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Friday, 19 December 2014

Prime Minister Bids Farewell to Outgoing US Ambassador to Armenia

Prime Minister Hovik Abrahamyan received outgoing U.S. Ambassador to Armenia John Heffern. Thanking John Heffern for his tenure-long fruitful work in our country and active cooperation, the Prime Minister wished him every success in his future endeavors. Hovik Abrahamyan praised the Ambassador for valuable personal contribution to the strengthening of the Armenian-American ties that has led to tangible progress in bilateral relations. The Head of Government said the United... more »

Friday, 19 December 2014

PM Welcomes German KfW Bank First Vice President Eva Witt

Prime Minister Hovik Abrahamyan received a delegation led by German KfW Bank First Vice President Eva Witt. The interlocutors praised the fruitful cooperation between the Bank and the Government of Armenia in the fields of energy, water management, private sector financing and agriculture. The Prime Minister attached particular importance to the construction of a power transmission line between Armenia and Georgia and the reconstruction of the Kaps reservoir, which will help improve... more »

Thursday, 18 December 2014

By Prime Minister Hovik Abrahamyan’s decision, Vardan Davtyan was appointed to be Deputy Governor of Syunik Marz of Armenia. According to another decision signed by the Prime Minister, Aram Grigoryan was relieved of the office of Deputy Governor of Vaiotz-Dzor Marz.  

Wednesday, 17 December 2014

Government Discusses Financial Market Stability Issues

Prime Minister Hovik Abrahamyan chaired a consultation on financial market situation, attended by World Bank, International Monetary Fund representatives and the heads of stakeholder departments. The meeting discussed the recent financial market developments and possible countermeasures. The importance of a floating exchange rate policy was emphasized to prevent the possibility of long-term instability in the economy. At the same time, it was considered important to stabilize the... more »

Wednesday, 17 December 2014

Statement by the Prime Minister of the Republic of Armenia in connection with the situation in the financial market

Current developments in the financial market are mainly due to the global and regional events that are not devoid of obvious speculative elements. In the context of the elemental course of events, the Armenian Government continues to remain committed to the policy of floating exchange rate in order rule out long-term instability in the economy. The government is supporting the efforts of the Central Bank, aimed at the stability of the financial system and takes all measures to ensure... more »

Monday, 15 December 2014

Prime Minister Receives Representatives of Asian Market-Engaged Companies

Prime Minister Hovik Abrahamyan received Director of Oriental Patron financial group Zhang Jing, Fortune Oil CEO Tian Jun and a representative of Fortune Resources Monica Lin. The guests briefed the Premier on the programs and projects in Armenia’s industrial sector. They noted that they were interested in the implementation of different projects in Armenia and expressed the hope that their investment will result in additional jobs. Welcoming the initiative, the Prime Minister... more »

Saturday, 13 December 2014

PM Receives Nairit Staff

As promised, Prime Minister Hovik Abrahamyan once again received a group of employees from Yerevan Nairit Plant. The meeting discussed the possibility of re-commissioning the plant and the steps to take in this direction. It was noted that the problems of Nairit should be addressed exclusively in the framework of the law and the Executive is ready to use every opportunity to re-commission it. World Bank experts will conduct a study in Nairit to provide their findings on the... more »

Friday, 12 December 2014

Armenian, Georgian Prime Ministers Initial Friendship Bridge Construction Agreement

To wrap up Armenian Premier’s official visit to Georgia, an agreement between the Government of Republic of Armenia and the Republic of Georgia was initialed on the construction of a new bridge over the Debed River at Sadakhlo-Bagratashen border checkpoint on the State border between Armenia and Georgia. The agreement was initialed by Prime Minister Hovik Abrahamyan on behalf of the Government of the Republic of Armenia, and by Georgian Prime Minister Irakli Garibashsvili on behalf... more »

Friday, 12 December 2014

Armenian Prime Minister Meets with President of Georgia

At the residence of the President of Georgia, a face to face meeting was held today between Prime Minister of Armenia Hovik Abrahamyan and President of Georgia Giorgi Margvelashvili. The parties highly assessed the Armenian-Georgian friendly relations and stressed te need to develop them continuously. The Armenian Prime Minister and the President of Georgia expressed satisfaction with the high level of bilateral political dialogue and stressed that it is necessary to make efforts towards... more »

Friday, 12 December 2014

PM Meets with Armenian Community Representatives in Tbilisi

On the second day of his official visit to Georgia, the members of Prime Minister Hovik Abrahamyan-led government delegation visited the Heroes’ Square in Tbilisi and laid a wreath at the monument. The Prime Minister also called at Havlabar residential district in Tbilisi where he went to Khojivank pantheon of Armenian writers and public figures to get acquainted with the ongoing improvements and paid tribute to the memory of great Armenians. Hovik Abrahamyan left the... more »

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