IBM Center For Innovative Solutions, Technologies To Be Set Up In Armenia
Minister of Economy Vahram Avanesyan and IBM Vice President Kyrill Kornilev signed today a Memorandum of Understanding (MoU) to look into the possibilities of long-term cooperation. Note that an agreement on bilateral cooperation was reached during Tigran Sargsyan’s visit to the U.S. late last year. During the press conference, which was held at the Government’s press center, Mr. Avanesyan stressed the importance of the MoU to Armenia’s IT sector. Welcoming... more »
Business Environment Improvement To Be Continued In Armenia
Today’s Cabinet sitting approved the 2013 Action Plan for improvement of business environment in Armenia, which seeks to simplify administrative procedures, promote a rapid growth of small and medium enterprises, boost foreign trade and so on. During the news conference which was held after the cabinet sitting, Minister of Economy Tigran Davtyan said the reform is expected to further improve the business environment in Armenia. Large-scale reforms will be implemented to... more »
Yerevan Small Center - Special Urban Development Focus
Today’s Cabinet sitting approved a concept for the law “On Yerevan Small Center Development.” During the news conference which was held after the meeting, Deputy Minister of Urban Development Ruzan Alaverdyan said the proposed concept provides that the Yerevan small center should be deemed as a special urban development facility considering its objective necessity. Due to the development of the project is expected to be smaller in the future to improve the... more »
Government Passes Export Development-Oriented Decisions
Today the Government adopted two important decisions aimed at promoting Armenian exports. This is what Minister of Economy Tigran Davtyan told the news conference held today at the Press Center of the Government. Note that the today’s cabinet sitting approved a program and an action plan for implementation of the Government’s export-oriented industrial strategy in 2013. With another decision, the government authorized the Ministry of Economy to form a working group... more »
The State To Keep On Backing SMEs
Today’s cabinet sitting approved a small and medium-size business support program and a timetable for 2013. As Minister of Economy Tigran Davtyan told the news conference which was held later at the government’s press center, AMD 150m will be earmarked for the program in 2013. According to the minister, taking another step on the way to boosting small and medium-size businesses, the government highlights the role of SMEs in ensuring economic development, generating new... more »
David Sargsyan Presents Ongoing Public Sector Reform
“The Government continues reforming the public sector in a bid to facilitate and improve the quality of services, reduce deadlines, enhance transparency, introduce the one-stop shop principle and electronic control systems,” Chief of Government Staff David Sargsyan told the news conference which was held today at the Government’s Press Center. The speaker singled out 3 priority areas. In particular, a new section referred to as Statements by Licensed Persons is now... more »
Healthcare Ministry’s primary focus is to enhance the quality and effectiveness of health services
The Ministry of Healthcare continued reforming the healthcare system during 2012. This was stated by Minister of Healthcare Derenik Dumanyan during the year-end press conference at the Government’s Press Center. He said that the government had prepared and approved a program plus action plan for public control in healthcare and drug policy issues to provide a guideline for the next 6-7 months. According to the Minister, the modernization of regional hospitals is continued. The... more »
SCPEC Has Made More than 200 Decisions Regarding the Anticompetitive Actions of Unscrupulous Businessmen
As of December 24, 2012, RA State Commission for the Protection of Economic Competition has made 214 decisions regarding the anticompetitive actions of unscrupulous businessmen. SCPEC President Artak Shaboyan presented the details during the last conference of the year, held at the government’s press centre. He noted that as a result of these decisions a penalty of about 250 million drams was set. “The court appeals of the decisions are very important for the... more »
Finance Minister Sums Up Financial Year
According to Ministry of Finance forecasts, economic growth in 2012 will be a little higher than the real GDP growth of 7%. This was stated by Minister of Finance Vache Gabrielyan during his year-end news conference which was held at the Government’s Press Center. “Growth will be attended by low inflation. The 12-month inflation rate will not exceed 4%, with the annual average estimated at 2.5%. We had a successful financial year in 2012 as compared to other countries of... more »
Business Environment Improves
The Cabinet approved today a package of bills referred to as “On amendments to a number of laws and legal acts,” which comprises 16 laws altogether and seeks to drastically improve the business environment, small and medium enterprise and the system of tax administration. Minister of Finance Vache Gabrielyan and Deputy Minister of Finance Suren Karayan introduced the amendments during the press conference, which was held at the press center of the government.... more »
