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Thursday, 10 December 2015

Fines for less significant offenses will be replaced with warning

Today's Cabinet sitting approved a set of legislative amendments. During a press conference that was held following the Cabinet meeting, Minister of Justice Arpine Hovhannisyan said that the amendments to road safety regulations were adopted to comply with the directives issued at the September 11 consultation held with the President of the Republic of Armenia. A task force had been set up to this end by the Prime Minister. The proposed amendments will help address a number of traffic... more »

Thursday, 26 November 2015

New directions established for the use of family capital

The Government approved today a resolution aimed at enhancing efficiency in the use of lump-sum allowances offered to families for third and subsequent children. Labor and Social Affairs Minister Artem Asatryan gave the details of the decision at the press conference, which was held after the Cabinet sitting. The Minister said the Government has approved the use of new directions of domestic capital. In particular, it is proposed to make available to target rural population the goals... more »

Wednesday, 16 September 2015

Armenia Investment Forum 2016 will be a good platform for effective cooperation

Supported by the Asian Development Bank and cooperating with Ameria and the U.S.-based Pragma consulting companies, the Government has initiated the implementation of the Armenia Investment Forum 2016, which will be held in New York in September, 2016. Today’s Government Press Center-hosted news conference gave details of the conference. It was noted that the conference will create a favorable platform for building effective ties of cooperation between chief executives of... more »

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 »

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