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Official News

Thursday, 10 March 2011

Stabilization of retail prices targeted

A cabinet sitting was held today under the chairmanship of Prime Minister Tigran Sargsyan The meeting took note of the 2010 national report on activities against human trafficking. The government approved a package of draft amendments to the law on trade and services and the code of administrative offences of the Republic of Armenia. The amendments envisage the government’s intervention in case the food staples will rise in retail prices 30% and over within 30 calendar days in... more »

Friday, 4 March 2011

Inspection reform coordinating council holds second sitting

The Council on Coordination of Inspection Reform held its second sitting at the Office of Government. The council discussed amendments to the law on organization and conduct of inspections in the Republic of Armenia. The Prime Minister ordered to summarize the proposals and recommendations voiced at the meeting and submit them to the task force within a week’s time. The meeting next discussed and approved the methodology of risk-based checkups carried out by Healthcare... more »

Friday, 4 March 2011

Government’s tourism development-oriented efforts take effect

Prime Minister Tigran Sargsyan attended today the presentation of www.armhotels.am , Armenia’s first-ever online hotel booking system Presented by “RUMEA” Tempting Trips Club, the business program on the launch of www.armhotels.am online booking system was approved in September, 2009 by the Prime Minister-headed Operative Staff which seeks to support development projects in Armenia. To this end, the company was provided AMD 25mn in loan resources. Addressing the... more »

Thursday, 3 March 2011

Business environment set to improve

A cabinet sitting was held today under the chairmanship of Prime Minister Tigran Sargsyan The Prime Minister directed the ministers and agency heads to be more active in making public speeches and introducing the State policy to the public-at-large. The Cabinet amended a previous decision stipulating that the purification of precious metals and the production of banking gold and standardized gold bars will not be subject to licensing. The decision seeks to improve the business... more »

Wednesday, 2 March 2011

Government to provide incentives for students’ academic achievements

Prime Minister Tigran Sargsyan attended a ceremony of handing scholarship certificates to students with good academic achievements in the Yerevan State University. The head of government handed out the certificates in person. Congratulating the best of eligible students, Tigran Sargsyan noted that the government tends to provide incentives for students’ academic achievements. Addressing the meeting, the Prime Minister stated in part: “Students should be focused on the... more »

Wednesday, 2 March 2011

Prime Minister receives Asian Development Bank representatives

Prime Minister Tigran Sargsyan received ADB Central and Western Asia regional director for transport and communications Hong Wang. Welcoming the guests, Tigran Sargsyan made a point of deepening and expanding cooperation between the Government of the Republic of Armenia and the Asian Development Bank. The head of government appreciated the Bank’s assistance with the design and implementation of the North-South Road Corridor investment program. Thanking the Prime Minister for... more »

Saturday, 26 February 2011

Prime Minister attends “Bridge” forum

Prime Minister Tigran Sargsyan attended today the 8th international “Bridge” economic forum in Tsakhkadzor. Addressing the forum, the head of government highlighted Armenia’s commitment to hosting international conferences. According to the Prime Minister, the forum should focus on the ways of ensuring macroeconomic stability in the wake of the global crisis. In this connection, Tigran Sargsyan stated in part: “Forums like this bring together intellectuals who try to... more »

Friday, 25 February 2011

Pace of business environment-related reforms discussed

The Business Support Council met in the Office of Government, chaired by head of council, Prime Minister Tigran Sargsyan. Underscoring the importance of business-friendly reforms, the head of government reminded that securing a place within the top 10 ranking of Doing Business was one of the priorities of the President’s electoral platform. Speaking on the pace of those drastic measures aimed at improving the business environment, First Deputy Minister of Economy Karine... more »

Thursday, 24 February 2011

Prime Minister Tigran Sargsyan attends sitting of Board of State Pedagogical University after Kh. Abovyan

The academic board of the State Pedagogical University after Kh. Abovyan met, chaired by board chairman, Prime Minister Tigran Sargsyan. The election of the rector of the University was on the agenda. Acting rector Ruben Mirzakhanyan was the key nominee to the post of rector. As a result of the voting, Ruben Mirzakhanyan was elected rector of the State Pedagogical University after Kh. Abovyan. The meeting also discussed the University’s 2010 annual report and the budget for... more »

Thursday, 24 February 2011

Socially-oriented decisions prevail

A cabinet sitting was held today under the chairmanship of Prime Minister Tigran Sargsyan The cabinet backed the procedure to follow in extending treasury loans to citizens for customs clearance purposes for such means of transportation imported under the temporary import regime. To this end, the Ministry of Finance was allocated AMD 300mn to be supplemented if necessary. Prime Minister Tigran Sargsyan advised to have received a strict presidential assignment to develop a... more »

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