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Official News

Monday, 16 April 2018

Karen Karapetyan Discusses Construction of Masrik-1 55 MW Solar Station with Representatives of International Consortium

Acting Prime Minister Karen Karapetyan received Nicholas Fascel, Executive Director for Middle East, Africa and New Territories, and Tristan Iguerro, Executive Director for Near East, Asia and Australia of the Consortium of Fotowatio Renewable Ventures B.V (the Netherlands) and FSL Solar S.L. (Spain). The interlocutors discussed issues related to the construction of Masrik-1 55 MW solar station. The right to the project was granted to the Consortium based on the tender’s results.... more »

Friday, 13 April 2018

Innovation Development Program Discussed in Government

Acting Prime Minister Karen Karapetyan held a consultation, during which he was introduced to the “Towards Smart Armenia: Strategic Approach to Innovation Development” program. Supposed to form a general vision of an innovation-based country, the program provides the assessment of our country’s innovative system performance, the level of potential investments and the projected outcome. The authors of the project said specific measures will be implemented in order to... more »

Friday, 13 April 2018

North-South Road Corridor Governing Council Holds Regular Meeting

Chaired by Acting Prime Minister Karen Karapetyan, the Governing Council of North-South Road Corridor, Sustainable Urban Development and Northern Corridor Modernization Programs met today in the Office of Government. The Council first approved the results of the international tender for construction of a new bridge over the Debed River in Bagratashen and the contract to be signed to that effect. JVCA of Soosung Engineering Co., Ltd and Korea Consultants International Co., Ltd have been... more »

Friday, 13 April 2018

Solar Energy Development Prospects and Opportunities Discussed in Government

The prospects and opportunities for the development of solar energy were discussed during the consultation, chaired by Acting Prime Minister Karen Karapetyan. Acting Deputy Minister of Energy and Natural Resources Hayk Harutyunyan reported that a new solar energy development roadmap has been developed under the solar station construction program, which incorporates six feasibility studies on construction of power plants at different locations, one of which is the Masrik-1 project.... more »

Friday, 13 April 2018

45 New Programs To Be Implemented in Communities -Interagency Commission for Evaluation of Subvention Bids Holds Meeting

Chaired by Acting Prime Minister Karen Karapetyan, the Interagency Commission for Evaluation of Subvention Bids met today in the Office of Government. The meeting discussed 46 subvention bids received from communities. Acting Minister of Territorial Administration and Development David Lokyan reported 46 bids received from 33 communities to a total cost of AMD 2,032 million. Of this amount, communities’ contribution is 963.1 million drams; the private sector shall invest 177 million... more »

Thursday, 12 April 2018

Improvements to Condominiums’ Activities Discussed in Government

Issues of improving the activities of condominiums were discussed during a consultation held with Acting Prime Minister Karen Karapetyan. The meeting discussed tinistry of Justice-developed draft laws on amending the RA law “On Multi-Apartment Buildings Management” and on calling off the RA law “On condominium.” The proposed amendments streamline the stakeholders’ responsibilities in the management of multi-apartment buildings, set professional management... more »

Thursday, 12 April 2018

Karen Karapetyan briefed on public-private partnership law drafting work

Acting Prime Minister Karen Karapetyan held a consultation, during which the process and further steps of the work on drafting the RA law “On public-private partnership” were presented. Head of Center for Strategic Initiatives Alexander Khachaturyan reported on the results of the discussions held with the government departments concerned and international organizations on the drafting of the law, the bill’s key provisions, logic and goals. Highlighting the importance... more »

Thursday, 12 April 2018

Karen Karapetyan: “Reference should be made to the reduction of income tax rates”

A Cabinet sitting was held today, chaired by Acting Prime Minister Karen Karapetyan. Before discussing the agenda, the Acting Prime Minister gave a number of instructions. Karen Karapetyan’s first instruction was about the applicable rates of income tax and tax administration. “We stated a 7.5% economic growth and managed to overrun the fixed tax rates index in 2017. These developments enabled us to further strengthen the economic potential of our country, as well as... more »

Wednesday, 11 April 2018

Launch of Irrigation Season, Reservoir Building Investment Projects Discussed in Government

Chaired by Acting Prime Minister Karen Karapetyan, a consultation was held in the Office of Government to discuss issues related to the launch of the irrigation season and the implementation of medium and small water reservoir construction projects. Referring to the amount of water available in water reservoirs, Chairman of State Water Management Committee Arsen Harutyunyan reported that at this point of time, there is 480.5 million cubic meters water in the reservoirs, which is 30... more »

Tuesday, 10 April 2018

VAT Payment Deferment Process to be Streamlined

Chaired by Acting Prime Minister Karen Karapetyan, a consultation was held today in the Office of Government to discuss issues related to the deferment of VAT payments for goods imported by economic entities, Head of State Revenue Committee Vardan Harutyunyan and Acting Minister of Economic Development and Investments Suren Karayan reported on the results of the implementation of VAT payment deferments. Proposals and recommendations were presented during the exchange of opinions that... more »

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