The program to be more accessible to rural youth
At today’s cabinet sitting, the Government decided to amend the Affordable Housing for Young Families program to the benefit of rural youth. According to these changes, the general quota of State subsidy for rural areas is up to 4 % instead of former 2 %, the size of advance payment is down to 10 % instead of former 30 %. Besides, in parallel to collaterals guarantees will be accepted from those companies included in the list of 300 top taxpayer entities. At the press... more »
Reform due in the system of State Committee on Immovable Property Cadastre
Today’s cabinet sitting approved the concept of reform in the system of State Committee on Immovable Property Cadastre. At the press conference which followed the sitting, deputy head of State Committee on Immovable Property Cadastre Ashot Musayan noted that reform assumes improvement of quality of service, elimination of unnecessary red tape, simplification of procedures of state registration of titles and availability of information. As he said, those functions carried out by... more »
A new procedure to be followed in paying pensions
Following today’s cabinet sitting, Minister of Labor and Social Affairs Arthur Grigoryan commented on the government-approved pension payment scheme. According to the minister, the new order of pension payment as stipulated by the pension reform will be effective as of January, 2011 in cash and non-cash forms. Non-cash payments will be effectuated via bank accounts enabling the pensioners to dispose of the sums available on their bank accounts without timing restrictions using a... more »
The use of pastures and hayfields streamlined
The government eased the procedure to follow in granting pastures and hayfields to local farmers. Today’s cabinet sitting approved a draft decree on the use of pastures and hayfields in Armenia. In this connection, Minister of Justice Gevorg Danielyan told the news conference held at the government’s press center that all tender winners will have to sign an environmental arrangement. That is they will be spared the inconvenience of having to turn to the State Committee on... more »
The process is being simplified
The Government of the Republic of Armenia is set to facilitate the import and export of animal foodstuffs. To this end, today’s cabinet sitting approved a number of draft decrees. In this connection, Minister of Agriculture Gerasim Alaverdyan told the press conference that followed the cabinet sitting that the proposed decrees seek to reduce the number of papers to fill in by farmers while importing and exporting foodstuffs of animal origin. According to the Minister, the... more »
Armenia set to have a sustained economic development budget in 2011
Minister of Finance Tigran Davtyan told the press conference which was held today at the Press Center of Government that Armenia will enjoy a sustained economic development budget in 2011. Budget receipts will stand at AMD 875bn next year, well above this year’s actual performance. According to the Minister, AMD 650bn will be raised in tax revenue, instead of the current 570 billion. The expenditure side will rise to nearly AMD1 trillion, 63 billion up this year’s indicator, and... more »
Simplified licensing process
The news conference held today at the government’s press center was entitled “Licensing process reform and online licensing” and featured Chief of Government Staff David Sargsyan and Minister of Finance Tigran Davtyan as keynote speakers. The Minister of Finance told the press conference that the government has been taking serious steps recently to simplify procedures, remove administrative barriers and minimize bureaucracy in general. Let us remind you that at the... more »
Simpler registration procedures for legal persons
Today the Government approved a package of amendments to a number of Armenian laws. As Minister of Justice Gevorg Danielyan noted during the briefing that followed the cabinet sitting, as a result of this initiative, twice as fewer documents will be needed for registration of legal persons in Armenia. The applicants will have to produce only their identity papers, the company statutes and the State duties settlement receipts. “Administrative bodies are part of a single system.... more »
Draft government decree on Meghri HPP was approved
Today’s cabinet sitting approved a draft government decree on Meghri HPP. During the briefing that followed the sitting of the government, RA Minister of Energy and Natural Resources Armen Movsisyan advised that for some years now land survey and feasibility work has been carried out under the project. “We have reached an agreement with the Iranian side that first they should finance the project and then get refund of investments from the proceeds of electricity sales.”... more »
A farming and traveling center to be founded in the area next to Paskevich Bridge
The briefing held at the Government Press Center after the cabinet sitting treated the Government-approved project on construction of a specialized farming and traveling complex off the Paskevich Bridge in Vaik town community of Vaiots-Dzor marz. The matter was commented on by RA Minister of Urban Development Vardan Vardanyan. The project was said to have been earmarked 7-8ha extra area in the same zone to take under control development activities in the town and build a 150-suite hotel... more »
