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Thursday, 25 June 2015

Vulnerable households to get refund of extra spending caused by rise in electricity tariffs

The Government amended one of its previous decisions to enable the reimbursement of extra spending caused by the planned rise in electricity tariffs covering over 105 thousand needy families, At the Government Press Center-hosted press conference, which was held following today’s Cabinet meeting, Minister of Labor and Social Affairs Artem Asatryan said that according to data available from the Public Services Regulatory Commission, each family consumes 200 kW of electricity per... more »

Wednesday, 10 June 2015

Turnover tax to be substituted with license fees in gold markets

The Government approved a bill on amendments to the Law on License Fees, which sets new rates of license fees for precious metals traders. Deputy Economy Minister Emil Tarasyan introduced the bill at the Government Press Center-hosted news conference following the Cabinet sitting. The bill suggests replacing the turnover tax applicable to gold markets with license fees, with a maximum amount set at AMD35 thousand in Yerevan, AMD25 thousand - in Marz centers and 0 dram - in border... more »

Wednesday, 10 June 2015

Army service pensions to be raised as of July 1

The Government decided that as of July 1, 2015, the size of military pensions will be raised. This decision was taken at today’s Cabinet sitting. As Minister of Labor and Social Affairs Artem Asatryan told the Government Press Center-hosted news conference following the Cabinet sitting, the base pension amount for the calculation of servicemen’s pensions will be AMD16 thousand instead of the currently applicable AMD14 thousand; the cost of one year of military service will be... more »

Thursday, 30 April 2015

Irrigation water to be supplied free of charge

The Government approved a resolution that will enable water users to get free irrigation water for 80 thousand hectares of arable land. At the Government Press Center-hosted press conference that followed today’s Cabinet meeting, Head of Ministry of Agriculture-affiliated State Water Committee Aram Haroutunyan reported that in order to prevent the spring overflow of rivers during the month of May, Sevan-Hrazdan Water Supply CJSC and Akhurian-Arax Water Supply CJSC were allowed to... more »

Thursday, 30 April 2015

Labeling of some products allowed month’s deferment

According to the Law on Trade and Services, a number of products are subject to mandatory labeling. The applicable law provides that as of this May 1 labeling should be mandatory for vitamins, vaccines, medicines, perfumes and other products. At the Government Press Center-hosted press conference that followed today’s Cabinet meeting, Deputy Finance Minister Vakhtang Mirumyan said that many SMEs are still running short of sales. The Government approved draft amendments to the... more »

Thursday, 30 April 2015

Probation service to be launched in Armenia

The Government approved today a concept note on introducing the institute of probation service in Armenia. At the Government Press Center-hosted press conference that followed today’s Cabinet meeting, Justice Minister Hovhannes Manukyan presented the main tasks and objectives behind the launch of the probation service. According to the Speaker, the probation service is based on the ideology of rehabilitative justice, which implies alternative means of imprisonment to achieve the... more »

Thursday, 16 April 2015

Cabinet accepts proposal on simplifying licensing rules and regulations

The Government approved a package of draft amendments to the Law on Licensing Fees and about a dozen other laws and legal acts in an effort to streamline the sphere and improve the business climate. As Armen Yeghiazaryan, Director of the National Center for Legislative Regulation S.A. told the Government Press Center-hosted news conference, speaking in logical terms, the bill consists of two different sections. In the first section, licensing fees are set for some activities carried out... more »

Thursday, 26 March 2015

Arman Khachatryan Introduces ADF Past activities, Future Plans

Armenia Development Fund (ADF) Acting Director Arman Khachatryan told the Government Press Center-hosted news conference that the Fund is focused on three main areas of activity: investment, export promotion and development of tourism. Within a short period of time, the Fund has already organized two dozen events, including domestic manufacturing companies’ participation in a number of international exhibitions. Referring to the Fund’s future projects, the speaker advised that... more »

Thursday, 26 March 2015

Monthly benefit of honor to double in amount for Great Patriotic War II Veterans

The government decided to increase the amount of monthly honorary benefit for Great Patriotic War veterans: starting this May 1, they will be receiving AMD50 thousand instead of 25 thousand drams. Minister of Labor and Social Affairs Artem Asatryan told the Government Press Center-hosted news conference that there are currently 1,100 war veterans entitled to honorary benefits. The Minister took the opportunity to touch on the Government’s ongoing employment programs.   more »

Thursday, 26 March 2015

Government Approves Drugs Bill

The Government approved today a set of amendments to the laws on drugs, licensing and five other legal acts to be submitted to the National Assembly in the prescribed manner. During the news conference held at the Government Press Center, Healthcare Minister Armen Mouradyan said the amendments are meant to regulate the circulation, registration, parallel importing, advertising and other problems related to prescribed drugs. The new laws are expected to significantly increase the... more »

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