World Bank Regional Director for South Caucasus Asad Alam. Tigran Sargsyan thanked Asad Alam for support of the Regulatory Guillotine fast reform program and Finance Ministry’s capacity building project, for the development of Armenia‘s financial market, as well as for assisting the government with the fight against money laundering. The parties went on to discuss a wide range of bilateral cooperation-related issues, including the... more »
Tigran Sargsyan Gets Acquainted With Irrigation System Rehabilitation Works in Armavir marz
Prime Minister Tigran Sargsyan visited Aragats and Aghavnatun communities of Armavir marz to get acquainted with irrigation system rehabilitation works. In Aragats community in process is the second stage of Lower Hrazdan’s 2.183 km-long canal restoration work with an estimated cost of AMD 324mn. The upgraded canal will reduce water losses by about 4.1 million cubic meters to ensure additional 490 hectares of irrigated area. The entity responsible for water management has a total... more »
Industrial Council Holds First Meeting
Chaired by Prime Minister Tigran Sargsyan, the Industrial Council by the Prime Minister held its first meeting with participation of heads of government agencies, private sector representatives and members of Parliament. Reporting progress in export-oriented strategy activities, Economy Minister Tigran Davtyan said three line panels had been set up under his agency based on the public-private sector principle to discuss development outlook and recommendations. The Minister said... more »
National Reforestation Fund Submits Annual Report
Chaired by Prime Minister Tigran Sargsyan, the National Reforestation Fund (NRF) Board of Trustees (BOT) met at the Office of Government. NRF Executive Director Vladimir Movsisyan presented a report on the Fund’s financial and economic activities and financial statements for the year 2011. He stated last year’s reforestation efforts as implemented with the assistance of the Ministry of Agriculture. In particular, he spoke about the first stage of the irrigation system... more »
IT Sector Development Programs and Prospects Discussed
Prime Minister Tigran Sargsyan and the members of the IT Enterprise Union (ITEU) discussed IT development outlook and future programs during a breakfast meeting this morning. The IT sector was said to be on the rise in our country. International companies are coming to Armenia and there is a serious market demand for labor. In this context, the meeting discussed training-related issues, including the founding of the Armenian National Engineering Laboratory at the State Engineering... more »
Tigran Sargsyan Extends Condolences To Belgian PM
Prime Minister Tigran Sargsyan sent a message of condolence to Prime Minister of Belgium Elio Di Rupo over the tragedy that hit the Swiss town of Sierra. The cable reads as follows: “I deeply regret the tragedy that occurred in the Swiss town of Sierra which took the lives of 28 Belgians. On behalf of the Government of Armenia and myself, I express sincere sympathy to you, to the friendly people of Belgium and the relatives of the victims. I wish you strength and... more »
Old Yerevan Project To Be Implemented
A Cabinet sitting was held today, chaired by Prime Minister Tigran Sargsyan. The Executive authorized the Mayor of Yerevan to conclude on behalf of the Republic of Armenia corresponding arrangements with EMC and Glendale Hills closed joint stock companies and Serge - Agopig-Der-Sahaguyan LLC specifying the rights and obligations of the State and the developer stemming from the alienation of property at the site enclosed by arami, Byuzand and Koghbatsi streets. The agreements shall... more »
